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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (38968)6/9/2011 8:58:33 AM
From: ggersh  Read Replies (2) | Respond to of 71479
 
OK, so Greece is making the payments with
borrowed money from the ECB, I'm confused. -vbg-



To: Real Man who wrote (38968)6/9/2011 10:22:53 AM
From: ggersh  Read Replies (1) | Respond to of 71479
 
Meaningful or meaningless?

zerohedge.com

Since "the China Story" is the foundation of global growth, demand for commodities and ultimately, stock market profits, when China's stock market breaks down it behooves us to pay attention. Technical analysis offers a number of tools to help us chart the past and present and calibrate probabilities of what might happen in the future. Much of the time there are no clear signals, and chartists can lose their way trying to discern patterns and trends which may or may not pan out in the future. One classic pattern is a flag or pennant (a.k.a. a wedge). The psychology behind the pennant is rather transparent. Lower highs reflect a decline in Bullish enthusiasm and buying pressure, as every "buy the dip" fails to match the previous dip-buying. he direction of China's market has been decisively signalled: breakdown. In technical analysis, it doesn't get any better than this.