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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (6435)	9/6/2011 10:28:10 AM
From: robert b furman	Respond to of 41179

I think the poor Swiss Franc is the victum of as hedge play on the Euro. Short the Euro and get long the the Swissie. So much money is being bet - it is killing the Swiss economy with an inflated currency. Perhaps a clue as to how much money is being wagered on the Euro collapsing. Euro banks will lose all solvency if the market haircut was taken. They are now where US banks were in 2008 with real estate credit crisis. In our global world these insolvencies become systemic. Interesting to me that very few tie the high price of crude to the ensuing recession that always follows - globally. We've been strangled by high crude all along during this weak recovery and it seems few tie together the relationship. It is no surprise to me!! Crude has killed most of the equity bull markets in my lifetime.

To: robert b furman who wrote (6435)	9/6/2011 11:02:23 AM
From: Z-M-L	Read Replies (2) \| Respond to of 41179

Since completing the three wave A-B-C move from the August 9th low, a lot of technical stuff indicate we move lower: 1) The 1231 resistance is formidable since it is the 62% retracement of the 910-point decline from October 2007 to march of 2009. 2) 1230 was also the 50% retracement of the decline from 1356 to 1102. 3) On Friday, September 2nd, the Gap Down open formed an Island Reversal from the Gap Up open on Monday, August 29th in the NDX. 4) Last week we had a Gravestone Doji formed (after a rally) on the WEEKLY SPX. 5) If we close negative today, we will have Three Black Crows. 6) A 5/10-day MA Bearish Cross should again emerge tomorrow. 7) Dr.Copper heading down again. and more: 8) Daily Full Stochs on Bearish Cross. 9) Daily MACD about to have a Bearish Cross. So everything I am seeing points to new lows below 1102 in the coming weeks. Just sharing what I see. Z-M-L