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Politics : Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (4186)3/7/2013 9:56:37 AM
From: slowmo  Read Replies (1) | Respond to of 14245
 
The MARKET is never legit! That has served me well thank you!

You see, this is a game of illusion, that is the only way they can take money from you, to give you (investor) a false signal. That's all I need to know!

These poor souls who sold their PM's to hop on the DOW train are about to be fleeced IMO of course, we will see soon?



To: da_cheif™ who wrote (4186)3/7/2013 10:24:58 AM
From: Beam  Read Replies (2) | Respond to of 14245
 
Cheif(?) -- Just to throw my 2¢ in here: The markets are definitely benefiting from low interest rates and QE liquidity -- along with the notion that a more realistic rate of inflation is legitimately pushing tangible valuations higher. Retail buyers may also feel they don't have a lot of other meaningful investment choices.

But this market rally comes at a time when many of the largest retail chains are cutting costs and closing stores -- as, for instance, Walmart's January sales figures indicate. The mid-to-low end retail market is suffering. Many manufacturers in the tech sector are either losing money or stuck with a mature product line in decline.

I'm not sure what specific force is pushing the markets higher, whether via exuberance, or by design, you have to wonder why the markets are so strong in the face of our fiscal cliff shenanigans, high unemployment rates, record food stamp/welfare numbers, and so forth. I don't watch MSM news, so maybe I just don't understand the propagandized sentiment of the forces at play here.