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re: Dont let today's fools gold fool you.
Posted on 8/12/11 at 11:59 am to kfizzle85
Posted on 8/12/11 at 11:59 am to kfizzle85
Still don't see any fundamental analysis. All seems like technicals to me, which is fine. But you need to keep that in mind. It is what it is.
Peoples perceptions drive the market. If people are focussed on techniczals then they drive the market. When people switch their focus to the fundamantals, if the fundamentals do not agree with the charts, the markets will react to that.
Either way, I don't want to be trampled by the herd!!
Peoples perceptions drive the market. If people are focussed on techniczals then they drive the market. When people switch their focus to the fundamantals, if the fundamentals do not agree with the charts, the markets will react to that.
Either way, I don't want to be trampled by the herd!!
1
Posted on 8/12/11 at 12:08 pm to Sid in Lakeshore
quote:
1000 is a certain unless something crazy happens like a 2 to 4 trillion package from the Government.
QE 3 would not even help.
It would take the Government lifting the debt ceiling much higher then what was just approved and throwing trillions at the problem.
This is a fundamental prediction, not a technical one.
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