Where is it? Its just down .27%? Boner said a deal needed to be made before monday or market calamity? Where is the calamity?
Boners big market crash?
- Thread starter noob_trad3r
- Start date
Remember when nobama kept saying that the markets will crash and we will be in a great depression if we didn't pass the stimulus. They just try to create a sense of urgency to pass the damn bill without anyone reading it. The politicians do this urgency tactic and everyone falls for it.
I guess you are kidding, right? 20 pts is not even 2%. Give me 4% and I will tell you that you have a minicrash. Give me 8% and I will take it as a crash.
See S&P500 chart originally posted on blog on January 2011.
This monthly chart show a series of broadening patterns, aka
megaphone wedges. The three broadening formations pictured
reveal an unstable market where buyers and sellers battle for
control. The first two megaphones make clear the eventual victors.
Prepare for the next Black Swan which will be âunexpected and
could never have been predictedâ.
http://stockmarket618.wordpress.com
This monthly chart show a series of broadening patterns, aka
megaphone wedges. The three broadening formations pictured
reveal an unstable market where buyers and sellers battle for
control. The first two megaphones make clear the eventual victors.
Prepare for the next Black Swan which will be âunexpected and
could never have been predictedâ.
http://stockmarket618.wordpress.com