observe your crashing dollar
your entire cash savings is worth 3% less than it was 2 weeks ago compliments of the federal reserve
your entire cash savings is worth 3% less than it was 2 weeks ago compliments of the federal reserve
ER2 has topped?
- Thread starter polpolik
- Start date
true. just imagine how wealthy americans would be if you didn't have to pay the fed interest on your hard work in the form of ever worthless dollars. the dollar is worth something like 0.40% (not 40%, four tenths of 1%) of what it was when the fed was created in 1913
you should see the russell priced in gold. not pretty
you should see the russell priced in gold. not pretty
one earner used to be able to support a whole family, not that long ago. americans work for the fed now
Watching the tug back and forth here for the impending continuation of the upmove or a reversal to the downside.
All emas in my intraday timeframes 1, 5, and 15 are very close, especially 5 and 15 are nearly parallel in the 768.2 - 768.8 area. I plot 7, 20, 60, 100, 200. The ADX is below 10 on the 15, 11 on the 5 and 1. Price is also contracting considerably.
This could go on the reaminder of the day, or break one way or another soon. Be wary of the fake break and reversal either way also.
No intraday trades in here for me now, as it would be a total crapshoot imho.
Kelly
All emas in my intraday timeframes 1, 5, and 15 are very close, especially 5 and 15 are nearly parallel in the 768.2 - 768.8 area. I plot 7, 20, 60, 100, 200. The ADX is below 10 on the 15, 11 on the 5 and 1. Price is also contracting considerably.
This could go on the reaminder of the day, or break one way or another soon. Be wary of the fake break and reversal either way also.
No intraday trades in here for me now, as it would be a total crapshoot imho.
Kelly
