SPX daily closed right on trend line. weekly still in downtrend.
ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
sorry ammo, saw yours after i posted the daily.
Short 31.75 for the day, stop 36.50. target 21-
How's everyone these days..SP500 will be 2300, that's right its 1630's now.. how long will it take? ..by 2016
How is it possible?, with inflation there is no other place to put money but trend following asset inflation. Interest rates will climb, 10 year is at 2.7% .. it will approach 5%.. 30 year over 8%.
How is it possible?, with inflation there is no other place to put money but trend following asset inflation. Interest rates will climb, 10 year is at 2.7% .. it will approach 5%.. 30 year over 8%.
at 2.7% now.
lol good one.First the mkts going to the moon because of qe 3,4,5 and 6. Now we have hardly any inflation and 3% yields and all of a sudden we have massive inflation.so wall street doesn't have a qe gig for stks to run forever so now its flying bond yields with no earnings growth is good for stks.Always something thats good for stks till one day we fall and fall and fall even more
take a look historically, how often do equities and yields run in tandem, they both keep rising till one asset class is more riskier then the other.
the world economy is rigged, China can't cure its population ills with average growth, world central banks are printing money publicly and when rationally unpopular, covertly.
the system can be juggled forever till there is so much paper wealth that the system is allowed to cascade down.
Destruction - creation - destruction of paper wealth
Deflation - inflation - deflation....
When fiscally irresponsible, nations can only resort to printing money to pay bills, these major cycles are engineered to create multidecade bipolar economic cycles.
Deflation - inflation - deflation....
When fiscally irresponsible, nations can only resort to printing money to pay bills, these major cycles are engineered to create multidecade bipolar economic cycles.