My "secret indicator" is telling me to short today. As crazy as it may seem I can't ignore it.
ES Journal - 2013
- Thread starter Trvlwanderer
- Start date
My "secret indicator" is telling me to short today. As crazy as it may seem I can't ignore it.
Your indicator is "secret" but is he good?
to adjust for inflation the sp 500 would double bare minimum, to double the sp500, all it takes is for banks to trade amongst themselves.
- increased index prices
- increased corporate wealth
- increased pension fund profits
- increased capital gains tax revenue generated
- devalue the dollar
- increased economic activity
- increased imports from China
to do this all you need to do is print money hand it to banks and goose the market...
the benefits of this conspiracy far out weigh the inflation caused...thats what the powers that be are betting on.
- increased index prices
- increased corporate wealth
- increased pension fund profits
- increased capital gains tax revenue generated
- devalue the dollar
- increased economic activity
- increased imports from China
to do this all you need to do is print money hand it to banks and goose the market...
the benefits of this conspiracy far out weigh the inflation caused...thats what the powers that be are betting on.
the market will only get hit when inflation comes back, and the fixed income market rates become competitive, thats a long ways off.
hard to bring back inflation, no one has any money to pay for it,consumers make up about 75% of gdp and most are scratching the surface,broke or underwater,and if they legalize another piece of immigration, all those immigrants will be happy to take less money,more than they were getting back home (0), so lower wages won't meet price expectations
there is immense profit to be made.
http://www.elitetrader.com/vb/showthread.php?s=&threadid=253318&highlight=ponzi
Always in long but don't get caught hanging with naked puts
