Quote from tom123:
that oil chart looks like a gold mine for analysis...
the uncertain political climate ,I think deserves some attention...
yoohoo's trading process remains solid no matter what happens...
what am I looking to forecast and how...?
will there be a euro pullback soon? or will it trend upward into 160 and beyond?
Is there an abberation in this most recent oil 'rocket blast'.... that 12 year trendline of oil..... This most recent blast off...I dont see any other candlestick remotely like that...so outrageously big. in the chart yoohoo posted..... that extreme upsurge...looks like an abberation of sorts...hence ought to retrace /pullback to somewhere,at some point.
...no?
in terms of the real world effect on american citizens..... this level of gas and food expense Cannot !! continue for too long without public outcry. food is reaching double what it cost last year. as is gas. home values across the country have lost 20 % value in 2 years. ...
when the american standard of living is .... changed for the worse , so quickly like this..... the question is ...how long will the people stand the suffering before the government decides to stop gouging us...stealing $ from us at the gas pump....which is what theyre really doing.... to pay for the war empire.... to continue the war empire.... this is what is the purpose of it I believe....
but what I wonder is.... when the public raises enough of a scream..... then what will happen to the euro/usd...what pressures will let up...oil comes down ...(to where it really should be) ? where would that be.... and life returns to a level thats less of a crisis. the cost of living here in the US with food and gas is heading toward crisis level ...if this trend in costs continues ....I would sense.... 6 months more..... is all this being orchestraded to be timed for the election in november...some sort of chaos? purposely creating as much of a 'disaster' economy as possible....for the new (Obama...?) administration to 'deal with' .... this has been the kind of thing republican administrations have done before.....let the 'democrats' fix the mess...... let the kennedy administration deal with cuba, and deal with civil rights tensions...let the carter admin deal with the mess watergate left to clean up.... and what a mess 8 years of neo-con crazies is leaving to deal with..... they wanted guilianni to be installed, then clinton,they had to settle for McCain....who is nothing but a puppet, like bush....the real power in control will be ...Liebermann...which puts the crazies right back in the driver seat to kick off WW3.
I hope this wont spoil my golf game.
But before I get too carried away..... all I wanted to do here was stimulate further discussion before the week starts...about what everyone's perspective analysis is ,outlook for the coming week, and month?
or at least what to expect for monday?
My original thought.....was that this latest oil rush to the top....looks like an abberation (to some kind of degree)....which would suggest to me something strange to examine.
Is the dollar getting stronger for real ,like it seemed last week? or is the euro going back up to 160 and beyond?
My gut instinct smells a rat somewhere....like as if thre are many numbers that the U.S. government are faking... and that the real U.S. economy is in terrible condition, worse than they want the public to know. and thats why they are gouging us at the pump.... all empires, steal and plunder their citizens right before they collapse.
the USA is the modern version of the unholy roman empire.
Life is not really 'going along as normal' in the usa these days.... not for the last 80 years....since the great depression/1929 crash..... and especially not since jfk was removed from office.
its possible the world may be witnessing the next big moment in U.S. history .... the next big nail in the coffin for the american empire....whatever than might be. the last 2 presidential elections were stolen by computer vote fraud.... it can be automatic from now on....which puts Mc Cain in office and Liebermann's finger on the button.... with the desperate and terminal us empire holding the world hostage...in order to survive into the future.
gee...dont I have a vivid imagination this morning.....lol
Are the centralbanks/government controllers/ manipulating the shi$%#@^ out of the whole forex game right now? so that we will have no idea what they want to happen?
Does the feeling tone of the daily movement,feel to you long time experts....like something uncertain, unpredictable, in the political and cultural and world climate..... ? i.e. does this uncertain energy.... something that happens routinely , during presidential election seasons? that sort of thing. does it happen during run ups to wars (march 2003? jan 1991?).... you see my ideas? (summer 1992) summer 96) summer 2000,2004...etc
Sorry if my thoughts are way off base...I'm a newbie to political forex..... not new to life,and not naiive...just new to forex analysis. eager to hear all your thoughts and insights.....
