Looks like the Euro Crisis is over

[Scataphagos]

Quote from S2007S:




Printing money is the best fixer upper for the global economy.....



SO they think hahahaha

"Print money"... in its various forms.... is ALWAYS the first choice of politicos... easy to implement, consequences of which not understood by the hoi polloi... ultimate catastrophe, of course... when when does the catastrophe become recognized? (In my case, the BEST I can hope for is that it takes 40 years... by then I'll either be dead or have Alzheimer's and won't know "come-here" from "sick-em".. Younger generations? They're JUST FUCKED EVERY WHICH WAY FROM SUNDAY.... And their voting for Odumbo only put more nails in their coffin... )

 

[clacy]

They may have figured out a way to kick the can down the road for another year or two tops, but from a macro standpoint, this thing is a long way from over.

 

[N54_Fan]

Quote from TILT2:

Yes, I agree with what you said. But TA and fundatmental often cross-reflect each other, don't they? I often believe that TA precedes fundatmental. Take the low of March 2009 for example, It must be like that that price reached the bottom first and reversed and then you would see that the fundamental(economic datas)became better and better later so as to support or reason the bullish of the market. In other words, the economics datas(you can also call it fundatmental or news etc)justify the movement of the market or more precisely speaking serve the market. So I only care about the TA, if TA shows a sign that the market would be bullish, then I assume the euro crisis would be over in the near future cause it was the reason why the market went down since last May.

Anyway, put what I said aside, can you explain why these happend especailly the second one by TA? and tell me what does it mean?

I completely agree that you should trade based off of TA and that it precedes the fundamentals. However, my point is that TA showing a bullish market in the scenario of world wide massive debt is NOT necessarily a Bullish market to be thinking everything is peaches. This could be the beginning of an "Inflationary Depression" that would make the 1970's
look like a cake walk. That's why I said you cannot assume Bulish TA = Good times.

Quote from clacy:

They may have figured out a way to kick the can down the road for another year or two tops, but from a macro standpoint, this thing is a long way from over.

I remember reading one of the interviews in one of the "Market Wizard" books that described what we are currently experiencing in world wide economies. That person "predicted" the crash of 2008 with remarkable accuracy.....EXCEPT he said it would happen within 2 years of the interview. I remember the book came out in late 1990s. He predicted about 10 years too early.

Point is,... these problems have been visible for years and politicians have been able to delay what seems like the inevitable. So no one knows how long before we see trouble again. All we can do is ride the wave in the market...whether it is in to shore or out to sea does not matter....JUST MAKE SURE YOU ARE ON THE WAVE IN THE DIRECTION ITS GOING....one day it may be a TSUNAMI.

Good Luck
N54_Fan

 

[TILT2]

Quote from N54_Fan:

I completely agree that you should trade based off of TA and that it precedes the fundamentals. However, my point is that TA showing a bullish market in the scenario of world wide massive debt is NOT necessarily a Bullish market to be thinking everything is peaches. This could be the beginning of an "Inflationary Depression" that would make the 1970's
look like a cake walk. That's why I said you cannot assume Bulish TA = Good times.

I agree. You mean the downtrend in 1970s? TA and fundatmental should cross-reflect each other. The NAS100 CFD(future) has already broken the height of 2nd last May, can you tell me what
does it tell you technically speaking? You assumption can't be croversial with the technical reading of the market.

 

[TILT2]

Quote from GrandSupercycle:

Words fail me.

Hi Grand, glad to see you here.
The NAS100 CFD(future) has already broken the height of 2nd last May, can you tell me what does it tell you Technically speaking?

 

[N54_Fan]

Quote from TILT2:

Hi Grand, glad to see you here.
The NAS100 CFD(future) has already broken the height of 2nd last May, can you tell me what does it tell you Technically speaking?

I'm not sure if maybe I am misunderstanding you but I think it is obvious it says GO LONG.

 

[GrandSupercycle]

Quote from TILT2:
Hi Grand, glad to see you here.
The NAS100 CFD(future) has already broken the height of 2nd last May, can you tell me what does it tell you Technically speaking?

You previously behave like a stalking troll but now you want assistance from me ?
Yeah sure...

 

[Mvector]

Quote from TILT2:

Here are some prooves:
1. Check the chart of DAX30 CFD(future) index, the price has almost reached the top of 27th last October.
2. Check the chart of NAS100 CFD(future) index, the price has already broken the height of 2nd last May.

If you disagree, can you explain why these happened especially the second one?

No - large commercial participants frequently rally instruments they want to sell into again. Just what Equities markets are doing right now - light volume small advances into new multi-month highs trying to get dumb money to help them cash out prior to next hard sell off back into range.

BTW - fading Euro dollar rally night before last was a great payday!

 

[shopster]

Quote from GrandSupercycle:

You previously behave like a stalking troll but now you want assistance from me ?
Yeah sure...

.................................

GS

tilt2 is playing with you.
we all are.

prognostication is a very dangerous activity.
lambs to the slaughter.

until you curtail this activity on the ES board, you will be the rube.

playing thru....

s

 

[TILT2]

Quote from Mvector:

No - large commercial participants frequently rally instruments they want to sell into again. Just what Equities markets are doing right now - light volume small advances into new multi-month highs trying to get dumb money to help them cash out prior to next hard sell off back into range.

BTW - fading Euro dollar rally night before last was a great payday!

Then how can explain this: the NAS100 CFD(future) has already broken the height of 2nd last May.? Can you tell me the technical reading of the market?