Market Outlook

What can we say, markets are dictated by nominal currency bud. No one can fight Ben Bernanke, even his younger son Jamie Dimon can only argue with him, like a child telling dad to F*@K off.
 
Quote from GrandSupercycle:

March 12, 2012
THIS EXCELLENT CALL AND INSIGHTFUL CHART RECORDED FOR POSTERITY.

March 8, 2012
bone
ET Sponsor
There is NO competent technical basis to be calling a major market "top" in the S&P. None.
... If I was already long, I would lighten up at 1370 ( last Fall's highs ), 1425, 1500, and short 1575.


March 22, 2012
MORE EXCELLENT ANALYSIS & INSIGHTFUL CHARTING RECORDED FOR POSTERITY.

March 21, 2012
bone
ET Sponsor
We are not in a 'rising wedge'.
There is no 'uptrend degradation'.
We are in a full blown bullish trend channel...
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Actually, I was never trying to "call" anything - my only real goal has been to illustrate how completely wrong and lacking your "technical analysis" skillset and interpretation truly is.

Turns out that you are a really, really good fade.
 
Quote from S2007S:

Yep BUBBLE ben bernanke saying today that he would be providing more necessary liquidity!

Investors addicted to the dribble that BUBBLE ben bernake speaks of, this is a pathetic market, only way to move it is with stimulus, talk about a sad, pathetic market place! Whew, Im just wondering when they will be able to take this market off all these trillions of dollars they are pumping into it, I want to see a real market, not a market thats pumped up with cheap liquidity. Enough of the games.
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NO!!

It's short covering. It has nothing to do with this. It's just short covering! Listen to grand. He knows why the markets are rallying and why they sell off.
 
Quote from GrandSupercycle:

AUDUSD short @ 1.0532
Anyone want to come with me ?
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When this rallies 100 ticks, we'll find out:

"This wasn't a trade. TROLLS who don't understand technical analysis won't understand this."
 
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