Stocks in serious trouble
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This constitues another dismal falure of the Keynesian approach.
Borrow and spend on useless make-work projects. My brother-who lives in Lousisana-works as an electrical engineer. His firm recently won a bid to retrofit a previously shuttered refinery for
a firm called Dynamic Fuels LLC-a wholley owned subsideray of Tyson Foods. The goal of the retrofit was to see if Chicken renderings could be refined into biofuel. After completion of the
plant one barrel of biodiesel-55 gallons- was produced. This great achievement earned Don Tyson-the chicken magnet- upwards of $200,000,000 in stimulus funds from the great Investment recovery act of 2008. Of course the cost of the
effort was a fraction of the payout to Tyson foods=easy money.
AS of this date Charleys chicken Farm- as it was come to be known-is shuttered. It has no commercial value.
Borrow and spend on useless make-work projects. My brother-who lives in Lousisana-works as an electrical engineer. His firm recently won a bid to retrofit a previously shuttered refinery for
a firm called Dynamic Fuels LLC-a wholley owned subsideray of Tyson Foods. The goal of the retrofit was to see if Chicken renderings could be refined into biofuel. After completion of the
plant one barrel of biodiesel-55 gallons- was produced. This great achievement earned Don Tyson-the chicken magnet- upwards of $200,000,000 in stimulus funds from the great Investment recovery act of 2008. Of course the cost of the
effort was a fraction of the payout to Tyson foods=easy money.
AS of this date Charleys chicken Farm- as it was come to be known-is shuttered. It has no commercial value.
Posted this as a thread-97 views and not a single reply-the true value of ET 
http://www.elitetrader.com/vb/showthread.php?s=&threadid=203125
and this before the big massacre
http://www.elitetrader.com/vb/showthread.php?s=&postid=2822735#post2822735
http://www.elitetrader.com/vb/showthread.php?s=&threadid=203125
and this before the big massacre
http://www.elitetrader.com/vb/showthread.php?s=&postid=2822735#post2822735
Your statements are probably too vague, and your charts too generic to stir a discussion. I guess you're saying that SPY's in a couple of days retrace, after which its up trend will resume (as in "previous chart-if history repeats itself") ? I doubt it ...Quote from GG1972:
Posted this as a thread-97 views and not a single reply-the true value of ET
http://www.elitetrader.com/vb/showthread.php?s=&threadid=203125
and this before the big massacre
http://www.elitetrader.com/vb/showthread.php?s=&postid=2822735#post2822735
