The FED

[countryBoy641]

The Ruble is showing its strength ... in Russia. Where it is now in a closed-loop Putin controlled system, other than some trade done with China, India, Iran and such.

This is the Moscow Stock Exchange Index. Does this look like it has been showing its strength?
View attachment 296158

BTW the U.S. pumps (but also consumes) more oil than Russia.

I like the Russian chart better than the $SPX.
$SPX is displaying a huge negative Divergence,on the monthly chart.
Russian stock market is not.
This divergence is probably a reflection of debt levels.
The U.S. has national debt of nearly 140%, and Russia has national debt at less than 40%. Big difference.
Russia has national debt levels which are among the lowest in the Developed Countries.
I certainly have enough trading ideas that I do not have to consider getting long Russian Rubles.
But people who blindly talk about having Russia doing our bidding (or even force Russia to do anything we want) is probably foolhardy.
Quick look at the chart and Russia is probably more financially secure, at a high level, than the U.S.
In spite of gigantic tax rates in the U.S., the money is gone.

Yes, that is correct. That's what our undisciplined national government has done to us.
And nations hurling stones at Russia (Europeans) may wind up in a world of hurt if they don't change their tune.
Russians have a long memory, and don't mind hurting their enemies.

 

[SunTrader]

I like the Russian chart better than the $SPX.
$SPX is displaying a huge negative Divergence,on the monthly chart.
Russian stock market is not.
This divergence is probably a reflection of debt levels.
The U.S. has national debt of nearly 140%, and Russia has national debt at less than 40%. Big difference.
Russia has national debt levels which are among the lowest in the Developed Countries.
I certainly have enough trading ideas that I do not have to consider getting long Russian Rubles.
But people who blindly talk about having Russia doing our bidding (or even force Russia to do anything we want) is probably foolhardy.
Quick look at the chart and Russia is probably more financially secure, at a high level, than the U.S.
In spite of gigantic tax rates in the U.S., the money is gone.

Yes, that is correct. That's what our undisciplined national government has done to us.
And nations hurling stones at Russia (Europeans) may wind up in a world of hurt if they don't change their tune.
Russians have a long memory, and don't mind hurting their enemies

LOL when it comes to decide what to do with my own money .... I leave politics to the politicians. Not healthy for sanity or bank account.

And all I know is the one index that is down -54.05% is not $SPX hehe. Anyway here is a Spread Ratio Chart of the two $SPX/MOEX clearly rangebound but most of the time on $SPX side:-

Putin would welcome your an investment. Have at it.

 

[countryBoy641]

LOL !!!
When it comes to debt, there is a huge difference between
peacetime debt (we barely still have)
and
wartime debt.
Please try to think about the distinction before you reply again.
We are moving into very serious times.

 

[SunTrader]

LOL !!!
When it comes to debt, there is a huge difference between
peacetime debt (we barely still have)
and
wartime debt.
Please try to think about the distinction before you reply again.
We are moving into very serious times.

So exactly when did debt become an issue for you?

Was it @ $1 trillion, $10 trillion, $11, $12, $13, $14, $15, $16, $17, $18, $19 or $20 trillion?

I noticed you joined ET Oct 2020 - price of spot gold then was approximately $1900, today approximately $1700.

Hope you can still afford tinfoil, ammo and camo.

 

[countryBoy641]

Not exactly.
I first joined Elite Trader in 2006 (pretty sure)
But I have physically moved, sold primary residence, etc.
With local ISPs.
When people physically move, its important to move all accounts // passwords etc.
I haven't done that so well.
So, eventually I lost some accounts.
Now everything IS on *@.gmail.com
Rule of life: "DO THE BEST YOU CAN".
I finally signed up again for Elite Trader a few years ago (after the most recent move)

 

[countryBoy641]

I remember I couldn't use the Gomez Addams avatar.
Somebody else had that, back then.
Very parochial, no change, then and now.

 

[SunTrader]

Not exactly.
I first joined Elite Trader in 2006 (pretty sure)
But I have physically moved, sold primary residence, etc.
With local ISPs.
When people physically move, its important to move all accounts // passwords etc.
I haven't done that so well.
So, eventually I lost some accounts.
Now everything IS on *@.gmail.com
Rule of life: "DO THE BEST YOU CAN".
I finally signed up again for Elite Trader a few years ago (after the most recent move)

WTFack who told you that?

Screen names and passwords can be forever, if one wants them to, no matter how many times one moves. Do you somehow think your personal login information resides in your internet cable line, so that if you move the new resident can retrieve it lol.

 

[countryBoy641]

WTFack who told you that?

Screen names and passwords can be forever, if one wants them to, no matter how many times one moves. Do you somehow think your personal login information resides in your internet cable line, so that if you move the new resident can retrieve it lol.

No, no.
Part of account authentication, websites either verify emails or phone numbers.
( in the absence of persistent cookies).
Elite trader was trying to verify my email in a different state.
But I was already not able to get those mails.
service was discontinued by the move.
Recent move, I lost quite a few logons, including Facebook (no loss there.)
Selling and buying residences may not be hard.
But people who have NEVER done it should not comment on how easy is.

 

[SunTrader]

No, no.
Part of account authentication, websites either verify emails or phone numbers.
( in the absence of persistent cookies).
Elite trader was trying to verify my email in a different state.
But I was already not able to get those mails.
service was discontinued by the move.
Recent move, I lost quite a few logons, including Facebook (no loss there.)
Selling and buying residences may not be hard.
But people who have NEVER done it should not comment on how easy is.

Bull oney.

Moving has dick to do with it. Out of state or not.

But I can see nothing I say will make you believe.

You might be old in the tooth, but you are short in what's above that tooth.

 

[Overnight]

No, no.
Part of account authentication, websites either verify emails or phone numbers.
( in the absence of persistent cookies).
Elite trader was trying to verify my email in a different state.
But I was already not able to get those mails.
service was discontinued by the move.
Recent move, I lost quite a few logons, including Facebook (no loss there.)
Selling and buying residences may not be hard.
But people who have NEVER done it should not comment on how easy is.

So the lessons you learned are to always have your 2FA linked to a cell-phone number which you can take with you, and have a global e-mail addy like gmail, as opposed to some local-yokel ISP e-mail address.