Thursday, February 10, 2011

Charts for Wednesday

Its and interesting time.   It sure "feels" like a big drop is coming, and for me those are the worst times to place large bets.    At least the last few years...everytime it looked perfect....the market took off upward with a vengeance.   

I put alot of that on the "Numerati", keep in mind after someone copied Goldmans trading software they bellyached that some could do big damage to markets with that software...yeah right and with $4T of client money to push around to manipulate things, I am sure that can be done.   It is really obvious when you look at those simple facts.  

To the charts.   Please look at them, they tell a story.  
The Euro chart is screaming SHORT!

I looked at maybe 80 charts, these are the best.

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Insightful and Useful Comment!