- HighRev 26 minutes agoMy signal system generated daily buy signals on the rest of Europe today. ( http://danericselliottwaves.bl... )
Tokyo y Bombay also went on buys. With the rest of the US indices that I didn't already have on daily buys going on buys yesterday ( http://danericselliottwaves.bl... ) that leaves just Hong Kong and the All Ordinaries, and they are on incipient buys.
As I mentioned yesterday, a trader's also got to be keeping an eye on those weekly charts now since a Friday close at current levels or above would trigger weekly buys as well.
That's what I've got to share with normal folks without agendas who are just trying to trade shifting markets - which is to say everyone who isn't a "fact-bending, fear-mongering opportunist", as Felix Salmon of Reuters referred to Dan Ivandjiiski in this very interesting article. http://nymag.com/guides/money/... (Don't know what I'm talking about? Read it. I'm confident you'll be glad you did. As well as being good reading, it's also quite informative.)2 people liked this. - What a kook that guy is -- believing that alumni of Goldman Sachs have formed a powerful cabal at the helm of U.S. policy, and that the Treasury and the Federal Reserve are colluding to preserve the status quo. That's some crazy shit. Hoo boy.3 people liked this.
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This also from the Brinkley lady, I believe she actually makes money in this market dance.
- GreekGod 2 hours agoAs a long term investor I have taken my portfolio down to 15% equities; 85% cash & bonds.
I will bring it up to 50% equities after the 2012 elections are over.1 person liked this. - You run considerable risk of missing a big bull run in the interim. I'm afraid I don't understand the logic of making declarations of long-term strategies in fluid (and volatile) markets. If these bullish bases complete, this market will be off and running. I'm sure you're familiar with the saying, "markets climb a wall of worry" -- they may often run up into an anxiously anticipated event. If you are looking for synchronization between market action and geopolitical and/or economic conditions, you'll be looking a real long time. ; )11 people liked this.
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Insightful and Useful Comment!