Are the RUMORS of "DEATH OF THE AMERICAN CONSUMER" Exegerated? Look at the BC stock for food for thought.
02:54ET,Please note, easier way to play OIL down move is to use GOLD-OIL trade. You could make money no matter where these two go for a while and make less compared to shorting the OIL outright, but you will sleep better
This REALSPX chart(below) was first published in MAY2007(2008 on the chart is a typo) , Thanks Dear D, for saving me from myself(:-
Dear Readers. The stealth move up of the indices this week, may indicate the follow up is almost guaranteed into next week or this could be the last "stealth" move market masters on this try. I have a feeling that we could go for a high around Tuesday or so. Meanwhile the swings are becoming a bit tired and a trading range may develop for an intermediate term, which when broken will indicate the direction, our anticipation is the down move after one or two more MDS cycles. Our call for Antidollars drop into the week and beginning of revival, looks very precise so far. It should be said that MDS is at it again, perhaps cementing another win, must note that it is would be a huge win in NAZ and not so impressive in SPX. Everybody have a nice weekend
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5568 5545 5507 5446 SPI 5681 5704 5741 5803
14259 14209 14128 13996 n225 14503 14553 14634 14766
04:11 ET, not crazy about this market, if you are still long anything, I would stop at breakeven. I am all for taking profits, but not for initiating shorts yet.
7049 7038 7020 6992 DAX 7102 7113 7131 7160
3746 3736 3720 3693 STOXX 3796 3806 3823 3849