Dear Readers, Here we are, citizens across this nation are turning the keys for their homes in and MoTown is more like a GhostTown and Bernanke says we must stay firm. Do you wonder why?... Wonder no more, look at the $Dollar. Look at our predictions on Currencies. Yes my Dear Readers, Fed is trying to defend the sick $Dollar. Good Luck and Good Trading.
4 comments:
You are so right Boris. Bernanke is trapped between the dollar, real estate, and inflation. Like to give a loud 'Waydago' to JD, Jim Taylor. He hit SPX low on the money at 1436!!!!
Dear Sqroot/JD, JD was absolutely perfect with that projection. Good Staff JD. Goood Trading
so today is the turning point you mentioned earlier ? 12 April.
Dear Dollarproaragon, we could be in the turning period, To be exact we said 12 April +-2 trading days. So, what do we do with this info. The same thing that we always do. We attempt to confirm the dates with the short term indicators and see it holds. The indicators include the daily limits published here and any others people use, MACD/RSI/STOCK etc. Good To hear from you, and Good Trading to you.
Just remember, nothing is cust in the stone in trading. Must keep intermediate and longer term picture in mind as well when trading short term.
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