How's That Recovery Comin? - Page 6

#**101** 06-08-2011, 03:06 PM

Quote:

Originally Posted by randallscott35

There are no jobs anyway so....

World War III for Global Government. Most won't survive.

jms62 · #**102** 06-08-2011, 03:59 PM

This New World Economy is Great. Middle class in India and China are expanding and the Top 1% in US is expanding. They have gamed the system and have put this country in checkmate.

Nasdaq 200 Day MA is 2623. I bet we see it in the next 2 days.

ateamstupid · #**103** 06-08-2011, 04:55 PM

Quote:

Originally Posted by jms62

This New World Economy is Great. Middle class in India and China are expanding and the Top 1% in US is expanding. They have gamed the system and have put this country in checkmate.

Nasdaq 200 Day MA is 2623. I bet we see it in the next 2 days.

You mean the job creators?

#**104** 06-08-2011, 04:59 PM

The same job creators that have some sense and won't add risk with a failed President?

Yeah. Those "job creators" aren't getting a bailout like the banks and dinosaur car companies.

otisotisotis · #**105** 06-08-2011, 05:07 PM

The only solution is class revolution! (i think i will TM that while we're at it)

randallscott35 · #**106** 06-10-2011, 11:17 AM

Starting to cascade it seems. Will be a very interesting summer in the world.

wiphan · #**107** 06-10-2011, 11:25 AM

Quote:

Originally Posted by jms62

This New World Economy is Great. Middle class in India and China are expanding and the Top 1% in US is expanding. They have gamed the system and have put this country in checkmate.

Nasdaq 200 Day MA is 2623. I bet we see it in the next 2 days.

What you saw was the Dead Cat Bounce, watch the market start to deteriorate....

jms62 · #**108** 06-10-2011, 11:29 AM

Quote:

Originally Posted by wiphan

What you saw was the Dead Cat Bounce, watch the market start to deteriorate....

I've been short via ETF's since Week of March 7 when Nasdaq Weekly MACD turned negative. Just getting my head above water the last 2 weeks... 200 Day average coming up shortly on both COMP and SPX, you usually see a bounce. Interesting to see how this afternoon will play out given that it is the summer.. If you see a recovery I'd be extremely worried as it is a setup.

randallscott35 · #**109** 06-10-2011, 11:30 AM

Quote:

Originally Posted by jms62

I've been short via ETF's since Week of March 7 when Nasdaq Weekly MACD turned negative. Just getting my head above water the last 2 weeks... 200 Day average coming up shortly on both COMP and SPX, you usually see a bounce. Interesting to see how this afternoon will play out given that it is the summer.. If you see a recovery I'd be extremely worried as it is a setup.

There never was a recovery. Asset prices driven up by funny money. 45 million on food stamps and getting worse daily.

jms62 · #**110** 06-10-2011, 11:33 AM

Quote:

Originally Posted by randallscott35

There never was a recovery. Asset prices driven up by funny money. 45 million on food stamps and getting worse daily.

Dude.... I'm talking technical Bounce off preceived MA Support not a recovery.. I certainly will not be a buyer of any bounce until Weekly trend turns around..

randallscott35 · #**111** 06-10-2011, 11:34 AM

Quote:

Originally Posted by jms62

Dude.... I'm talking technical Bounce off preceived MA Support not a recovery.. I certainly will not be a buyer of any bounce until Weekly trend turns around..

Got you...

jms62 · #**112** 06-10-2011, 11:38 AM

Quote:

Originally Posted by randallscott35

Got you...

And from what I am seeing it seems China Market is looking like a big ponzi scam. Racked by crooked accounting... They may be in for a world of hurt as they were considered a safe haven.. Many brokerages have put a policy of no margin trading on their stocks trading here.