Technical Analysis Broad Markets – Month Ending May/2009

9 Comments

1. dx11101
   Posted January 31, 2010 at 11:42 pm | Permalink

   If we were talking about a third world currency hyper inflation would have happened long ago. I think because of how deeply trenched in the dollar is abroad this is going to be a very long and drawn out process. Right now enough of the world wants our fiat dollars to give it real value, but that reputation hangs in the balance so to speak.

2. aarythmic
   Posted February 1, 2010 at 12:23 am | Permalink

   I concur. All the important indicators are going up at the same time; S&P, dollar, t-bills, gold/silver, oil, etc. With a few inconsequential exceptions, everything is going up in price. Typically, at least some of those indicators move inversely/contrary to each other. I believe we are seeing the leading edge of the inevitable results of the recent huge amount of monetary inflation perpetrated by the US gov and The Fed.

3. dbztiki
   Posted February 1, 2010 at 12:57 am | Permalink

   Whats your win or loss percentage for the year?

4. tietzr
   Posted February 1, 2010 at 1:26 am | Permalink

   I think the last 10 minutes on Friday was to show how this whole rally has been a fraud. The only reason why we have been floating higher is because of hyperinflation. There’s no fundamental reason. Friday was a head fake and I think, hope, that fundamentals take us lower. Otherwise, if we keep going higher, it shows how much the dollar will be worthless

5. P3coTrain
   Posted February 1, 2010 at 1:33 am | Permalink

   the markets are manipulated. derrek if you want a news letter from bob chapman i’ll send you them. very good information just pm me with your email address and i’ll send you everytime i get one!

   peace!

   Rod

6. cowboycarl04
   Posted February 1, 2010 at 2:02 am | Permalink

   monday will rally in the morning after GM bankruptcy announcement around 8pm SUnday night in the states.

   Then, we will have a very bad week. Just like fannie and freddie. Just like AIG. Some fake bogus rally, and then a huge collapse to follow the next week (i’m predicting -500 for the week for the dow).

7. loai050
   Posted February 1, 2010 at 2:51 am | Permalink

   You have a very calming voice and I enjoy your charts.Greetings from Saudi Arabia.

8. PayChkSlaveRebellion
   Posted February 1, 2010 at 3:02 am | Permalink

   Look back from 2007, the markets have consistently found it hard to penetrate and use the 200 day MA as support. i expect next week to show weakness, and a definate topping action.

9. slobomotion
   Posted February 1, 2010 at 3:17 am | Permalink

   Too long for me, but I’m tired. Best to you. I normally watch all of these. Greetings from France.