Today I look at some overbought conditions both on the RSI and MACD, and explain the significance in these embedded environments as we hit some extremely strong necktie resistances between two huge trendlines. While the 38.2% are very close, and people expect us to hit it, I believe the first push lower of either a [...]
Peter Schiff on CNBC talking about the stock market rally 17 July 2009 Europac.tk or http for more Europac.tk or http for more Europac.tk or http for more Europac.tk or http for more Europac.tk or http for more Europac.tk or http for more
Economic Collapse is in full gear now as the stock market is showing signs of falling and the previous level of support of 8400 on the Dow Jones (DJIA) is now being used as Resistance from Wednesday’s action. Everything from the stock market seems very bearish and this would indicate a bigger decline coming very [...]
Smoke and mirrors explained by MOT
October 2008, The biggest crash of Dow history in number of points
Gerald Celente was right, Bob Chapman was right. Frank Barbera on Financial Sense 02/21/2009 Listen to Jim Puplava’s radio show : www.financialsense.com Dow and S&P will drop. Another wave of wealth destruction. Panic on Wall Street. TARP will not stimulate the economy. Technical confirmation of the dow theory, supported by Tim Wood Buy gold and [...]
Peter Schiff The Schiff Report Video Blog May 8 2009
First of all I want to go ahead and admit that I was wrong when I said that the market would go up early in the morning and then reverse in late trading to fall about 1-1.5%. That was my intuition but it obviously didn’t happen. The market continued to stay at very strong resistance [...]
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Is this bottom of the stock market crash? How much further can the dow jones, nasdaq, s and p go down? Is this the beginning of the end/bottom or just the beginning of something MUCH worst? There are those who’ve been telling you that it’s been the bottom…ever step down this seemingly endless black hole. [...]
