Posted on 05/19/2010 7:24:35 AM PDT by Red Badger
It wouldn’t take much to panic this herd about now...
I believe today's rise e.g. in Euro vs USD is an inflection, a short-term counter-rally. Conceivably fallout from Germany's naked short law: I'm not competent to judge.
However the trend in (for instance) Euro vs USD in one of those trends you can 'see across the room'. Those are the trends we can take to the bank, and which dollar-shorters watch with great fear. Gold, Silver and the resource-backed CAD rise month on month against USD: other currencies tend to fall.
As far as I can tell, inflection points on a downtrend trend are the time to divest. Perhaps because you can more easily find buyers and a better price.
As predicted on another thread yesterday... Then shortly a vacuum is formed and the euro implodes....
I think more people are realizing that something is up, but it doesn't seem like the majority are talking about it. I've pretty much given up posting economic type news on my FB page. I usually got no comments on what I was posting. At least with my "friend" base, people didn't seem interested.
Ocular "Sight"
Cult "Hidden"
Great image! Taken at a meeting of the Federal Reserve Board?
Who knew Bernanke had such buff guns,eh? I wonder if he’s on roids? Is there a piss test for FedBank Gov’s?
>>Taken at a meeting of the Federal Reserve Board?
Heh. Yep, circa 1000BC+-
Volume still strong... May see over 50% of daily within the hour...
That has got to win “most apposite picture of the month award”. Especially in juxtaposition with the pyramids from ‘Apocalytpo’
Snowballing??? -151.50
Fell off?...or was defenestrated?.............
The short ban by Germany may be only a temporary respite for the Euro that could resume its dive in the near future...
It is the very fact of the intervention. Like them or not, there is no limit to government intervention in private contracts. Naked shorts are not the cause of governments problems, but the signs of government’s economic and trust health. The market is saying we don’t trust you, and they are right.
Someone needs to PhotoShop that with Michelle’s face on “mama” and Obama’s face on the girl who looks frightened to death.
-162.79
Vol / Avg. 100.21M/200.42M
Does this elevator have a basement stop?.....................
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