Howdy folks its been a while,
Wanted to come back and let all you good folks know that this is the top, the range that we are in is the top.
I've been conflicted in my self confidence of decision making when it comes to trading and has been a shock. Almost like I lost sight of who I thought I was, that hurt my ego.
We are not our ego though? We think we know...
in the past days , NASDAQ broke it's main trend , Nasdaq went down today after a failed attempt on the re-test of the all time high level and this could lead to the next 2022 Financial Crisis
It is absolutely the worst time to invest in US stocks as the tapering still not yet there.
IN OVERAL : NASDAQ bearish
China`s economic model is based on real estate investment to drive growth. 20 Mil apartment buildings per year.
China`s residential property is 20% of GDP every year. Too much!
Real estate activities in China close to 30% of GDP every year. Huge!
Chinese Government is Bashing the private sector, look at GOTU and BABA for example.
Evergrande, second largest...
LARGEST WEEKLY EURODOLLAR VOLUME IN RECORDED HISTORY!
LAST TIME THIS OCCURRED WAS LATE JULY 2007!
REPO MARKET ILLIQUIDITY/RISING EURODOLLAR CONTRACT INDICATES AN IMMINENT FINANCIAL CRISIS!
In this chart, I'm looking at the Euro and an inverted Euro chart, to help me determine if I have a bias when trading it. Seeing the bottom chart, I feel it is a long here, specially since we're breaking out above an inside trendline. You can refer to my analysis in related ideas.
I also see a short in the inverted chart, with Friday's action being quite decisive...
Always good to look back in time.
remember this :
Tiscali – Important Italian telecommunications company whose share price grew from €46 (IPO in November 1999) to €1,197 in four months. They fell to €40 afterwards in less than two months and have continued plummeting to well under 0.2 euro. [
Think Tools AG – One of the most extreme symptoms of the bubble in...
