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99er wrote:Food For Thought
Steen Jakobsen, chief economist for Saxo Bank in Denmark, has some very interesting thoughts to share on the sovereign debt crisis in Europe. His six major points are:
More austerity cannot possibly work.
Voters have lost the faith and willingness needed to repair the current EU and Eurozone construct
Credit and debt cycle is busted. Irving Fisher's Debt-Deflation Model is in progress.
The end-game is near for Europe. Prepare for a meeting of the cardinals
Nicolas Sarkozy is falling apart and likely to lose to Marine Le Pen in the first round of French elections
The "Hope Trade" in equities is in Extreme Overvaluation. Be nimble and cash-rich now to be able to take advantage of deep discounts coming up later.
http://globaleconomicanalysis.blogspot. ... etary.html
Green Prince wrote:TZA gaining traction [long term]
2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png
15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png
30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png
60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png
Cobra wrote:fib 38.2% retracement.
Green Prince wrote:TZA gaining traction [long term]
2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png
15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png
30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png
60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png
DRL wrote:Green Prince wrote:TZA gaining traction [long term]
2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png
15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png
30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png
60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png
GP,
What is the make up of your blue line? Just trying to understand how to interpret. Thanks
TraderGirl wrote:Green Prince wrote:TZA gaining traction [long term]
2min http://4.bp.blogspot.com/-UDEnIGkriYA/T ... 00/t+2.png
15 min http://3.bp.blogspot.com/-i0AuAYclZPg/T ... 00/t+3.png
30 min http://1.bp.blogspot.com/-4qGzAmWG48o/T ... 00/t+4.png
60min http://3.bp.blogspot.com/-zlnq-rGCOFo/T ... 00/t+5.png
Nice Charts, looks like it's trading in a triangle waiting for a higher low on the 60 minute...
waverider wrote:lol, come on in investors, the waters fine!
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