right,so cuurently,how the fellow Europeans percieve thier currency and their stock markets?
F%$%k the currency,lets buy more shares?
Very true statement.
At this moment, each Central Bank is trying to outdo each other in lowering the currency.
Simply speaking, they want to sacrifice the currency in order to rescue the economy.
They know, they cannot have a strong currency AND a strong economy, both at the same time.
Faced with a huge number of domestic problems (employemnt, housing, stck market), they prefer to sacrifice the currency on the altar of a better economy.
Sounds foolish? Yes. It is totally foolish, but we are ruled by a bunch of fools who give in to various short term goals and sacrifice the most important value. After all, they want retire rich and write a book or two.
Just look a Greenspan. He precipitated this huge crisis and now he is basking in the glory.
can you Please explain me your triangle Eurgbp,,,in daily chart..
thanks...
Actually you can see it better on the weekly chart I provided. Waves 1,2,and 3 were all 3 wavers. Thats why Im looking for 4 to be a 3 waver as well. Justy was the one to put forth this count first...Im just following it. Wave 4 is an ABC so far but v of C looks to have not transpired yet.
EurGBP looks to be at an interesting juncture as well. According to this count, one more high is need to complete wave 4. If this count proves to be true, expect some major Pound selling in the very near term.
on your weekly chart,are you talking about a Leading diagonal? with 5th of A to be completed?
It is totally foolish, but we are ruled by a bunch of fools who give in to various short term goals and sacrifice the most important value. After all, they want retire rich and write a book or two.
Just look a Greenspan. He precipitated this huge crisis and now he is basking in the glory.
We the people are the fools for making it go on for this long not them.
And Greenspan did not only participate, his actions were the MAIN cause. May he rot in hell!
At this moment, each Central Bank is trying to outdo each other in lowering the currency.
Simply speaking, they want to sacrifice the currency in order to rescue the economy.
They know, they cannot have a strong currency AND a strong economy, both at the same time.
Faced with a huge number of domestic problems (employemnt, housing, stck market), they prefer to sacrifice the currency on the altar of a better economy.
Sounds foolish? Yes. It is totally foolish, but we are ruled by a bunch of fools who give in to various short term goals and sacrifice the most important value. After all, they want retire rich and write a book or two.
Just look a Greenspan. He precipitated this huge crisis and now he is basking in the glory.
Good,as you already meantioned; your statement is true when the currencies against Dollar fall AND the Markets(European markets,in this case) will keep rallying.
you sacrifiy your currency in sake of your economy(stock markets)...let's watch the FED to see if it confirms what you said...
SO the deal is : EURUSD will collapse today or in a couple of days and European stock markets(as FreeWeek believes) will rally to complete their C...
We the people are the fools for making it go on for this long not them.
And Greenspan did not only participate, his actions were the MAIN cause. May he rot in hell!
Wait wait wait.
Greenspan gets the blaim for the recession because he lowered th einterest rates and kept them low for a long time.
Bernanke is the hero of this recession by saving us from it because he lowered the interest rates even lower and kept them there for a long time. I am
Bottom line, nobody could have avoided this recession. The buyers just dried out.
Wait wait wait.
Greenspan gets the blaim for the recession because he lowered th einterest rates and kept them low for a long time.
Bernanke is the hero of this recession by saving us from it because he lowered the interest rates even lower and kept them there for a long time. I am
Bottom line, nobody could have avoided this recession. The buyers just dried out.
Yes...but if this crash would have happened in 2000 as it should have, it wouldnt be as HALF as bad as what were about to get. We were going to get a crash no matter what...Greenspan just made it alot worst thats all...He knew what the end result would be. We all fell for it...went on a drunkin binge...now its time to pay the piper.
3or C Can 261.8 (1.50270)? Level with double Impulsive >12345 :12345 The Grean C.. Can of 1.618 level of 1.4787? .
As you Said.. Time. ....
When My Time Come To Sleep .. then you Wake up For Trade...
You know Asia And USA time Different...
good,you say the EURUSD target is around 1.5027? you can go to sleep.you can post your charts with clear explanations and analysis so when you are awake then when we wake up.will look at it and reply to them if neccessary.
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Originally Posted by mike3gdc
right,so cuurently,how the fellow Europeans percieve thier currency and their stock markets?
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