tag:blogger.com,1999:blog-1390332969136161956.post4948025611174019718..comments2023-07-02T06:55:31.510-07:00Comments on Animal Spirit Forecasts: 6/15 10:25Steve Koteleshttp://www.blogger.com/profile/07995142353788940838noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-1390332969136161956.post-84075382221833720662011-06-15T12:46:57.466-07:002011-06-15T12:46:57.466-07:00I'm anxious to find out myself. 8pm EDT.I'm anxious to find out myself. 8pm EDT.SteveKotelesnoreply@blogger.comtag:blogger.com,1999:blog-1390332969136161956.post-15798715169198899782011-06-15T12:02:06.098-07:002011-06-15T12:02:06.098-07:00What is the technical composite after today's ...What is the technical composite after today's bludgeoning you think Steve?The Hookhttps://www.blogger.com/profile/09663409569521261853noreply@blogger.comtag:blogger.com,1999:blog-1390332969136161956.post-7278974844172983362011-06-15T09:15:00.834-07:002011-06-15T09:15:00.834-07:00Looks like DX has broken out and closed (hourly) a...Looks like DX has broken out and closed (hourly) above your critical MA envelope.<br /><br />5 min DJX is very near its lower env boundary, 15 min SPX and 30 in /ES are BELOW their lower envs, and 10 min /YM is right at its lower env.<br /><br />So how do you play this? Nothing to do as long as price rides these lower env boundaries (assuming you're already short)?<br /><br />Will you go long DX on a pullback? If so, will you use Fib retracements or look for it to pullback to the MA?<br /><br />Thanks!pimaCanyonhttps://www.blogger.com/profile/09477196225992507658noreply@blogger.comtag:blogger.com,1999:blog-1390332969136161956.post-32101943322505862372011-06-15T09:03:39.718-07:002011-06-15T09:03:39.718-07:00Looks like Mr. Market has answered your question a...Looks like Mr. Market has answered your question about whether we'll go up or down from here. The problem of the CDS's on sovereign european bonds sold by US and other banks all over the world is morphing into a worse problem than the recent US real estate crash. They seem intent on proving that they are NOT too big to fail.CJnoreply@blogger.comtag:blogger.com,1999:blog-1390332969136161956.post-56874874517250035672011-06-15T08:15:35.814-07:002011-06-15T08:15:35.814-07:00Nice post, Steve.
You wrote "However, the fi...Nice post, Steve.<br /><br />You wrote "However, the financial system that it created was increasingly dominated by government and the capital of many generation was gradually depleted. " I would say it's become the other way around. That is, the government is increasingly dominated by (completely controlled by!) the financial corporations.<br /><br />Regarding the GSC, last time I looked at EWI's GSC I though that they had the 3rd wave of the GSC topping out at the year 2000 highs, and we're now in a big 4th wave with a 5th to follow. But your discussion here has the 5th wave of the GSC completing at the year 2000 highs, right?pimaCanyonhttps://www.blogger.com/profile/09477196225992507658noreply@blogger.com