James48843
TSP Talk Royalty
- Reaction score
- 569
How about some good news for a change? That would be cool.
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How about some good news for a change? That would be cool.
I have a new post from stickan and it doesn't favor the bulls.
http://www.traders-talk.com/mb2/index.php?showtopic=118997
Hey CH,
The SS sure gave a timely sell signal and you got out at a great time.
Good job!![]()
Remember folks, there are two important virtues in trading...
1. Patience
and
2. Wisdom
Bless you and IYB's sentinels.Thanks!
It's always good to be on the right side....I'm at 9.95% for the year...I'm flying high! Maybe the yo-yo will rise up to meet last highs?It's nice to be on the right side of the trade this time, isn't it?![]()
It's always good to be on the right side....I'm at 9.95% for the year...I'm flying high! Maybe the yo-yo will rise up to meet last highs?![]()
Technicals are a mess right now. We penetrate the 50 DMA on the S&P and we're probably going lower. But given the SS sell, we should be going lower anyway (bounces notwithstanding).
http://www.bloomberg.com/apps/news?pid=20601039&sid=agl3LtsQ3YrA
All hail Keynes. That’s the message in President Barack Obama’s decision to nominate Janet Yellen, Peter Diamond, and Sarah Bloom Raskin to fill vacancies at the Federal Reserve. This trio makes sense only if you believe the philosophy of the most influential economist of the modern era, John Maynard Keynes.
What makes them odd choices is that the events of the past five years don’t make Keynes look good. Other schools of economic thought come to mind instead. One is the public choice school, which holds that Keynesianism uses crises as pretext to enlarge governments.
Recent history also validates Austrian economics. This camp asserts that government involvement in markets is inherently dangerous. Austrians were among the first to warn that the hybrid status of government sponsored enterprises like Fannie Mae and Freddie Mac could lead to disaster.