fundamental concepts are irrelevant to price, they always have been, and fundamentals have always snared traders and investors into the classic failure responses
all that matters is the psychology that drives price and those classic moves are reflected in ratios, harmonics, structure, support, resistance, trend lines
that 3rd bubble is a big picture concept as I noted, see description, however the ratios are present in converging areas which gives further strength to the probability
peoples incomes cant handle 87-100$ oil and the inflated food prices that come with it. You're already seeing it in China and they are planning to aggresively tighten which will probably take down their housing and who knows what else.
90 percent of market forecasts are projecting a world-end in 2011, 2012. I am glad to see that yours are different.:) have a nice day!
dgabor8 1 year ago
fundamental concepts are irrelevant to price, they always have been, and fundamentals have always snared traders and investors into the classic failure responses
all that matters is the psychology that drives price and those classic moves are reflected in ratios, harmonics, structure, support, resistance, trend lines
that 3rd bubble is a big picture concept as I noted, see description, however the ratios are present in converging areas which gives further strength to the probability
lambro39 1 year ago
peoples incomes cant handle 87-100$ oil and the inflated food prices that come with it. You're already seeing it in China and they are planning to aggresively tighten which will probably take down their housing and who knows what else.
dave997 1 year ago