12.18.11 Weekend Edition
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another thing that could fix the divergence would be for projected earnings to tank. that would seem possible given the macro conditions.
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@mavreas Thanks, friend.
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@ibislee It's always great getting comments from you. Thanks.
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@mrbeanbag Thanks, Mr. Bean Bag...it's good to hear from you again. Your thoughts on the matter are quite relevant.
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Nice well-rounded analysis. I watched it three times! So we are going to get a coiled spring breakout pretty soon, that I can see is on the cards, what worries me is that once the breakout occurs we get a sudden reversal and they call it a bull/bear trap or an abandoned baby or something similar. Is there any reliable way to discern a genuine breakout from a false one before it proves to be either? Cheers.
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Great analysis. Vix is low it's time to go.
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This is your best video ever!!! Thank you!!!
MerlinD1968 2 months ago
@MerlinD1968 Wow! That's quite a compliment! Thank you! I love it when you comment.
FreeTradingVideos 2 months ago
The case for a market dominated by weak hands has been well-established for many, many months now. Risk of an extended period tripping circuit breakers has never been higher, and could come to bear even as soon as Monday. E/P is rightly suspected irrelevant with still astronomic leverage ever more threatening to implode. Gold could have another [parabolic] August moment in the build-up to an increasingly likely financial convulsion (Europe), yet this might cap its advance since 2002.
MrTGolden 2 months ago
@MrTGolden Insightful post; impressive too. What is your background? Side note: In 2008 commodities dove hard just before the market crash.
FreeTradingVideos 2 months ago
Des, I watch your pre market and post market videos EVERY DAY!
And believe me this is the BEST Weekend Video You have ever posted
bkeay100 2 months ago
@bkeay100 So glad that you do.
FreeTradingVideos 2 months ago