tag:blogger.com,1999:blog-947237681666122369.post4538976812922259891..comments2024-03-25T08:04:19.119-10:00Comments on Pretzel Logic's Market Charts and Analysis: Long Term Market Outlooks for Fed Doublespeak FridayPretzelLogichttp://www.blogger.com/profile/11613859771824863784noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-947237681666122369.post-30401462901291826592012-09-03T13:44:29.851-10:002012-09-03T13:44:29.851-10:00"There was no surprise from the Bernanke stat..."There was no surprise from the Bernanke statement other than basically he can justify more <br />easing if he wants to. He has admitted that the recovery has effectively faltered... Unemployment is in a bullish mode and the <br />rising pressure on tax collection worldwide is causing a decline in VELOCITY warning that capital <br />is more likely to go into hiding. With taxes in the USA jumping from 15% to about 45% in <br />January, this will take a lot more than QE3-6 to do anything. Even Keynes argued that to <br />stimulate you needed to lower taxes. Everyone is raising taxes precisely when they should not <br />be doing so, But governments are desperate to keep interest rates down. Inflation tracks <br />interest rates. When they start to rise, then the recovery will begin and inflation will at last <br />emerge. If government stupidly continues to buy back bonds, sell them to them. Take the <br />cash NOW! The next leg will be when they start to chase money and it runs away and then <br />rates will rise rapidly." http://www.martinarmstrong.org/files/Jackson%20Hole%2008-31-2012.pdf<br /><br />Treasuries overbought (stochastics, Bollinger Bands) with clear negative divergence (RSI)david christophhttp://twitter.com/dchrist81noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-9733106430465730732012-08-31T16:49:28.633-10:002012-08-31T16:49:28.633-10:00Thanks, AR. :)Thanks, AR. :)Pretzel Logichttp://www.PretzelCharts.com/noreply@blogger.comtag:blogger.com,1999:blog-947237681666122369.post-26071641443337981482012-08-31T03:21:32.222-10:002012-08-31T03:21:32.222-10:00Long paint!
Thanks PL. That flow chart is outsta...Long paint!<br /><br />Thanks PL. That flow chart is outstanding. I wonder if you'd be interested in doing a stand-up comedy routine with me some day? I think you've got the potential to not only survive but 'thrive' in the whacky world of bizarre humor that I live in half the time. Have a great weekend partner and don't forget who's on your side in that other topic that has your focus... EVERYBODY.Albertarockshttp://albertarocks-ta-discussions.blogspot.com/noreply@blogger.com