China to cut growth target to 7% and here we are at 2-3%. What's wrong with this picture? The only reason we can't grow at 5-6% is because are politicians are only worried about 1 thing, elections and bashing each other. We need to go back to part-time congress, we don't need these people sending all their time thinking up new dumb laws, and campaigning. Only looking for ways to BUY votes.
1340 matters as much as your 1356 breakout. a whole 1.3% breakout.
of course 1356 meant nothing and neither does 1340.
well maybe something. gives the sheep something to latch onto.
you do realize everyone is trading basically the same charts with the same lines and the big money is well aware....
i guess what im saying is, charts are used to fool the retards like you to ignore all the other signs.
I don't know what I'm in favor of, frankly. I don't think any one economic or political system has ever stood the test of time, has it? ... at least with us fallible humans running the show anyway.
My point of view comes from the belief that each human being is 'broken' in some or many ways, and that when you have broken people running any system, it will ultimately end up broken. All of us are subject to our own greed and fear, and also subject to influence of the greed and fear of others. We can't help it -- it's our nature.
So IMO, you can't blame "the 1%" or Bernanke or Trichet or Greece or slavery or Republicans or Hitler or prohibition or whatever you want to find blame in. You have to blame yourself first, since that's the only thing you can change. Once you are fixed and operating well, let the rest of us in on the secret. ;-)