I'm not basing this on price at all, I'm basing this on the 3C charts which of course are reflective of what price is experiencing in underlying trade and then the issue itself.
I'm going to post the Dow charts because talking about or reminding you of the "Thin shiny veneer overlaid on a surface of rot" is one thing, but seeing it again to refresh our minds is another so I'll get those charts out next unless something more pressing comes along.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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