Posts by "subway90"

i think it would be a different ballgame and not the usual outcome as it did before...

whenever there was a slowdown/downturn/crisis .... money flocked to US treasuries for safety... but things have changed recently and i'm not sure if this will be the case...

let's simply think of of countries as households....

US has enjoyed being the superpower creating the most output.... the biggest household... and it was a normal thing that money would flock to that household whenever things didn't look good....

because of ill handling of this fund and spending recklessly for too long...(how long have they've been having an account deficit?) i'm not sure if people will be convinced and tolerate any longer this kind of behavior by the US gov't....

US and Japan are two totally different nation and their behavior also very different... as much as there was no growth in japan for so long... they have spent their money wisely... so no point in comparing the two countries and the probable outcome...

simply think of income and expense.... no doubt that US makes the most income... but if they always spend more than they make... i'm not sure if that's a good place to invest....

to become rich and successful is not to make more.... but spend less than what you make...
a household or an individual will never be successful if his expenses are always more than his income....

stopped.... :)

my 6565 shorts didn't get triggered.... could see continuation down to 6400 area as long as below 6555... above 6555... see it moving above yesterday's high...

DOW will likely see continued loss down to 10300/400 level.... may see some technical bounce from that area but as long as it trades below 11500.... will see more selling pressure.. and if it falls below 103300 level... things will really turn negative.....
not looking good atm... we may have seen the top and headed for double dip.... :(

above 4377 could see recovery back to 4450/60.... continuation down would target 4280 then possibly 4250...

first support @ 4238... if broken could pullback to next strong support @ 4200 area... only 8 hour close below 4200 could trigger bigger pullback to 4150 area...