أشرف العايدي على سي ان بي سي عربية -- 29 نوفمبر2012

Nov 29, 2012 14:59

Three decent US figures; US Q3 GDP was revised up to 2.7% from 2.0%, Jobless Claims fell to 393K from 416K; and Oct pending home sales rose 5.2% vs exp 1.0%. The US economy is succeeding to reduce the imbalances in its budget deficit, trade deficits, unemployment and housing sector. Markets shrug the disappointment of the downward revision in US personal consumption. As for the Fiscal Cliff, Republicans are now willing to consider raising taxes on the top wealthiest 2%. In fact, even Warren Buffet and PIMCO are for tax hikes. Wat does this say about pilicy?

Latest IMT - Apr 09

Capturing 2000 points & 4840

On March 30th, I sent an IMT (see here) highlighting how we called the bottom in Nasdaq at 22780, with a video demonstration shown here . On Monday, we issued a bullish post on Nasdaq, calling for a rally extension to 24,440 at the meeting point of the 200-DMA. This is what we call 2000 points highlighted to out WhatsApp Bdcst Group members. We ignored the insults-ridden messages of Trump, we disregarded his threats to "destroy civilisation" and stayed Long Gold and Long Nasdaq until 4840 and 24,440. 4840, you may recall is a near make-or break level for Wave 4. So, You have two choices: Chase Trump and the news on every release, or stick to a set of fundamental and technical framework. Here is one message sent on Monday before going on holiday.

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Latest Hot-Chart - Mar 30

Patterns on Fridays & Mondays Since the start of the war on Iran, the pattern of falling Fridays in US equity indices has become obvious. Will the pattern ends this week. View Hot-Chart..

Intermarket Analytics

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Chart

21-yr Intermarket Charts - 7 indices 11 currencies 14 commodities Interactive charting by instrument, chronological and alphabetical order. This enables organizing each individual commodity, currency or equity index' performance by magnitude or chronological order. View..