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The Science of Getting Rich: CHAPTER VII [excerpt] by Wallace D. Wattles #Gratitude

--- Gratitude THE ILLUSTRATIONS GIVEN IN THE LAST CHAPTER will have conveyed to the reader the fact that the first step toward getting ...

Thursday, February 3, 2011

Nice pop on $BIG this morning #chart

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Wednesday, February 2, 2011

#Tunnel break on m5 $GBPUSD

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Retesting tunnel right now..

Recall the tunnel is constructed from a 144 & 169 EMA The white line is a 13 EMA filter
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Greg

Tuesday, February 1, 2011

Messy Chart IMHO $AUDJPY Daily

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But definitely still trending higher?
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What If We DO get #Inflation?

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I'm already hearing talk of how companies are being "forced" to raise prices because their "input costs" are going up.

It seems we are told by the Federal Reserve Bank that the economy needs more inflation. That the Federal Reserve Bank is "mandated" to increase our inflation rate.

Millions of Americans have lost their jobs. As a direct result millions of Americans have been removed from their homes and put on the street by banks through foreclosures. Perhaps the banks are "mandated" to foreclose..

Millions more Americans are precariously balanced on the knife's edge right now..

Even those who have been frugal and saved to have a bit of interest income have been confronted with extremely low interest rates since 2001.

Many people have been out of work for 2 years or more now.. Even if they had a nest egg it's likely gone. Their job skills eroding in a buyers market in labor..

And this is "saving our economy"?

Inflation may push them right off the cliff.. And there are no bailouts for 99'ers, only banks and "important" corporations. AIG, GM, Chrysler, Freddie / Fannie..

We could end up just like Egypt and for the same reasons..

Will our own government promise right now?

Not to use military force to put down open dissent?

That they will not shut down the internet?

That they will agree to peacefully "step aside"?

Thanks uncle Ben (Bernanke)

Greg

Sedition

The term sedition in its modern meaning first appeared in the Elizabethan Era (c. 1590) as the "notion of inciting by words or writings disaffection towards the state or constituted authority". "Sedition complements treason and martial law: while treason controls primarily the privileged, ecclesiastical opponents, priests, and Jesuits, as well as certain commoners; and martial law frightens commoners, sedition frightens intellectuals."

34 year quarterly DOW chart Head & shoulders forming?

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I'm sorry but I love this chart lol Looks like the DOW is in a position to form the right shoulder of this head & shoulders formation right now.. Do we get that or do we get a double top at 14,000? Or do we get a new high at 36,000 LMAO You'll have to ask the central banks what their evil plans are to find out I guess because I don't have a f'ing clue..

The chart below runs from 1977 to the present and candles are quarterly. As a result the blue line is a 13 quarter EMA, or about a 4 year EMA..
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Greg

#Trade $EURAUD long update - m30

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Greg

#Trade progress $EURAUD long w/ #entry & #targets

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As most of you likely know I'm currently working with a "tunnel" formed by 144 and 169 EMAs with a 13 EMA filter as seen in the chart
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