As i and others said a year to the present, this is not a recovery, but a cover up, with the blessing of the governments. It´s a Ponzi scheme ready to roll over and the accountability of some big companies are ENRON like, since mark-to-market story...
Today it started to show what we are saying for some time, this is all a scheme and the FED and others alike know whats going on... Take a look at this:
http://www.zerohedge.com/article/breaking-sec-charges-goldman-sachs-fraud-subprime-mortgages
And... before this cames to public, GS the one and only did this:
http://www.zerohedge.com/article/talk-pits-goldman-sold-1000-large-sps-earlier
They are beeing investigated for fraud, but not from market manipulation? ok...
Yesterday i placed some charts, where we could see exaustion, extreme overbought conditons, and Put/calls ratio of a bubble environment. Market will do whatever it wants to do, but always when the majority of people are on the wrong side of the market, and now it´s a awesome time for wave 3 starts, because only a few, very few believes in new lows.
That a look at some charts and let´s keep watching the rest of the story, that we all know what will be the end of it, that a look of what happened to Argentina and Russia, impossible to default, until they did...
Have a nice weekend.
Today it started to show what we are saying for some time, this is all a scheme and the FED and others alike know whats going on... Take a look at this:
http://www.zerohedge.com/article/breaking-sec-charges-goldman-sachs-fraud-subprime-mortgages
And... before this cames to public, GS the one and only did this:
http://www.zerohedge.com/article/talk-pits-goldman-sold-1000-large-sps-earlier
They are beeing investigated for fraud, but not from market manipulation? ok...
Yesterday i placed some charts, where we could see exaustion, extreme overbought conditons, and Put/calls ratio of a bubble environment. Market will do whatever it wants to do, but always when the majority of people are on the wrong side of the market, and now it´s a awesome time for wave 3 starts, because only a few, very few believes in new lows.
That a look at some charts and let´s keep watching the rest of the story, that we all know what will be the end of it, that a look of what happened to Argentina and Russia, impossible to default, until they did...
Have a nice weekend.