I'm still counting on the end of correction in the Euro. Looking at the weekly chart one may find significant lines coming between 1.1050 (the strongest one in my opinion, that's why it posed a resistance on Wednesday) down to 1.0950. Dropping to lower timeframes enables to see the heart of this level is just below 1.1000. We will see tomorrow.

Okay, that's a nice move into the cash close.

Die, pig, die!

did you say crash close? :o)

Originally posted by jimkane

Okay, that's a nice move into the cash close.

Well, that was fun, but I've had it. See ya all Sunday night. I wonder what 'news' will come out by then to pop this up?

I think this is a great little article showing the reality of what is going on. Although the Chapwood index is a lot, lot better than the CPI, my work shows the inflation rate for the middle class is closer to 20%. Still, when you see what happens to the GDP (which is a horrifically poor calculation to quantify the productive capacity of the nation) when the inflation figures are more accurate, well, it's obvious that 1) this is why everyone I know is struggling to barely stay in their homes and put food on the table, and 2) why bonds are so grossly mispriced it's just nuts. Factor all this in and see how much stocks are overpriced, but that's for another discussion...

http://www.zerohedge.com/news/2015-05-29/inaccurate-statistics-and-threat-bonds

That's cute. Very cute.

Originally posted by rat89

did you say crash close? :o)

Originally posted by jimkane

Okay, that's a nice move into the cash close.