Sounds like the same thing, but by this I mean....... the difference is that the market is driven by fear and greed, while the economy is driven by fundamentals. So:
* The equity markets are still in a negative trend.
* Crude oil is still in a negative trend.
* Gold is in an erratic upward trend.
* The dollar is also in an erratic upward trend.
All of these markets are still in entrenched trends and I see no reason to suggest that they will be reversing anytime soon.
I have just made a short video on crude oil (NYMEX:CL) Link is below , charts are in the video .....I recently received a trading signal in this market which I think is an important one.
The silly season is rapidly coming to a close. I expect that the volume and liquidity to return to the markets by the 15th of January.
Thanks,
Adam Hewison
Video
Trading the market and not the economy
Started by
Adam
, Jan 09 2009 10:40 AM
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