Shanghai breaking out to new highs
Started by
Russ
, Jul 30 2007 02:44 AM
3 replies to this topic
#1
Posted 30 July 2007 - 02:44 AM
"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#2
Posted 30 July 2007 - 03:00 AM
Mehico, India, Hang Seng, Nikkei, Kospi are all up. Someone, please tell them that the world is gripped with credit crises !
Edited by NAV, 30 July 2007 - 03:00 AM.
#3
Posted 30 July 2007 - 04:36 AM
The world is not in a credit crisis the US is. Borrow and Spend has come to an end.Mehico, India, Hang Seng, Nikkei, Kospi are all up. Someone, please tell them that the world is gripped with credit crises !
Now a bounce could take place in stocks but that does not detract from the dry up in liquidity.
This credit crisis is what is propelling the US dollar higher ie dollars now harder to come by.
The dollar was at the edge and one way or another it had to be saved.
#4
Posted 30 July 2007 - 05:57 AM
I just may have an extra 4,5 on here....and it's on its way to the 159 area without that next dip I have on here.
http://stockcharts.c...6258&r=2055.png
http://stockcharts.c...6258&r=2055.png