Rebel Traders - Stock Market and Economic Analysis
Providing Stock Market Analysis and Economic Commentary without the Hype
Note: The long term projections for the U.S. market remains solidly bearish.
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{ 5 comments }
Thanks Chunk, your TA style is like playing chess with the market, i enjoy it very much!
I have visited your site daily for several months now and have thoroughly enjoyed your views. I must say that I MUCH prefer your writing then your videos.
A weak bear rally and the possibility for disastorious overnight news from Europe makes it hard to hold a contract overnight.
The one thing that Volker said was that he believes we should come out of this if Europe does not break down. I just wish I had more details about his viewpoint because clearly they are starting to errode. At what point will the errosion in Europe start to break the camels back here?
Thanks for the video Chuck.
http://www.nytimes.com/2009/02/24/business/worldbusiness/24euro.html?ref=business
“As the downturn worsens across the Continent, Mr. Rogoff explained, risk aversion can quickly spread to other parts of the world. Some investors hurt by plunging markets in Europe are having to sell American assets to raise money, adding pressure to a United States stock market already weakened by fears of nationalization.”
Big Guy — I would like to do more writing also, but the events have been unfolding so fast that writing all I need to say would take me a very long time.
I will find a balance between writing and presenting information in the videos.
Chuck – thanks for another great analysis. I too like your writing, but for me the videos are the highlight. So much insight coming for free is very much appreciated.
All the best from Europe – where, despite what people across the pond might think, the sun did in fact rise this morning. Life goes on.