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S&P 500
5,577.61
(
0.09%
)
US TECH 100
19,904.00
(
0.05%
)
Dow Jones
39,259.74
(
-0.22%
)
Brent Oil
84.51
(
-1.07%
)
Bitcoin
57,849.19
(
2.02%
)
Post# of 51809
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techcharter

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techcharter

Re: None

Friday, 02/18/2005 4:43:20 PM

Friday, February 18, 2005 4:43:20 PM

Post# of 51809
FRE crash in progress.

Today's price drop below the 1 month low indicates either b of wave 2 has completed, or wave 3 is in full force. A FRE or FNM crash could cause mass bank failure, both equity shorts AND longs would lose if no one can withdraw money from accounts. Gold speculators will fair better as long as they have the physical metal in their possesion. Realestate will become instantly illiquid, but if paid in full, will be of functional value.

FNM set fresh 52 week lows. This in itself is a bad sign.

http://stockcharts.com/def/servlet/SC.web?c=fre,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La12...
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