Sunday, January 22, 2012 9:12:05 AM
one deviation and EMA3
Note one standard deviation...3EMA and price at the one deviation...choice of other technical indicators...Daily charts below...
And an awareness...Appears our S&P 500 takes its cue from Germany...
From ZeroHedge Jan 17th...
And Germany isn’t going to simply prop up the EU out of the goodness of its heart. As I mentioned before, Germany has its own domestic issues to deal with. And when push comes to shove, Germany will look after its own interests rather than Greece’s or Italy’s.
With that in mind I believe it’s only a matter of time before Germany walks out of the EU. When this happens the Euro will collapse a minimum of 20-30% and we will see numerous sovereign defaults.
When the smoke clears the EU in its current form will be broken and we will have passed through a Crisis far worse than 2008.
Note one standard deviation...3EMA and price at the one deviation...choice of other technical indicators...Daily charts below...
And an awareness...Appears our S&P 500 takes its cue from Germany...
From ZeroHedge Jan 17th...
And Germany isn’t going to simply prop up the EU out of the goodness of its heart. As I mentioned before, Germany has its own domestic issues to deal with. And when push comes to shove, Germany will look after its own interests rather than Greece’s or Italy’s.
With that in mind I believe it’s only a matter of time before Germany walks out of the EU. When this happens the Euro will collapse a minimum of 20-30% and we will see numerous sovereign defaults.
When the smoke clears the EU in its current form will be broken and we will have passed through a Crisis far worse than 2008.
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