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Re: stkjunky post# 122439

Monday, 09/23/2013 10:30:08 AM

Monday, September 23, 2013 10:30:08 AM

Post# of 140146
GM stkjunky……..when the fed began to bouy the markets with taxpayer dollars through QE I lost all trust in charting technicals and intentionally stayed out of the securities markets for the next couple of years. I didn't know what to expect so I was unable to trust the technicals or how the OTCBB and pink sheets price action would behave with the government manipulating the individual stocks and market as a whole. Then during the months to come, I found myself having to put my trading account funds toward paying off personal debt. Seems I was the only one that was really spooked by QE since the markets did return to prior highs and more. Also seems to me that all this national debt (thanks to QE) has to catch up to us at some point and the fed has shot it's sole and single silver bullet now since the middle class really isn't any better able to handle another 2008 then it was then. Pennies has posted wave counts on the S&P that give concerns of another 2008 approaching. What will they (the fed) do then eh?

I plan on funding a securities trade account here before too many weeks pass by and will begin trading the pinks again at least until we return to 2008 market behavior. I'll likely also trade fx at the same time with what I currently have in my account. Though it's off topic for this board, I may shoot some tickers to you and vice versa if you don't mind. May not be till after the new years begins but that's the plan.

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