Replies to post #312799 on SPDR S&P 500 (SPY)

[Wishthiswasmyjob]

I believe it was
666 on the SPX back a dozen years ago.

And here I still see a H&S, which measures down to sub 150.
When we take a look at the longer term, the negative divergence really stands out.

SPY

I'm just not sure how the Fed, central banks, and governments think they can solve it...

We're already printing out of control, and that's why Gold is ignoring everything.
Monstrous printing should have ugly effects, eventually, bringing inflation.
Solid employment stats take so long to develop, the boomers are entering their costliest years.

401k's, pensions, annuities have been fueling the markets for decades, now those main contributors, those born in the 1950's and 60's, are retiring, so that rising tide is receding...
That used to be a concern, but now those in control find it so easy to throw around a trillion, it boggles the mind...

The consumer is 60+% of GDP... How much confidence is there now?
Will unemployment benefits run out for 15% of the nation in October?

[spartex]

March 2009