Replies to post #170125 on SwingTrade Member Forum (SWING)

[THE_YAK]

Major car dealerships are already going BK, nobody is paying their quotes, and nobody is getting newer ones. No one is paying their bills on time and people REALLY do not give a fuck about their credit RIGHT NOW.

Anything goes, gov ran out or tricks...stimulus, bailout, rate cuts...now ?

[Emptyhead]

Wake up folks! The only way out of this mess is hyper inflation! It is coming. I guarantee it!!

[Rawnoc]

Yup, then if 4000 doesn't hold the TA guys say next support is Dow 2000, but there's a gap at Dow 1200 I'm concerned about which can then act as resistence with the next supoort not coming until Dow 650.

Which might not be so bad, but then the 200 year moving average would the 100 year and form an inverted spinglefluke which would be very bearish and we could be headed for Dow 30. And if Dow 30 doesn't hold? Oh shit... next support is Dow -200 where the market actually pays you to take store stock certificates for them.