Replies to post #491 on Pincher~~Power~~APCharts

[XBladeRob]

Gah, once again my intuition is blown to bits by the QE hand of the fed.

Supposedly though, Japan will intervene again soon in FOREX -- I saw that as a big thing.

Given that before you read the chart and told where it was going, and it went, I'll spare the worldly details this time. :-)

Where do you see it going from here, if you have a feeling? I'd again ask your opinion of Bill Mclarens most recent analysis:

http://www.mclarenreport.net.au/articles/articles/242/1/September-17-2010-CNBC-Europe-Report/Page1.html

Which gets at the heart of the two things I was getting at

(Though I'dve preferred the DOW, as it's easier to view, the S&P seems to be preferred by a lot of technicians. Any info on that?)

1: Main Markets
2: Currency

What, do you think are driving those two, and what does your chart-mysticism read in to where they're going from this point, with current rates (trends) as they are?

And, lastly (If you don't mind all these questions ... :-) ) what forces do you see acting on those trends in the near term?

In a philosophical way, I have a blind spot to prediction (Economically, culturally, or societally) in to beyond early 2011. The technological singularity, 2012 theories, ETC, seem to have such vast implications, that I couldn't possibly fathom their real world effects. Do you feel that bears any true weight or meaning? Or do you have another view?

Thanks for listening, and as always, best wishes. ;-)