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(IMHO) yep, i can see us getting back to the 61.8 retracement at 1226 or 1379 (78.6 retrace) The majority of the retail trader-investor did Not participate in the 09 rally. The 09 rally was/is a total manipulated rally thanks to Tim and Ben. Can't lose when you lend at 0% interest!But what happens when the "Carry Trade" is over?I see 2010 as a pretty boring yr for the market. No major rallies and no major sell-offs eitherBut you make $$$ with boring markets.Just my op.Happy and Succesful trading in 2010Jack
(IMHO) yep, i can see us getting back to the 61.8 retracement at 1226 or 1379 (78.6 retrace)
ReplyDeleteThe majority of the retail trader-investor did Not participate in the 09 rally.
The 09 rally was/is a total manipulated rally thanks to Tim and Ben. Can't lose when you lend at 0% interest!
But what happens when the "Carry Trade" is over?
I see 2010 as a pretty boring yr for the market. No major rallies and no major sell-offs either
But you make $$$ with boring markets.
Just my op.
Happy and Succesful trading in 2010
Jack