tag:blogger.com,1999:blog-8305505968390768234.post635463214944808548..comments2023-08-10T11:39:24.714-04:00Comments on fdralloveragain: The Correction Zonefdralloveragainhttp://www.blogger.com/profile/03488923148019117760noreply@blogger.comBlogger15125tag:blogger.com,1999:blog-8305505968390768234.post-60353728164634858842009-09-03T09:07:24.584-04:002009-09-03T09:07:24.584-04:00"FDR a lot of people say gold is heading towa..."FDR a lot of people say gold is heading towards 1500$.You agree with that? Amazingly Gold refuses to go down inspite of deflationary forces acting on it.Why?"<br /><br />As many know, I think gold and silver remain in a trading range at the very top end of a multi-decade bubble.<br /><br />I define a bubble as any price that moves or remains counter-fundamental. As the money supply dries up due to the most severe contraction in credit on record, all asset prices will fall. This makes gold and silver one of the best long term short sales on the market.<br /><br />This deflation is not small. The inflation that preceded it started almost a century ago, so it will take time to fully unwind. ...perhaps another 20 years.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-42928937360222470032009-09-02T23:22:23.593-04:002009-09-02T23:22:23.593-04:00FDR a lot of people say gold is heading towards 15...FDR a lot of people say gold is heading towards 1500$.You agree with that? Amazingly Gold refuses to go down inspite of deflationary forces acting on it.Why?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-66424708380748513032009-09-02T09:34:07.213-04:002009-09-02T09:34:07.213-04:00Good to see you back FDR - thought you might be ha...Good to see you back FDR - thought you might be hanging by your thumbs in some subterranean vault.Jayhawk1noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-87922531163981565842009-09-02T01:25:24.378-04:002009-09-02T01:25:24.378-04:00FDR,
I am strating to study EWT and I have a ques...FDR,<br /><br />I am strating to study EWT and I have a question regarding your chart above. My doubt is whether primary wave 2 retracement is over yet since the Fibonacci rule of 0.618 is not complete yet. <br /><br />Please advise thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-17841119975599694012009-09-01T22:33:25.431-04:002009-09-01T22:33:25.431-04:00When Geithner is again
pressed on the issue, he m...When Geithner is again <br />pressed on the issue, he makes the stunning assertion that conducting an audit <br />of the Federal Reserve-something never before done in its 96 year history-is a <br />"line that we don't want to cross," proclaiming that such a move would be <br />"problematic for the country."Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-4471888627443127012009-09-01T21:54:10.526-04:002009-09-01T21:54:10.526-04:00Fdr both you and prechter have called for a top of...Fdr both you and prechter have called for a top of this counter trend rally.But there are a few experts out there who are calling for the counter trend rally to continue after some fall and take DOW to around 12k.Even biggies like Goerge Soros etc have said the economy may have bottomed.In face of all this do you still completelty rule out such a possibility? If yes then where do you see the next bottom for DOW?<br /><br />ThanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-9224374219293399132009-09-01T17:08:56.763-04:002009-09-01T17:08:56.763-04:00"What's your view on corporate bonds and ..."What's your view on corporate bonds and muni's, "<br /><br />Depends on the offering, but most corporations and local governments are in sad shape, especially those dumb enough to issue high interest debt in the face of the greatest deflation in history. So in general, I think the risk is drastically understated.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-83994856168646873462009-09-01T17:00:40.149-04:002009-09-01T17:00:40.149-04:00What's your view on corporate bonds and muni&#...What's your view on corporate bonds and muni's, <br /><br />Thanks,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-2857716191421840592009-08-31T23:02:14.808-04:002009-08-31T23:02:14.808-04:00"do you think any of these patterns apply, wh..."do you think any of these patterns apply, what with the massive govt interventions in the market, QE, etc.?"<br /><br />Yes, gov't interventions are one key way that large degrees of EW behavior manifest. In other words, lots of people acting in unison. <br /><br />"Intervention" in this sense is a misnomer, since it is actually a primary market force registering mass behavior.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-8321996548947592532009-08-31T13:32:22.223-04:002009-08-31T13:32:22.223-04:00Welcome back :) :) :)Welcome back :) :) :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-71071374080880649922009-08-31T13:01:24.991-04:002009-08-31T13:01:24.991-04:00Thanks for the update FDR.What are your short term...Thanks for the update FDR.What are your short term and long term targets for DOW,Gold and USD dollar now? Any change in perception?Viksnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-91029519888140187562009-08-31T05:09:13.002-04:002009-08-31T05:09:13.002-04:00FDR do you always vacation through bull markets? Y...FDR do you always vacation through bull markets? You must have had long break 2002-2007. Now that you are back, I expect to see an immediate market collapse. - ShadrachAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-1950190348230832312009-08-31T05:02:01.565-04:002009-08-31T05:02:01.565-04:00"FDR what does it mean in layman terms?"..."FDR what does it mean in layman terms?"<br /><br />It means we've hit the target range for the counter trend rally (+/- a few hundred points), and we will likely resume the bear market collapse, in earnest.fdralloveragainhttps://www.blogger.com/profile/03488923148019117760noreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-49431672331443384532009-08-30T23:49:06.854-04:002009-08-30T23:49:06.854-04:00FDR what does it mean in layman terms? Are we setu...FDR what does it mean in layman terms? Are we setup for Dow 14k again? Please throw some light on this as i am completely clueless on EWT and its implicationsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8305505968390768234.post-78755310690361571632009-08-30T20:12:10.268-04:002009-08-30T20:12:10.268-04:00do you think any of these patterns apply, what wit...do you think any of these patterns apply, what with the massive govt interventions in the market, QE, etc.?thevisiblehandhttps://www.blogger.com/profile/04018067314843447018noreply@blogger.com