sábado, 8 de noviembre de 2008

THE ICE AGE

Are we heading towards a modern ICE Age ? If you are a follower of technical and chartist market indicators, that is what it seems.

For the last 2 months any classical tool of analysis has worked properly, indicating that this time is different. But different from what ? Basically different from any analysis that do not go back to the early moments of last century.

There is one thing that looks very familiar now and then. Back then, FED and SEC did not exist. Thee were created after the huge turmoil of the Great Depression. And now ??

Well now we have a market of $598 Trillion Derivatives that should be regulated or not ???

WIZ

No hay comentarios: