Joined: 28 Dec 2005
|Posted: Sat Apr 21, 2007 6:55 pm Post subject: Extreme Conflicting Indicators
|Normally, NYSI bottoms around negative 500 within one year. Given NYSI is above 900, there may be a steep market pullback by mid-Jun. Also, the NYMO 50-day MA normally bottoms around at least negative 20. Moreover, short-term technical indicators (not shown) are severely overbought, which suggest at least a 20 point SPX pullback next week. However, the second chart shows the CPC 50-day MA is near its all-time high, which is extremely market bullish. It seems likely, SPX will pullback, perhaps to around 1,350, until intermediate-term indicators bottom, and then rally to new highs.
“Repeat a lie often enough and it becomes the truth”- Joseph Goebbels.
It seems, many Americans have been manipulated and duped by the liberal/socialist Democrat Party, who speak in one voice, and the “mainstream” media, who speak in the same voice and ban the other side of issues.
Don’t know why Republicans put up with the propaganda. They should boycott all of the leftist “mainstream” media, until they act like journalists, and persistently explain each day how they operate.
Republicans are too nice, while constantly getting pounded. Democrats certainly wouldn’t put up with it, if the shoe was on the other foot, because they’re fighters.
For example, the “mainstream” media conspired to create a hoax about what Trump said regarding Charlottesville, including that Trump said Nazis are fine people.
The hoax was saturated on the internet, burying any articles that showed what Trump actually said. Democrats perpetrated the hoax.
The lies caused racial tensions. I suspect, the coordinated attack on Trump by the “mainstream” media was in response to Trump making aware that the “mainstream” media is biased and unfair. A Harvard study showed over 90% of “mainstream” media coverage on Trump was negative.
The “mainstream” media creates discord, discontent, and divides the American people, much more than Russian efforts could ever hope for.