Monday, November 28, 2011

US Economy ? Train Wreck !!!!!

Congragulation Folks. US now has officially reached 100% on debt to GDP during this thanks giving Turkey holiday.US is now Turkey when compared to rest of westernize countries.

Be prepare for wild moves by end of this year and entering into 2012.Take a look at the debt clock jpeg for more details.

Courtesy website :http://www.usdebtclock.org/


S&P Bounces from Golden Ratio

S&P 500 daily from golden ratio from FIB Indicators and its way oversold.
If price make move above 1185 - 1190 levels it may target 1215 - 1220 levels in the coming days.Nothing fundamental has changed in the economy except the printing press.

Take a look at my previous link and current charts

PBS: Breaking The Bank