MoneyAccumulator.com

So, I finally got around to installing the newer version (v.11) of the financial charting sofware MetaStock a few weeks ago.It is a great piece of sofware, I’ve been using it since year 2007, however back then I was doing swing trading which was much shorter term and using daily charts to find opportunities to buy and sell stocks which took days or weeks.

You never know, it might get if thingsEurope goes bad. That is why I am still short the Nasdaq. We’ll see.

The timing is only different, he says, because “banks these days are much bigger than they were in 1929.” In the 20’s institutions were reliant on client money to lead their bailout attempts. Today Central Banks have the ability to call on future, often overstated, tax revenues and are unencumbered by anything such as a gold standard when attempting to ward off the human desire to hide under the covers, financially speaking.

Henry S. Dent has a pretty good track record of foretelling what will happen. Nobody can predict when it will happen just what is going to happen and so far, the next crash is taking longer because of Fed stimulus.

He recommends get out of stocks, commodities and get into cash and U.S Treasuries. He is not a gold bug though. He thinks it is a commodity and will get pull down with all other commodities.

Topics:

-Started physical silver collection (coins, bars)
-Paper silver / gold market unsafe
-U.S dollar devaluation / Fed printing money
-Hyper inflation
-2012 Year of the Dragon 1/2 oz coin - Royal Canadian Mint
-Bearish on NASDAQ for 2012

by Das Brain

Great video of economist John Mauldin talk about where America is going with all this debt being created in the name of economic recovery. John Mauldin has been a guest on Yahoo Finance, Reuters and other financial news network before discussing his views on the U.S and other economies.

After watching this video or his presentation you will see just how grave the economic situation is in the United States.

This video was uploaded by NDTV on Dec.22, 2011
Looking at M2, the Federal Reserve is printing more in secret and injecting it in the stock markets, keeping it inflated…preventing it from collapsing, but it will happen.

The fact that today is 2 days to Christmas and there have been a very dismal market move upwards, I think this sets up a bad tone for the markets going into the first quarter of next year.

The market strength is just not there and using technical analysis looking both the DOW and Nasdaq charts it seems the the DJIA is going sideways and the Nasdaq is starting to trend down. Both the DOW and Nasdaq shows declining volumes as well.

MetaStock End-of-Day is made for the swing, mid-term or long term trader who doesn’t need up to the second or minute stock, currency, index or commodity quotes. Rather MetaStock End of Day is for doing analysis on price action after the market has closed. For real-time traders they need to look over MetaStock Pro and MetaStock Pro FX.