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.

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.

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.

Looking at current economic events, it doesn’t seem like there will be any trigger for a “Santa Claus” rally in the markets this year. Not, just the macro picture is saying this, the technical analysis of the charts say the same thing, there has been a breakdown in the price actions across all markets around the world.

I personally have a bad feeling about December 2011 and January 2012 for the markets. Read the article below by ZeroHedge for more details.

All U.S stock market indexes took roughly a 3.5% haircut today. Question is this, “Is it down from here?” and “Is there going to be a santa claus rally this year?”

The answer to both of these question is who knows, anybody’s guess. The stock market now a days have pretty much been manipulated by the U.S Government and Federal Exchange who pump borrowed /printed money into the markets to inflate them.

Gary Schilling the author of “The Age of De-Leveraging” thinks there will be more pain ahead. As the economy stalls, demand for goods and commodities will fall causing deflation and subsequently stock markets will fall.