NWS 1.25% $42.12 news corporation..

The sunshine has disappeared behind some dark clouds. We are now...

  1. 1,937 Posts.
    The sunshine has disappeared behind some dark clouds. We are now looking at a similar setup to either Mar2007 or May2010.

    The inflationary effects of a loose money policy is losing it's gloss.

    NWS is sliding down the upper edge of a strong down channel.

    It is with both hope and fear that I think reality is taking hold. Good shorts from $18.40, good longs from $16

    It's a deflationary environment if loose money can't inflate speculation. NWS needs to get above 61.8fib to remain bullish.

    Odds favouring down currently.
 
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