market doesn't make sense, page-5

  1. 358 Posts.
    I don't know how the rest are feeling at the moment but the markets of the last couple of months are easily the most difficult i have been apart of...and the last couple of weeks the toughest of that. Reduculous uncertainty at the moment and incredible volatility. Volatility is huge opportunity for those who can change their spots as the markets change...

    Just last night, Benanke gave the first glimpes at a 'possibility' for QE3 or what ever they call it....Gold (ATH in US$) and silver (5.5%) up big time, AUS$, Pound, Euro up about 2 (200pips) cents and the US$/Swiss Franc down 2 (200pips) cents..The DOW rockets up 160 points

    Then, one of the ratings agencies downgraded Greek bonds to basically junk....lol The Commoditiy currencies halted in their tracks...Dow down 120 of that 160 in very quick time.

    There are crazy market affecting things at the current rate one or two a day at the moment...the above just in 1 night! You wouldn't be human if your heart isn't racing with that.

    Currencies and Silver trading(24x5 times and ability to exit at a drop of a hat) for me only at these times.

    Good luck all
 
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