the bear is about to show its heavy hand, page-209

  1. 13,576 Posts.
    Zachary..in 2008 we saw one of the worse financial crisis in history..
    Now we r about to experience the problems that come with printing money..

    The global debt and countries pending default..will be hard felt for the next few decades...there is just NO WAY out of this..

    We now have countries wanting to cut back spending..how is this going to help growth?

    The markets at the moment are churning just above some serious support levels..this is a very dangerous area ..a breach below these major support levels, would mean that the crisis in 08 will seem like a bull market...
    In my opinion..the technicals look very weak..and that those dangerous levels of support will come into play shortly..BUT this time we wont bounce..BUT collapse..
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