Home > Daily Reading on the Financial Markets, Financial Ponzi, investing, Stock Market > Daily Reading on the Financial Markets: 9/27/11

Daily Reading on the Financial Markets: 9/27/11

This is hilarious.  A trader tells BBC like it is (‘a financial apocolypse is coming, don’t trust your government, GS rules the world’).  Wasn’t truth banned, like, 4 years ago?  Who let this guy on TV?????  We’ve got a Ponzi to prop up here people, get on board!  (I embedded it below, so you don’t need to follow the link)

Chris Kimble notes that TLT (long 30 year Treasury ETF) has hit its 2008 highs and 161% Fibonacci extension level, and thinks it may be time for a counter-trend rally.

Cullen Roche on the proposed European TARP.

Tom Armistead at Seeking Alpha says consumer de-leveraging is near its lowest in decades, typically a good sign for bull runs.

Avi Gilburt from Elliot Waves on whether market (social) mood drives news reception.

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