In response to:

Is Flash Market Crash Coming?

Herb3 Wrote: Apr 18, 2013 7:17 AM
One only needs an 8th grade education to read any financial statement.....or, read the history of FIAT currencies. The end is always ugly where the best organized and most willing to be most ruthless come out on top in control of everything. At least since Johnson, our Federal Government, under both parties, and their cronies have looted the public treasury. Now, they want us working people to fill it up again so they can loot that too. States should cancel this experiment in Biggest FG. DC GO HOME, DC GO HOME. DC GO HOME.
Robert97 Wrote: Apr 18, 2013 10:01 AM
Maybe college graduates, who took finance and/or accounting, can read financial statements. But few others.
Dan107 Wrote: Apr 18, 2013 7:27 AM
Herb3, is that the old 8th grade education in which students learned reading, writing, math and critical thinking skills, or the current 8th grade education you are referring to?
Chris from Kalifornia Wrote: Apr 18, 2013 7:52 AM
heh! That would HAVE to be the old style where they actually taught the kids something real.
Herb3 Wrote: Apr 18, 2013 7:57 AM
Dan, In '63, my Marxist Political Science professor showed me the new 45 point plan to destroy America. Item #17....Get control of the schools. Use them as transmission belts for current Communist propaganda. Soften the curriculum......" Have you read it? Only 2 pages. 50 years the likes of Ayers, Stern, Rathke, & Jones, "Weather Underground & Students for a Democratic Society" have "Organize, organize, organize"..Alinsky. Any doubt where "Fundamentally Transform America" is headed?
Vic156 Wrote: Apr 18, 2013 7:58 AM
Older than me... And I'm getting up there in years.
Dr_Zinj Wrote: Apr 18, 2013 8:54 AM
I read it.
They achieved almost every one of their goals. And they're working hard on the remaining couple.
Herb3 Wrote: Apr 18, 2013 9:00 AM
Perry or Brewer.....please get the State Sovereignty movement started. One State after another will follow that afternoon.

If one were to take a look at the technical signals for the market, there are plenty of reasons to be concerned here. The market came close to breaking support levels earlier this week on strong, convincing volume.

Currently the market is trading below it’s 20-day moving average at 1552 and need only give up another 11 points before it’s broken its 50-day moving average. Normally that’s a cause for anxious waiting.

The news on economic front continues to be worrisome as well. Slowing growth in China, European economic stagnation and mixed earnings here at home are signaling...