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Author Topic: JDH Commentary Dec 4th 2010  (Read 166 times)
sidewinder
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« on: December 05, 2010, 05:47:53 AM »

Pizza with the boys, family time and 3 generations with time to spend together sounds great!

Why the prime numbers act as support and resistance ....... two words.   Mass Psychology

Before the internet, that phenomena was a little bit harder to quantify in the markets but nonetheless it existed.  The herd lives and is more connected than ever.  This "easy" connection between peoples all over the planet has it's advantages and disadvantages.  Where, before information market related was passed among only those close to, and deeply interested in markets now any "jackwagon" (thanks Sgt Lee Ermy and the Gieco commercial) can may any sort of case for all sorts of market gyrations.  LOL we here are prime examples  Grin

Some may be correct, some full of it.  Makes no difference as to validity of any of the ideas it will be the perception of the masses.  FWIW I think JDH has a pretty good handle on it.

I would guess I believe about 30% of the stuff I get in emails and read on the "net"  with so much misinformation being promoted online it won't be that much longer before I will simply unplug of severely restrict my intake of electronic information.  Shame it could have been good. 

Anyway I enjoy reading your weekly comments keep up the good work.

 
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"Political Correctness is a doctrine, fostered by a delusional, illogical, liberal minority and rabidly promoted by an unscrupulous mainstream media, which holds forth the proposition that it is entirely possible to pick up a turd by the clean end."
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