Tuesday, November 25, 2008

Fear is getting killed by Quantitative Easing. GDX, MAI.v, TNR.v, SST.v, OK.v, CZX.v, BVG.v

Saving the CITI Group has put last nail into Deflation camp: banks will not be allowed to fail any more. VIX has made a Double Top stronger reversal pattern confirmed yesterday's action. Please see our comments on US Dollar and Dow about recent new weapon employed by FED - Quantitative Easing by way of issuing new money and buying Treasuries or other securities in the open market. US dollar is screaming please let me go down and save you all from Depression. Most benefit will come to emerging markets and Canada's venture stocks which were devastated by Fear and forced selling. Greed is coming back and money guys will start to chase performance again.

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