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S W
Member since May 2012
668 commentaries - 5 followers

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has posted a comment on the article :

European Reality Check

- Alf Field -

I suppose when you try to pick bottoms eventually you are bound to get it right someday.
So here is my pick $1087 +/- $10

And as I have no regard whatsoever for " support and resistance " and other subjective notions of technical analysis e.g. trend lines, M.A's etc, a figure of $600 would not surprise me.
Mind you the same could be said for $12000 on the upside.
That's USD by the way.

Commented 4377 days ago

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Beginning of the headline :"The pain in Spain falls mainly on the sane". (With apologies to "My Fair Lady") There has been a lot of pain in Spain recently with probably more to come. Unemployment is at 24% while youth unemployment (under age 24) is about 53% and rising. The economy is in recession. Debt, both government and private, is excessive and there is pressure for greater austerity measures... Read More

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