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Playing the Ponzi
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Why “Playing the Ponzi”? I view the entire monetary and financial system as something of a Ponzi scheme. Starting with currency that is created as debt, and running straight through a global economic model that is based on infinite growth in a finite world. This won’t end well. I’d go a step... More
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Playing the Ponzi
  • GOOG Rallies Into Resistance 0 comments
    Aug 20, 2012 1:27 PM | about stocks: GOOG

    Google rallied has rallied strongly in recent days and appears that the rally has taken the stock into a resistance line that dates back to the first year of GOOG trading.

    (click to enlarge)

    Disclosure: I am short GOOG.

    Stocks: GOOG
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