InTransit: EURUSD, AUDUSD and S&P 500 All Rally to Meaningful Resistance

YOU HAVE TRAVELED FAR YOUNG JEDI

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YOU HAVE TRAVELED FAR YOUNG LION
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Normalcy bias

From Wikipedia, the free encyclopedia

The normalcy bias, or normality bias, refers to a mental

state people enter when facing a disaster. It causes people to

underestimate both the possibility of a disaster occurring and

its possible effects. This often results in situations where

people fail to adequately prepare for a disaster, and on a

larger scale, the failure of the government to include the

populace in its disaster preparations. The assumption that is

made in the case of the normalcy bias is that since a disaster

never has occurred then it never will occur. It also results in

the inability of people to cope with a disaster once it occurs.

People with a normalcy bias have difficulties reacting to

something they have not experienced before. People also tend

to interpret warnings in the most optimistic way possible,

seizing on any ambiguities to infer a less serious situation.

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leave now, if you are enjoying the nice little dream... it will end soon anyway, turn on the TV, Plug in the remote control, Vote ... For... The Best Candidate in...american idol... ... ...and exit this page....
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To be Promethean is a life long process
Define truth Create yourself
and never die..
and you'll always be in my heart little one.

Awaken...
This Life; This Is Your Life,
.... And The Hour is Late

Awaken

(Advanced Graphical Representation of 99.9 of The Masses Level of Interest When I Tell Them That if They Buy Silver, Food, and Other Supplies VERY SOON, They Just Maybe Will Survive The Inevitable Collapse of The Dollar, Riots, Massive Food Shortages, and Countless Unforeseeable Mass Tragedies That They Have Been Too Busy Watching American Idol With a Gas Pump Lodged Up Their Ass To Save This Country's Freedom; Freedom People Once Fought and Died To Protect. PS Don't Tell Me I Didn't Warn You. If You Ask For Food I'll Give You a Bullet in Your Head... SPEAK OUT SPREAD THE WORD and if this page has benefited you, Please Donate. Lastly remember... prepare now ---> stand a fighting chance to survive ---> 2-4 years things will get better...i promise

Thursday, February 2, 2012

EURUSD, AUDUSD and S&P 500 All Rally to Meaningful Resistance

Uploaded by DailyFXNews on Feb 1, 2012

Over the past week, the dominant characteristics of the markets were low volatility and a slow pullback in risk-based positioning. That drift was shocked to life however in the past session. A sudden swell in activity level accompanied a strong climb in growth-linked assets. Based on dubious fundamental foundations, the rally lasted just long enought to push EURUSD, AUDUSD, equities and other prominent risk proxies to key resistance. Was this the gasp of an exhausion move or a warning of bullish continuation? We discuss that and more in today's video.