Is this a market breakout or a market fake out?
Answers: Breakout of what? Which market?
From the DJIA, there is a downtrend line from December at 12,500, and an uptrend line from January at 12250. A move to 12,550 to the upside or 12,200 to the downside would be a clear breakout of this symetrical triangle, but I see no breakout otherwise.
Maybe the end of the day will tell.
Best to wait and see.
If you trade, best to trade on large retracements, it's the most reliable. G00GLE for "50% retracement" rule.
I enjoy $100 to invest at 8% per year compounded monthly, how long will it be until I own $150.?
How long will it be if the compounding is continuous?Please explain this to me... Thanks
Answers: You have 2 question. In the first, you have to find the important rate:
1) Compounded monthly:
effective annual rate = [1 + (.08/12)]^12 -1 = 8.3%
i) ln(PV/FV)/ln(1+i)
ii) ln(150/100)/ln(1+.083)
iii) .405465/.079735
iv) 5.085 years (plug this pay for into the FV calculation to confirm as correct)
2) Continuous Compounding:
i) FV = PV(e^rn)
ii) $150 = $100(e^.08n)
iii) 1.5 = e^.08n
iv) 1.5 = (e^.08)^n
v) ln(1.5) = .08n
vi) .405465 = .08n
vii) n = 5.068 years
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Does it look approaching Federal reserve is cornered?
Gold, commodities, euro already acknowledged that 1 US $ must be equal to 1 Mexican pecoAnswers: Federal reserve is behind adjectives this shyt.
They will bounce back evcen stronger once everyone have sold shares.
Just wait for the AMERO jus approaching the EURO but will be, mex, canida, us.
Flippin insane shyt.