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I guess we are back to the “Shoulda’ Woulda’ Coulda’” forecasts for the market now.  Yes, it should have already rolled over to the downside.  And it would have done so if we had any real volume in the market.  But, it also could still go higher?  There… now I’ve covered it all!  LOL!

As for next week… once again, it should roll over to the downside.  Will it?  Who knows?  This market is so controlled it isn’t even fun anymore.  Any selling is quickly bought up by computer bot programs, and as long as the big institutions won’t sell their shares, the little guys will never succeed in pushing this market back down.

It’s truly up to the big institutions, as the selling will only stick when they start selling.  When?  I don’t know, but we seem too be very close.  Too many signs of this damn cracking are appearing now.  Eventually one of those big boys will hit the panic button, and the rest will follow.

I heard somewhere that this last week ranked in the top 10 lightest volume weeks for the last 6-7 years.  And it’s March!  WTF?  I’d expect it in the summer, or around a major holiday, but not during the month of March.  Man… when this market manipulation finally fails to work anymore… look out below, as this pit might be bottomless!

One of the signs that the market is cracking is the fact that both oil and gold sold off Friday, while the dollar was getting hammered.  Good ol’ Ben was out in force on Friday, the dollar got kicked in the groins again.  The poor little dollar… you actually feel sorry for it.  It’s the governments’ punching bag it seems…

Also notice that the market did not rise proportionally to the dollar being sold.  The market actually ended down by a fraction.  It should have been up 100 points or more on the Dow, with the dollar getting sold off so hard.  It didn’t… which clearly indicates that this inverse relationship between the two is struggling badly.  Eventually, it will cease to work, and the market will sell off with the dollar.  When?  Unknown… but these current observations are clearly pointing to a top in the market.

The VIX has also inched it way up, which is another indicator that we are nearing a top, or already at one.  Volume is all we need in the market.  Give me volume, and I’ll give you selling!  It’s really that simple!  The pit bulls (big institutions) are currently on their leash and sitting still as their master (the government thugs – Timmy, Benny and Obama) have told them to do so.  And for now, they are listening.  Soon they will get hungry, and break that leash.  Then the fun starts!

One more thing… let’s also not forget that the Fed’s are cutting back on their Quantitative Easing, as Obama stated recently that they will be trying to reel back in the money they’ve put out into the system.  Good Luck on that Mr. Dreamer!  Goldman already moved that money into the Cayman Islands…

I’d post some charts, but what’s the point… the market is going to continue up, until they want to sell it.  Charts, Astrology, Moon Cycles, etc… don’t affect a computer bot buying machine.  All that is calculated based on real people… that have emotions.  Machines don’t have emotions, so a lot of the traditional ways to predict the market are history.

Welcome to the machine…

Let’s hope that this isn’t what happens to the stock market and the economy in the next few years…

Red

Sorry gang… I got really busy today, and didn’t have time to do a Monday post.  Doesn’t look like I missed anything anyway… I’ll get one up Tuesday.  Meanwhile… make the market sell off, would you? LOL