The Selling Isn’t Even Close To Over Yet…

Wednesday update...

(to watch on youtube: http://www.youtube.com/watch?v=4LaFNfKx7vU)

Red

______________________________________________________

Last week was ugly, but this week is going to be just as bad!

The S&P 500 finally closed below the 200ma on the weekly chart last week, which is a clear signal that this bear is here to stay... and for quite a long time I believe!  While I'm sure there will be bear market rallies, this selling is going to continue well into 2012, and where it bottoms no one knows (except the gangsters of course... and the readers of this blog too, if the FP on the SPY of 34.65 is real?).

(to watch on youtube: http://www.youtube.com/watch?v=esVXVcnxRNs)

Talk about a blood bath... if that happens America won't even look close to what it is right now.  There will be riots in the streets like London, as millions of people lose their jobs because the Illuminati Reptilian Gangsters stole all the money and caused the Great Depression Tw0 to start!  If there is too be "be-heading's" as foretold in the Bible, let start with murdering rapist, thieving, satanist, cannibals in the White House and the Vatican as that's where all the evil resides!

While I try to remain positive and not focus on the evil thugs that run the world, it's hard to forgive them for what they've done... especially when their not even human!  I could have mercy for another human, but not a shapeshifting reptilian!  Captain Kirk had mercy on a reptilian alien in one episode of Star Trek when he and the captain of another ship (who was a reptilian) were taken from their ships and forced to fight each other on a desert like planet by some supreme being that had control of both ships and could destroy them at will.

It was an interesting episode as the reptilian was much bigger and stronger then Kirk, but Kirk was smarter and created some homemade explosive from gun power found on the planet.  He used it to propel a large rock at the reptilian to knock him unconscious and win the fight... which meant that the supreme being would free the Enterprise ship and destroy the reptilian ship.  Kirk... being a human and having compassion, asked the supreme being to let the other ship go and not destroy it, and refused to kill the reptilian captain he was fighting.

Of course the different here in this story is that the reptilian hasn't done anything wrong as both ships and crew just met each other while in orbit on that planet... therefore, they were innocent and hadn't done any crimes against any humans.  That's not the same story that we have here on planet earth today, as these reptilians have been controlling and enslaving humanity for at least the last 4,000 years... therefore, I don't have any compassion for them.

I look forward to the day when Ben Bernanke, Tim Geither, Jamie Dillon, Lloyd Blankfein, George Soro's, Warren Buffet, Henry Kissinger, David and Jay Rockefeller, George and George Jr Bush, The Clinton's, Dick Chaney, and a host of other evil gangsters get arrested for crimes against humanity.  One day the sheep will wake up and see these reptiles for what they really are... pure evil satanists!

This stock market crash is going along just as they planned it...

At this point, I don't see any evidence that clearly shows that these thugs aren't still in full control of this stock market.  They planned this crash years in advance, and now it's happening just as they want it too.  They plan to take the market down to about 3,000 or so on the Dow (based on the 34.65 spy FP, which is about 346.50 SPX and about that area on the Dow) so they can bankrupt America, wipe out all the debt they created and passed onto the public (us sheep), while they kept all the profits.

Then they plan to use that stolen money and buy up American assets for pennies on the dollar to create a "New World Order" where every company is owned by the government (through more bailouts, and consolidations)... therefore everyone will be working for them!  Welcome to the "United Communist States of America"!  Well I've got news for them... it ain't going to happen!  You're not going to chip me and make me your slave!  I'm an immortal spirit and I chose what reality and time line I want to go down... and I chose "Freedom"!

You too have a choice, as you can chose to go down any time line you want too.  I see the collapse in the economy and the stock market as positive thing which cleans the slate and a new beautiful world of free energy technology, clean water, air and food, and a world of peace with no more staged wars for profit, fear, and population control happen.  The gangsters can chose their own time line too, and I suspect it will be the one where Elenin passes too close to earth and destroys 80-90% of the population, while the hide in their underground cities they built with stolen money from massive printing by the Federal Reserve Banksters.

I can picture them now, thinking that they are safe from the volcano's, earthquakes, and tidal waves that are happening on the surface as this all happens in their time line... only to see their underground city become their tomb as the walls that support it collapse and lava and/or water comes in and destroys the city.  It's happened before and it will happen again... but not in my time line.

In my time line the stock still does collapse, but it turns out better for humanity after it bottoms as a new era of freedom and peace starts world wide.  The Elenin event passes with no major damage to earth, as we are being protected from Good Aliens (Angels), who are able to use their technology to shield the planet from the destruction that Elenin should create.

Moving on to the latest from Lindsey Williams...

It's time to revisit what Lindsey Williams stated about the collapse of the Euro, and the "less then two weeks to get out of all paper", as that time is coming much nearer then we may think.  While I'm still thinking that we will follow a nice elliottwave structured move up and down, and have a nice major wave 2 up (probably lasting until the week of October 23rd, as that's the end of the next Legatus Pilgrimage), there's NO guarantee that this market is going to have any more rallies in it... or corrections in gold.

Pastor Lindsey Williams : “The Euro is going to fall first. I was told that it will be one European country after the other will default until the Euro and the European Union are in such a collapsed position that they’ll have no choice but to render the Euro worthless. At that point you have some where in the matter of days, not months, maybe weeks, but not months. You have only a matter of days to get out of every piece of paper you’ve got. I’m talking about Federal Reserve notes, I’m talking about Treasury Bills, I’m speaking of your retirement, your 401K, your IRA. But of course you can’t get out that quickly so you’re going to lose it, and they know this, you have a matter of days.”

(to watch on youtube (Part One): http://www.youtube.com/watch?v=dlqxwXGDQPw)

(to watch on youtube (Part Two): http://www.youtube.com/watch?v=0ul2yX8iwSk)

(to watch on youtube (Part Three): http://www.youtube.com/watch?v=ySSX8grupRc)

Highlights:

Part One:

• Reptilian ShapeShifter Hilliary Clinton stated that "they" give the Muslim Brotherhood to Egypt, and make them legal
• Other countries will also be given to the Muslim Brotherhood in there plan to control the middle east
• The Royal Family in Saudi Arabia will be removed which will force oil to skyrocket just like the gangsters planned.
• Gold is going to $3,000 per ounce
• The US will Default on its' debt
• The Illuminati Reptilian Elite Gangsters will own all of America
• The "New World Order" will then have Total Control

Part Two:

• The Obama Healthcare Bill is NOTHING about health care... it's about TOTAL Control of the People
• Handheld instruments are already being sent out to doctors from the gangsters at Homeland Security
• Doctors will be forced to input their diagnosis of a patient into the device and then will be told what they can do for that patient by the elite through some new government agency
• Doctors refusing to follow orders by this Nazi controlled "Youth-naize" agency will be fined $5,000 for the first offense and prison for the second offense
• The Euro will collapse and you will only have days (to weeks) before total collapse happens, as Greece will default and it will spread across the world.  They will render the Euro worthless!
• The Elite Gangster fear the people waking up and don't want riots, and will back off if the sheep wake up too fast and fight back
• No shortage of food and water, but the currency will be worth so little that you won't be able to afford it

Part Three:

• The end times are near when the Federal Reserves starts buying it's own debt (which they have been doing for the last 8 months now)
• Illuminati Reptilian Hillary Clinton is lobbying to be the head of the International Bank
• China is holding 3 Trillion dollars in American Dollars
• If the Obama Healthcare bill goes through 40% of the US doctors will quit
• The elite have a cure for every auto immune disease on the planet, including all cancer types, leukemia, and arthritis
• Call 1-800-262-0212 to find out where the Elite Gangsters go to get cured of all auto immune diseases (http://www.alivizatos.com)

Ok, on to the short term market forecast...

Next week should have a bounce in it, but the over all week should be down hard again.  My best guess is that Monday we'll hit the double bottom area of 1101 spx and then rally some on Tuesday and Wednesday.  It could be a little wild next week, as traders are going to be waiting to hear what Bernanke says from Jackson Hole, Wyoming this Friday.  Last time Bernanke was there he announced quantitative easing two (QE2), but I don't think he's going to do QE3 this time.

In fact, I suspect that we'll have another stock market crash this coming Friday.  It's hard to see where the market will be Monday-Thursday, but I expect it to rally a little as the market is oversold on the short term charts right now.  A rally up into his speech would match up with the charts (mainly the 60 minute chart, but the daily also to some degree).  The speech is set for 10 am, and I'm considering just waiting until then to go short the market.

If the gangsters release some fake rumor that Bernanke will do QE3 and announce it this Friday, that would cause a nice short squeeze in the market... which I would love to see happen.  I'm not saying that it will happen, but we all know how the gangsters like to start rumors to move the market in the direction they want it to go, only to do the opposite once the rumor is proven to be "just a rumor".

So... let's expect the "un-expected" again!

Since every report released this week is under the full control of the Illuminati gangsters you can expect them to tailor those reports to look whatever way they want them too be.  If they want a rally, they will give out good reports and possibly leak a fake rumor out too.  If they want the market to continue selling off all they have to do is release truthful reports, as we all know they are all horrible... if actually accurate.

For all we know, this could wave down from 1208 could be a "B" wave down with "C" up to follow... which could end this Friday when Bernanke speaks.  If the 1101 low isn't taken out this Monday, and we put in a "higher low", then that could be the wave count.  Then we would have the 1101 low to the 1208 high being wave A (still inside the larger wave 4 up).  If we rally up to take out the 1208 high by Friday, then I suspect that will finally complete our wave 4 up with an ABC move.

Then wave 5 down would start after Bernanke says nothing about QE3 on Friday... causing another crash to happen!  That is one possibility that I see which could happen and could match up with the charts fairly well.  The other is that we go down below the 1101 low on Monday and then rally up on Tuesday and possibly Wednesday to complete a smaller wave 2 up inside of the larger wave 5 down with the larger wave 4 up being complete at the 1208 high.  That means it's not an ABC move up as suggested above (or simply that the ABC pattern has already formed and completed).

This means that inside this larger wave 5 down we will complete the first smaller subwave on Monday with a slightly lower low then the 1101 current low.  Then a smaller subwave 2 to be completed by Wednesday, and then a smaller subwave 3 down (still inside the large wave 5 down) to start on Thursday's Jobless Claims number (or whatever else they want to blame it on?)... followed by brief bounce before Bernanke speaks at 10 am on Friday, and then the final smaller subwave 5 inside a larger wave 5 to complete the final move down into the close with a capitulation crash.

Final target of Major wave one down from the May 2nd high... 965 SPX or thereabouts!

This could be the scenario for next week?  Or, it could carry over into one more down week to end the month of August deeply in the red.  Either way, I'm expect an end to this selling within the next week or two.  Then I expect a Major wave two up to start and carry on into the week of October 23rd when the Legatus Pilgrimage ends.  That would then start Major wave three down inside Primary wave three down (which started at the May 2nd high that ended the P2 rally from the March 2009 low of 666 spx).

Yes, this next wave down will be the largest in the history of the stock market I believe.  It will totally wipeout every 401k saving plan that many American's have as the Illuminati Reptilian Evil Gangsters steal every last penny that we sheep have.  I hope I'm wrong on this, but I do think this is what's coming... so you need to prepare for it.  If I'm wrong, then some miracle will happen and save the market from total collapse.  Right now the odds of a miracle are slim, but hope is still alive.  Just stay positive and if you make money from the collapse, never forget to help those less fortunate then you who lost it all.

That's it gang, stay alert and awake this week, as it could bring more surprises...

Red

Author: Red