Sunday, April 20, 2025
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Countdown To The August 2nd Debt Ceiling Vote

Red
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3,406

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=R1eSFaegoSw )

Red

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The stock market could be volatile next week, as uncertainty about the passing of raising the debt ceiling still lingers.

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

We've been told by Lindsey Williams that the gangster elite cabal will default on the debt, but that doesn't mean they won't raise the debt ceiling on August 2nd.  Both can happen, as they could raise the debt ceiling but decide not to pay on any debt holders outside of the US... specifically, they are going to default on paying the largest holder China!

Another person named Michael Ruppert sees the US just flat out defaulting on its' debt this coming August 2nd.  While it's uncertain exactly what will happen, the charts are looking very toppy too me right now.  Since nothing has been reached as of this Sunday afternoon, the Asia markets aren't likely to get too excited tonight and rally on like it doesn't affect them.  If they sell off anything serious, you can expect it to carry over the the US markets Monday morning.

While I'm still not sure if the top is in, or if we will go up and make a new high before the August 2nd deadline, we should at least sell off some on Monday and Tuesday to work off the extremely overbought conditions on all the short term charts right now.  It really depends on what is said about the debt ceiling... or what is "not said".  Uncertainly will lead to violent swings, and I definitely see that coming next week.

However, thinking like a gangster (and looking hard at the weekly chart) I still think we will put in a new high before collapsing on August 2nd (or the July 30th turn date?).  That weekly chart looks like it wants to push up more before rolling back down again.  Plus, the daily chart is still pushing up on the Full Stochastic  and I don't think it's ready to rollover just yet.

An 'ABC' up move is still in the cards, with the A wave likely ending on Friday, and B down to start this Monday.   If it ends on Tuesday (or early Wednesday)... with some good news announcement about the debt issue (planned, scripted, timed, and staged of course), then we should see a big rally up to make our C wave.  If that happens, then we should expect a new high to be put in... possibly our FP of SPY 138.86?

Then the unthinkable occurs on August 2nd, 2011...

The deal that they thought was sealed (which caused the C wave up) falls apart and the debt ceiling isn't raised... causing the stock market to tank hard!  This also should cause a crash in the dollar as when the debt of certain "dollar holders" (like China) is defaulted on, no country will want to hold them.  Whether it happens like this is just speculation of course...

But, eventually the dollar will collapse regardless, as it is already planned to happen by the Evil Reptilian Illuminati Gangster Elite Cabal... (wow, what a long name for those thugs!)  What will likely happen is that they will be forced to add another stimulus package to pay the debt here in America (like Social Security, Medicare, Pensions, etc...), which many more printing of the dollar... hence it will be worth less, and collapse back down.

Once the dollar breaks through the 72 level of support, it will fall like a rock and likely take the stock market down with it!  "But don't the dollar and the stock market trade opposite of each other... you ask?".  Yes they do... for now! But I believe that at some point in the future, they will trade in sync with each other.  Meaning, when the dollar falls, so does the market... and when it rises, so does the market.

Why you ask?  Simple really... right now investors look at a weaker dollar as positive for American companies that sell goods and services to other countries.  This results in high profits for those companies, which means better earnings, and a rising stock price.  That well remain true until the dollar hits a level that cause fear into investors because of inflation rising.

Those higher profits on a weaker dollar won't mean much if American's can't afford to feed themselves or drive to work because of hyper-inflation that's coming!

Meaning, a weak dollar will cause weak profits in American companies because people will be too poor to buy anything anymore.  Therefore, earnings will fall, and so will the stock prices of those companies.  Who will be able to afford an iPad when they can't pay their electric bill?  The crap will hit the fan, as companies start laying off more people because of low sells... which leads to lower sells as those people that are now unemployed will stop buying goods and services too!  It's a vicious cycle that will cause the Great Depression Two!

To get an idea of what will happen, you have too go back and look at the fake documentary the Illuminati made called "Oil Storm".  (Download it here: http://reddragonleo.com/OilStorm.avi)  They made this movie shortly before they (George H. Bush, George W. Bush, David Rockefeller, Jay Rockefeller, Henry Kissinger, Bill and Hillary Clinton, Dick Cheney, George Soros, Warren Buffet, etc... most of which are Reptilian Shape Shifters) attacked New Orleans by creating Katrina with their HAARP weather weapon.

You need to re-watch the movie and pay attention to what hasn't happened yet... like the woman freezing to death in her apartment because she can't pay the electric bill.  This is because of the death of the dollar, where hyper-inflation makes people's $500-$1,000 per month social security check only capable of buying half as much as it did just a few years ago.  Yes, the government will still pay the people their welfare, social security, and pension checks (I think they will?), but each dollar will be worth so much less that it won't be enough to pay the bills people have.  Many older people will die from freezing to death in a really bad weather, or from starving because they can afford to eat.

Let's also not forget about their medicine that they won't be able to afford as medicare and medicaid will make cut backs where they will stop paying for certain prescriptions.  Make no mistake about it... this is the evil plan that the Illuminati Reptilian Gangsters have planned for a long time, and they intend to make it happen.

On another note, Ben Fulford seems to know the order of defaults coming...

While you certainly can trade off of what Benjamin Fulford tells us, it's still great information to know.  He does tend to assign dates for stuff happening, and they rarely are accurate.  I'm sure this is the Illuminati's way of trying to discredit Ben, as they change there dates when he discovers one and announces it to his readers.  This is actually a good thing, as it means that they can be stopped.  If enough people discover their plans ahead of time, they will be forced to change them.

Lindsey Williams stated that too many people are waking up to the enslavement that the Illuminati Reptilians have had them in for 4,000 plus years, and that it's forced them to back down from their plan to raise oil prices to $200.00 per barrel.  They apparently pushed that off until next year, but I suspect it will be an overnight surge in oil by some false flag attack they stage, as trying to rise the price up slowly isn't working too well for them right now.

Anyway, back to Ben Fulford and his latest...

The gangsters are still losing their grip slowly but surely as their money supply is still cut off by the White Dragon Society (the good guys).  According to Ben, there is more then enough money out there in the world to rescue all the countries facing default, but that money won't be used until the gangster cabal is removed from power once and for all.  This means that the gangsters will certainly default at some point soon, as they can't keep this ponzi scheme going without access to more money... which the currently don't have.

Ben sees the defaults coming in the following order... Greece, Ireland, The Baltic States, Spain, Italy, France and finally The United States.  Between now and the end of the year is certainly going to be a very scary time of our lives it seems.  Some good news seems to be the fact that the Evil Illuminati Reptilian Gangsters have backed off from their attacks on the New Madrid fault line (using HAARP) here in the Mississippi River area in America.

They also backed off from their attacks on Mt. Fuji in Japan, which they were trying to get to explode (using HAARP again) sinking Japan into the ocean for sure.  The Japanese people are one of the few that have stood up to the Evil Cabal, and risked everything to do it.  They have been attack by these piece of crap scumbag lizards for doing so... which makes my blood boil with anger toward these murdering bastards!  In my book, the people of Japan are hero's!

However, let's not lose track of the facts...

The Illuminati are still in control right now, as evidence clearly says so.  The recent April 30th to May 1st Legatus Gangster meeting was the top in the market and a major turning point for it.  I still believe that the next Legatus Illuminati Reptilian meeting will be the top of the market too, with what I speculate to be a Major Wave 2 up ending just before the week of October the 23rd... the last day the gangster meet.

That also works well with the charts right now, (assuming the August 2nd date is our turn date to start Major Wave 1 down... which should go well into late September I believe).  Then rally up into late October (fooling a lot of bears that will assume that October will be down as much as September and/or August... which it still could be, but after October 23rd).

But, if the gangster truly do lose control of the stock market, then who knows what will happen?  Maybe the good guys will rescue the economy with all that money they have waiting to help us (which they will only use once humanity is freed from the Reptilian Bush, Clinton, Cheney, Rockefeller, etc... gang), and the market will rally!  If so, then we should see the public arrest of these people for murder... but I doubt if that will happen between now and the end of the year.

So, that leads me to believe that they will still retain control of the stock market and that the planned crash will still happen at the end of the next Legatus meeting this October 23rd, 2011.  Between now and then we should see the start and conclusion of Major Wave 1 down and 2 up.... which both should be very profitable if you can figure out the bottom and top of each wave?

I'll try of course, but I'll need your help.  I'm sure they will start putting out multiple FP's as to where they plan to take the market too... so keep your eye's out for them, and post them here on the blog (or email them too me, and I'll post them for you).

On to the short term charts...

The 2 hour, 60 minute, 30 minute, and 15 minute charts all show a rising wedge that should breakdown soon.  While it could be argued that the charts put in a bull flag on Friday (which would lead to another move up on Monday), I'm not so sure on that call?  It looks like a failed bull flag too me, which means it's free to gap down on Monday to break the rising wedge.  Will it?  I guess that depends on how the overseas markets react to no agreement being reached on the debt ceiling over the weekend, and how much of that spills over into the US markets?

Personally, I think we will gap down on Monday, but that's just a feeling and not something I see in the charts.  The daily chart is still going up and could rollover at anytime now, while the weekly argues for another positive close by next Friday.  Of course that doesn't mean we can't go down first, and then rally later in the week.  And the weekly is also coming up on resistance on the Full Stochastic, which also are hooking over right now.  This leads me to believe that this will be the final up week before the selling starts.

Let's also not forget the New Moon is this July the 30th, a Saturday... which has been a pretty accurate turn date indicator (+/- 3 days) over the last several months.  No matter what the government gangsters say about on August the 2nd, I see a big turn coming.  Will it be an "up move" or a "down move"... that is the question?  Assuming the market doesn't crash this coming week and only puts in a "B wave down", I'd expect the move going into the turn date to be a final up move... meaning that the move after the turn date would be down.

Adding it all up, I'm sticking to my guns that we will see an ABC move up into our turn date window, followed by a big sell off in August.  As for the FP on the SPY of 138.86... it's a target, but not a guarantee, as it's an old print and could have been changed by now?  I'm only focusing on the time period, and not specifically the price level.  We shall see I guess...

Good luck as always,

Red

 

The Launch Of My New Website StockMarketBloggers(dot)com

Red
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105

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=oE3Aioth94k )

Red
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Monday Update...

(to watch on youtube: http://www.youtube.com/watch?v=NNxSbcpUxL8 )

Red
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After 3 weeks of tinkering around, fixing pages and plugin's to work properly, I've decided to do a Pre-Launch with what I've finished and work on it as I go. After all, it's what everyone does... launch it first, and fix the bugs later as they are discovered! So why should I be any different?

But before I go into that...

I need to let of a little steam. I've had one of those days where everything seemed to go wrong... I'm sure you've had one too! From the gout that's attacking me and making me hop around like I have a broken ankle to the flat tire and the 2 hour wait at Goodyear Tires to get it fixed... and then the added crap that I'll be working this Sunday (I usually take Sunday's off, and work various hours during the week because my schedule is flexible)... and finally the constant heat and rain that makes it even hotter when it finally stops, I'd say I'm pretty frustrated right now!

So forgive me if I start rambling on some tyrant about some subject that has nothing to do with the stock market. I'll eventually cover that subject too. (Besides that, I give you all week to read the post now, as I only do video updates to the weekend post instead of a new post every day). I have to remind myself from time to time that I started this blog to post my thoughts on the stock market, but fell down the rabbit hole and discovered the Reptilian Aliens as the ones' pulling the strings behind the curtains making the Wizard of Oz look real.

Now that I know that it's all just an Illusion, just like the word "Illuminati", I've gotten a better understanding of the game they play and how it shows up in the charts before hand... if you know how to read them properly? The news events are all timed perfectly with the charts, so they can panic you when the market is bottoming and get you to buy when it is topping.

While I'm not sure what will be said next week to ease the fear in the market, I do believe something will happen and allow the market to rally. How far is the question I can't answer, but I do see a rally attempt starting. If it plays out in an ABC move then the A wave up and B down could have next week ending about flat, slightly up, or slightly down. Then the following week would produce the C wave up and end the last week of the month with a nice positive close.

(to watch on youtube: http://www.youtube.com/watch?v=Z1NQHJSk29s )

The New Moon Matches Up With The Debt Ceiling Deadline...

This works out nicely with August 2nd debt ceiling deadline period as being the top in the market. I'm not sure if we are going to put in a new high (hitting my 138.86 SPY FP from March of this year), or a lower high... but my gut tells me it will go about the current high. Why you ask? Because that would surprise the most amount of people, and wipeout the last bear.

Then you would have to shock the market with some surprise news around the date of the debt ceiling vote. What could that be? I don't know? Maybe they will hint at the debt ceiling being a obvious necessity, that will surely be passed... and then they don't pass it? Or it could be some other economic event, like a larger country defaulting on it's debt? It doesn't matter what the news is, as we all know it's already planned and will happen anyway.

We just need to be prepared around that period. The New Moon is on July 30th (a Saturday), and the deadline is on August 2nd (a Tuesday). While these new moon cycles and full moon cycles are perfectly accurate (as to calling the tops and bottoms) they have been very close lately. As long as all the other cards line up in place (which I believe they do), this coming new moon should mark the next top... whatever it will be?

Jumping Back To My New Site StockMarketBloggers.com

Ok, I want to go over the new site I put up for everyone to join. It will be in a pre-launch testing period from now until maybe this time next month (about 30 days). After that, I plan to start marketing it on the Internet heavily (as well as this site too, so traffic should start to pick up here and you could see some new commenters). During this pre-launch period I will depend on everyone to give me their input so I can make changes to the site to improve it and make it as easy as possible for everyone to learn, navigate and post on.

It's a lot different then this site, as first... it's not just a "red pill taker" site, it's for everyone and focused exclusively on the stock market. Secondly, it's setup with a plugin called "BuddyPress" that is basically a simple "Social Network" where like minded people can discuss the market, promote their blog (if they have on?), make friends, etc...

There Is NO Other Site On The Internet Like It...

This site has a free chat page that is a great backup for when Disqus isn't working. While I'm sure it will slow down with a whole lot of people on it, (and frustrate everyone and myself too), it can still be fun and useful for those people that day trade and have been looking for a place to chat... that is still faster then Disqus.

Don't get me wrong, I'm not trying to replace the disqus system as I still use it and love it. It's great for what it's designed for, but if I had to compare it to something... it would be "email". Where as the chat page on this new site would be more like some "instant messaging program"... both have their purpose and need, which is why I installed it.

The posts on the blog are currently being pulled in with the RSS Feeds from the various bloggers we all know and love to read. Most are listed here in my blogroll, but I'll be adding more new feeds from new bloggers when they contact me and request to be promoted. I created this new site to promote all those bloggers that have great information but struggle to get traffic and comments to their blog.

Many aren't as lucky as I was, as some how I just got traffic (and comments) to this site by accident, as I focused on a niche that no one else was covering... "the dark side of trading", as in the Illuminati Reptilian Elite Gangster thieves that control, manipulate and run the stock market (hiding in their caves for fear that the sheep will wake up and go kick their ass!).

It was a subject that many were interested in, and I got some followers from it... p.s. I'm working on another site that is just exclusively for us "Red Pill Takers", but it's not finished yet. I'll let everyone know when it is, and we call all go deeper down the rabbit hole together (it's safer in a group anyway... LOL).

Back to StockMarketBloggers.com...

The BuddyPress Plugin has the ability to add a forum to it, so I did. While it's not as fancy as some forums, it's still a great place for "wannabee bloggers", (or bloggers with little traffic to their site) to start a forum thread (like a blog post) which could get them more well know in the blogsphere community and bring traffic back to their site (assuming they have one... if not, then maybe they will start one after gaining loyal followers?).

Anyway, I encourage everyone to go sign up at the site, browse around, join/or create a group.... and start a new thread in the forum (again, like creating a new post... but it sticks around for much longer as it doesn't scroll down to the bottom of the page like a old blog post does). Be sure to watch the introduction video in the header on the main page (also located on the page called "watch me first"), and then check out the FAQ's (video's) page, as that should tell you more about how to use the site.

Finally, On To The Market Next Week...

If all goes as planned the market should rally up on Monday and struggle, but eventually I see a nice wave A up to be put in with and expected top at either the resistance level of 1331 or 1340-1345 area (on the SPX), concluding probably by Wednesday (I give the latter the higher odds). Then a B wave down to put in a higher low with an expected target of around 1320-1325 area. That might be the close for the week on Friday or so?

Then the last week of July should produce a wave C up to make our new high (not positive on this, but I give this scenario the highest odds of a new high being hit before the August 2nd debt deadline). If so, then that week should be up very nicely, while this coming week should be choppy and possibly ending flat, with little gain or loss either way by this coming Friday.

By the way, the "very important" downward sloping trendling on the ES never did have a confirming break (2 days below it is needed to be a confirmed break, with the 2 day closing below the closing low of the first day). This trendline starts at the May 2nd closing high of 1352.25, connects at the June 1st closing high of 1307.50 and continues downward to present day.

There is a new downward sloping trendline (which I show you in my video) that connects the May 2nd high to the July 7th high of 1352.00 (closing level), and that level will become strong resistance to the market with the coming rally. Projecting it out 2 weeks into the future would put it around the high 1340's to low 1345 area... which is why I'm unsure if a new high will be put in or not?

I will be more focused on the time period it takes to reach that level of resistance, then the level itself. If the resistance is hit this coming week or early next, then it should pierce it and hit a new high (like the 138.86 SPY FP... or about 1388 SPX). If it makes its' first hit of the trendline on Friday the 29th of July, or Monday the 1st of August (the last trading day before and after the new moon on Saturday the 30th... a likely turn date in the market), then I think the trendline will hold the bulls back and NO high will be put in.

So, as you can see, it's never as simple as calling a date and price level for a top, but a combination of many things... which include the forecasted news, the charts of course, time to get there (as many have used "T" theory to estimate the next turn date), as well as Astrology (including moon cycles). Oh... and let's not forget the "manipulation factor" as we have too listen to the gangsters speak on TV as decipher their "buzz words".

Yes, when the Reptilian Illuminati Gangster Warren Buffet and his kissing cousin George Soros speak... I listen. After all, they tell you when the bottom and top is in... if you are listening closely? While I didn't heard either of the thieves speak Friday, I expect to hear something from one of them over the weekend or early next week. It should be something negative, indicating that the bottom is in... at least the "short term bottom". So, keep your eye's and ears open as I can't watch it all by myself... I do depend on all of you to help. 🙂

Ok, this post is long enough, so I'll end it here. Don't forget to go sign up at StockMarketBloggers.com, create a new group, and post a new thread. Please! Promote your blog there, as that's why I created it... for YOU! I don't really need a new site as I'm happy writing my deep dark posts right here on this blog... but I know many of you new bloggers (and old bloggers with not enough traffic) need a way to promote your stuff. That's why I did it... for you guys (and gals).

Red

Lindsey Williams Exposed The Elites Plan To Break America…

Red
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126

Wednesday Update...

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

Red

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Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=zkfFvPaDBK4)

Red

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Monday Update...

(to watch on youtube: http://www.youtube.com/watch?v=YccVMxMCMt0)

Red

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After being gone for over a month, Lindsey Williams is back with the latest evil plans by the Illuminati Gangsters.

Part One: http://www.youtube.com/watch?v=IuWcrCgztGU
Part Two: http://www.youtube.com/watch?v=wxGxBFhKMnc
Part Three: http://www.youtube.com/watch?v=Cwi6AsYwTHE

Here are some of the Important Points:

  • Gas will be stable in the USA over the summer, and remain below $5.00 per gallon during this time.
  • Crude Oil will escalate between September and the first week of December, 2011.
  • More rioting and revolutions will happen in the middle east, and spread throughout all the countries there except Saudi Arabia.
  • Gold and Silver will start rising in late August and continue through December, with a 25%-35% rise planned.
  • They are going to open the Bakken US reserve and Gull Island.
  • Obama recently opened up the Strategic Oil Reserve and sold it for $97 per barrel recently, as he was ordered to do so by the Evil Elite Gangsters.  This is part of the plan get oil up to $150-$200 per barrel by them.  American's will be forced to buy it back at higher prices from the gangsters, while they get it out of the ground for $16 per barrel (which would be about 60 cents per gallon for gas at the pump).
  • There will be a new currency called "The Petro Dollar", which will be used to buy and trade oil with.  The current dollar will be basically dead, as it will lose so much of it's buying power that people will beg the elite for a new currency.

But the good news is...

All this exposure by people like Dr. Bill Deagle, Alex Jones, Lindsey Williams, Benjamin Fulford, and many many more... (especially all the independent bloggers, tweeter's, and emailer's) has got the evil gangsters worried, and a bit scared.  They fear the sheep waking up, and don't like the current rate at which they are opening their minds up and discovering the lies that the wolves have been telling them.

This is pretty much how it was foretold in the bible... the bad guys lose in the end.  LOL!  Of course when I say "end", I mean the end of their rein of power.  I believe we are experiencing this time period right now and over the coming years we will see a new world with free energy devices and technology that will free everyone from the enslavement they currently have us in.

You see, I think that the Illuminati Elite Gangsters that are giving Lindsey Williams all this information are doing it to make it all happen as they plan it too.  Lindsey is probably being used without his knowledge to spread fear, which is what they want to happen.  They tell you repeatedly what is going to happen so you will just accept it and doing nothing to stop them.

But, what if their plans backfire this time and people actually do something to stop them?  Wouldn't that be a surprise?  LOL!  They think they are so smart and "high and mighty" that it will always go as they plan it... but one day it won't, and that time period is now.  They plan to control the internet and sensor it, but it will fail.  Even all the moles that put out on the internet that spread dis-information won't stop the coming awakening.  The truth will be discovered, as the sheep aren't as dumb as the wolves think they are.

So, what's in store for the markets this week?

(to watch on youtube: http://www.youtube.com/watch?v=D-vTjYa_-P0)

My guess is some selling!  While I'm still not sure if we have finished this wave 2 up (as it could be a final wave 5 up?), I think we will go lower early next week... and then possibly resume the uptrend toward our 138.86 SPY FP level.  I'm not positive that we will go up and hit it, but it's something to keep in mind when the selling stops.

The short term charts got oversold quickly on Friday's gap down, but turned back up into the last few hours of the day.  This could continue into Monday or they could roll back down early on.  The non-farm payroll report was horrible, and while that's what was blamed for the selling, we all know that the market was way overbought and due for a pullback.  I just don't think it's a "one day wonder", and that we will resume the uptrend starting on Monday.

It's reasonable to expect 3-5 days of a down move, to either make a wave 4 down with 5 up to follow, or to start the first subwave of a larger wave 3 down.  Either way, the expected move is down.  Once the market breaks through that support level around 1335-1340 spx, I think it could fall to as low as 1300 before bouncing.

The non-farm payroll report is a very common turning point in the market, which would mean that we would continue down, as the market was going up into it.  However, this week is option expiration week, which is generally bullish.  This tells me that we could be in for a very choppy week, with wild swings both ways... ending the week going nowhere.

So, with the daily charts still bullish (but overbought, and ready to rollover anytime), and the weekly chart still bearish, but trying to rise back up... it looks like a week of indecision as the bulls and bears fight it out.  I'd advise caution on any big trade positions until the week after opx, as again... they seem do the most manipulation during this period.

There is a full moon on the 15th, which could be turn date?  We could put in a bottom for our wave 4 down with wave 5 up to follow... which means a possible target low of 1300 spx?  Or, it could be a top... as in, "the final top", but I suspect we will go down into the 15th (which happens to be opx), as I think the bull train is full right now and needs shaken!  This doesn't mean it will be straight down, but I do expect the overall week to end in the red.

After listening to Lindsey Williams, I do get the feeling that the month of August could be the month that market starts the real downtrend, as we have basically been chopping sideways in a trendless market since about February of this year in a range of about 1000 Dow point.  But, these moves up and down shouldn't continue past August, as then I expect it to be a "confirmed" downtrend (meaning it should be easier to just short the bounces and not fear another 1,000 bear squeeze).

Basically, the high put in this month... whatever it is (138.86 spy?) should be the high for the year, and for a long time to come.  Remember, after this high is in, I expect the real major wave 1 down to start and continue through August, and maybe a little bit of September.  Then a major wave 2 (up) to carry us up to the week of October 23rd, where the end of next Legatus meeting is, and the probable start of wave 3 down (inside primary wave 3 down).

That's all for now.  I'll do more updates during the week.  Last week I slacked off, as I was very busy with another project.  Good luck everyone...

Red

A New High Is Coming, But First Another Wave Down!

Red
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1,309

I think we are on our way to the 138.86 FP on SPY from March 12th of this year!

(to watch on youtube: http://www.youtube.com/watch?v=evge9nxoVQk)

But before that happens I expect another wave down. Since we have new FP of 134.46, that was seen by a poster on Cobra's Forum, I'd say we are likely to hit that level Monday morning and then rollover. While there is nothing saying that the FP is a turning point, the charts are very over bought right now and support a move down start as early as Monday.

So, since we are just inches away from it (we had an intraday high of 134.10 on the SPY Friday), it only makes sense that we reach it Monday before rolling over to the downside to reset the overbought short term charts. The move down should be some Fibonacci percentage and make our "B" wave in this ABC pattern up. It's about an 80 point move up on the SPX, so a move back down 40 points to 1300 isn't out of the question.

Regardless of whether it drops to the 38.2% level, 50% or 61.8%, I do not think it's our "Wave 3" down, but instead just a "B" wave inside of "Wave 2" up... which won't be labeled wave 2 once a new high is put in. Then I guess it will be some kind of final 5th wave in Primary Wave 2 up from the March, 2009 low. Whatever it's called, I think it's going to end around our old FP of 138.86 on the SPY.

The Gangsters sure do like to fool the sheep...

I'm not falling for this one again... that's for sure! I've seen them do this many times, and they always end up stealing the bears money. Yeah, it's going to look like "wave 3" down started as the selling could be quite powerful, but I fully expect it to be just another bear trap. They may push it down close to the current low, but I firmly believe it will stay above it and put in a "higher low", allowing for that last "C" wave up to the FP level for a new high. It's looking a lot like 2007 did!

My plan is simple... wait for that newer FP of 134.46 to be hit (probably at the open, or shortly afterwards if it opens slightly down and then pushes back up within the first hour or so), and take a short position for move down early in the week to at least the 38.2% Fib level. Then at some point I'll look to go long for the final move up to 138.86 or so.

I'm not in any hurry to go long, as they will likely go further down then just the 38.2% Fib level... mainly because they need to shake out some new bulls, and get some more bears onboard. We could bounce around the 1320 spx area (it's the downward sloping trendline that they just broke through on Friday), as that would be a backtest of what is now support. But, I'm not too excited about jumping on the bull train there, as it's weak support in my opinion.

There is a stronger support level around the 1300 area, which is where I think this market is headed too next week. Then the following week is options expiration, which is usually bullish. They like to get everyone on the short side the week prior to it (this week) and then squeeze the week of OPX, so all those newly purchased puts expire worthless. Just the evil game they play to steal your money... don't fall for it!

The week after OPX is usually when you'll see the market turn back down again. While that doesn't have too be a big turn, I've noticed that it does happen quite often. This leads me to believe that will we hit our FP target new high the week of OPX or early the week after. That 25th-27th period of most months is a common Gann turndate too, so I think we're on schedule to peak by then.

And on the Dark Side...

Not much going on that I can find on the Illuminati rituals for next week, but here's an interesting video by Phil Schneider in 1995.  He was killed 6 months later by the Illuminati gangters, but it's still new to lots of people... including myself.

(to watch on youtube: http://www.youtube.com/watch?v=FeF8z8UmZpc&feature=related)

Red

Time To Bounce Or Crash, That Is The Question…

Red
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840
Time To Bounce Or Crash, That Is The Question…

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=nX_ckxJ4OMs)

Red

____________________________________________________

Will the market bounce on Monday... I don't know?  It could crash, as the charts are still very bearish right now!

However, many of the indexes have actually hit their double bottom support levels from the first week of March early this year.  The S&P500 is one of the few that still hasn't hit that 1250 area, which means that we could still see some more selling early next week.  But, I do think that we are near a short term bottom before a nice rally back up to form a wave 2... and then one nasty wave 3 down!

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

If we do sell off some more next week it would likely be a final wave 5 down inside this larger wave 1, and should find support at the 1250 area.  This doesn't mean it won't pierce through it on some type of "flush out" move, cleaning out all the stops the bulls have just waiting to be cleared.  I'm just not sure if they want to clear them out now, or rally first and then go back down later?

It's a tough call as the market is resting on the 200dma on the daily chart, and should have a multi-day bounce from it.  But, it looks like it already had the mulit-day rally from the first hit, therefore the second time is a weaker support level that could be broken very easily... especially when you notice that on a weekly chart the 50ma is coming in at 1235 and should act like a magnet for the market to hit.

That leads me to believe that we could see more selling early next week before any relief rally starts.  The only wildcard is if they come up with some perceived fix for the Greece problems... (or some surprise stimulus put into the market).  Right now I just don't see it happening... which makes me believe that we are likely to continue down more next week, before any relief rally.

While I'm looking hard for a reason for the market to bounce, I'm not finding any.  Yeah, we should rally, and yeah we're over sold on many charts, but I'm having my doubts on any rally coming until we go lower first.  I'm a bear in disbelief right now, as it doesn't look like the same market we've seen for the last 2 years, where every sell off was met with a wall of bulls pushing it back up.

So... Where's The Bulls?

Did they all die when the stimulus money ended?  It certainly looks that way now.  I'm beginning to believe that "oversold" can stay "oversold" for much longer then we think it can... much like the last 2 years with all the "overbought" being ridiculously "overbought" to the point of insanity for any trader to believe.  I guess we have truly (and finally) started Primary Wave 3 down, as the market just feels different this time around... don't you agree?

As for the short term charts, they are all mixed.  The 60 minute is pointing up, the 30 minute down.  The daily is pointing down too, but from oversold levels.  I'm just not sure what to think about Monday?  It could go either way.  If there is light volume, the bulls could close the day positive... but if the bears want to attack, the bulls will retreat very quickly!

The bulls are seriously wounded right now, as a whole lot of technical support levels have been broken.  The bears are in full control, and only if they decide to take a day off and rest will the bulls regain any ground... and somehow I don't think they will rest until the 50ma is hit on the weekly chart.

This chart below (from Astrocycle.net) shows an interesting correlation with the current bottom and vix level of 24, with the previous bottom and vix level of 28.  This could mean that one final move down (in some type of 5th wave, inside of a larger wave 1 down) is yet to follow.  The question is... will it come early this week and then rally back up, or rally up a little first and sell off later in the week?

Another interesting thing on the chart is the blue and red tick lines at the top of the chart.  Reading them I would come to the conclusion that a move up would happen first.  This is the 60 minute chart, so if it does move up first, it shouldn't last more the a day or two.  Not shown on the chart is the next moon cycle on the 3rd of July, which could be another turning point... meaning that we should put in a bottom or a top.  I don't know which, but if we go up early in the week, and then back down... I'd say a bottom.

Of course the opposite is true if we sell off to the 1235 area first and then rally into the first week of July, as then I'd expect a top to be put in around that moon cycle, followed by a much larger wave down to follow.  All in all, I'm just going to say that calling the short term direction right now is a very tough call.   But, a lot of evidence points to the high being put in, and Primary Wave 3 down starting... meaning, sell the rip's is the new theme!

On the darkside... nothing much worth mentioning right now.  The old cabal gangsters are still in control, but slowly being pressured out.  More recently they fled in fear from the Bilderberg meeting under threat of arrest... the first time ever!  LOL!  Here's the latest interview Ben Fulford did with Jeff Rense.

(to watch on youtube (part 1 of 4): http://www.youtube.com/watch?v=2eGNbnAplDs)

Part 2: http://www.youtube.com/watch?v=nGymXBLvWo0&NR=1

Part 3: http://www.youtube.com/watch?v=zUpeafs621s&NR=1

Part 4: http://www.youtube.com/watch?v=QdnHMO9IUQ0&NR=1

 

That's it for now gang.  If you find an interesting story, email me it and I'll put it up here on the blog.  Good luck as usual...

Red

Bear Squeeze Coming Soon As Wave Two UP Is About To Start…

Red
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86

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=JEjRebT4Ph0)

Red

_____________________________________________________

Now that everyone (including Grandma and the local shoe shine boy) is all aboard the bear train... it's time to steal their money!

Yes folks, as bearish as I am about the economy and the Great Depression Two that we are entering, nothing goes straight down forever.  If it did, then the little guys would make money and the big boys would lose money... which you know isn't going to happen.  The wolves will always trick the sheep into giving their money to them (unwilling of course).  This time is NO different!

(to watch on youtube: http://www.youtube.com/watch?v=I9UT1Kqy0fE)

Just about all the charts are in oversold levels and area's of "capitulation"... meaning a strong rally is coming soon.  The market is at major support level's on all most all of the different indexes, and should force a multi-week rally to start this coming week.  While I'm not sure what each day will bring next week, I do see positive close on the weekly chart.  This should start a wave 2 up that should go up higher then most bears expect... meaning, it could go above my previous thoughts of 1320 spx.

Here's my thoughts if Scenario One plays out...

While the daily chart is about to get a crossover of the 50dma over the 100dma, confirming the new downtrend, I do expect that to be hit (currently around 1320) and pierced through.  Call that area the last "bear trap", (as I'm sure there will be many before it), as one finally push up to a double top from the 1340 area should follow.  However, by the time the market makes it up to the 50 and 100 day moving averages, they will likely be lower around 1310 or so.

I do expect a pullback in that zone, but I don't think it will be the start of wave 3 down, but instead just a wave 4 pullback from a 5 wave push up inside this larger wave 2 up.  The charts are just too bearish right now and all those bears need to be squeezed out before the next larger wave 3 down starts... at least that's what my theory is on this Scenario.

The other possibility is Scenario Two...

The only thing that would make me think differently is if the rally was extremely fast... as in "less then 2 weeks".  Then the necktie of resistance where the 50 and 100 day moving average cross would slam the market back down hard and fast... which would then be the likely start of larger wave 3 down.

However, I think a more longer and choppy ride up will occur, that takes 3-5 weeks... allowing the daily chart to move from the -15 area on the MACD's to the positive 10-15 area (Scenario One).  That would turn the weekly chart back up and the Full Stocastic's would make a short lived hook pattern like the June-July period of 2010.  This would allow for another wave down as the Histogram bars move up putting in a higher low (making a positive divergence) while the market makes a lower low (the 200ma around 1150 would be my best guess for a target bottom).

Here how I see it all playing out...

The "reverse engineering" thoughts are that we start will the week of October 23rd as being the start of the Wave 3, of 3, of 3, of 3, etc... and work our way back.  Since we have likely topped for the year I'd say that we are now in Primary Wave 3 down, ending Primary Wave 2 up from the March 2009 low at 666 spx.  Then I'd speculate that the first Major Wave 1 down will conclude around the 200ma around 1150 spx.  From there we should rally back up for Major Wave 2 into October.  A likely target would be the 5oma ,or 20ma (on the weekly chart again).

Ok, then we should start the first Minor Wave down inside of Major Wave 3 down (inside of Primary Wave 3 down), and bounce back up at some point prior to the week of October 23rd for that Minor Wave 2 to end.  Then we should have Minor Wave 3 down, inside of Major Wave 3, inside of Primary Wave 3 start... which should be the most powerful wave since the first Great Depression in 1929!

This is where you should see a 1000 point drop in one week happen... yeah, scary stuff!  It all centered around the Elenin (Planet X or Nibiru) crossing between the Earth and the Sun causing an massive Pole Shift wiping out 80-90% of the world population.  Will it happen, or is it just a hoax that the Illuminati created to bring on the end times prophecy foretold in the Bible?  I can't answer that of course, but if it is just a hoax, it's the best magic trick these evil reptilian gangsters have done yet!

Here's a video explaining the path of Elenin, according to the NASA website, (which is of course controlled by the Illuminati), so that begs one to wonder why they are making the information available to the public?  Do they want to create fear on purpose so they can bring about the end of the world?  By giving people access to the site they are encouraging us sheep to spread this horrible news around the internet... which serves their agenda with the creation of the "New World Order", where we will all be "chipped" and monitored 24/7... for our one safety of course.  LOL!

However, there is the other side of the story from people like Dolores Canon who believes that the good Aliens (the Pleiadeans... or Angels?) will protect Earth from a pole shift happening as everyone thinks will occur.  According to her, we are splitting into another different earth and this new earth will a wonderful place.  Here's her story in this video below.  One incredible woman she is, and someone I respect and believe is telling the truth as she knows it.  I would truly love to met her and learn how to heal people like she does.

There is also the insider "whistleblower" Dan Burisch that works inside Majestic 12, the government agency assigned to investigate all UFO crashes since the 1947 Roswell, New Mexico event.  There was even a TV Series called "Dark Skies" that was all about what Majestic 12 did.  According to Burisch, we are going down a different timeline then the one that the world is destroyed by a polar shift.  In that timeline, Hilary Clinton was president and assassinated while in office.  She looked into the "Looking Glass" stargate and seen this in her future, but Obama won the election which makes Burisch believe we are on another timeline.  This new timeline doesn't have the world experiencing a polar shift and killing billions (which is good news for us of course).

This first video is about Dan's history and his abduction as a young boy...

http://www.youtube.com/watch?v=KhK3Os_eE4g

This video goes more into his part in Majestic 12, and his communication with J-rod alien...

http://www.youtube.com/watch?v=fYpbzHltJc8&NR=1

The conclusion to this interview talks about the Men in Black...

http://www.youtube.com/watch?v=-nn5-PATk6I

This one talks about the stargates and the different timelines...

More about the timelines and the stargates...

Putting this all together with the rituals that the Illuminati Reptilians are trying to make happen, leads me to believe that any event that happens (or not?) will still make this October the ugliest one in the history of the Stock Market!  Regardless of whether or not the Elenin event happens or not, the market is still doomed.  The gangsters will eventually be forced to crash the market to destroy America as planned, and wipeout all the derivatives that they created indebting the public for generations to come.  They know it's not possible to pay the debt, so they must eliminate it with the coming crash.

Moving on to the short term charts...

With Monday having double POMO, and the daily charts looking ready to point up, we could have a big rally occur.  The 60 minute charts now have a 3 point positive divergence which also leads me to believe a strong move up is coming Monday.  The dollar also hit a major resistance level on the weekly chart, and should go back down too.  Then there is the extreme... and I mean extreme, put to call ratio.  The bottom line is that too many people are way too bearish right now.  Everyone can't be on the same side of the trade, or else there wouldn't be a market to trade.

So, if you are a bear, you might only have a few days this week to exit your position before wave 2 up squeezes all the bears.  Since the 60 minute chart is pointing down on the histogram bars, as well as the 30 minute chart, I'd guess that early Monday might be the low for the week.  An "inverse head and shoulders" pattern looks to be forming now, and should push the market up for several weeks.

I do think it will be choppy, but overall I expect the short term trend to be UP for now.  I don't know if it will be Scenario One or Two, as one has us going to about 1310 and the other to about 1350, but we should be able to get a better idea once the move up starts.  After it is finished, again I think we will go down to about the 1150 area at the 200ma on the weekly chart.

This is looking a lot like the fall period in 2007, with the September-November 2008 period coming this October.  Right now we are above the 200ma on the weekly, but once it goes below it... look out for the "crash of all crashes" to start!

Red

A Bounce Is Coming Soon And Then More Selling… 1987 Style!

Red
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111

Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=IFmQhQE3RC8)

Red

_____________________________________________________

So when is this bounce?  Odd's favor the 1250 spx double bottom area...

(to watch on youtube: http://www.youtube.com/watch?v=bFF-48nBl3c)

While nothing happened over on 6-11-11 (which is a good thing), that doesn't mean the selling is over.  Instead, it simply means that a crash isn't likely to happen next week, and a relief rally is.  Remember, next week is option expiration, and you know how the gangsters like to steal the premium paid for those options by making them expire worthless.  So the question is, are there more "puts" or "calls" set to expire this coming Friday?

I think you already know the answer to that one, but just in case you don't, take a look for yourself... http://bigcharts.marketwatch.com/quickchart/options.asp?sid=9864&symb=spy

Do you really believe the gangsters are going to pay out on 71,530 puts at the 127 spy strike price when there are only 4,935 calls?  I seriously doubt it.  While I do expect more selling on Monday, I also expect a rally the rest of the week... making the 130 spy puts and below expire worthless by Friday.

However, after this rally is done, I do expect the selling to continue soon after wards.  This is only beginning I believe, not the ending and then resuming the P2 rally.  In fact, it's highly likely the Primary Wave 2 (P2) has ended and we are now in P3.  There are lots of technicals to support that theory, and other news related events too.

For one, there is the end of Quantitative Easing Two (QE2), which has an end date  of June 30th (I believe that's the date?... I know it's this month).  While I'm sure there will be a QE3 (not named that of course, but having the same effect), I don't see it happening until we go much lower in the stock market.  Remember, these gangsters are heavily short right now, as they took the stolen money (several Trillion) that was frozen for 10 years after Osama Bin Laden's (Tim Osman) death in December, 2001 of kidney failure in a hospital in Minneapolis, Minnesota.

This was the money used to crash the silver market, and I really doubt that it's over with yet.  The goal of the evil reptilian Illuminati gangsters is to make American's so poor that they can't afford to rebel against them.  There is a whole lot more humans on this planet then reptilian shape-shifters (like George H. Bush, George W. Bush, David Rockefeller, Jay Rockefeller, Bill Clinton, Hillary Clinton, Henry Kissinger, Tony Blair, The Queen of England, and list goes on... ), which is why they feel us sheep waking up to the truth about the matrix we live in.

(to watch on youtube: http://www.youtube.com/watch?v=rWVPzQLKGbE&NR=1)

(to watch on youtube: http://www.youtube.com/watch?v=AFa57sY5FEA&NR=1)

(to watch on youtube: http://www.youtube.com/watch?v=Z74GOlNPYv8&NR=1)

And in this video, she names "names" of those that she's seen shape shift in these sick rituals...

(to watch on youtube: http://www.youtube.com/watch?v=fonXzDOm290&NR=1)

Each video above is only a short 10 minute section of a 3 hour interview of Arizona Wilder do by David Icke, and I've recently watched all of them twice now and I'm amazed at how many programmed people are now able to come out with the truth, and how sick these reptilians really are.  Eating human's in ritual sacrifices, after terrorizing them and torturing them is not something everyone can easily believe.  But none the less, this story seems too be the same with everyone that breaks free from the Illuminati.

When you think about the "End of the World 2012 Prophecy", it makes a lot of sense now as to "why" the greatest stock market crash in history is coming this year and next.  After all, if these reptilians want to bring on their "New World Order" and enslave mankind even more then they already are doing, you have to break the spirit of the people by making them to poor to care about all the new laws that will be written to control us sheep in every aspect of our life.

(to watch on youtube: http://www.youtube.com/watch?v=2Q_2QD58IVo)

Therefore, I can only conclude that this fall will be the time period that the largest sell off of the stock market will occur.  It should be a multiple of "wave 3's" in elliottwave terms, and not be seen again for a hundred years or more.  In fact, it should be worst then the 1929 crash, so there really won't be anything in modern history to compare it too.  This has been planned by these evil reptilian illuminati gangsters for a very, very long time.

Make no mistake about it... it's coming!

Regardless of whether or not the "white hats" (the good guys that want to free humanity and bring on a world of free energy devices and technology) succeed or fail, the crash is still destine to happen.  Why?  Because all the damage that has been done is irreversable now.  The massive run in real estate, and crash that followed is going to take a very long time to find a bottom and start a recovery.  There is still tons of "shadow inventory" that the banks still haven't put on the market for sale, as there already isn't enough buyers to bid up the prices of what's already on the market.

Then there is the massive printing of money that was used to hold up the stock market over the last 2 years.  That has ended for now, and I don't see it starting back up again until either a time period that the gangsters want to (which will only be when everything has crashed, and they can buy up all the assets of America for pennies on the dollar).  Even if the good guys win, they will simply start a new currency (maybe the "Treasury Note") that will be backed by gold, silver, oil, etc..., but this can't happen until after the crash.

As you can see, it's a "No Win Situation" for the Stock Market... It must Crash!

Let's not forget about all the derivatives that the reptilian gangster indebted America with.  Guess what?  They can't possibly be paid back.  Some say they are over a $100 Trillion Dollars... yeah, kinda mind blowing huh!  This means a crash is imminent, and can't be stopped... not by the bad guys, good guys, aliens or angels.  Basically this tells me that the odds of the "Top" being put in for the year (and many years too come) are extremely likely now.  I don't see any rally back up to the 138.86 spy FP now.  It was likely a false FP, meant to mislead us sheep.

It's best to start looking for the downside FP's, as I'm sure a few of them are real one's, and will be hit.  Besides that, many of the the FP's are at support level's anyway... which means that level should be a short term bouncing point for a relief rally to happen from.

As for this coming week, I still think we'll bounce for multiple days from the 1250 spx double bottom area.  The charts are extremely bearish now, and bear squeeze is very overdue.  This being an "OPX Week" gives it the highest odd's of happening.  Plus, I think we set a new record for most consecutive number of weeks down in a row on the spx, with 2002 being the last time this happened.  I expect to see many new records set this fall.

Common monthly turn dates are the 25th-27th...

I've stated previously that common monthly turn dates are the 25th-27th of most months.  This happens a lot because it's the week after option expiration and the starting week of the next months' opx.  This really leads more evidence to my thoughts that the market will rally next week, as I don't see this coming turn date period as being a bottom in the market.  In most of the time periods in the past, it was a turn down in the market... and I expect the same thing this time.

This means we should have a 2 week rally, starting next week and ending by Friday the 24th... followed by another "more serious" move down in the market.  I suspect this week to be a nice solid white candle close, with very little of a topping tail, and next week to be more like a doji or spinning top pattern... but still closing positive.  Remember, the market rarely goes straight down, and 6 straight weeks down is pushing the limit right now.

While the market could go down to the 50 MA on the weekly chart, (coming in around 1226 spx), I don't see it happening next week.  Again, the "put to call" ratio is at extremes right now, and with it being opx week, I don't see them allowing the bears to cash out with all that money they've made on this sell off.  I think a bounce back up for 1-2 weeks first is coming, and then move lower toward the 200 MA on the weekly chart is more likely to happen.  (That's about 1165 right now).

As far as the charts go, most of them don't support my speculation that the market will rally next week after a lower low on Monday (hitting the 1250 spx double bottom area).  Only a few chart say that a turn is coming (but in those don't support it happening next week).  Most charts still point to another red week happening, so just be aware that my forecast isn't 100% based on the charts this time.  They are instead based on past history of other opx week's, extremely high bearish reading, number of weeks the market has been down in a row, turn dates later this month, full moon on Monday the 15th (putting in the low before the bounce), etc...

So all in all, I'd just conclude that if you are already short, and not in something that decay's with time, then just take the rest of the year off.  While I'm sure there will be bounces along the way, the new trend is now DOWN... as planned and executed by the evil reptilian gangsters years ago.  It's just a game that they play in this matrix we live in.  Understand that, and getting the timing of the game is the key to winning in it.  Well, maybe not winning, but at least not being one of those sacrificied and eaten.

Good luck as usual to all the humans, and to the reptilians out there... your time is near over on this planet, and I'll enjoy the day I can make a nice steak dinner out your flesh... and feed it to some random crows looking for something sick to eat.

Red

 

 

Is The Stock Going To Crash This Week?

Red
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1,125
Is The Stock Going To Crash This Week?

Thursday Update...

(to watch on youtube: http://www.youtube.com/watch?v=ZFndCEfZlL8 )

This video says that there is a Bilderberg meeting this weekend. The same gangsters that attend the Legatus events are also members of the Bilderberg Group. They set policies, laws, and more importantly... they control the direction of the stock market! What do they have planned next? Will we see another False Flag event on 06-11-11, causing the stock market to crash on Monday?

(to watch on youtube: http://www.youtube.com/watch?v=6vEiWw1FIX8)

Red
_____________________________________________________

Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=ggeDqS4yXNU)

Here's a video for Geccko and Richie...

(to watch on youtube: http://www.youtube.com/watch?v=2CP6DP-ZXOQ)

Red

_____________________________________________________

It certainly doesn't look good for the bulls... that's for sure!

While the bulls aren't officially dead, they need to make a stand this week or else they will lose the 1294 (spx) major support level.  Once that goes, 1250 is going to act like a magnet.  At this point, the high could be in for the rest of the year?  While I'm still not sure if the 138.86 spy FP was real or not, I don't think it's going to be reached for several months at minimum.  The charts tell me that a long term high might have been put already.  I'm not sure yet, but we may have started Primary Wave 3 down.

(to watch on youtube: http://www.youtube.com/watch?v=0FGlp4hSHhU)

Some interesting news has come out to support this theory too.  It seems that Tim Osman (Osama Bin Laden real name), who was indeed dead in 2001 from a kidney failure, managed to use the money that the Bush-Clinton Crime Family Syndicate (the Cabal) gave to him and turned it into Trillions of dollars.  The money was used too train people to conduct terrorist acts that the Cabal wanted to happen.

Osman (Bin Laden) was a trained CIA operative himself, and trained others how to do these attacks.  This people were known as the "CIA Database", which translated means "Al Qaeda".  Put simply, Al Qaeda is CIA agents.  So, Tim Osman (Bin Laden) did as he was told by George Herbert Walker Bush (Daddy Bush), but also used the money given to him to run Heroin and multiplied it many times.

Upon his death the money was frozen, and couldn't be released until 10 years later.  That brings us up to 2011, in which the Cabal managed to steal this money funnel it to Goldman Saches and JP Morgan Sunday night at 4:19 PST May 1st, 2011.  JP Morgan was about to be liqudiated if silver hit $50.00 and ounce, and they quickly used this stolen money to crash silver by establishing many new short positions in the COMEX silver futures before the open Monday.

This all happened 5 hours before Obama announced the death of Tim Osman (Osama Bin Laden).  Silver dropped $5.00 in 40 seconds and is still currently new downtrend.  This money will probably be used for QE3 at some point, but right now I think they plan on crashing the market over the next several weeks.

Then there is Dominque Strauss-Kahn, who was setup and arrested because he discovered that all the gold in Fort Knox is gone.  His source from inside the CIA has firm evidence that the gold is gone and replaced with Fake Gold Bars.  This all spells major trouble for the evil cabal (Bush-Clinton Crime Family Syndicate), they are clearly running out of money and quite desperate to save themselves before the crap hits the fan.

Since they don't have any real gold left to bargin with, and only this freshly stolen money from the now un-frozen Bin Laden account, you have too ask yourself a question... "if you were them, would you use the money to rally the stock up higher by buying long positions, or would you buy short positions and crash the stock market?"  Which one makes them the most money?

The answer is simple... Crash the Stock Market!

That's what I'd do if I were in their shoes, as it would all you rob the sheep again on the way down, and then rob them again when you buy it back up later at heavily discounted prices.  This tells me that the next few weeks are likely to blow through some serious technical support levels as the sheep don't see what's happening until it's over.

Let's not forget that this all happened right about the last Legatus meeting April 30th - May 1st... coincidence, or just great timing?  You know the answer to that one don't you... yeah, I thought so.  Since the next meeting is in October, and ends on the 23rd, I'd be willing to state that the current move down will be called Major Wave 1 (down) inside Primary Wave 3, and the rally going into October 23rd will be called Major Wave 2 (up) inside of Primary Wave 3 down.

That leaves Major Wave 3 down inside of Primary Wave 3 down for the week beginning October 23rd.  That one will make this current move look like a nuclear bomb went off compared to a grenade!  I hope everyone survives the coming Great Depression Two, as it's going to be ugly!

Looking at the short term...

The charts support a positive close on Monday, unknown on Tuesday, but selling the rest of the week is likely.  If we get a 50% retracement back up from last week, it would be another great shorting spot in my opinion.  One of the stock I'd be looking to short would be Goldman Sachs and JP Morgan... why? Because of the new trouble they are currently in from the New State Attorny's office as well as the Justice Department and the Securities and Exchange Commission.  I believe that the cabal plan to sacrificy one or both of these two companies.

Remember the FP here of Goldman? (http://reddragonleo.com/wp-content/uploads/fp-gs-61-05-on-03-21-2011.jpg)  Then there is to other FP on them from awhile back (http://reddragonleo.com/wp-content/uploads/2010/08/gs-fake-print-13-10-on-08-09-2010-by-raised-by-wolves.png).  How about this one on JP Morgan? (http://reddragonleo.com/wp-content/uploads/2010/09/jpm-fp-31-02-on-09016-2010.jpg).  Revisiting other FP's is probably a wise idea now, as it seems that we are certainly heading down now, and the print will likely be bouncing levels.  http://www.flickr.com/photos/reddragonleo

If this happens...

http://reddragonleo.com/wp-content/uploads/fp-usd-showing-82-50-area-on-02-02-2011.png

Then these should be hit...

http://reddragonleo.com/wp-content/uploads/2010/07/dow-fake-print-8300-01-on-july-07-2010.jpg

http://reddragonleo.com/wp-content/uploads/2010/10/fake-print-885-spx-by-Jason70-on-10-01-2010.png

http://reddragonleo.com/wp-content/uploads/2010/10/gold-fp-of-939-on-10-14-2010.jpg

So, for everyone that is already short, this it what I believe you have too look forward to.  These levels could be the end of Major Wave 1 down, and allow Major Wave 2 up to lead us into the week of October the 23rd.  I don't know how high the bounce will be, but it doesn't matter as we know when it ends.  If gold really does hit 939, it will be a huge buying opportunity, as the next run up should be the one that takes us to the 2500-3000 area that Lindsey Williams speaks of.  We might not hit that level until after the next crash bottoms (the one scheduled to start October 23rd, 2011), but when it does, I'll be a buyer.

Back to this coming week...

The best I can see is a 50% retracement early on, like on Monday or Tuesday... then a lot more selling.  The 60 minute chart needs to rally up and get overbought, and I suspect that will happen Monday, but could carry into Tuesday morning.  After that, it bull season again, and the bears have the rifles.

Good luck everyone...

Red

The Bin Laden Psyop

http://seeker401.wordpress.com/2011/06/04/tom-heneghan-the-bin-laden-psyop-parts-1-2-the-strauss-kahn-honeytrap/ or http://www.myspace.com/tom_heneghan_intel/blog/542882169

Russia Says IMF Chief Jailed For Discovering All US Gold Is Gone

http://www.eutimes.net/2011/05/russia-says-imf-chief-jailed-for-discovering-all-us-gold-is-gone/

Prosecutors 'ask Goldman Sachs to explain behaviour'

http://www.bbc.co.uk/news/business-13637004

 

 

 

Lookout For June The 11th, Another False Flag Could Be Coming!

Red
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101
Lookout For June The 11th, Another False Flag Could Be Coming!

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=UVt7jdVOQvc)

Red

One More High And Then A Serious SellOff!

(to watch on youtube: http://www.youtube.com/watch?v=r6CkWcNDLi4)

The selling pressure has about dried up I believe, as the about of traders bearish has reached extreme levels.  This tells me that a bear squeeze is coming soon, as you know the gangsters won't let those bears on the train when it leaves the station for good.

But before that happens, I do see a little more selling coming.  The rally over the last 3 days was on light volume and is into a serious resistance zone right now.  While I do see a bull flag on the 60 minute chart that should play out when the market opens on Tuesday, it will likely be an exhaustion move higher before a fall back down one more time.  That 1340 spx area should hold the bulls back on this first attempt and allow the bears to push it back down toward the 1311 double bottom area.

Now the question is... will a "higher low" or "lower low" be put in?

Considering that the market is in a downward channel I favor the "lower low" scenario happening.  The lower trendline of the channel should be around the 1300 spx area on Tuesday and that is my target for the low.  It also is a "higher low" from the previous 1294 low on April 18th... which would still allow the bulls to make a final run up for my FP of 138.86 spy (about 1388 spx) that I see believe will be hit before this market really tanks for good.

(to watch on youtube: http://www.youtube.com/watch?v=O3O-vNTQnC4)

While I expect this week to end up with a positive close, the FP (fake print) isn't likely to be hit until the next week, or even the week of option expiration.  It's common for the gangsters to put in a low 2-3 weeks before OPX, and then squeeze all the bears into that 3rd Friday... making all those "puts" they purchased expire worthless.  Time and time again, I've seen them steal money from the retail traders this way.  The game never changes, nor does the means... only the price points and day to day movement does.  They have too do that... so you won't catch on to them.

Days to look out for this month... June 1st, 6th, and 11th!

June 1st is the day that the "White Dragon Foundation" is officially scheduled to start operations (according to the latest from Benjamin Fulford), and could be a day that the evil cabal stage another 9/11 type event (or 3/11 event... saving the 9/11 event for this October, as I fully expect the largest stock market crash in history to happen later this year).  Of course they would do this because the WDF is being formed on that day (the White Dragon Society was formally the Black Dragon Society, but I guess they changed their name to look more positive?  Afterall, the Lone Ranger was white and the bad guys usually dress in black... except Johnny Cash of course, as I believe he was a "good guy" who commonly liked to give the Illuminati the bird!  LOL).

Personally, I don't think it will happen on June the 1st as even though the members in the WDF would know that the "staged event" was a message from the evil cabal (George H. Bush, George W. Bush, Henry Kissinger, Dick Cheney, Bill Clinton, Hillary Clinton, George Soro's, Warren Buffet, David Rockefeller, Jay Rockefeller, etc..., including their slave puppets like Tim Giethner, Ben Bernanke, Nancy Peloski, and to some degree Obama... even though he's trying to leave the gangster gang), I don't think the mass public would understand the importance of the date... therefore it's unlikely to happen.

Why you ask?  Because the Illuminati gangsters like to do bad things to the public on ritual dates... and I don't see anything ritual about June the 1st.  That leads us to the next date... June 6th.  Why that date?  It's not likely too happen either, as I'm no the only person that has failed to understand the meaning of the Simpson episode with the nuclear bomb going off, and the interpretation of the clock.  However, it's still possible that the hand on the clock pointing to the eleven and the hand between the 5 and 6, indicate "5 minutes until 6 o'clock.

This can further indicate May (the 5th month) the 6th, (already passed now, therefore incorrect), or June (the 6th month) the 5th (referring to "5 minutes until 6 o'clock)... which is coming up this week.  It also could still be November (the 11th month) the 6th, which came last year with nothing happening, but also comes again this year.  Again, I personally think that is all wrong too.  (Note:  what I discovered while doing the video is that June 11th could also be the date of another false flag).

Finally we have June the 11th, the day I expect something to happen...

Why you say?  The 11th is a key number (and date) for the Illuminati, which is why they staged 9/11 on the eleventh of the month (and also because the emergency help number is 911).  Of course most recently, they attacked Japan with the HAARP weapon (they being the gangster gang I listed above) on March the 11th.  This date also has a lot of importance on the Astrology/Moon/Spiral Calendar (according to the most recent Spiral Date Chart of the month of June).

So, that leads me to believe that the next likely date for the gangsters to stage another false flag event is this June 11th, 2011 (notice the additional "11" in the year too... yeah, this year is very important to the evil thugs that rule this planet.  Too bad their time of enslavement of the public is coming to an end next year... LOL).  While I know that the 11th is on a weekend, and before option expiration, I wouldn't count on this opx being the usual bullish bear squeeze, making all the "puts" expire worthless.  In fact, I'll be willing to go out on a limb and state that "if" we hit the 138.86 spy FP by Friday the 10th, then I fully expect a very bloody week starting on Monday, June 13th!

I'll be looking for massive "put" buying to show up in the "open interest" as the "Insiders" get short ahead of the coming stock market crash.  While this one is likely to be quite large, the one coming this October should dwarf it in size.  I fully expect the March 2009 low to be taken out before the end of 2012, as these gangsters causes all kinds of disasters (in the environment with their HAARP weapon, and in the stock market) too happen before they are finally removed from power... freeing all of humanity from the 8,000+ years of enslavement we've had!

On to the short term forecast...

I'm looking for the bull flag to play out Tuesday morning, taking us to the 1340 spx area.  Then I expect the resistance to hold and the market to rollover the rest of the day.  I'm not sure how low we go, but the 1300 area is my target.  I believe the guys at Mr. TopStep were looking for 1296 on the ES, which is close to the 1300 SPX level.  After that low is put in, I'm expecting a rally over the rest of the week and into the next week, taking us to the 138.86 spy FP level.  I'm not sure if that's the final top, but it most certainly will be a target level that should be hit.

I'll be looking for a short position on Tuesday, and then I'll likely go long into June 11th.  If the charts line up, and the FP is hit, then you're know what I'm doing next!  This is all speculation of course, but that's what this blog is about... guessing!  Don't fall in the trap of thinking that this market is going up forever and that this new high coming is the start of a new bull trend... it ain't happening!  This is only one last attempt by the gangster thieves to get all the bears off the train before it leaves for "Dark Territory".

Rest assured, we are entering the beginnings of the first wave down of Primary Wave 3 (P3).  While it's not here yet, it will be soon.  This will be a taste of what is coming this Fall.  While this Major Wave 1 down (inside of P3) should be very delicious to the bears, a feast awakes us when Major Wave 3 down (inside of P3 down) starts... which should resemble the 2008 crash, only worst!

If you are wondering why I keep stating "this October" (specifically, the week of October 23rd), it's not because that month is usually bearish, but simply because of the fact that the next Legatus meeting ends on the 23rd of this October.  The last meeting ended this past May the 2nd... since then the market has dropped from 1370 spx to 1311 spx, and still hasn't bottomed yet.  This group (made up of the evil Illuminati gangsters) controls policies and determines the direction of the stock market.  The next turn date is October 23rd... and it will be the worst in history I believe.

As always... good luck to both bulls and bears!

Red

Is my site faster?  http://reddragonleo.com/wp-content/uploads/website-speed-test-05-29-2011.jpg

Ben Fulford's latest... http://kauilapele.wordpress.com/2011/05/23/benjamin-fulford-may-23-2011-the-white-dragon-foundation-is-set-to-officially-start-operations-on-june-1st/

Comments by David Wilcock on Ben Fulford's latest... http://kauilapele.wordpress.com/2011/05/23/comment-by-david-wilcock-on-ben-fulfords-latest-5-23-article/

How to run your car or truck on water... http://www.project.nsearch.com/forum/topics/how-to-run-your-car-or-truck

(to watch on youtube: http://www.youtube.com/watch?v=VpZtX32sKVE )

Is It Crash Time Yet?

Red
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85

Wednesday Update...

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

Red

_____________________________________________________

Monday Update...

 

(to watch on youtube: http://www.youtube.com/watch?v=2zvNLC8zJSk)

Red

_____________________________________________________

The Market Closed At A Crossroad Friday, Leaving It Undecided...

(to watch on youtube: http://www.youtube.com/watch?v=L-Ps6Qi6uMc)

So what happens next week is a tough call.  Everything still looks very bearish, but the market still hasn't broken major support on most all charts.  It could break up and squeeze the bears one more time, or fool the bulls and break down through support.

If this were strictly based on the charts, the market would tank next week.  But we all know that's not the only thing to consider.  We have too add in the "manipulation factor"... meaning, "What do the Gangsters have planned?"  You'll notice that I never mentioned anything recently about the bogus "End of the World Rapture News" recently.  Why?  Because it was on "Main Stream Media"... meaning that it was put out by the gangsters to mislead the sheep.  Therefore, I knew it wouldn't happen, and never spoke of it.

Now that we all survived the "Fake Rapture", we have to move on and live another day.

Looking at all the charts, the dollar, silver, gold, banking, etc... they all are screaming "more downside coming"!  I'm not saying that we are going to crash, but I do see the market breaking the major support line this coming week.  I think we will take out the previous low of 1318 by this Friday, and then the market can rally the following week.

We should get a bounce on Monday or Tuesday, and then head down into Friday.  Since the market sold off nicely this past Friday, you could expect a little more selling into Monday morning.  I'm not sure if it will continue throughout the entire day and let it have a relief rally on Tuesday, or if the relief rally starts in the afternoon on Monday and continues into Tuesday, but either way I'll be looking to get short again early in the week.

The only wildcard is if the market goes against the charts and gaps up out of the resistance zone and clears the 1350 spx level with strength.  There is an "inverted head and shoulders" pattern on the 60 minute chart of the spx, but I'm not sure how far it can go... if it even plays out at all?  The dollar is looking like it's putting in a bull flag, which will really hurt the chances of a big rally on the market.

Plus, the banking etf XLF is extremely bearish right now, with no signs of turning back up.  Silver is looking bullish on the daily, but not the weekly.  It is forming a bear flag, while the daily is just trading sideways while the MACD histogram bars are moving up fast toward the zero level from oversold sold territory.  The dollar rally has really hurt commodities, and I think silver will fall down again once the histogram bars reach the zero level and roll back over (if they make it up there at all?).

Common Monthly turn dates are the 25th-27th...

There is also the fact that option expiration week is over and many times the market sells off after it ends, as a new month starts and traders need to hedge their long positions.  This is why the 25th-27th of every month seems too be a turning point.  If I had to guess, I'd say that we will break the major support area on Monday, backtest it on Tuesday and into Wednesday, and then fall into a wave 3 down into Friday.  This seems common from past months.  Of course I don't know how low we go, as I haven't seen any FP's lately, but we should easily take out the 1318 spx level at the very minimum.

After this coming week is over, I'll be looking at the long side.  I think they will push it back up in June to fool the bears.  How high is unknown of course, but I still think we will make new highs before this market really crashes this October.  We still have the 138.86 FP on the SPY that has too be hit, and June or even July looks like the likely month that it will reach it.

However, until I see the breakdown of the major support line, I'll sit in cash.  I don't want to be caught in a bear squeeze should the gangsters decide to rally up in that 5th wave come Monday morning.  That would fool a lot of bears... and probably some bulls too?

Red

 

Headfake Or Back In The Bullish Trend?

Red
-
399

Update for Friday...

(to watch on youtube: http://www.youtube.com/watch?v=Xg3OPrdk5Mg)

Red

_____________________________________________________

Thursday should be interesting, as the market could either sell off hard and put in a new low, or just chop around until Friday when the overbought charts get reset and allow the bull trend to continue.

(to watch on youtube: http://www.youtube.com/watch?v=CN8Jki8ifd4)

So which one will it be?

That's a hard one to answer, as this Friday is option expiration and the gangsters always pin the market at a level that they pay out the least amount of money to put and call holders.  So which are there more of, and at what strike price?  I just can't answer that question unfortunately.

Looking at the open interest on the SPY, the 135 strike price has 156,385 call contracts and 145,187 put contracts, while the 134 strike price has 117,086 call contracts and 136,778 put contracts.  This leads me to believe that they will pin the market somewhere between those two levels.  Of course that doesn't mean that we couldn't sell off hard on Thursday and then rally back up half the way on Friday, as that could be the best choice of action for the gangsters to do.

All the short term charts are overbought (except the 60, which could go a little higher), and should roll over tomorrow.  But, that doesn't mean the market has too sell off.  The charts could dip down and reset themselves while the market trades sideways or pulls back slightly.  This would be a bull flag and allow another push up late in the day or Friday.

Not all is rosy for the bulls!

The bears still have hope as long as the bulls don't breakthrough the downward sloping trendline connecting the May 2nd high of 137.12 spy to the May 10th high of 136.11... which should be around the 135.10 spy level tomorrow.  That would be the ideal place to get short if they gap the market up tomorrow morning.

But if they gap over it they could force a short squeeze from everyone who placed their stops just above the May 12th high around the same 135 level.  Personally, I don't think it will happen.  The short term charts seem too extended right now.  Plus, the volume up today was very weak.  I think the bears will be well rested and ready to defend that line against a bunch of very tired bulls.

The bottom line...

I'm looking to get short tomorrow on any gap up or flat open (with signs of weakness).  I do think that they will reach the downward sloping trendline though.  The move up was a solid, but slow grind higher.  I expect "pop and drop" tomorrow.  Maybe some good jobs data for the "pop" (to get the retail traders long), and then a drop on the technicals (as the smart money can read the charts)... and then a flat to up Friday to close out the week.  After that... who knows?

On another note, Ben Fulford had this to say about Dominique Strauss-Kahn...

Start Quote>>>

Dominique Strauss-Kahn, the head of the IMF, was arrested last week because he was trying to steal the American people’s Social Security money to finance the Euro, according to Rothschild family sources. The charge of rape against him was almost certainly a case of entrapment by a female agent although I am sure no proof of this will ever be found. The next phase in the battle against the high level financial gangsters is expected to target Goldman Sachs and Morgan Stanley but, the closing of these criminal enterprises will only mark an intermediate phase in the battle against the criminal elements concentrated in the central banks of the West, according to White Dragon Society sources. The end result is certain to be a historical change of the sort not seen for thousands of years, if ever.

End Quote<<<

Looks like the rats are getting caught in the mouse trap.  Maybe the cheese was too sweet to pass up?  Who's knows how hot that female agent was?  LOL  Now let's see if this rat will "rat" on the other rats?

Red

 

Bearish Stock Market Ahead But Some Bullishness Left

Red
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56

Tuesday Update...

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

Red

_____________________________________________________

While we didn't crash on Friday, the sell off was still nice... for the bears of course!

(to watch on youtube: http://www.youtube.com/watch?v=I8_sE5EVuU8)

What's next?  Will we resume the uptrend or break the current support and put in another RED week?  That's a tough one to answer of course, so I'll just cover both cases and see which on plays out.

On the Bullish Side:

The move up from the 1250 spx area back in March of 2010 could be viewed as a 5 wave pattern move... meaning one more move up is possible.  The last 2 weeks could be a wave 4 pattern, that is also making a "continuation triangle" as well.  If so, then it could breakout to the upside next week and turn the daily and weekly charts back up.  This would then be the move toward the FP on the SPY of 138.86 that still isn't hit yet.  That's about 1388 SPX.

This triangle that has been forming is similar to the one formed back around mid-February to the first week of March.  That triangle pattern finally broke down and put in our 1250 low a week later.  However, most triangle patterns are continuation patterns.  Since the market has been going up since that low, you would expect this triangle to break up... not down like the previous one.  Also, the market rarely does the same move twice.

On the Bearish Side:

The current triangle has almost the same bearish MACD, Histogram Bars, Full and Slow Stochastics, and RSI reading.  Plus, the Dollar has broken out of it's falling wedge and is very bullish right now.  Since it goes opposite the market, if it rallies, the market will continue to sell off.  While the daily chart on the dollar is getting a little over bought, the weekly is pointing straight up.

There are other factors as well to consider.  The recent crash in the commodities market... especially Silver.  This was all planned by the Illuminati Gangsters, as JP Morgan was about to get called to deliver physical Silver it doesn't have.  The key level was $50.00 per ounce, and since these thugs are part of the government, they orchestrated the whole thing so the wouldn't be called out to deliver Silver they didn't have.

This was all told to Lindsey Williams by the elite gangsters as he reveals it in this interview below.  Silver did bounce off the long term support line from the last several years (on the daily chart, and weekly), but I'm not sure if these gangsters need to take it lower or if they were able to exit all their positions now?  If they still have a ton of shorts left, then Silver could break that support level and head lower.

(to watch on youtube: http://www.youtube.com/watch?v=6ddK2HOGb1g)

In fact, the low on Thursday last week did break the trendline, but they rallied it back up on Friday to close just one it I believe.  I suspect that JP Morgan still has a lot more Silver shorts to unload, so I believe it will continue down next week.  This means the dollar will likely continue to rally and the stock market will continue to sell off.

There is also the fact that the market did turn down after the recent Legatus meeting concluded on May 2nd a few weeks ago.  Everything tells me that this market will go down next week, not up.  While I don't want to bury my head in the sand and not look at both sides, the bearish side out weighs the bullish side right now.

Thinking like a gangster here... I believe they want the market lower this month, so they can announce QE3 in June and rally it back up with more of our taxpayer money (stolen from us, as we don't have any say so in the matter it seems).  The evil thugs want to get in at a better price level then the current one I suspect.  Silver could go to the 200 ma around $28 right now, or even to the $26 level from January of this year.  Below that there is a gap that needs filled from mid-November of 2010... so yeah, the odds favor more downside in the overall stock market.

Short term, what do I expect?

Monday should be the most bullish day of the week, but could sell of a little in the morning first... then rally back the rest of the day.  However, I really expect a flat open and a slow grind up.  The 1353 spx area is going to be some tough resistance, as it's where the downward sloping trendline intersects at in the triangle pattern that the market is currently still in.

They could trade it in a tight range all day and leave everyone guessing on Tuesday?  Will it breakout to the upside then, or gap down out of the triangle?  If this market wasn't so manipulated and controlled, the answer would be simple... Gap Down!  But you can never underestimate the minds of gangsters!  They could turn this charts back up with POMO money and have them all reset by the end of the week.  Total Bullsh@t... yeah, I know it!  But don't overlook it just because 90% of the charts are bearish.

While I don't know how they could continue to sell off silver, let the dollar rally continue, stop the bleeding in the financial's, and then stage a rally in the stock market at the same time... we've all seen stranger things happen!  And that is the very reason that I'm in cash right now... because I just don't know what the gangsters got planned for Monday?

I'll be looking to get short sometime next week, but I need to see the charts get overbought again first.  It could happen on Monday or later in the week... I just don't know yet?  But if all goes a planned (meaning the charts work as expected), we should see a much bigger RED candle on the weekly chart this Friday.  Also, keep in mind that we have another FOMC meeting this Wednesday... meaning that we could just get a lot of chop until after "The Bearded One" speaks at 2:00-2:30 pm.

Red

Osama Bin Laden Was Killed In 2001, But The Release Of His Death In 2011 Could Be Done To Stage The Next False Flag Event In America

Red
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94
Osama Bin Laden Was Killed In 2001, But The Release Of His Death In 2011 Could Be Done To Stage The Next False Flag Event In America

Thursday Update...

Could the Stock Market Crash on Friday the 13th?

(to watch on youtube: http://www.youtube.com/watch?v=wPmbU0ecrV8)

All the short term charts point to one nasty Wave 3 possible for tomorrow. Will the gangsters that control the market allow it to happen... or do they want it to happen? Since the April 30th to May 2nd Legatus meeting ended, the market has been selling off hard. In fact, we actually did crash in the Silver market... what's next?

Red
_____________________________________________________

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=6pGadbYHi7M)

Lindsey Williams on Radio Liberty 05-03-11

(to watch on youtube: http://www.youtube.com/watch?v=jMcH6ZhhlH0)

Red
_____________________________________________________

Monday Update...

(to watch on youtube: http://www.youtube.com/watch?v=0ORll2GTbCM)

Red

_____________________________________________________

The hairs on my arm are standing up now, as I know another False Flag Event is coming soon!

(to watch on youtube: http://www.youtube.com/watch?v=EVuKxO6b3kc)

Yes, the Elite Gangster Illuminati Cabal members in Washington, DC are planning the reason for America to go to war.  What will the event be?  I don't know, but next week has a lot of symbolism and ritual dates in it!  So,  is this Illuminati Card next?  (Staged of course.... just like all the events and wars of the last 150 years or more)

Hard too say what George H. Bush, Henry Kissinger, Dick Cheney, David Rockefeller, George W. Bush, Bill Clinton, Hillary Clinton, Jay Rockefeller, George Soro's, Warren Buffet, and the rest of the gangsters have in mind.  Obama wants it too, as his rating are at an all time low right now.  What better time then now to say Osama (real name... Tim Osman) was killed, as "if" they go to war from another False Flag Attack, he will be a hero for saving us sheep!

Below I want to share with you an email I got from a newsletter that I subscribe to... just in case you thought I was nuts.  We'll, even if I am... I'm not alone!

Start Quote>>>>

Joel Bowman, briefly, from Manhattan, New York...

Almost a week has passed since Osama bin Laden, America's biggest, baddest boogeyman, got his long-coming bullet. The Internet this week was awash with conjecture and conspiracy theory. Was he actually killed and, if so, when? What were the circumstances surrounding his death and burial? Is he alive? The list goes on.

We've seen plenty of flag waving and fist pumping from the "Mission Accomplished" crowd. But what, really, has been achieved here? Do you feel safer this week than last, after being told that bin Laden is gone and the US government has the situation is under (increasing) control(s)?

We offer this weekend a slightly different perspective from guest editor, Gary D. Barnett. You may not agree with many (or even any) of his views but, at this point in time, when so much hangs in the balance, it pays to keep an open and informed mind. Please enjoy...

In Death Osama bin Laden Causes Another War
Gary D. Barnett

There has never been such an opportunity for the US government to stage a false flag event in order to start yet another war as there is today. The set up is obvious to libertarians and some sane others, but it eludes most all Americans who are busy dancing in the street after the so-called killing of Osama bin Laden.

Consider the timing of this attack by US Navy SEALs, and then consider recent events. First, the economy is in shambles, unemployment is sky high, price inflation is excessive, and the US military has been bombing civilians in an attempt to assassinate Gaddafi, including murdering innocent little children. Our money is being destroyed before our eyes. The wars are not going well for the ruling elite, and Obama's ratings are horribly low at the beginning of his presidential crusade. One very important factor is that criticism of these wars has been growing at an accelerated pace. Hatred of the insidious TSA is also becoming much more evident. While civil liberty destruction is still rampant, it is being questioned more often, and with increased intensity.

What better reason then for an event to solidify the masses, and put them on guard for the now coming "terrorist" attacks due to the death of bin Laden. This stone kills a lot of birds it seems, and in my opinion this is no coincidence. In a matter of a few hours, the serfs were in the streets carrying flags, and screaming "God bless the USA." All the media was abuzz with fervent displays of renewed patriotism.

But what came next should have been expected. We were told that the scourge of the east was dead. One would think that the head of the monster had been forever severed, and that the war would end, but that would not be the case. The politicians and talking heads in the media immediately went on the offensive, and stated that we should be even more vigilant in the war on terror because there will be more attacks due to bin Laden's death.

Hillary Clinton began her talk by praising the troops for their "courage and commitment." Yes, the troops had once again become our saviors, literally pulling us from the mouth of the beast. In her next statement she strongly exclaimed "we will continue taking the fight to al Qaeda and their Taliban allies." She next talked about even more massive interference and imperialistic goals. "All over the world we will press forward, bolstering our partnerships, strengthening our networks, investing in a positive vision of peace and progress, and relentlessly pursuing the murderers who target innocent people." (Emphasis added) Really! The US killing machine is going after all those who target innocent people, and all over the planet? That is hypocrisy beyond understanding.

These events are shaping future foreign policy, and the window of opportunity in my opinion is short. All that is necessary is to rally the sheep around the flag, and that was accomplished by the charade in Pakistan.

Police in some areas have already increased security measures, and intelligence gathering has intensified. In New York, more police have been sent to patrol subways, airports, and bridges. This is just the beginning. More fear has been instilled in the minds of Americans once again, and conditions are ripe for a false flag event staged by those who would gain power and money with more war. Certainly, Obama has an obvious incentive to be the protector of the country given his current presidential run. But many others stand to gain from such an event as well.

All that is now necessary to prosecute the next war by the US Empire is an attack or threat of an attack. Whether manufactured by our own government or not, that event would serve as the lynchpin of yet more US aggression. Aggression not just against those in far away lands, but aggression here at home aimed at our liberty and our freedom.

Nothing is what it seems, and the risk to us all is great. Much scrutiny should be evident concerning anything coming out of Washington D.C. or the mainstream media. Lies abound, but this set up is obvious, and is staring us square in the face. Believing otherwise is foolish as far as I'm concerned, and this is no time for gullibility or flag waving.

What the triggering event will be is not easy to discern, but whatever it is will be obvious once it occurs. Any event that heightens the terror alert or brings calls for retaliation should be examined carefully. It could be a downed airliner, an attack on a US embassy, a bomb inside our borders, or any number of other things. Regardless of the type of aggression, take heed, and don't assume anything. The government lies continuously, and any attack is in this government's, its military, and its corporate partner's best interests.

I understand that many are afraid, but we should not fear any foreign invader. We should only fear our own government because the threat will come from within. We are in a very precarious situation, but because this new threat is so conspicuous, we should be able to see it coming. We are moving inexorably toward the next false flag, but this time even more could be at stake. Nothing should be taken for granted, and none should be surprised by anything that happens.

The monster of the east is gone, but the beast that is the US government is alive and well, and planning chaos. Our eyes should be open and our minds clear, for what is coming is vile. War is criminal and it is unholy, and our government is planning even more aggression. This bin Laden farce is evidence enough. Those who purposely cause and wage war, and do so to gain money and power, are savage, depraved, and evil. But those who applaud the murdering of others in the name of false defense are the enablers. Without the consent of the people, the government would be forced to stand down. It is time to stand up and stop this insanity!

Naturally the common people don't want war... Voice or no voice, the people can always be brought to the bidding of the leaders... All you have to do is to tell them they are being attacked and denounce the pacifists for lack of patriotism.

~ Herman Goering

End Quote>>>>

So what's next you ask?

Are we going to crash the stock market?  Yes, but probably not until later this year after the next Legatus meeting in October.  For now, we are just having a correction I believe.  While the market is looking like it wants to tank right now, as Friday's close was really ugly, there is still the possibility that we will go up one more time and hit the SPY FP of 138.86 before the correction in May really starts.

If not, then we could continue this down move next week... especially if Wednesday 5-11-11 has another "Staged Event" happen.  It is an important number to the Illuminati, just like when they attacked Japan with HAARP (and/or nuclear bombs planted by US Sub's along the fault line) on 3-11-11.  They seem to like odd months I believe, which leaves this Wednesday and the coming 7-11-11 open for something bad too happen.

If the market simply bounces up to form a wave 2 up, then it could easily be over by this Wednesday, and a nasty wave 3 down could start.  However, technically we already had a 61.8% wave 2 retracement up on Friday.  That means wave 3 down could start on Monday.  This all assumes that the FP on SPY won't be hit until later this year.  But, if they plan on hitting it first, then we could go up all of next week to hit it... which would mean that nothing bad would likely happen on 5-11-11 (unless it's something that doesn't effect the stock market?).

Of course I guess there is the slim possibility that the market will go up to the FP by Wednesday, and then some event happens and crashes the market?  That seems highly unlikely as the FP level is quite far away right now, and it doesn't seem possible that the market could rally that far in such a short amount of time.  But, nothing surprises me in this rigged, controlled and highly manipulated stock market that we all gamble in.

Or maybe it takes all week and then they play this Illuminati Card?

Hmmm, there are so many things that could happen, it's hard too figure out what the gangsters are planned next.  Who would have thought that they would crash the silver market last week?  Ben Bernanke goes on TV and says that commodities will correct soon, and "Bam"... silver crashes!  Tell me that was planned and manipulated!  I'm not sure when they will play this card, but this Friday is the 13th... so beware!

Last week looked a lot like the last week of April 2010... just before the "Flash Crash" week!  Could it happen again this week?  I think it could, and quite possibly will.  You have a "now confirmed" sell off after the end of the Legatus meeting April 30th-May 2nd, you have another important ritual date of 5-11-11, as well as very bearish charts across the board.  But the most telling sign is the possible "False Flag" event that could be staged this week... as the wildcard release of the death of Bin Laden is likely a warning that the gangsters in the White House plan to start WW3 soon.  That means they have to kill some American's and blame it on someone else in the middle east to get the clueless sheep to rally behind attacking some innocent country.

Sad but true... if only the American sheep would wake up and see the truth!  American is full of great, kind, giving, and compassionate people... but they still believe all the Bullsh*t on the Main Stream Media!  Maybe we need "The Great Depression Two" as if people can't afford their Television bill maybe they will wake up from the brainwashing that it has done to them and finally see the truth.  Only then can we all stand together and arrest this gangsters and free American of the enslavement we have been in for years now.

So to put it simply, next week could be a Blood Bath in the Stock Market... especially if we have another False Flag Event!  Everything points to more selling next week, even if we don't have anything bad.  All the charts are bearish.  While it's possible that they could turn them back up and resume the march higher to the FP on the SPY of 138.86, it seems unlikely.  And while the bearish patterns aren't confirmed yet, I believe they will be this week.

I'm looking for a move up on Monday and/or Tuesday, but after that I think we will resume the selling.  Technically, we really don't have too rally up any next week as we did have our 61.8% retracement on Friday... so don't forget that.  I'm just unsure if that was "it", or if they will rally some Monday to shake out some more bears.  Remember, we are in the early stages of the selling, and the "fear" really hasn't come back into the market yet.  There should be "dip buyers" come in and try to resume the uptrend.  I just think it will fail and roll back down later in the week, and close it will another red bar.

Good Hunting Bears!

Red

P.S.  Interesting stuff on when Bin Laden really died...

Max Igan - Radio Skidrow - Bin Laden & Fracking - 05/03/11 - 1/2

http://www.youtube.com/watch?v=MjiXrzBpGOQ

Max Igan - Radio Skidrow - Bin Laden & Fracking - 05/03/11 - 1/2

http://www.youtube.com/watch?v=i5-EH8Pzuao&NR=1

Possible Illuminati Timeline For False Flags!

http://prophecyinthemaking.blogspot.com/2011/05/possible-false-flag-timeline-according.html

Dolores Cannon - Convoluted Universe

http://projectcamelotproductions.com/interviews/dolores_cannon/dolores_cannon.html

Osama Bin Laden is really a CIA Operative named Tim Osman

http://seeker401.wordpress.com/2011/05/02/obl-dead-no-its-true-haha-america-fuck-yeah-why-say-it-now/

Odds Of A Stock Market Crash Are Increasing…

Red
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1,520

Thursday Update....

(to view on youtube: http://www.youtube.com/watch?v=7hZPBMnfL1Y)

Crash alert!  The Non-Farm Payroll Report could crash the market.  If it's viewed positive, then we should rally and everything will be ok until next week.  If it's really bad, then look out below!

Red

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The market isn't bouncing like I thought it would, and the daily chart is turning down hard.  This all increases the odds of a stock market crash happening by the end of this week or even into next week.

(to watch on youtube: http://www.youtube.com/watch?v=pVCW9Zpra5Y)

There is the erie feeling that the release of the death of Tim Osman (aka... Osama Bin Laden) who has been dead since 2002 and put on ice until such time that the release would benefit the gangsters was done at this time period for a reason.  It smells of distraction too me!  Do they plan to pull a fast one and do another "Flash Crash" while the media is focused on something else?  Let's also not forget that the Legatus meeting is over now, and a turn in the market did indeed start this week.  So how far will they take it down is the question?

Will it just be a small pull back and another run higher to the FP on SPY of 138.86, or is that something that won't be hit until later this year... meaning that a top is current in on the market right now.  I'm starting to lean toward a much larger sell off over the next few days, as things just don't feel right.  It seems everyone is looking for another push higher right now, as we did backtest the breakout level from the inverted head and shoulders pattern today.  I also see that the measured move up from a successful breakout on that pattern should push the market up to the 1440 spx area.

But, what if the breakout was a "fakeout"?

Yes, it's looking a lot like we will continue down tomorrow and Friday too I believe.  The angle that the daily chart is rolling over at is very steep, and it's not looking like it's going to stay above the zero line on the MACD and Histogram Bars.  This spells major trouble for the bulls.  I think a lot of bulls are going to get trapped long tomorrow when the short term charts get quickly overbought and roll over into another wave down.

Even the die hard bears might be sleeping and not see this move coming.  I think that the bears are now looking to exit any shorts that they had and are expecting a big bounce from this support area that the market is current in right now.  However, the problem is that the short term charts are moving up fast from oversold territory and will become overbought early tomorrow morning.  Not good for bulls if they want to stage a rally at this level.  I just don't see it going very far right now.

The bottom line... we could have another Flash Crash!

Once the 30 and 60 minute charts peak and get overbought tomorrow, they should roll over with a vengeance and have the daily pushing them down hard and fast too.  This makes for a "Wave 3 or C" in Elliottwave theory.  I just can't see a the market overcoming this chart conditions, as well as the fact that the dollar and vix are now breaking out to the upside as well... which trade inverse the market.

For now, I think the SPY FP is out of the question and the short term top is in.  Maybe later this year the FP will be hit, but right now I think the trend is down.  I don't know how far down they are going to take this, but it should clearly make the inverse head and shoulders pattern breakout a "Failure".  This should happen tomorrow I believe, and most likely the rally will end early in the morning and we should rollover into the afternoon and close.  We might not make it even the first hour?  Hard too say for sure, but the 60 minute chart is moving up very fast.  It will be overbought in the morning session tomorrow.   The 30 minute chart is already above the zero level and could rollover at anytime.

So, the ABC move that I was looking for today should now happen Thursday morning.  I think we already started the A leg and possibly the B leg into the close Wednesday.  That leaves the C leg up tomorrow and then she rolls back down hard into either a wave 3 or C... nasty, either way!  The charts don't lie, and right now they are very bearish.  Yes, the charts can be (and are) manipulated by the wallstreet gangsters, but they don't seem to want the market to rally right now.  Get ready for a surprise gang, as I think a lot of bears will miss this move.

Red

Is Another Flash Crash Coming?

Red
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104

Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=JDoJ71M7qaI)

I'm looking for one more down day and then I expect the bullish trend will resume.

Red

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This May 6th is the one year anniversary of the flash crash from last year, which makes the odds of it repeating slim... but!

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

There are many things going on that "could" lead to another big sell off  coming.  There is the Simpson's video where the clock with one hand on the "eleven" and the other hand between the 5 and 6... which could mean "5 minutes until 6 o'clock", or 5-6... as in May the 6th.  We have yet to figure this one out, but the possibility of this episode meaning something, and telling us sheep of the up coming disaster is very strong.  The question is... "how do we interpret the video"?

The next thing of major concern is the Legatus meeting over the weekend.  Reinhardt is the person who discovered that the gangsters would meet through this fake Catholic organization and make changes that would determine where the economy (and the stock market) would head to next.  He correctly predict the stock market crash of 2008 based on when these meeting were held.  Basically, the gangsters meet and funnel all their stolen money (from us sheep) through secret bank accounts in the Vatican (the root of all evil on this planet), and then once the checks have cleared they debase the stock market.

Not every Legatus Meeting is a turning point!

Well, the last few meeting haven't produced any real change in the stock market, but I personally feel that we are now long over due for a surprise crash.  Everyone is now bullish, expecting the market to rise to 1430-1440 area for the completion of the inverted head and shoulders pattern.  What if we only go up to the FP level on the SPY of 138.86 (about 1388 spx), and then roll over hard... or crash?  All the dip buyers would be expecting the market to go up to the 1400+ level and would continue to buy from the gangsters as they unload their long positions into the unsuspecting retail bulls.

I see many people that were bearish now switching to bullish.  Ron Walker of the chart pattern trader now has a bullish count on the market, with much higher highs forecasted.  I respect him a lot, but I don't agree with his bullish count.  I have been bullish for awhile now, as I still think we will hit the FP on SPY before selling off.  However, I've been wrong on the expected breaking of the rising wedge as the market continues to defy gravity... day in, and day out.  This just goes to show you how hard it is to forecast a rigged market.

My feelings are that we will sell off a little on Monday, in the morning session, and then rally back up as dip sticks (err... dip buyers) come in and push us up toward the FP level on the SPY.  Whether we hit it on Monday or later in the week is unknown?  I thought we might hit it on Friday as that was 4-29 (by speculating that the volume on the FP of 4,290 shares was a code for the insiders that the date it would be hit was 4-29), but that failed to happen.  So, we wait until it is hit to make re-assessments of the market.

Not every FP is a turning point!

I seen the FP of DIA 118.16 get hit, but it wasn't the turning point.  Instead, the market just sold off for one day and then continued higher.  We could have the same thing happen here with the SPY FP... as it could be hit, but the market might only "pause" and then continue higher.  While I don't think that will happen, we can't rule it out either.  Also, the odds of another flash crash happening on the same day as last year are extremely rare.  That doesn't mean it can't happen, as these gangsters are on their last leg right now, and it truly would surprise the most people if it was repeated.

For now, I'm just looking for the SPY FP to be hit and then see if the market looks ready to tank or not.  Monday should be a bullish day, but I still think we will drop in the morning session.  I've been wrong on that all of last week, but we've started a new week now, so things could be different.  I've noticed that when they want to trap the bears they tend to keep the market up until the last day of the week.  Maybe that's because we have weekly options now, and they want to make the puts expire worthless?  I don't know the reason, but it happens a lot.

Then they sell it off early then next week not allowing the bears to profit, as very few bears are brave enough to go short over the weekend.  That would of course allow them to reset the overbought charts and give them the juice needed to go back up higher later in the week.  I've seen this happen several times lately... maybe it will happen this week too?

>>>>>>>>> I'm going to cut this post short, as I need to help Anna with some technical issues.

Red

Weekend Update – Will The Market Go Up To The SPY FP Of 138.86?

Red
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1,583
Weekend Update – Will The Market Go Up To The SPY FP Of 138.86?

Thursday Update...

(to watch on youtube: http://www.youtube.com/watch?v=3x0lhKrVKno)

I'm looking for a small red day tomorrow.  I think the rising wedge will breakdown and we will form a channel.  I don't think we will go past the 1340-1345 spx area, as that's strong support now.  I also expect the POMO money, (and the light volume on a Friday) to keep the market from closing too far down.  By the end of the day I expect it to rally back up to about flat, or slightly down.  If by some miracle we go up the the spy FP of 138.86, then I'll go short... but otherwise I'm sitting out until next week.

Red

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Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=Pdz9myge4_o)

Looks like we are now on our way up to the SPY FP of 138.86... but will we hit it this Friday?  Who knows?  Anything is possible with Bernanke at the helm (of the Titanic of course).  As for tomorrow, my best guess would be a spinning top doji day. It could be a little up or down, but if all goes as planned... Friday will go up to the FP.  If not, then it might get pushed out until "Bullish Monday".  However, the gangsters are having another meeting at the Legatus conference over the weekend.  This could be a big turning point in the market?  Hard too say right now, but we'll know more by this Friday.

Red

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Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=nvo9MHpdW4g)

Expecting a wild day tomorrow. Something will be announced by the Fed's at 12:30 pm, which could produce a sell off. But the 2:15 FOMC minutes will likely rally the market back up into the close. All in all... expect the unexpected!

Red

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With the strong moves up last week, it certainly looks like they plan on hitting the spy fp... but will they do it by April 29th?  Or, did I interpret the FP wrong and the volume of 4,290 shares simply meaning nothing?  Only time will tell I guess...

(to watch on youtube: http://www.youtube.com/watch?v=Hfd5kcaAqWo)

While they fooled me on Monday, with the bogus timed release of the news that they "may?" downgrade the S&P500, the rest of the week was Bullish as expected.  In fact, it was too bullish in my book!  Gapping up huge 2 days in a row spells trouble for the bulls I believe.  It's just not sustainable at that kind of accelerated rate.  Burning a flame that hot will only make it burn out much faster!  Those moves up looked like one big bear squeeze too me... so what's next, more of the same?

Well, since the fake out on Monday caught many bears off guard, it's not likely to have filled the boat with them going into Tuesday of last week.  Just guessing of course, but I'd say that all the bears that got short Monday are now squeezed out.  The relentless b.s. move up the rest of the week threw those bears overboard I'd bet.  Meaning, I'm not expecting much more upside immediately, without more bears to squeeze.

And since they will be a ton of bears waiting to get short around the 1340-1345 area, I don't think the gangsters can get through it that easily next week.  That means they must sneak around behind the bears in the afterhours and premarket sessions by gapping over that area.  But what news could justify such a gap?  Nothing!  But that doesn't stop the gangsters, as they can make something up later... after the gap.

April 24th, 2010... What Happened Afterwards?

However, with the short term charts all overbought and pointing down, I suspect this gap won't happen on Monday.  They need to reset the charts, which means it will likely be pushed out until later in the week... if they still plan on going up to the FP?  There's no way of knowing if the date is 04-29-2011 as I guessed?  It could be later in the year, and the volume could mean nothing.  This would leave the door open for a pull back next week, and then another lunge higher in May or June.  Remember, the POMO doesn't end until late June.

Ok, so if I were a gangster and I wanted to steal the sheeps' money, I wouldn't let them get short by gapping up into a wall of bears Monday morning.  And since the short term charts can't sustain a "gap and go" move, any gap over the resistance zone has a very high chance of failing.  This means that the bears would jump on board fiercely at that level and profit nicely from the drop that will follow.  Since the gangsters don't want the bears to make an money (as that would be stealing it from them... the professional thieves), that should lead them to Plan B... a Monday sell off without letting bears get short!

Yes, if I were a thief like the wallstreet thugs, I'd do another gap down on Monday to reset the charts for another move higher later in the week... just like they did last Monday!  It's perfect actually, as then they could put in another right shoulder, break the rising wedge, get more bears on board at the bottom, and use them to fuel another short squeeze past the overhead resistance zone.  Bingo!  The perfect evil plan...

Let's not forget that the daily charts are still pointing up, and a one day sell off isn't likely to do much harm to them.  Yes, yes, they could roll over at anytime... but that doesn't mean they will.  They will support a move up to the FP on SPY, and I'd really like to see them get this final top out of the way as soon as possible.   I don't want this thing dragging out until June or July.  Let's get it over with now, so the fun can begin!

For once, I'd like to see the "sell in May, and go away" saying actually work!  Let it be a bullish April and very bearish May... don't you agree?  After all, April is almost done... so give us bears the entire month of May to take this beast down.  Or, just sell off on Monday and don't look back... meaning, let's go ahead and start wave 3 down!  I don't think that's going to happen of course, but it is possible (wishful thinking here).

April 25th, 2011... Will This Time Be Different?

Since gangsters are still in control of this manipulated market, and since they told us the upside target with the spy fp, I have too lean bullish... but only after a sell off on Monday.  I'm thinking they will go down Monday to put in another right shoulder, but a higher low then the previous one.  This should give them another chance to push up again later this week.  The other possibility is that they sell off on Monday and continue down, allowing the daily chart to roll over, and wave 3 down starts.  I just don't think they will do it yet, but I've been fooled before so I wouldn't put it past them!

Also, there is one more possible move on Monday.  While both of the above scenarios involve a gap down on Monday (or a flat open and selling most of the day), there is still the chance that they'll be nice and gap it up... allowing the bears to get short at the resistance zone of 1340-1345.  Wouldn't that be nice of the gangsters?  Of course I'd still expect it to sell off and end the day in the red.  How far red is another story!

The short term charts do support a gap up, as they ended the day on Friday putting in a bull flag.  And I'm sure every trader seen it and many went long into Monday I'd guess.  But to me, it seems too obvious.  A gap up would allow the bulls that went long Friday to close out their positions at the resistance zone for a nice profit, and allow the bears to get short at the same area for a nice move back down.  What a perfect trade that is!  Both bulls and bears would make money from the gangsters.

Now you tell me, do the gangsters usually make it that easy to spot?  I've never seen it so obvious, as everyone will make a profit if it gaps up into resistance and gets slapped back down.  I'm not 100% sure that it can't gap up and go, but the odds are clearly against it.  All the short term charts are overbought and rolling over, making it very unlikely that any gap up will hold.  And since I'm not the only trader that can see this in the charts, I'd say that there will be a ton of bears waiting in the resistance zone for a chance to get short at the top of a move... with high odds that it will be pushed down 10-20 points easily.

The Bull Train... Need I Say More?

I think back to other times in the past when I've seen them fall short of an area that all the bears are waiting at, not allowing them on board.  The bears then chase the move back down and get short heavily at the bottom of it.  Time and time again, I've seen this happen... it's what gives them the ability to have a big short squeeze.  Other times I've seen them gap over a resistance zone to do a stop sweep and then reverse back down without any bears still in short positions... once again, stealing the little guys money.

This game has been played since the market first opened I'd imagine.  While they still could do the later and gap it above the resistance zone and then sell off, I really doubt that will happen.  Again, the short term charts just don't support that happening for Monday.  That leaves me to one conclusion... Monday is very likely to close down.  Whether it gaps up and falls back down, open flat and sells off all day, or gaps down and closes red... the end result is the same, "A Red Monday".

The "how much" part is the tough one.  I'd like to see a move down to gap window from Tuesdays move, (around 1320 spx), as that would make a higher low and a second right shoulder... still allowing the rest of the week to rally back up.  Now I'm not a bull, as you all know that, but I'd just like to see them get the spy fp out of the way as soon as possible.  Since the daily chart can still go up more this week, I'd like to see it happen while it's still pointing up.  Once the daily rolls back down we should see a bear feast I believe.

Basically, I'd like to see a repeat of last week... a nice fake out move down on Monday, and a rally up the rest of the week, hitting the spy fp by Friday.  Will it happen like that?  I doubt it, but it's possible... even if only a little bit possible.  A much shallower move down on Monday would certainly support a move up to the FP by Friday.  Maybe it will only drop 5-10 points on Monday, and the rest of the week is more of the same Bullish@t from last week... gap up after gap up, on fake news and made up earnings.  Anything is possible in the matrix we live in!

Good luck everyone...

Red

P.S.  I'm long the vix (vxn) from Friday... wish me luck too!

Light Volume And A Bullish Week Ahead

Red
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202

Wednesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=W3L8bCuIJek )

Another light is expected tomorrow, with a gap up possible.  If so, then I expect the rest of the day the market will fall back down some (not pass the current support area of 1330), and end the day slightly higher.  A doji (spinning top) pattern is likely on the daily chart.

Red

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Monday Update...

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

Nothing like a little mud in my face (or foot in my mouth)!  So, I'm going out on a limb again with this video, as I'm getting used too mud now!

Red

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Next week will be shorten by one day, as the market will be closed on Friday because it's a holiday.   So, does this mean we'll be surprised by some staged event to tank the market?  Hard too say, but if I knew for sure then it wouldn't be a surprise anymore!

(to watch on youtube: http://www.youtube.com/watch?v=lND54VM0ZUA)

Yes, the 19th is an important day for the Illuminati, as many events have happened on the 19th of the month in the past.  But, I really don't think anything will happen this time.  I'm leaning toward some light selling on Monday to reset the overbought conditions and allow for more upside the rest of the week.  You must remember that the gangsters still control this market, and with the expected light volume next week I fully expect them to continue pushing it up.

Somehow I just know that the 138.86 SPY FP is real, and that we won't crash this stock market until it is hit.  Just speculating here again, but the volume of 4,290 shares could be a signal to indicate that the print will be hit on 04-29-2011.  Of course I haven't figured out the gangster's insider code, but maybe this print is just that simple?  We all know that April is an extremely bullish month, and that we still have POMO propping up the market until June.  Plus there is the old saying "Sell in May, and Go Away"... maybe it will still hold true this time?

It seems impossible that we could continue higher with the VIX making new lows, but I'm going to go out on a limb here and say that it will go lower before this market rolls over.  Remember, this will be the greatest stock market crash in the history of the market... so you should expect new extremes to be made on various charts and technical indicators as well.

Here's an interesting video that explains how the gangsters can't stop the coming crash as they shot themselves in the foot when they attacked Japan with HAARP.  In it, you'll see that when you destroy the 3rd largest economy in the world, the third quarter earnings are going to be so disappointing that a 5,000 point drop in the Dow will likely happen.

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

Of course we could have something bad happen on Tuesday the 19th, and cause the market to crash, but I just don't think it will.  I do believe the FP to be a real one, and any severe down move would prevent that level from being hit on April 29th (assuming that I'm getting the code correctly?).  So, I'm simply thinking that Monday will be the day that resets the overbought conditions for another move up later in the week.  Whether it closes negative or just a "spinning top" is unknown.  I do expect it to sell off some on Monday, but they could push it back up into the close and end the day as a "pause day".

The rest of week will have likely have light volume and unfortunately I believe they will push it higher.  We all know that this market is insanely manipulated and totally disconnected from reality, but those are the facts... and we can't change them!  They have told us with the FP that they will take the market to that level at some point in the future.  So, you just have to ask yourself... "will we crash first, and then rally back up to the FP?", or is it "more likely that we will go up first and then crash later?"  I think the answer is obvious!

Once this market finally heads south, the high put in won't be revisited for a very long time.  With this dwarf star Elenin (Nibiru or Planet X?) expected to pass between the earth and the sun late this year, (real or not), they will be some serious damage to the planet (real or staged by the Illuminati?).  All this, with the looming forecast that Japan will eventually sink into the sea (creating a 1000 foot tidal wave to hit the west coast), tells me that this stock market isn't likely to continue much higher and will have likely put in an "all time high" this year.

The charts can be manipulated with all the POMO money, and that's exactly what the gangsters have done over the last 2 years.  However, right now the daily and weekly charts can easily support a rally as they could be viewed as "oversold"... at least the daily is already.  The weekly could continue down, or reverse back up for a little while.  Sorry, as much as I'm very bearish on the economy (and reality), the charts are looking bullish... especially when you combine in the "manipulation factor".

They are still injecting POMO until June 30th.  April is historically a bullish month.  Light volume is expected next week, as Friday is a holiday and the markets will be closed.  The daily chart is oversold.  The weekly chart is neutral, and could go either way.  The vix is looking like it's going to make new lows (as unbelievable as that is!).  The news out there is extremely bad, and the market continues to ignore it.  Am I missing anything?

It's truly sad to see so much B.S. going on right now with the market, but the facts are the facts... and we can't change it!  I'm sorry, but I can't get bearish here for next week.  While I'm sure they will likely surprise us all with some "event", I'm not looking for it until after the upside FP of 138.86 spy is hit.  Until then I'm not seeing another big move down.  Sure, there will be some down days (maybe... LOL), but they will likely be just to reset the overbought charts (followed by another push higher).

So, to put is simply... I'm not looking for a big sell off next week!  I know everyone is expecting a rally up to just short of the current high to form a wave 2 up, followed by the wave 3 down... possibly to the 1290 area, but I just don't think they will allow it to happen.  I think we'll rise up to the current high, trade sideways for awhile trying to pierce it, and after a few days we'll go past it to new highs around the 1388 spx (the spy FP level).  I don't know if the market will stop there and reverse, or just pause there and go higher again.  We do have POMO until June, so it's possible that we go higher, but I'm leaning toward that area to be the final top... mainly because May should be a bearish month.

Ok, that about sums it up for now.  I just didn't have time to do another dark post this weekend.  Maybe the next one...

Red

 

Will The Illuminati Sink Japan This Week?

Red
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3,058

Thursday Update...

(to watch on youtube: http://www.youtube.com/watch?v=TywPydpsno4)

I'm not sure about Friday, as opx day's are usually bullish. While I think we will go down to the 130.67 spy FP level in the morning, the close could be pinned between 131 and 132 because it's the area that the market makers have too pay out the least amount to both put and call holders.

Red

_____________________________________________________

Wednesday Update

(to watch on youtube: http://www.youtube.com/watch?v=OmsHkLf5fs8)

We should tank hard tomorrow. Possible gap up to the 132.50 spy FP, but don't count on it. Any gap up should quickly fail, and is a great shorting opportunity.

Red

____________________________________________________

Tuesday Update

(to watch on youtube: http://www.youtube.com/watch?v=vlXpWUjDMt4)

I still see more selling before a decent bounce.  While I think we could go up to the 132.50 spy FP tomorrow morning I think tomorrow will close down again.  Then a bounce on Thursday and Friday I believe.

Red

____________________________________________________

Monday Update

One more down day I think, before a small bounce into the end of the week.

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

An Important video worth watching...

(to watch on youtube: http://www.youtube.com/watch?v=Wozi20KhhVo)

Red

_____________________________________________________

Right Shoulder Coming Or Stock Market Crash?

I not sure which, as it really depends on whether or not the insane Federal Reserve Board Cabal uses their weapons of mass destruction on Japan this Monday, April 11th, 2011?  Yes, the gangsters haven't given up... even after Japan gave them $60 Trillion Yen last week!  Talk about evil... these people are inhuman!

BEST SHAPESHIFTING EVIDENCE TO DATE- The Mark and the Beast
http://www.youtube.com/watch?v=Qj8741m2jLc

Parts 2 through 7...

BEST SHAPESHIFTING EVIDENCE TO DATE Pt 2 - The Mark and the Beast
http://www.youtube.com/watch?v=07saol9YJ-s
BEST SHAPESHIFTING EVIDENCE TO DATE pt3
http://www.youtube.com/watch?v=gPiokF8eYxk
BEST SHAPESHIFTING EVIDENCE TO DATE pt 4 - Puff the Magic Dragon
http://www.youtube.com/watch?v=QS85SVhdCqY
BEST SHAPESHIFTING EVIDENCE TO DATE pt 5 - Puff the Magic Dragon Conclusion
http://www.youtube.com/watch?v=SWa2YlTWZwU&NR=1
BEST SHAPESHIFTING EVIDENCE TO DATE pt 6 : HD deception
http://www.youtube.com/watch?v=6j_gR8v2Z7A
BEST SHAPESHIFTING EVIDENCE TO DATE pt 7 - Non Humans
http://www.youtube.com/watch?v=z8fxS-BU3dE

What am I talking about?  The latest update from Ben Fulford states that Rockefeller, Bush, Kissinger, and the rest of the Reptilian worshipers (or Reptilian's themselves?), now plan to use some space based weapons from the Ronald Reagan "Star Wars" era to destroy Japan once and for all.  Here's the complete unedited post from Ben on April 9th, 2011...

Federal Reserve Board crime syndicate now threatening Japan with Reagan era “star wars” space based weapons

As the United States Corporate government heads for bankruptcy, the oligarchs running it are now threatening to attack Japan with space-based “star wars” weaponry put into orbit during the Reagan era.

The threats came in the form of e-mails entitled “HAARP will not be silent.” This came after the HAARP facility in Alaska went offline. The blue lights seen during the April 7th earthquake that hit Miyagi prefecture may be a sign the weapons are already being used. Other warnings indicate April 11 or 411 may be a likely  day of attack. The allies of the White Dragon are hereby requested to destroy or decommission this space-based weaponry before more innocent people are killed by the criminal cabal still running the United States. The threats are escalating because of the increasingly dire financial situation facing the bankrupt-in-all-but-name US corporate government. These massive corporate debts are not owed by the American people and will be written off once the genocidal Nazi faction of the US military industrial complex steps aside and stops carrying out mass murder. The American people must be freed.

Attacking and threatening Japan is counter-productive because the Japanese people and government are not in a position to stop the US corporate bankruptcy no matter how much they wish they could.

We all know that the Illuminati love the number 11, 111, and 1111... or an combination of them, so this Monday is another possible date as it is 4-11-11.  There will be many series of 11's this year as each month has an 11th day and we end the year with 11.  Of course the biggest ritual date would be 11-11-11 later this year.  For now though, we just have too make it through Monday.

Personally, I think they will fail and nothing bad will happen.  I seen a picture (STEADY SKIES OVER JAPAN: More Orbs?) showing "orb's" (ufo's) in the sky's of Japan. (Also this one over a volcano Multi UFOs OVER SAKURAJIMA / JAPAN (VOLCANO AREA) and same at: Turrialba volcano in Costa Rica).  I believe these were most likely the good aliens know as the Pleiadian's that were assisting in suppressing the HAARP effects (radiation) on the people by doing something in the sky to reduce the levels in Japan.

In this interesting article it talks about the efforts that the aliens have done to stop the planned Armageddon that the Illuminati are still trying to make happen.  As you obviously have figured out by now, a stock market crash that takes the market down to the lowest FP I have of 20.16 SPY (about Dow 2,000 and SPX 200) would certainly occur if these gangster succeed in sinking Japan... which would send a thousand foot tidal wave into California wiping out the entire west coast.

http://kauilapele.wordpress.com/2011/03/26/matthew%e2%80%99s-message-what-the-galactics-are-doing-about-japan/

Again, I think they will fail.  Of course they have back up plans to... like using HAARP (or planted nukes) on the fault line in California to sink it from an earthquake here in America if the Japan plan fails.  One thing is for sure... we live in some crazy times right now!  While I still think they plan to take the market higher to the 138.86 SPY FP before tanking it for good, if they lose control of this coming sell off, then all bets are off!

The market (and the world) is at a crossroads right now.  All those reversal candles the last week or so, tell me that a downside move is coming next week.  How deep we go is unknown?  Maybe nothing bad happens on Monday and they just take the market down for a week or so, to put in a right shoulder?

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

Or, maybe even a little lower to the 200dma around 1200 spx over the coming month or two?  While I would expect the market to bounce back up for awhile from the first hit of the moving average, without QE3 I don't think it would go back up to the FP on the SPY (about 1388 spx).  That's what makes me think we will only put in a right shoulder and then go higher into the end of April.

The 50 dma is at 1312 spx right now and might be our downside target?  It's too hard to forecast this market that far out as the gangsters will change the plan and rob the most amount of people possible.  So, let's just stick with the short term first.

Monday is a tough call, but I think any rally up will be meet with selling.  We may only get a retest of the broken support line and then more selling.  While it's still possible for them to go back up to the 1339 high from Friday, the odds are against it.  The market looks to be rolling over now, and we should continue down more next week before taking the current high out.

I would love to see Monday gap up so I could short it, but I just don't know if we'll get so lucky?  A flat open and some choppy action early on is really what I'm expecting.  Give the 60 and 30 minute charts some time to get overbought while the actual price level of the spy doesn't really go anywhere, and that would set up a nice sell off into the afternoon.

Will it work out like that?  I wish I knew?  We can only look at the possibilities and be prepared to place our bets once we see which one plays out?  The short term charts could go either way on Monday... up or down?  They aren't oversold yet, or overbought... that's why it's a tough call.  Since they are pointing up, it's possible that they will try to continue that way... but again, I think any rallies are just good shorting opportunities for now.

To sum it up, I'm looking for another chance to get short on any morning rally with a move down to 1300-1312 if a right shoulder develops, or down to the 1200 area the selling gets out of hand.  We'll just have too look at the volume to see if it looks "controlled" or "panicky"... as heavy volume would certainly indicate a deeper sell off.

Red

For the 2012 Election... Ron Paul/Jesse Ventura!

http://beforeitsnews.com/story/539/214/Ron_Paul_-_Jesse_Ventura_Presidential_Ticket_Percolating.html&NL

Earthquakes And War, Nothing Affects The Stock Market

Red
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1,669

At least for now, that is!  But how much longer will that last?

(to watch on youtube: http://www.youtube.com/watch?v=eR3R8utzsVw)

While I can't tell you that the market is going to crash tomorrow, I'll just lay out some possible scenario's.  Friday's and Monday's seem too be the day's that most large sell offs happen.  Panic and fear set in, as the thought of holding long over the weekend scares a lot of traders into selling on Friday.

Of course Monday's are common big down days because the prior Friday was usually a shaky close, from a week of "indecision" in the market.  This leaves us with another "unknown" for tomorrow.  Will the market open flat, gap up or down?  Let's explore what each one means and the possible outcomes.

A gap up over the recent high of 1339 would surely be bullish and I'd expect 1344 to be taken out, leaving a race for the FP on the SPY of 138.86 (about 1388 spx).  But a weak gap up below 1339 would make me suspect that it is a final exhaustion gap, leaving the strong possibility that it will fail once again to take out 1339 and would likely sell off hard into the last halve of the day taking out the Thursday low of 1326.

A flat open would likely result in an early morning grind slowly toward the apex of the triangle the market created today.  At some point it would have too breakout to the upside or downside.  My guess is that would breakdown because of it being a Friday and I just can't see traders getting all excited enough to stage a big breakout on the long side with all the worry about the new earthquake in Japan.  Who want's to hold long over a weekend with that kind of uncertainty?  But maybe it does break up out of the triangle anyway, as it's not traders buying this market but the Skynet computer (which doesn't have emotions).

A gap down would be the most bearish I believe.  While it should try to fill the gap (or some of it) during the open, it would be a great place to get short in my opinion.  The likelihood of the market continuing to sell off the rest of the day would be very good.  My downside first target would then be the 50dma around 1312 spx.

So, there are your 3 possible scenario's for Friday.  Which one will it be?  I wish I knew the answer, but I don't.  However, most of the possibilities are bearish for Friday... which should be some good news for us bears.  Let's not forget that Monday is 4-11-11, which is the date the Ben Fulford thinks the Illuminati gangsters will cause Mount Fujiyama Volcano to erupt and sink Japan.  Let's hope that the recent payoff money of $60 Trillion Yen from Japan to the Federal Reverse Nazi Gangster Elite Illuminati members is enough to get them to turn off the HAARP beam pointed at the volcano right now.

Here's the latest update from Ben about that...

http://kauilapele.wordpress.com/2011/04/05/benjamin-fulford-april-5-2011-japan%E2%80%99s-government-threatened-with-more-haarp-attacks-pays-60-trillion-yen-to-feds/

Red

Ben Fulford Says Rockefeller Is Still Using HAARP On Mount Fujiyama To Sink Japan On 4-11-2011

Red
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1,055
Ben Fulford Says Rockefeller Is Still Using HAARP On Mount Fujiyama To Sink Japan On 4-11-2011

Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=37k2vxxh0Vc)

Not much to say... still waiting for a breakout to one side or the other.

Red

_____________________________________________________

Monday Update...

(to watch on youtube: http://www.youtube.com/watch?v=558YTrVGjOs)

Still looking for a new high, and Tuesday has a good chance of being the day we hit it.  I'm thinking that it will be late into the day, probably after the FOMC meeting.  I'm not expecting too much above the current high of 1344, and I believe it will be short lived.  However, this still doesn't rule out the 138.86 SPY FP (about 1388 SPX), as that could still be hit if the market only drops down to but in a right shoulder for what looks like a possible "inverted head and shoulder" pattern.  One day at a time...

Red

_____________________________________________________

 

Yes, as crazy as that sounds, Ben Fulford stated in his latest interview with Jeff Rense that Jay Rockefeller is currently pointing HAARP at the Mount Fujiyama Volcano to heat up the water and cause it to erupt on 4-11-2011 (another Illuminati ritual date)...

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

Another thing that points to 4-11-2011 is in the movie "Battle LA" where there is a scene showing that exact date as comets hit the earth. Here it is...

battle-la-movie-with-4-11-2011-shown-as-date-for-comets-to-hit

Also, my FP of 138.86 on the SPY had a volume of 4,290 shares, which could also be pointing to 4-11 as "4" equals the month and 2+9 = 11 for the date. Of course it could mean 4-29 too, but both dates should be watched closely... especially if the market rises and is approaching the FP level at that time.

Off subject for a second as I rant for a moment...

What a sick group of people that they truly want to sink Japan into the sea, killing millions of innocent people... for what? Power? Greed? Control? Don't these people every learn? You can't take any of that with you when you die, so why do you have too be so evil when you are alive? I just can't understand why people do the crazy things they do. Why all the violence and hate?

Ok, back to matter at hand.  Clearly, the Illuminati want to keep us enslaved, and fear is their main weapon of choice.  They know that we are all equal spiritually, but they don't want us to know that!  It's all about control for them, and they must create wars to keep the whole "fear" illusion working.  Of course they will profit from it too, which is why a stock market crash will happen.  They need to rob us of all our property and possessions by acquiring it for pennies on the dollar.  I want you to listen closely to this video below, as the Illuminati tell you their exact plans of what they have been doing to you and what they plan to continue doing.

Secret Covenant The Hidden Elite Are Not Hidden Anymore

(to watch on youtube: http://www.youtube.com/watch?v=BWemcz57RWc)

If after listening to that video if you don't get upset and angry at these people then you truly are just a zombie like the way they want you too be! Personally, I pity them as they are so small minded and weak. They just are too blind to see that peace, love, giving and sharing are the answers... not hate.

Time is running out for these gangsters, but things could get very ugly as they lash out like a cornered animal that is trapped with no where to escape. This of course means that they will crash this stock market as their exit plan... blamed on some false flag event probably!

Will it be this April 11th, or April 29th... or even this coming September when the dwarf star Elenin comes between the Earth and the Sun? I really don't think it will last that long, but instead start the crash this month or early May.   I just don't see the traders wanting to stay long into June when POMO ends. They will sell early... mark my words on that!

For short term though, next week should be a battle as the bulls and bears will be battling it out around this double top area. I do expect this rising wedge to break... probably Monday morning, but I also expect the dip stick bulls to buy the pullback creating another run up to probably backtest the broken trendline from the wedge.

In the past, we have seen anywhere from 1 week to 3 weeks that the market puts in a topping pattern. So I'm expecting some volatility next week, as the daily chart is still pushing up supporting the bulls. It will take a lot of "one day sell offs", followed by "quick rallies" to get it to rollover and produce a big move down.  Even if the bears succeed, it might only go down low enough to form the right shoulder of a possible "inverted head and shoulders" pattern, not a Wave 3 (or C), as we've all been looking for.

So, Will The Market Crash On April 11th?

I really don't know, but my gut tells me NO.  I don't think they have enough time to get up to the 138.86 spy FP before the 11th, as I expect a pullback in the market this week... meaning it will take more time to regain the ground they will lose this week, which pushes the time needed to hit the FP out until the end of April.

(to watch on youtube: http://www.youtube.com/watch?v=Ni7WqSC3bQE)

Of course "if" the evil gangsters succeed in causing Mount Fujiyama to erupt, and Japan sinks... then of course we will crash.  I don't think that will happen though (or "I pray that doesn't happen").  Plus, it's not close enough to the end of POMO, which is this June.  They will likely start selling late April, early May... (sell in May and go away).

For the near term, I'm looking for a sell off to either put in a lower low to form and ABC move down, or a higher low to put in an "inverted head and shoulders" pattern over the coming days/weeks.  Then a rally up to the FP by then end of April for a final top in this Primary Wave 2 rally.

If it is an ABC, then I'm looking for the 200ma to be the low around 1200 spx.  If it is an "inverted head and shoulders" pattern, then 1290 could be the low.  It could dip lower of course, but some how I think it will be a "more shallow" right shoulder.

What Will Happen On Monday?

Since will are still in a rising wedge (barely... and debatable), and there were likely a bunch of bears that got short over the weekend expecting a crash on Monday, I'd say there will be a quick pop early on to backtest the broken trendline on the rising wedge, followed by a sell off into the close and Tuesday.

I'm not sure how it will play out, be the end result should be the same... a break of the wedge, a backtest of the wedge, and a sell off into the close.  Possibly we gap down in the morning (a little) and rise back up in the morning for the backtest, and then rollover into the close.  Remember... the game is to steal your money!

You don't really think they will take it straight down allowing you to make money as a bear do you?  Of course not, they will trick you every step of the way.  If you are not short, then I would just wait until the backtest happens then then get short.  I know... you might be asking "what if it doesn't do a backtest"?  That's possible, but unlikely when you are trying to make a double top.

If you are putting in a new high, then a backtest doesn't always happen.  It will usually just reach a final point of exhaustion and then fall off a cliff.  But, the market is currently trying to reach the 1344 spx old high.  So, you should expect a second round of bulls to come in a buy the dip after the first attempt failed.  "That's YOUR Backtest"!

When that second attempt fails, then you can expect a deeper retracement then just 10 points (like Friday's close).  You should expect several days of selling to clear out the amateur bulls' stops', and to get enough bears onboard short for a big squeeze back up... that this time should take out the current high.  Remember, I'm expecting the FP to be hit before the crash.

While I don't know the date of the final top, or the exact price level, I do believe the FP will be hit... which pushes the market up to at least that level.  Again, it's only a target that I expect too be hit, not necessarily the point at which it rolls over.  It "could be" that point, but no guarantees on that.

Let's not forget also that the upside target for the inverted head and shoulders pattern will like be around that FP level, (which correlates to about 1388 spx).  Of course if we have an ABC move down, then it's going to take a "heck of a rally" to move back up to that level from a projected 1200 low.  But, anything is possibly with these gangsters... so I won't rule it out just yet.  Let's just stick to the coming week first, as they can change the game plan in a nano second if they want too!

Red

P.S. On another note... if you think Al Qaeda is "real", think again!  They are a made up enemy by the CIA, as Alex Jones covers in this video below.

(to watch on youtube: http://www.youtube.com/watch?v=k8txxny-E7w)

P.S.S.  Here's another interesting link worth reading (http://www.gazette.com/articles/springs-115381-colorado-obama.html#ixzz1I7xbyb2H).  It's seems awful odd how all these negative stories about Obama are popping up on Main Stream Media right now... don't you think?  Hmmm... if I were a betting man, I'd say that the gangsters are trying to get rid of Obama.  Why?  Probably because of his attempts to save himself by trying to make a deal with the White Dragon Society that Ben Fulford talks about in the video at the top of this post.  I bet they are trying to get another puppet (Hillary Clinton maybe?) they can control in office before the 2012 elections because they fear Ron Paul might win easily over Obama in the 2012 race, (and I don't think they control him).  If I were them, I'd put in a Republican now so Ron Paul (because he's a Republican too) won't stand a chance to win against a newly seated candidate in his own party.  Sorry Hillary, I guess you've been outst again... LOL!  Probably by Newt Gingrich (another Illuminati puppet) I'd think.

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