Friday, April 26, 2024
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Hurricane Irene Foretold By The Illuminati In The Addams Family Movie

Red
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Wednesday update...

(to watch on youtube: http://www.youtube.com/watch?v=NggRkt3-odk)

Red

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Once again the Illuminati tell us in advance what they plan to do to us sheep before they do it!

(to watch on youtube: http://www.youtube.com/watch?v=k3ZotVlwcEg)

 

What Changed The Direction of Irene? Microwaving? Watch and See

(http://www.youtube.com/watch?v=bLtRbHdqE68)

Fortunately, Irene didn't do the damage they wanted it to... yet!  Over the next few days (to weeks) we'll find out the real damage (flooding will continue for several days) in financial terms and then how the stock market reacts to it.  I'm not sure what the evil plan was here by the Illuminati Gangster Cabal, other then to distract us sheep from the stock market meltdown we've been having lately.  I'm sure there's other reasons too, but I don't know what they are currently.

This makes forecasting the market next week very difficult as the charts are slowly turning  bullish, but the economy is still in a disaster mode.  Of course we aren't supposed too trade off the news, as that's already factored into the charts... so they say.   But we know that the financial cost of this HAARP made Hurricane will eventually be felt on Wall Street... the "when" part is the question.

Looking at the charts I see the same thing everyone else does... a "pennant" or triangle pattern that's formed on almost all of the indexes.  Which way it breaks is unknown, as the odds of it being a "continuation pennant" (meaning down, as that's what we've been doing for the last month) aren't that much greater then a breakout to the upside.  So, you can't make a bet based on the odds from a triangle pennant pattern as you had might as well toss a coin in the air and call out heads or tails.

Some important things to note here are the fact that this will be the last week in August and the current price of almost all of the indexes are currently hovering around the 50ma and 20ma on their month charts.  It looks like the gangsters are trying really hard to close out the month around these important support levels, which tells me that next week isn't likely to tank hard like so many people are expecting it to.

The 200ma just happens to be at 1102 spx, which was basically where the market bottomed at earlier this month and bounced back up from.  On the weekly chart we have the 200ma at 1152 spx, and again I think that's why we rallied this last week as they didn't want 2 weeks in a row closing below that level as that would confirm that it had officially broken down and would turn from support to resistance.  Failure to break through this level by the bears gives the bulls a chance to take the helm for awhile and rally back up.

How high you ask?

No more then the 1260 spx level would be my best guess.  Why?  Because the 50ma on the weekly chart is about 1265 right now and the 20ma is turning down toward it and should cross it within a few weeks.  Also, the double bottoms from March and June come in around that same area.  That area will be critical for the bears to hold and stop the bulls from crossing.  So, do I think they will succeed?  Yes, as the longer term monthly charts is still very bears and will support the bears this go around.

Add in all the stuff that's going on with the economy and how the evil cabal is slowly loosing control and you have the makings of another huge leg down in the stock market after this rally is finished.  In this recent interview with Benjamin Fulford by Jeff Rense, Ben states the following...

(to watch on youtube: http://www.youtube.com/watch?v=LqOQ9lfoS5k)

  • Not confirmed, but 3 different sources stated to Ben Fulford that the earthquake recently was an attack on hidden military facilities that was controlled be the CIA faction which is run by the Illuminati Gangsters that I always speak of.
  • It was an unusual "one in a hundred" year earthquake. It went off close to some of those secret underground bases. These bases are controlled by the Zionist thugs like the Rockefellers and Rothschilds.
  • There is a battle between the factions that control the printing of money in the US, which means that someone wants to stop the mass printing while others want to continue printing. One side will win out and both outcomes will be horrible.
  • The Euro will default at some point in the near future. (But in the end the financial system will be reset as a new better world without the evil cabal will come into existence and the "free" energy technology that's been suppressed by them will become available).

Here's Ben's last post... (http://kauilapele.wordpress.com/2011/08/22/benjamin-fulford-8-23-11-last-minute-offensive-by-us-criminal-regime-will-fail)

Looks to me like the Fed's are losing control, as there ability keep the stock market up with funny money the gangsters fight among each other for control.  If they don't agree together then the money tree will be cut off and the market will crash.  Of course we already know that's the plan anyway, as they have repeatedly told us with that 34.65 SPY FP from the first of this year and again a few weeks back.

Maybe it's Obama that's trying to keep the money printing going so the economy doesn't collapse during his term.  After all, that wouldn't be good for his chance of re-election next year.  On the other hand I suspect you have the Elite gangsters like the Rockefellers, the Bushes, Soro's and Buffet who want a crash in the market and the economy so they can steal it all at pennies on the dollars?

How ever the different factions of the Illuminati gangsters divide, it still seems that whichever one of them that's manipulating the stock market still seems too be in full control of it.  With that said, I still think they will take this market down to their planned low print within the next year or so.  Since Lindsey Williams has stated repeatedly about how the 2012 timeline is extremely important to these elite gangsters I would suspect that they will try to hit that FP before that year ends.  Remember, they also want oil up to $200.00 per barrel by the end of 2012... which could happen it they cut off the pipelines in the middle east by some planned war.  Since it will likely be proceeded by another False Flag event to start that war, that event itself could be the thing that causes the stock market to continue it's crash.  Let's hope these gangsters fail with this evil  plan.

Back to the short term...

Monday looks to have light volume as many traders will likely gone due to Hurricane Irene (also, the staff is expected to be light on Wall Street according to CNBC).  We all know that light volume usually favors the bulls, which again leads me to believe that the breakout of the triangle will likely be to the upside before the week ends.  Other things also support and upside breakout too.  The weekly chart is turning back up on the Full Stochastic from hitting the 20 level.  The daily chart is also pointing back up from an extremely oversold level around -40 or so on the MACD's.  The 60 minute chart has a bull flag on it and could go a little higher before rolling back down.

This all supports the previous video I did last week that we could have an ABC move up for this 4th wave.  Of course we could also be in major wave 2 up if the 5th wave down (inside major wave 1 down) has already completed as a "truncated" 5th wave.  The Dow Transports already had a lower low on the 22nd-23rd period, while other indexes had an equal low (or slightly higher low in the case of the spx).  Since these indexes usually move in tandem with each other I'd find it hard to see a 5th wave down on the SPX happen without having the Dow Transports going lower too.  This would really mess up the wave count and not make sense at all.

So, with all the evidence I'm seeing now I think we will start major wave 2 up next week and try to make a run for that 1260 spx area.  Will it get that high, or just fall short around 1240 or so is anyone's guess?  I only believe that the gangsters will do everything in their power to hold the market up above the critical moving average levels I spoke of earlier for the weekly and monthly charts.  Once September starts they can continue to tank the market if they choose to do so?  I still see the week of October 23rd as major turn date, and I think it will be to the downside.  But I don't know what the wave count will be, only that I expect it to be multitudes of "wave 3's"... making it one huge crash period!

If we have that major wave 2 up next week, then we should start the first subwave of major wave 3 down in early September.  It does look like that could happen as even though the Full STO's are turning back up on the weekly chart there still isn't any positive divergence on the MACD Histogram bars.  That means a lower low is almost certainly guaranteed to happen.  Of course the monthly chart pointing straight down to also supports that forecast, and lowers the odds of "this time is different" happening.

Looking back in the past it is extremely rare that you see any move up happen without forming a positive divergence and going lower on the market when the next larger time frame chart is extremely bearish like the monthly chart currently is this time around.  Could it happen this time?  Sure, as I seen pigs fly last year, so anything is possible... but it's highly unlikely this go around.  Everyone knows that QE2 was the only thing that turned the impossible around last year and stopped it from crashing in April-July 2010 when it should have, but QE3 isn't going to stop it this time!

You can only defy gravity for so long before you eventually hit the ground hard...

As far as I can see the weekly chart is just now going below the zero level on the MACD's and could easily go to the -100 level again before turning back up hard for a really strong rally.  By then the market could be below the March 2009 levels and the month MACD's could be at -40 or so.  Anyway you look at it, this rally isn't the start of some new bull move that will take out this years' high... it's not going to happen folks!  Just a "Dead Bull Bounce"... nothing more, nothing less!

This Irene thing will likely divert attention away from the stock market this week and many traders could simply not show up to trade... leaving the market will light volume and allowing the PPT (what's left of them... LOL) to use the remaining funny money (stolen from the public through massive printing by uncle Bernanke of course) to push this market up all week long.

You also have Illuminati Gangster Reptilian Warren Buffet who basically just robbed the public again by buying a major stake in Bank of America just recently after talking with Obama just days before about how he needs to bailout the troubled bank... how convenient.  What a piece of s@%t he is!  In this article you can see how he stands to gain tremendously once the government decides to bailout banks holding these distressed mortgages in the name of helping the public!  LOL!  What a bogus out right lie!  Use the sheep's' money (the printing press) to buy up other sheep's debt while letting the gangsters that created the whole problem profit from it by buying the stock of the banks that stand to benefit the most from it at distressed price levels from the recent stock market crash that they caused in the first place!  Man... that's a mouth full to say (and read)!

Ok, that's about enough reasons to support the forecast that we will rally some next week before turning back down again.  While we could sell off some on Monday or Tuesday to reset the short term charts, I think the bottom level of the triangle pennant will hold, bounce and we'll eventually breakout of it on the upside.  Possibly the bull flag on the 60 minute chart plays out and we hit the upper trendline on the triangle Monday morning, and then roll back down into Tuesday to the lower trendline to bounce from?

The only thing that would lead me to believe we are going back down in a 5th wave to take out the 1101 spx low at this point is some surprise event.  Right now I don't think they are planning one for this week.  Maybe the have something planned for this coming 9-11-11?  Seems to obvious too me, but you know how evil they are... and they really don't care if it's obvious or not.  This is the last throws of a dying evil empire and in the end they will do things that they wouldn't have done in the past.

If so, then we could rally up into the 11th or so, and then come back down in another large wave of selling?  It would line up nicely with the charts, as the daily will be nice and overbought by then and the weekly will be ready to put in that positive divergence.  Of course that's all speculation and nothing more.  For now let's just focus on next week.  Simply put I expect the light volume to lead to a rally... how high it unknown, but an upside breakout of the triangle is expected before the week ends.

But, make no mistake... I'm not bullish by any means!  This rally isn't likely to last long... 1-2 weeks max!  Could be only a few days, but I doubt that because the end of the month is this week and they need to close it above those support levels I spoke of at the beginning of this post.  Once next month starts, the market is free to continue the sell off again.  They just aren't likely to make it easy for us bears to catch the real move down... which is why I expect this rally to carry on into the follow week, and not just this coming week.

There should be wild swings up and down too, but each time the bulls should push it a little higher.  If it stretches out for 2 weeks, then the 1260 level could be broken and a move for 1300 could happen.  While I don't know if that's the case or not, I've learned to expect the unexpected now.  I think most traders are expecting more selling next week, so I'm taking the opposite side and expecting the opposite.

Good luck everyone...

Red

The Selling Isn’t Even Close To Over Yet…

Red
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The Selling Isn’t Even Close To Over Yet…

Wednesday update...

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

Red

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Moving on to the latest from Lindsey Williams...

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

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

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

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

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

Highlights:

Part One:

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

Part Two:

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

Part Three:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Red

 

Time For Option Expiration Manipulation…

Red
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794

Thursday update for 08-18-2011... Stock Market Crash on Friday looks likely to me...

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

Red

_____________________________________________________

Next week should be interesting as the market makers whip the bulls and bears around to shake the remain one's out before option expiration next Friday.

(to watch on youtube: http://www.youtube.com/watch?v=50WwcKSOEME)

Looking at the charts the market is very overbought on the short term, and still doesn't have any positive divergence on the daily chart with the weekly and monthly still pointing down hard.  I just can't see a typical rally back up like we are used too having.  The longer term and stronger charts should put too much downward pressure to allow this market to rally up too far.  In the past, there was POMO... and life was good (for the bulls).  But now there isn't!  So how far can a short covering rally go without the Fed helping?

My guess... a lot shorter then everyone expects!  I'm seeing people calling for anywhere between 1260-1300 spx for this major wave 2 up... but I still don't see this major wave 1 down as complete yet.  While I'm not a big follower of Elliottwave, the market does seem to move in 3 wave or 5 wave patterns... not 4.  I see the 5 sub-waves of major wave 1 (call them minor waves) starting at 1356 on July 7th, ending on July 18th at 1295.  Then 2 up until July 22nd at 1346, with 3 down ending at 1101 on August 9th... which means we should be in wave 4 up right now... not major wave 2.

So, while major wave 2 should be a large wave up and possibly retrace 50-61.8% of the entire move down from 1356, I think we need to finish major wave 1 down first.  I don't think it's finished yet.  And since I think we are still in minor wave 4 up, I think it will be about a long as minor wave 2 up was.  So, since wave 2 up started at 1295 and ended at 1346, that's 51 points... which means that 4 up could have already ended on Friday as it is already past 51 points with 77 points from the 1101 low to Friday's close.

Now, throwing out EW predictions and just looking the technical analysis side of the picture, I still see the same thing.  The move down was just to powerful for a huge rally to start.  There needs to be at least a retest of the 1101 low (but usually it will go lower) to complete the 5th wave down in my opinion.  There was after market low on the ES of around 1077 at 10:10 pm on the 8th of August... and I think that is the target for the 5th wave down.

The VXX has a Bull Flag on it...

That's the other thing that bugs me... the VXX, or the "Fear Gauge".  It has a bull flag on the 60 minute chart and the daily chart.  It's not conforming this rally up.  Yes, it's pulled back some, but it looks more like a triangle  forming, which should breakout to the upside when it reaches the point of the apex of that triangle... which should be on Monday or Tuesday of next week.  This triangle is on the 60 minute chart and the daily chart... which again, tells me the market isn't likely to explode upwards toward 1260-1300 as everyone is expecting it too.

However, on the bullish side of things, the weekly chart did put in a hammer candle... which means this week should close positive.  That's at least as far as the "statistics" go... which is only a representation of what has happened in the past when similar patterned occurred.  So, assuming this time is just like the last several years, then we should close the week out positive.  I'm just not so sure that "this time" is the same as previously?  Maybe... or maybe not?  How long have we had POMO money in the market?  Since about 2008... right?

Ok, and what about 10 years before that period?  Was the economy in good shape or bad shape?  One has too consider those facts when compared the patterns to the past.  I think some one would be wise to compare the bottoming tail candle patterns to the period most similar to now... 1929-1940, and then see how accurate they were.  Comparing the current patterns to the previous 15 years, which were mostly "Bullish", is an accurate enough picture for me to fully say that "this week" will close positive.

Yes, it's option expiration week, which is usually an UP week as they squeeze out the bears by making their "puts" expire worthless, but I'm still not so sure that this week will end positive.  The bear market is back, and we shouldn't continue to look at this market through the eyes of the bull.  The last 3 years of manipulation in the bear market rally has clouded our judgement and a may have us continuing to "buy the dip", only to see it come back to haunt us.

I know a lot of people are expecting a big rally next week, but I'm going to take the other side of that as I expect Monday/Tuesday to be down.  I think the VXX will break out to the upside from the triangle it formed and that the 60 minute chart on the market will roll back down and produce more selling.  That would allow the daily chart to get a positive divergence setup on it, which is needed to start our major wave 2 up I believe.

Expect the unexpected...

That's one thing I've learned from the gangsters over the last few years, and that's another reason I'm still short term bearish (meaning early next week).  After minor wave 5th down is complete, which will complete major wave 1 down... then I'll be short term bullish for major wave 2 up to happen (not that I'll likely go long, as sitting in cash is my preferred position).

Let's also look at gold, as it still seems to want to continue higher (as Lindsey Williams predicted).  That's also a sign that this market has found it's short term bottom yet.  While I do expect gold to sell off at some point, right now it's clearly wanting to go higher.  That's why I still think we'll have another leg down first, and then a major wave 2 up.

Last week produced the largest swings in the history of the stock market, going up and down 500 Dow points several times before the week ended.  You have to ask yourself... "how many longs and shorts are there left in the market now"?  I'd guess... "Not Many!".  The market makers have surely stopped out all the bears by now, as last week was insane.  I just can't imagine that they still have too pin the SPY at a "much higher" level to make the puts expire worthless now.  Some how I think they have squared away their positions where they don't need to pin it at so ridiculously higher level like they used too do all the time in the past.

That's just guessing on my part of course, as I don't know what level they plan to pin it at this coming Friday... but I think it's going to surprise everyone!  Assuming that this opx week is like the last dozen we've had is a mistake in my opinion.  Things really are different this time, as there is no more POMO money to support the market during these counter trend rallies... at least not yet.

There are some bullish signs though.  One is that the insiders were buying last week, which usually means a short term bottom is near.  Another is the short selling ban that several countries implemented last week.  This never works of course, but it usually produces a short term rally as shorts are forced to close their positions allowing the market some room to breath.

You can read the story here (http://www.reuters.com/article/2011/08/08/us-greece-ban-idUSTRE7773SR20110808)

That story is for Greece, but other countries have taken similar measures to try and stop the blood bath in the markets across the world.  This will be bullish for awhile, but won't work in the end.  Notice the time limit for the short selling ban... "two months".  After that they will allow it again... right in time for October!  Hmmm... interesting to say the least.  They banned short selling in 2008 too, but the market still crashed.  Will this time be different?  I doubt it...

This tells me that the market will likely chop around wildly until late October and complete major wave one down, and two up... allowing major wave 3 down to start after the ban is lifted.  Right on schedule for the end of the Legatus meeting I'd guess.  Looks like we are still on schedule for the planned stock market crash I'd say.  I'll have to give Reinhardt credit for his exposure of the timing of the major turns in the market based on the Legatus Pilgrimage dates, as he's still correct with his calls.

Maybe he didn't get too much exposure on the Jesse Ventura show "Conspiracy Theories" after all?  Once too many sheep find out their plans, they have too change them... or else they could rob the sheep of all their money.  But, I guess the mass majority of the sheep are still to busy watching Opera's last show, American Idol, or latest fictional reality TV show to notice.  That's why the Illuminati Reptilian Gangster's continue to laugh at us sheep... as we're still too dumb to wakeup and see the truth.

But, on another note, Benjamin Fulford has some uplifting news it seems...

In his latest post he states that the evil cabal elite gangsters are slowly but surely failing at their plans to wipeout 80% of the population to maintain control of us sheep, and instead they are deciding to work with the good guys (the white dragon society) in exchange for freedom from their crimes basically.  It's not easy to get rid of a parasite that has woven its' way so deep into every culture of the world.  It takes time to get them out, but things are looking better for humanity right now, and should improve tremendously over the coming years ahead.

(Ben's latest post... http://kauilapele.wordpress.com/2011/08/08/ben-fulford-august-9-2011-the-phoenix-will-arise-from-the-ashes-of-the-old-world-order)

However, the short term is still going to have hardships as the gangsters destroy the economy and the stock market.  That is something that even the white dragon society can't stop... or at least "won't" stop.  It needs to happen to clean out the system and allow for a new more beautiful world to start.  So, it looks like the coming stock market crash will still happen... just as the Illuminati gangsters planned would happen.

We can only hope that Ben is correct and these gangsters won't get the opportunity to buy up all the assets of the world for pennies on the dollar and then really tighten their control and enslavement of humanity.  Remember, these evil reptilians want to round us all up and put us in FEMA camps... only to murder us all in some Nazi style assassination.  I'm with Ben on this, as I don't think they will succeed.  Too many other things point to that "NOT Happening"... nor the Elenin event that I'm now believing is being spread by the Illuminati to scare us all into believing it, and therefore they can stage the event and kill off 80% of the population like they want to do.

Doesn't is seem odd to you that anyone can get access to NASA's website to track Elenin's predicted path?  NASA is certainly under the Illuminati's control and they could classified all that data as "top secret" if they didn't want the public to find out about it.  But they didn't do that, and instead allowed everyone to see the data and spread it around the internet.  That too me...  means they want it spread around!

The bottom line... I don't believe it!

I think the only thing bad we are going to see is the stock market crash, but not the pole shift that would happen from Elenin passing between the Sun and the Earth later this year.  The more people expose this, the more I believe it's not real and just planned by the Illuminati to fulfill their plans kill most of us off.  However, they could still set off a nuke in America as they need another false flag event to start a war with some third world country that had nothing to do with it.  This interesting video below shows that they are planning it... but will they succeed?  I certainly hope not!

(to watch on youtube: http://www.youtube.com/watch?v=0lkSWqR1qAU)

Ok, that's enough doom and gloom for now.  Let's all focus on the positive, as the more exposure these evil plans get, the less likely they will be able to make them happen.  I don't want anything like that to occur, as that would be horrible for everyone... not just the millions that would die in it, but the fake war afterwards too!  I pray it doesn't happen and Ben Fulford's sources succeed in their plans to bring down the evil empire and free humanity.

Let us all hope that the FP on the Vix of 349 isn't real, because it would probably take a nuke going off to get it up that high.  While I'm sure that's the plan, just like the 34.65 FP on SPY is the downside target, I really hope they fail this time around.  Right now they are still in control of this stock market and appear to be on schedule for the largest crash in history (the multiple  wave 3's) to start right after the end of the Legatus meeting this coming week of October 23rd, I just pray they don't create a nuclear false flag event to make it happen.  Just let the charts play out, as the market will still fall... just don't kill millions of people to blame it on.

If this happens, the you can bet that the oil routes in the middle east will be destroyed in the war that follows and the price per barrel will go up to $200 or more as Lindsey Williams said it would.  Remember, he's getting his information straight from one of the evil Illuminati elites.  Of course I'm sure they are using Lindsey to spread information they want told, but I think Lindsey knows that and is still trying to help as many people as possible by getting them to stand up together in masses and stop the reptilians from making these plans happen.

Who will win out with evil game the Illuminati are playing?  Will Lindsey Williams wake up enough sheep to stop the empire?  Will Ben Fulford's "White Dragon Society" be able to use the "force" to defeat Darth Bush, Lord Rockefeller, and Count Kissinger?  Or will we sheep be slaughter once again like it's happened so many times in the past...  The next few months are going to tell the "tale" of humanity's future.

May the "Force" be with the "light workers"...

Red

The Stock Market Crash Of August 8th 2011

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The Stock Market Crash Of August 8th 2011

Thursday Update... more wild swings as the market is carving out a short term bottom (or not?)

(to watch on youtube: http://www.youtube.com/watch?v=h9zNH6hVsg0)

Red

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Tuesday FOMC day update! The gangsters squeeze the bears hard in the last 15 minutes as they run up the tape into the close. Different day... same story!

(to watch on youtube: http://www.youtube.com/watch?v=30CY_HYGenM)

Red

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Black Monday 08-08-2011 Stock Market Crash

This Monday we could see the start of the largest stock market crash in history!

(to watch on youtube: http://www.youtube.com/watch?v=X7vVXHqjTMc)

(to read the original post: http://www.godlikeproductions.com/forum1/message1585727/pg1)

We could be on our way down to the our FP of 34.65 on the SPY (about 346 on the SPX) very soon.  In this fictional video below, called "The After The Dollar Crashes - The Rise Of The New World Order", it shows you how it's possible for the stock market to actual collapse 67% in as little as 14 days!  Is the video an accurate predition of the coming time frame and price level?  I don't know?  But we do know how the Illuminati likes to tell us in advance what's going to happen... is this one of those warnings?

(to watch on youtube: http://www.youtube.com/watch?v=SgNLTb58K_Y)

Friday the US was officially downgraded by S&P from AAA to AA+, and soon I suspect Moody's and other rating agencies will follow with their downgrade too.  On top of that bad news, "China Tells US 'Good Old Days' Of Borrowing Have Ended" on Saturday, August 6th 2011.   And, Germany just refused to bailout Italy on Saturday too!  Yes, things are stating to heat up very fast now, and the boiling point is very near!

This interesting video by "Gary the Numbers Guy" states that the closing price of 11,444 on the Dow and this Monday being 08-08-2011 is a key Illuminati ritual codes which implies that the stock is going to crash 8% on Monday!

(to watch on youtube: http://www.youtube.com/watch?v=hkPTb2hrA40)

(to read the original post: http://www.godlikeproductions.com/forum1/message1585727/pg1)

It's not looking good for next week... anyway you look at it!

When  you look at how oversold the daily and shorter term charts are, you think to yourself that "it must rally soon"!  But the "when" part is still unknown.  I agree that a rally should happen, but you must remember that the technical analysis point of view is based on a normal market at a normal period in time.  The world isn't "normal" anymore!  The time period we are at now has NEVER happened before in the past.  The Mayan calendar only has one ending date, and that's next year.

There has never been a period in history with so many different things converging all together at once.  You have the "Once every 5,000 years or so orbit of Elenin (or Planet X, Nibiru)", the ending of the Mayan Calendar, the largest currency bubble in history... creating the largest debt in history, and some rare alignments of the planets according to Astrology.  This all mean to me that you can throw the charts out the window right now, as this time period isn't chart-able!

Everything is happening very quickly right now, and that's why I think it's possible that they could collapse the stock market in as little a 14 days!  Yes, that's seem unbelieveable, and I'm not saying that it will happen... only that it's possible.  Why?  Because too many American's are waking up to the fact that the country (and the planet) is controlled by Illuminati Gangsters Reptilians ShapeShifters known as "The Cabal"... hiding in organizations like "The Federal Reserve", the "The IMF", "World Bank" and "The WTO".

(to watch on youtube: http://www.youtube.com/watch?v=9agoVKwyq5o)

If the sheep wake up too fast, the wolves can't maintain their control over them... hence the reason I think they might surprise us all and just let the market collapse down to the fake print on the SPY of 34.65 in as little as 14 days... per the video at the top of this post.  That would absolutely surprise, shock, and wipeout every trader and chartist in the market.  No one could foresee a 70-80% collapse in just 2-3 weeks!  Do I think it will happen?  I just don't know?

I do know that the gangsters elite murders want to enact martial law and round us all up into FEMA prison camp for later genocide like Nazi Germany did.  As a matter fact, I fully believe Hitler was a reptilian shapeshifter too, even though I have no proof of it.  It just makes sense as he was just too evil to be human in my opinion.

So, how do you enact martial law?  You panic the citizens of the country with some staged event... and you do it quickly as you need it to be a shock to them.  A slow decline in the stock market over the next 6 months (while it would appear fast to many, it wouldn't have the same shock effect as doing it in 2-3 weeks) would devastate the American public, and cause lots of riots... but I'm not sure they could still get away with evoking martial law?

Expect the "Unexpected" as the Illuminati Reptilians fight with their last breath to carry out their Armageddon plans!

Yes, it's the last attacks from a cornered and wounded evil 3 headed monster... but until this evil is put down, things could get really ugly.  Ben Fulford states in his latest post that the White Dragon Society is making much faster process in bringing down the 4000 year old+ global regime as many of them are defecting and asking for protection in exchange for knowledge of the evil cabals plans.

People like Dominique Strauss-Khan and Rupert Murdoch are two of those people that are leaving the "darkside"... much like Darth Vader kills his master in the end to save his son Luke.  Some of the evil things that this people have done to humanity is unthinkable, but none the less true.  The ritual rape, murder, and cannibalism these Illuminati Reptilians do every month in their rituals is horrifying to everyone... and I, as an "immortal spirit" (just like all  of you are too), trapped in this human body with these feeling I have WOULD NOT FORGIVE THEM FOR WHAT THEY HAVE DONE!

However, at least one of the "unknown to the public" evil controllers of the world has asked for clemency (forgiveness) of all the evil deeds that he has done.  This is told in the video below by Inelia Benz in her interview with Bill Ryan of Project Camelot and Project Avalon.  The story is a wonderful one, and one you must watch.  In my mind it backs up what is told in the bible that the most evil of people can still be saved by asking for forgiveness at anytime... even if it's on their death bed or last few years of their lives.

(to watch on youtube: http://www.youtube.com/watch?v=feZqzZUV19w

It also backs up what Lindsey Williams says as his insider sources (who are pure evil Illuminati Reptilian... which I suspect even Lindsey doesn't know that they aren't human) are wanting to "come clean" and tell the world of their evil plans before it happens.  Maybe his sources are wanting forgiveness in their last days... which is what I expect.  That's why his predictions have been deadly accurate over the years.

There is no doubt that we are going to go through some very hard time over the next few months, but I think that after it is over, good will win and a new world of peace and wonderful technology and freedom will emerge.  Inelia says that we can chose our own time line to go down, and I chose to go down one of peace where the evil empire is defeated by good forces just like in Star Wars... and of course in the Bible, as in the end the Devil loses!

Use this stock market crash to make enough money to protect yourself and your family, as then later on you will have enough to help those souls less fortunate that didn't see this crash coming and didn't profit from it.  You are "The Resistance" and you must decide to say NO to the evil empire.  The choice is yours, not the Illuminati Evil Ones.  You can chose your own timeline and I hope you all survive this and come out better tomorrow then yesterday.

We are coming into a time period where people will be able to live for hundreds of years in their body, and in good health.  You have to focus on your spiritial self, physical self and financial self during this incrediable time period we are in right now.  Keep you frequent high by staying positive and not focusing on the negativity out there.  Just like how Merlin turned his back to Mab in the movie, and chose "not to believe" in her anymore (she dissolved and disappeared then), you can do the same to evil.

On another note...

The coming crash in the stock market starting Monday, August 8th 2011 is something that is going to be very hard to predict a bottom.  The only thing I can go back too is the FP's (fake prints) that I've gathered over the last year or so.  I have one showing 106.46 on the SPY from 10-18-2010, which hasn't been hit yet.  Could that be the target on Monday?  I'm sure there is a coded message in the print, but I can't figure it out.

However, I can speculate.  The "After-Hours %Change" shows 11.14% in green, which of course is 111... a key Illuminati number which tells me the print is likely a real one.  The closing price of 118.44 could be read as "11" meaning the year 2011, "8" meaning the month of August, and "44" or "4+4=8" meaning the 8th day of the month.  That's just guessing of course, but it's certainly possible that it's correct.  Remember, "Gary the Numbers Guy" sees the closing price of 11,444 on the Dow Friday as signaling an 8% crash on Monday 8-8-2011.

Of course there is the FP of 885 on the ES back on 10-01-2010 when the price level was 1141.75 (notice the 3 "one's" in the price level making another 111) is still out there.  It matches up with the FP on the Dow of 8300.0195 on 07-05-2010.  Both prints are at about the same level when put side by side... meaning that if one is hit, the other should be hit on the same day.  Does that mean it will be hit Monday?... or maybe it's the close for the coming week?  I just don't know?

But, these are significant points that the market is likely to go to like a magnet.  I also want to point out the VIX FP of 349.72 on 06-24-2010... which tells me that "if" this print is going to be hit, the market MUST Crash extremely fast!  It must be a massive shock to the public for the VIX to get that high I believe.  And, as I stated in the last post, the re-showing up of the 34.65 SPY FP on 07-29-2011 (that Anna caught), showing the same level from 01-31-2011, is another signal from the Illuminati that the print is real.  Notice the date, where the 29= 11 (2+9), and the year is 2011... or another 1111.  The first date I got the print (01-31-2011) also makes 1111.  Is this just a coincidence?  I doubt it.

All in all, the next few weeks could scary the living heck out of everyone!  All I can say is that I'm glad I'm still short and didn't get whipped sawed out on Friday when the gangster market makers whipped the market up and down multiple times during the day, sweeping out all the stops and panicking out the amateur bulls and bears.  I was fortunate enough to not fall into the that trap (as I've done before in the past).

Good luck to all...

Red

P.S.  Here's a copy of the FEMA 11-9-2011 planned emergency...

I have commented about this 11-9 date before and while I have continued to study the date for anomalies, I think I have found something important, that I wish to share with ATS members and others for the benefit of keeping others informed.

Consider the 5 items of interest that I am highlighting and listing for consideration on this matter.

1. The test date of 11-9-11 has been promoted for over 5 months within the federal government and while that just denotes prior planning, consider the following items. What this shows me is that they knew in advance what was coming and why they had to covertly schedule a test of the EMS while stating publicly that it's only a test of the new system.

2. 11-9, is the exact date that asteroid YU55 enters the Comet Elenin debris field. Such an entry into the debris field of Comet Elenin could deflect asteroids or even deflect YU55 into our moon or perhaps earth. Keep this concern in mind, because it will help explain my other concerns when you read them.

3. The emergency test is scheduled on 11-9, which is the exact date that earth enters the debris field. How convenient that both earth and YU55 enter the debris field of Comet Elenin on the same date with the potential for debris issues and or impacts on earth in the days that follow.

4. Since a 3 1/2 minute emergency EMS test is scheduled, I contend that this emergency broadcast will be used to actually give Obama the means to address an incoming disaster under actual emergency conditions to the nation. In other words, it will not be a test as much as an actual live emergency broadcast with Obama reading the teleprompter and telling us what he is suppose to tell us.

During the emergency test broadcast, I still contend that every secret mind control technology will be used to transmit mind control programming into anyone that listens to the emergency broadcast. While there are those that cant bare to not hear what Obama has to say, but if you take my advice, catch what he said afterwards and not during a live telecast. Those 3 and half minutes are going to come back to haunt you because if you listen to the broadcast, then you will be subjected to mind control programming needed to keep the masses under control.

In fact, I plan to make sure that I have no cell phones, no radios, no MP3 players, nothing with any chip technology that can induce the mind control programming that such an emergency broadcast will use to condition the minds of Americans to what is about to happen. While I realize they have many ways to condition you, I am not taking any chances on 11-9 at approximately 2:00PM when Obama will address the nation.

I believe that during the live emergency broadcast, Obama or someone scientific will explain that within 72 hours or sooner, that an object is due to impact the earth at a certain time and location or that such an object is going to impact the moon.

Such an emergency announcement allows the president to invoke martial law and take control of all areas of government through the continuity of government provisions and demand of the public to cooperate with federal authorities in whatever they ask. He will also most likely spell out what type of martial law we will be under during such an emergency.

5. 72 hours after 11-9 is exactly "11-11-11" and with Hollywood releasing the movie called "The Immortals" rise of the Titans on that very same date, I find it somewhat ironic that Hollywood is trying to tell us something cryptically if only we could see it.

Now, the last item I want everyone to consider is something you will only find here on ATS long before other conspiracy sites and those profiteers that call themselves alternative media begin to jump on the band wagon and spin their own yarn about what this information I just covered might all mean. These repeaters will repeat this information but will no doubt put their own spin on it in an effort to make some money.

The last item that shows me that this whole emergency test date and Comet Elenin and other objects have all been meticulously planned by looking at the calendar for November, 2011. Since I study rituals on a full time basis, the following is conditional on a ritual aspect being included in all this timing of events on key dates that are either 911 dates or mirror image dates of 911 much like 11-9 in November is a mirror of 9-11.

5. There are exactly 13 days from 11-9-11 until 11-22-11 and to me this shows that from the EMS test date of 11-9 until 11-22-11 this 13 day window will be used for ritual sacrifices by those that designed this ritual with all the dates and disasters involved.

Had I not found this 13 day window, I perhaps would not feel or think the way I do about this EMS test date, but since I have found evidence of a planned ritual timing, that is when I concluded that 11-9 will begin a process that Obama will be part of. That actual emergency test will begin a series of events that many will see as just part of the emergency, but could also be ritual elements that must be achieved before 11-22-11.

The reason 11-9 was selected was for the items I just covered above and because it begins the 13 day window that leads to November 22, 2011, when I suspect that as the final closing element of this ritual, Obama will be most likely sacrificed, assassinated on the historical anniversary of the JFK assassination which occurred on 11-22-1963.

Bare in mind that the JFK ritual death was also mirrored historically with the Abraham Lincoln assassination and so, if my studies are founded, then this is the very date that Obama, POTUS #44 will become the last sitting president to ever represent the USA and it will be openly, the first day of the New World Order that will emerge from all the disasters.

I know this may be pure conjecture to some, but I ask for your indulgence, because in my findings I find these 13 day windows to be key clues and since 11-9 until 11-22 is exactly 13 days until the end of ritual, I have to take notice and consider what it implies in the greater scheme of things whether I feel it is unfounded or not.

Before November ever comes, we must live through the time frame that begins on September 11, 2011 and carries us through the end of the planned ritual, November 22, 2011. I would be lying if I said this period is not going to be action packed with many things both good, bad and a possible pole shift of the planet as a massive object passes earth on the way out of our solar system.

I hope I have offered some additional material to consider surrounding the November 9, EMS test date. Thanks again and before you forget, mark down the 13 day window. I have a feeling you will agree when it becomes clear that all of this was staged, planned and coordinated by those that brought us Waco, Oklahoma City, 911, Katrina and the AZ shooting spree and the Japan and Christchurch disasters.

The NWO rituals are all about death and destruction, so if you will just keep that in mind as events unfold, I am hopeful you will see that my suspicions were totally spot on. Besides, we only have a short time to find out if I was right or not. Until then, I will continue to inform those that choose to know.

Here's the actual link to the post above stating that the Illuminati plan to assassinate Obama on 11-22-2011...

http://www.abovetopsecret.com/forum/thread737098/pg1

The Truth About The May 6th 2010 Flash Crash And The Next Coming Stock Market Crash In 2011

Red
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The Truth About The May 6th 2010 Flash Crash And The Next Coming Stock Market Crash In 2011

Does the stock market crash on August 5th, 2011?

(to watch on youtube: http://www.youtube.com/watch?v=J8zNd6AYP84

Red

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Here's the truth... the Flash Crash was planned by the Elite Illuminati Gangster Reptilians!

(to watch on youtube: http://www.youtube.com/watch?v=0gXf-vXhgbc

Not only was it planned well in advance of the actual event, it was told to their insider buddies at midnight the day before it happened.  This fake print (FP) shows a trade was executed around midnight the day before the flash crash, with the exact price level they planned to take it to.  Notice the 66.6667 level on the Full Stochastic, as it's a ritual number for the Illuminati trash.

The first screen shot also shows what happened on Thursday and Friday, and you can see that the FP is still showing up as well as the actual print low Thursday afternoon.  If you had seen this print the day before (I didn't catch it, as this screen shot was emailed to me the day after it happened), you would have be able to exit your shorts at the bottom and go long for the ride back up... which allowed the insiders to make a killing, while the us sheep got robbed.

The stock market is setup to steal money from the innocent people (sheep) and give it to the elite gangsters (wolves... or Reptilians actually).  It's been that way ever since it was created, but the manipulation that the thieves have been doing is at extreme levels now... and has been since about 2008 when they started all the quantitative easing (QE1, QE2, QE?...) programs.

These programs were just a way to inject stolen money (from you... the sheep, in the form of inflation) into the stock market to keep the ponzi scheme going up until now.  The gangsters simply put the money into the crooked banks, and wrote themselves out record bonuses.  They were all on the verge of bankruptcy, and were supposed too take that bailout money and give it out in loans to us sheep, but instead they used it to manipulate the stock market with... suckering in more sheep back into the market, and then stealing it all in one quick flash crash move down.

They are about to do it again... but this time the market will stay down!

Recently, an old FP showed back up... one that I seen back on 01-31-2011, showing the SPY at 34.65! Yeah, that's not a mistake... I said 34.65!  On Friday the SPY was 129.33, which makes clearly makes the 34.65 print seem impossible to hit.  But, what if it's another signal to the insiders as to where they plan to take the market?  The print that I caught back in January of this year was caught again Friday by Anna (hotoptionbabe.com) on her 4 hours chart of the SPY.  I didn't see it on my chart, but she uses Think Or Swim and I use Ameritrade... so possibly the systems are different and it never appeared on both?

There is a guy named Alan (howthestockmarketisprogrammed.com) that explains how they (the operators controlling the stock market) could seen out price levels for certain prints (high, low, open, and closing price) in color to the insiders, while us sheep see it in black and white.  They have the technology to do that, so only certain people will see the color prints... which will allow them to know where they plan on taking the stock market to, the exact level, and the time it will hit it.

I think that is the case now, which explains why these FP's don't show up on every different charting platform.  I've seen prints show up on Ameritrades' platform (Prophet Charts), but not on Think Or Swim... and vice verses.  I think those are accidents, as the system they use to inform the insiders with colored numbers isn't perfect and sometimes us sheep see one show up.

However, knowing the exact date that it will be hit is still a mystery to us sheep, as we don't have the prints in color or the code to understand how to read them.  So, we can only guess at the "when" part for the FP to be hit.  But, since we are just 2 days away from the possibility that America could default on its' debt, I think the FP showing back up is a signal that they do plan to default.  If so, then the time to hit that 34.65 FP on SPY is very near, as a stock market crash will definitely happen if America really does default.

Lindsey Williams said that America was going to default on its' debt...

As you remember from me previously posting the latest from Lindsey Williams, he cleared stated that America is going to default on the debt... and raising the debt ceiling or not doesn't matter one bit!  Meaning, this Tuesdays' deadline isn't important as the elite gangsters have already made their decision... DEFAULT!

While I still question why Lindsey Williams is being told all this information, I can't deny the fact that he has been extremely accurate up to now.  My question is... "why are the Illuminati gangsters telling him the truth?".  These thugs are master thieves and lyer's... why tell the truth to Lindsey when they know he will inform the sheep?  I think they are telling Lindsey stuff that they want us to know about, because they want to upset us enough for us to start rioting in the streets and creating the violence they want too happen.

That way, they can declare Marshall Law and arrest us all, put us in FEMA prison camps, and finally burn us to death in train cars like the Nazi's did in Germany.  Yes my dear reader, FEMA has nice pretty train cars ready will welded shakels to the floor to keep us locked up in while they burn us patriotic American for standing up for freedom and our rights to free speech... but of course they will tell the rest of the population we were terrorist.

I any case, I think Lindsey is telling the truth on America defaulting, and that will mean the FP on the SPY is the downside target.  The "when" part is still unknown, but in this interesting radio interview with Dex at "The Vulcan Report" (http://pulsescan.blogspot.com), he thinks that it could all happen in just 2 weeks!  He's analysis is based on what he sees in the computer algorithms, and they are telling him that programed selling will take place and it will simply free fall like a rock.  He also states that he heard (word on the street) that the "Plunge Protection Team" will step aside and just let the market fall.

This will be the largest Stock Market Crash in the history of the Stock Market!

Can you imagine what is going to happen if this is all true and the stock market does fall to 34.65 on SPY (about 3,000 on the Dow)!  There will be riots in the streets as people are suddenly broke overnight, as their lifesaving in the 401k plan is now worth 10 or 20 cents on the dollar!  Mass unemployment will follow as companies are forced to shutdown because the value of their stock dropped to record lows, making it impossible for them to continue paying the liabilities owed to keep the company running.

Is this why all the government gangsters are fleeing the country and stocking up with 6 months of food and water... because they know what's coming?  I really don't know if people will actually get paid on any short positions they take if the market really does drop to those levels.  The gangsters will likely make all the trades invalid and not pay out on them (not their short positions of course... just the one's us sheep take).

Don't forget that these insiders have been selling their stock over the last several months at record paces.  In fact the insiders selling is the highest level in the history of the stock market.  Most of the selling was done last year, which should tell you that the gangsters have been planning this collapse for a very long time.

In the week ending last Friday, according to the latest issue of the Vickers report, this sell-to-buy ratio stood at 6.43 to 1. This is higher than 95% of other weeks' readings over the last decade.

The latest from Ben Fulford is that "The debts are finally being called in and those who thought they were Gods fall to earth!"...

In this latest report by Ben, he states that the world in basically "no longer accepting the US dollar for trade".  The Chinese and Russia have agreed to trade oil with other curriences, which means that the Federal Reserve gangsters can print all the money they want, raise the debt ceiling, and it still won't matter... meaning the Fed Dollar will collapse!

That of course reminds me of what Lindsey Williams said about the dollar... that it will collapse!  No matter how you spin it, the about of debt the gangsters created (and push off onto us sheep to pay)... it's impossible to pay back.  Take a look at this explanation of what are debt looks like in 100 dollar bills stacked up (http://usdebt.kleptocracy.us)...

The taller tower on the right is our debt... and it's almost twice as tall as the twin towers!  It's impossible to pay back!  That's why America has no choice but to default, and why we are likely to see the FP level of 34.65 on SPY actually hit!  Scary huh?  To think that this is all done on purpose to steal the last dime from us sheep, and make us so broke we can't afford to protest, just makes my blood boil!

Ok, so lets add up what we and know and come to our own conclusion...

  1. The old FP from back in January showed up again on Friday, just days before the debt ceiling deadline on August 2nd, 2011.
  2. Lindsey Williams, who has an outstanding accurate track record so far, stated the America will default on it's Debt
  3. Dex's computer algorithms are showing that the market could collapse in the only 2 weeks, and "the word on the street" is that the Plunge Protection Team will stand aside.
  4. Insider selling is at 6.43 to 1 as of last Friday, higher then 95% of other week's dating back for the last decade.
  5. Insiders in the government have been told to stock pile 6 months of food and water, and leave the country if possible.

The amount of debt owed is mathematically impossible to pay back.

At this point, it is my conclusion that the largest stock market crash in history is just days away from starting.  And I'm going to further conclude that the coming Legatus pilgrimage that ends October 23rd, will be the bottom and a turning point for the market to start back up.  This all assumes that we don't crash to the FP level in just 2 weeks, and then I really wouldn't know what to expect?  If so, then I would assume the market would basically trade in a wild and choppy range until October, at which point another round of money will be put into the market... starting the real rally.

I haven't touched on what the charts say in this post yet, as it won't matter if this crash happens.  But if not, then let me go over that briefly too, as that's important to know as well (just in case I'm wrong on "The Great Depression Two" happening).

Ok, the market had every chance to rally on Friday but failed.  The 60 minute charts are pointing up, but with the daily and weekly pointing down, I don't think is can go up very much further.  I'd expect it to rollover quickly and head back down  lower... breaking the 200dma.  I know some people are expecting a wave 2 up, but the daily charts (and the weekly) just don't support a move up starting on Monday.

The short term charts need to get oversold again before I could see a rally starting... and that's not the case going into Monday.  Plus, I didn't see any fear or capitulation move in the market Friday... which usually marks a short term bottom.  Any way you look at it, I just don't see a rally starting on Monday.  The daily MACD's are still pointing straight down with no sign of turning back up yet.

Possibly Tuesday we could see them turn up and start the wave 2 rally (again... assuming we don't crash and they pass a bill to raise the debt ceiling).  However, a move back up would quickly fail, and I doubt that it would last more then 2 days.  It would also set up a perfect "MA" pattern with the "M" already being formed and the left side of the "A" being the rally up.  The following right side of the "A" would be take out the current low from June of 1258 SPX.  It would also be called a "Wave 3" in Elliottwave terms... and I believe it will be several wave 3's, not just one.  That means it will be a powerful move down, multiple wave 3's are scary moves that take a lot of people by surprise.

What seems likely to happen is another move down on Monday to get all the short term charts oversold (and letting the daily find a bottom it can bounce from), followed by a rally for wave 2 up on Tuesday will some type of positive news on the debt ceiling bill being resolved.  Remember, whether it passes or not isn't important... America is still going to default on its' debt.  This debt ceiling issue is just a distraction, which should give the market the wave 2 up people are looking for... but after that quick fix shot of crack wears off, the market will roll back down and start the multiple wave 3's!

On the another hand, what if the debt ceiling isn't raised?

In that case, I wouldn't be expecting any wave 2 up to start, but instead the 2 week crash that Dex stated his algorithms are pointing at as possible to happen.  So which will it be... I don't know?  But the writing in on the wall now, I just can't decide if I want to believe it or not?  We have a turn date on July 30th from the New Moon, which should mean a rally as we have been selling off for awhile now... but will it?  Afterall, they don't always work... and certainly this time really is different!

(to watch on youtube: http://www.youtube.com/watch?v=8pdWiQU397A

I haven't even talked about Elenin (Planet X or Nibiru), as between August and the end of the year it is supposed too be passing at its' closest point to Earth... which is what many think will rotate the poles and kill 90% of the population (while the elite gangster reptilians hide in their underground cities).  Of course if this happens, then I'll be dead like the rest of you wonderful readers... as the sheep always get slaughtered by the wolves it seems.

So what's the point in even writing this blog post if I  believe all of that is going to happen?  Because I don't think it will... that's why!  Sure, the stock market is going to collapse, but I don't think we will be harmed from Elenin (assuming it's real and not a hologram made up with the gangsters secret technology they got from the aliens they have been working with).

All in all though, I'm happy today and hope all of you are too!  If the poles do shift and 90% of us die, I'm still gratful for the time I've been alive on this beautiful planet... and hope to return in my next life as one of my cats, because they've really got it easy and don't worry about anything!  LOL 🙂

Best wishes to everyone, and try to stay safe if the crap really does hit the fan...

Red

P.S.  After writing this post they reached some type of debt deal and the market is rallying this Sunday night.  At this point it looks like we will have our wave 2 move up afterall.  But once it's done, I still expect the market to tank.  There is the possibility of some type of false flag event staged by these gangsters to blame the crash on... so keep that in mind too.

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

_____________________________________________________

Tuesday Update...

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

Red

_____________________________________________________

Monday Update...

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

Red

_____________________________________________________

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

____________________________________________________

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

_____________________________________________________

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

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