Weekend Update – Revisiting The Fake Prints

By Red, on November 28th, 2010

My thoughts on Wikileaks…

Red

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Monday Update…

(to watch on youtube: http://www.youtube.com/watch?v=EA2LZC0ViEc)

Red

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Hope everyone had a good Thanksgiving here in America.  For those outside of America, it was just another day… and to be honest, that’s all is was for me too.  I guess I’m just not much of a “holiday” person (hence the reason I never seems to know what date it is… LOL).

As for the markets, I think we could get a little shocker before the Santa Claus Rally happens.  Next week looks bearish to me, with Wednesday and Thursday being the only possible bullish dates.   I say that mainly because the large amount of POMO being injected into the market on those dates.  But that still doesn’t mean a huge rally taking out the 1200 spx level.

Taking out that level will really be determined on how far down we go first.  If we only sell off a small about, to like 1150 area or so, then the rally to follow will surely take out that resistance level.  If we go down to the 1130 level, then the ride back up to 1200 might not happen until the last week or so of this year.

(to watch on youtube: http://www.youtube.com/watch?v=DekC-uBC5Jw)

But, if we take out 1130, then the 1200 might not be seen for a long time to come.  The key is to figure out if the high is already in, which would mean we are starting a wave 3 down inside Primary wave 3… or if this is only a wave 4 down with 5 up yet to come, taking us up to the DIA 118.16 FP to complete Primary wave 2.

I think it’s only a wave 4 down, with one more move up to follow.  But, that December 7th date is very close now, and North and South Korea could start a war at again time.  Some false flag event staged by the Fed’s could still be out there waiting to happen?  It could be done to bring the US into the war in Korea?

Just don’t close your eyes on this conflict between the two of them, as I’m sure our Illuminati gangsters had something to do with starting it.  What is unknown right now, but it will eventually come out.  Back to the December 7th date… it’s the date shown in the this FP of the Wilshire chart, which still makes me wonder about the reasoning behind it?

(to watch on youtube: http://www.youtube.com/watch?v=tm6CeNHyy9g)

All of the other FP’s show the print on the date that it was taken, not 3-4 months prior to it.  That’s what puzzles me?  While I can’t imagine the gangsters crashing the market in December, during the holiday season, it would certainly surprise the most amount of people if they did.

Everyone is now expecting a 5th wave up into early January/February of the next year, so a continued move down would catch all the bulls and bears by total surprise.  While I don’t think it’s going to happen, I will be following the charts closely and only going long for the Santa Rally after that date has clearly past.

I think the DIA FP is our final upside target and it will be hit early next year.  The Wilshire FP is still valid and will likely be our downside target, but right now I’m not thinking that it’s going to be hit on December 7th, or even start to crash on that date from another Pearl Harbor false flag event.

However, it’s still odd how the print shows up 3-4 months prior, while none of my other print show up like that.  It’s in a league by itself, but the reason is still unknown?  Maybe it’s for 2011, and not 2010?  Or maybe it means nothing?  Regardless, it’s worth noting again as the date grows close now.

Plus all that tension over there in Korea could be something that would be involved in a crash around that date?  I don’t believe it will happen, as I think we are simply going to have a correction down to 1150, 1130, or even as low as 1060… the FP level from awhile back… not a crash.

What fun here is that I’m actually “not” calling for a crash this time.  How usual is that for me?  Now wouldn’t it be crazy if it did happen?  Nah… it’s not going to.  But, I’ll be short around that period… just in case. :-)

For the short term, Monday looks like it’s ready to sell off some, followed by more selling on Tuesday.  While the 60 minute chart is pointing down into Monday, the 15 is pointing up.  So, the surprise move would be to gap it up to squeeze all the bears that went short on Friday.  Then to reverse the rest of the day and close negative, with “Turnaround Tuesday” not working and a continued downward move following until Wednesday saves the day with new POMO money.

However, keep in mind that the POMO money has had a lot less effect now on the market, as compared to weeks and months back.  It seems to only pop the market higher briefly and not be able to go as high or sustain as long.  This will continue until a nice correction happens I believe.

After a decent pullback, the traders will feel more comfortable about going long (with the added POMO money), as opposed to “selling into” the POMO rallies as they seem to be doing right now.  We can also see that the dollar is rallying hard right now, and seems to be in a wave 3 (or B) up, and will add more pressure to the downside on the market.

The mass media puppets are all taking about shorting the dollar right now, which another reason I believe it’s going higher.  Remember, they are all paid liars… so do the opposite and you’ll be far better off in the long run.

Despite all the money printing that Bernanke is doing, the dollar still rallies!  LOL!  Of course in the long run the dollar is doomed, but for now it’s great to see it rally against the gangsters wishes.

The non-farm payroll report is also coming up soon, and has been a significant turn date in the past.  So, we will have to watch closely to see if we are going down or up into that date.  Many times it has been the bottom of a down move, which could happen this time too?

It would allow the market to still have the Santa Rally the remainder of the year, and that’s what I’m really expecting to happen this time around.  Overall, we just have too keep our positions small… just in case some unknown false flag event does happen around that December 7th date?  Better to be safe then sorry I say.

Again, I don’t think anything will happen, as I see us moving up to the DIA FP first, and then crashing down… but anything is possible, and not expecting something to happen, is exactly when they will do it!  Every prediction for a “false flag” has been wrong, or if not wrong… the “event” was stopped (as in the fired ICBM missile off the coast of California).  That tells me that we might only be able to figure out the date of the event, after it happens.

Those gangsters have been playing this game for decades now, and they know how to fool us sheep quite well.  If someone actually does figure out their plans, he/she might not be able to inform the public, and us sheep will still be eaten by the wolves.

Red

P.S.  Here’s a link that has Ben Fulford’s latest reports…

http://www.galacticfriends.com/updates/nesara-canada.html

99 comments   Leo's Den   Bernanke, Bilderberg Group, bilderburg group, DIA, DOW, Geithner, Goldman Sachs, JP Morgan, legatus, Obama, possible stock market crash, SPX, spy, stock market, stock market forecast  

Fooled Again!

By Red, on November 23rd, 2010

Wednesday Update… Happy Thanksgiving everyone!

(to watch on youtube: http://www.youtube.com/watch?v=A-i2BXQpaxg)

Red

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Wow, what a surprise today!  I certainly didn’t see it coming!

(to watch on youtube: http://www.youtube.com/watch?v=z8e_iAuuUeI)

I knew there was a possibly of another “Dubai Surprise”, but I thought it would be this Friday, not Tuesday.  I expected the usual grind higher, but instead they decided to sell it off and fool many bulls and bears alike.  While I did mention that we could be forming another “MA” pattern, which would have had us sell off like we did today, I really didn’t think it would play out.

Well, I guess that’s why us sheep are still sheep… and not wolves, because they seem to pull these little tricks when not many are expecting it.  It’s the perfect time to sell off the market, as the light volume holiday week will allow them to take it down slowly without a panic, to reset the charts again.

Then they can rally it up for all of December to make Santa happy.  Yes, I do believe we will still get a Santa Rally.  This North Korea/South Korea event was timed perfectly.  Just do it during the America Thanksgiving holiday’s as most of the traders will be gone and the light volume will be easy to manipulate by the gangsters.

However, I believe the likelihood of us starting a major move down here are slim.  This sell off it too controlled… no panic whatsoever.  I don’t think this is the start of wave 3 down in a 5 wave pattern.  I think it’s wave C in an ABC correction down to make up wave 4, with wave 5 up still to come.

I think wave 5 will take us up to the DIA FP next January/February for the final high of Primary wave 2.  After that, P3 should begin down, and all hell should break loose.  This should have started this year I believe, but some how they must have extended it for some unknown reason?  Possibly to get though the November elections and the Christmas/Thanksgiving holidays?

Moving on…

Right now, as in tomorrow, I’m expecting a slightly up day or “pause” day.  It’s common to see them after such a large move down, or up.  After that, I don’t know?  Friday is only a “half” day, so it could be another pause day, or a surprise big down day (from some other unknown news event)?

This week was a wildcard week anyway, as most people thought it would be a flat to positive week.  I’m sure there weren’t many bears that were short the market today, and that’s exactly how they planned it.  The luck ones that were short, and did profit from it, probably closed their positions out too early as they too were shocked that we actually sold off as much as we did.

Well anyway, I’ll just have too eat some more mud again I guess, but I’m expecting the rest of the week to be flat to slightly up.  (Now I know it’s going to tank… LOL).

Red

123 comments   Leo's Den   DIA, DOW, possible stock market crash, SPX, spy, stock market, stock market forecast  

Weekend Update – Thanksgiving In Dubai

By Red, on November 21st, 2010

Monday Update…

(to watch on youtube: http://www.youtube.com/watch?v=uXyP3i38Fvs)

Red

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Confusion, Confusion, and More Confusion…

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

That is the what the market is doing to most traders right now.  It’s no secret of course, as that’s what “The Powers That Be” are trying to do… confuse both the bulls and bears, while secretly stealing their money.

So where does that leave for next week?  Probably just as confused as this week was.  Last week gave us a nice bear flag that fail to play out, as the bogus GM IPO was used to rally the market and rob the bears.  Now I guess everyone is long again, and expecting the usual “Bullish Monday”… plus a bullish week because of the coming Thanksgiving holiday.

When was the Dubai news released last year?  Answer: Thanksgiving!  Interesting… huh?  Certainly makes you wonder if they might pull another fast one on this Thanksgiving?  Most people have completely forgotten about that, as TPTB had the entire holiday weekend to calm the market from the news, which keep the market from tanking.

Is there another Dubai just hiding in the closet, trying to get out?  I don’t know, but the charts look a whole lot more bearish right now then they did last year at the same time period.  Another major news announcement like that right now would cause a whole lot more damage to the market I believe… and recovery would be a lot longer the one “holiday weekend”.

Well, that’s all just speculation… don’t make any trades on it.  It wasn’t like it crashed after that news anyway.  In fact I think it only dropped about 30 points or so.  But a nice 30 point drop on SPX right now would certainly be nice to have, as long as I was positioned short of course.  LOL.

Moving on…

Let’s try to figure out what might happen next week.  The daily chart shows the spx as hitting a necktie of resistance as the 10 MA (currently at 1201.92) is getting ready to crossover the 20 MA (1198.14), which is a double dose of bears holding back the bulls.  We have a similar setup on the Q’s for the Nasdaq, the Financial’s, and the NYSE daily charts.

The 60 minute chart is overbought and losing steam on the shorter time frame MACD period’s, but the longer time frame seems to be turning back up from oversold territory.  This doesn’t help us out at all.  Basically, it’s a “neutral” position right now.

The 30 minute chart is also at a neutral level, but looking like it wants to go up.  The 15 minute chart similar to all the others… neutral.  Not much point covering the 5 minute chart, so I won’t.

As for the weekly and monthly charts… no clues there either.  We could continue up a little higher, or rollover right now, with the current high holding.

The dollar seems to be backing down a little, with another move up still expected to come.  The timing is unknown of course, as it could fall a few more days and just chop around forming a base to launch higher from next month.  The VIX could also fall back down a little lower, and chop around a few days before moving higher again.

This sets up December for being an ugly month, which is totally opposite of what most December months are.  But, remember that last October and September were historically negative months… which just the opposite happened this time around.  Will it be the same for December?

I can’t answer that of course, but I’ll simply point out that the charts will support a sell off next month… but I’m sure they could be manipulated a little longer allowing the market to stay up until January of next year.  After all, this entire rally from March of 2009 has been one big manipulation.  What makes you thinks it’s suddenly going to change now?

Just because the charts say we rollover and sell off in December doesn’t mean it’s going to happen.  I’d actually be shocked if they tanked it during the Christmas season.  But, that’s exactly what they like to do… shock everyone!

Ok, as for Monday…

Just speculating here, but since the pattern over the last few day (on the 60 and 30 minute charts) looks like a “cup and handle”, I’d say that we could gap up on Bullish Monday (to hit all the stops of the bears of course), and quickly fall back down all day and close negative.  This would probably push the 60 minute chart (and the shorter time frames too) into oversold territory and allow Tuesday to rally back up.  (However, if they don’t gap it up Monday, I still expect it to close down on the day as the 60 minute needs to reset itself before attempting to rally higher again).

Then a continuation of that rally into Wednesday, with a little profit taking into the close as traders leave early for the holiday’s.  Then the gangsters can steal all the bulls money on the half day of trading Friday, with some other negative news, only to be rallied back up over the 3 day weekend… or not?  (Then a nice wave 3 down would start, instead the completion of an ABC, with one more wave 5 up left that should end in January).

Yes… sometimes history does repeat itself.  Of course I’m speculating here, and don’t really expect everything to play out exactly like that.  I could be totally wrong on the whole thing, just like I’ve been wrong in the past.  This game is simply a big gambling casino anyway.  We just play the odds, and count the cards.  But it’s always tougher in this game, as the gangsters know what you have in your hand…

Oh, screw it… hit me again!  I’ll get a BlackJack one day!

Red

106 comments   Leo's Den   possible stock market crash, SPX, spy, stock market, stock market forecast  

More Manipulation As GM Is Relaunched

By Red, on November 18th, 2010

Some things never change, and manipulation is one them!

(to watch on youtube: http://www.youtube.com/watch?v=o8iVq-tM-t4)

Yes, the bobbleheads on TV will blame the rally on the IPO release of GM (Government Motors), but it was really just a reason to squeeze out the bears just before option expiration tomorrow.  Speaking of tomorrow, I don’t expect any move down to occur.  If it’s not a flat day, then it’s likely going to be an up down… but not down, at least not anything worth shorting.

Now the real question is… how far can this rally go back up?  Of course I can’t answer that, as if I could… I’d be rich and retired on some tropical island, instead of writing a blog about the stock market, aliens, and the Illuminati.  Since I’m stil here, you can come to the logical conclusion that I’m just a poor smuck like most of you guys (and gals).

So, scenario one is that this move back up is our wave 2 retracement with wave 1 down being from the 1227 high to the 1173 low Tuesday.  That suggests that tomorrow and possibly Monday, we shouldn’t take out that high, and will fall short of it at some Fibonacci level.

Right now we are at the 50% Fib. level, but we could easily continue up tomorrow to the 61.8% or 76.4%.  Put simply, we have a resistance level at 120.90 spy, which is a double top from Monday, November the 15th.  It’s also about the 61.8% Fib. level.

After that, we have resistance at about 121.50 and 122.00, and finally the 122.95 spy double top high from last week.  If we take out the high, the scenario one is out the window, and we are in scenario two.

Scenario two has the move down from the 1227 high to the 1173 low as a wave 4 down, with one final wave 5 up yet to happen.  It should take out the current high, and if my FP on DIA of 118.16 were to match up with the spx, then I’d expect 1260/1280 level to end that final wave up.

Of course after that happens, I’d expect the top of Primary wave 2 to finally be in, and P3 to start shortly afterwards.  This could happen as early as next week, or we could fail to take out the current high and instead follow scenario one with some type of wave 3 down to start sometime next week.

Being that it’s going into Christmas, I can’t imagine them starting P3 yet.  It would be more logical to save the DIA 118.16 print until January of next year, and just have a correction start next week, that might simply put in a higher low then the 1040 level from months back.

What level I don’t know?  Maybe down to the 106 spy FP, which is about 1060 spx… and that’s a higher low then 1040 is.  After that, then rally up all of December and into January (and possibly early February) to finally top out the market at the DIA print… and end P2 once and for all.

Then P3 would start down in early next year and probably last all year long, making 2011 the worst year in the history of the stock market.  Again, I’m guessing at all of this, but I still believe that the DIA FP will be the final high of P2, with a massive P3 down to start shortly there after.

Back to tomorrow… the usual pattern is to have “pause” day following a large up or down move.  Since tomorrow is also opx day, you should expect light volume and for the market to have an upside bias to it.  At the end of the day of course, they will pin the spy where it benefits them the most.  This could be a sharp up move or down move in the last 30 minutes of trading.

I would guess that if they rally up a little more tomorrow morning, and throughout the day, then a small sell off to lock in profits from the longs, and to pin the market at the maximum pain level for the put holders.

Ok, that’s about all I got for today.  Let’s just wait and see what happens next…

Red

P.S. Why do we need a bill to be voted on concerning procedures to follow if the Anunnaki Reptilians attack us if aliens don’t exist?

136 comments   Leo's Den   DIA, DOW, possible stock market crash, SPX, spy, stock market, stock market forecast  
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