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... Red Dragon Leo

I heard about that electric grid shutdown too but so far ever last thing predicted since about 2009 forward never happened. We all got scared with Planet Nibriu, Mayan Prophecy of “the end” in 2012, and dozens of other scary forecasts… but none of them happened.

I don’t think this one will either. Even that image of the Simpson clock isn’t likely to happen. Sure, the elite tell us in advance of what they plan to do to us but we could be monitoring the wrong movie/s looking for clues. I don’t think they will do another false flag on America soil as they all live here too and don’t want that kind of panic in the streets.

Could they do it in some other country? Yeah, I guess so… but so far they still want to cook us frogs in the pot slowly so we won’t notice the water getting hotter until it boils us to death. Those “shock” events are done to just keep us scared and distracted while they steal more money, power and rights from us without notice.

While a pullback is still likely to happen I’m starting to think that they are going to rally this up much higher then we believe possible next year, and maybe the year after that too? While you can’t trade off what Lindsey Williams says I do believe his statement that the elite aren’t done creating enough debt yet.

Therefore, they must keep this QE3 going every month for a lot longer so that they can get the market up to levels never believable before they put the money out and let the market crash like 1929 (only worst).

I think we’ll top early next year but I’m not even close to 100% confident about that. Plans changes and one of them was the sell off we were expecting to happen after the recent Legatus meeting. They obviously decided to keep the market up and not give us bears a big drop.

The next meeting is Feb 6th-8th, 2014 but until we top 2000 SPX I wouldn’t even think for a minute that the “real crash” is coming. Sure, we’ll have some nice moves down but the crash I’m talking about will wipe out 50-75% of the entire market. It will bankrupt thousands of people and businesses while the elite steal everything they own.

I really don’t want it to happen as it’s going to change America in a horrible way. It’s not good for anyone (but the elite of course) as I seriously doubt if even the very best bear trader will be able to win huge in the move down.

Anyway, as for the rest of this week I “think” we are going down as I described in this chart earlier. http://screencast.com/t/0NrbRGq04sz I still think the inverted H&S pattern will fail and we’ll drop nicely… probably Thursday morning as that’s the most bearish day of the week I’ve noticed.

... i Bergamot

Red,
Do you have an opinion about this ‘scheduled’ electric grid shut-down on November 13-14?
11-13-13 Another date too easy to remember (like 9/11, 7/7 etc)?
Also it seems too easy to make parallels to other false-flag events of recent past and how gov … and bla-bla-bla

... Red Dragon Leo

Everyone keep your eyes open for visits to elementary schools by Obama… http://www.whitehouse.gov/schedule/president/2013-W45

Tomorrow being November 6th and that FP on the VXX of 76 (don’t have a copy of it yet) has me a little concerned about another false flag event as shown in the Simpson clock episode. http://reddragonleo.com/wp-content/uploads/simpson-nuclear-explosion-clock-episode1.jpg

I really am NOT expecting anything bad to happen and I don’t think anything will… but we must keep our eyes open for more FP’s and then look for clues to possible dates it could happen. I don’t see anything important about tomorrow though so the clock could mean nothing?

But I still wanted to but everyone on alert about it as most bears are asleep now and would miss a shotgun going off near them due to deep hibernation. So just keep one eye open as the predator is still out there lurking.

... zstock7

dow is about to drop 800, nasa sar flipped to sell today

... Red Dragon Leo

Don’t think they work much anymore Rose. You can’t predict the “when” part on them so they aren’t worth much on short term. The intraday ones seem to play out within a day or so but the far out FP’s can happen a year or two out? You just don’t know the time frame on them so it not something you can trade off of I’m afraid. But do post a screenshot of it if you see one.

... rose

Red, somebody on an another blog saw a fake print on vxx: 76

... Red Dragon Leo

The action over the past week is telling me that “they” aren’t going to let the market tank 3,000 Dow points as previously expected. The decision made about the market in last Legatus meeting must have been to keep the market going with only a small pullback to work off the overbought conditions.

This choppy sideways action on the daily chart is nothing more then a bull flag in the making. It could turn back up at anytime but looking at the charts we seem to be too overbought on the weekly to go up too much further.

But this choppy action will still allow them time to reset the daily and 60 minute charts from their overbought conditions to neutral… which could last all week. Then we might see the pressure of the weekly chart push the daily into negative territory which should push the actual price level down some.

However, I don’t think they will allow the market to tank really hard. We have support on the weekly chart around 1700 SPX so that’s about as low as I think they will allow it to go. Then we should rally back up from that zone as they will have gotten the daily charts oversold by then and as long as the weekly chart hasn’t rolled over too bad they should be able to turn this market back up later in November or early December for the Christmas rally.

If 1700 doesn’t hold then the 1650 area would be the lowest levels I’d expect before we end the sell off and start the end of the year rally. Time frame I’m expecting is the next 2-3 weeks for this to happen. It should be choppy all the way down with crazy one day rallies to scare the bears out while the reset the charts for the bulls to take over.

Therefore, I no longer expect any big wave down to happen. Clearly they have changed the plans and put off any crash we thought we were going to get. Sorry to disappoint you bears but I don’t control the market…. they do! And “they” seem too be hell bent on keeping this illusion of a healthy economy up for a little while long I guess.