your probably right. Al Capone said of the Stock Market “It's rigged”
I'm not going to tout religion, but we are in the end times, get used to it. The world is going to fall apart at the seams and after paying hell there won't be money, police, doctors and lawyers. I would estimate (guess) its about 7 years off and it will be all over. I'm not kidding.
The problem is as soon as public jump on long-side, Goldman takes opposite trade and crash market. This is how this game is being played, only one player wins. Imagine how crooks on Wall Street collecting 150 billion dollar bonus in one year. Someone paid that money, and that amount is just employee bonus only, not total profits.
The market needs to go up, generally. I mean this country needs the market to go up. It's a national security issue. The market goes up, or this country goes under.
And, the government, being responsible for national security, has arranged for the market to go up, generally.
No need to stay on the sidelines. Just be aware that there will be times when the market will go up when it seems that it should go down.
There will also be times when the market will go up a lot when it seems that it should go down a lot.
It really doesn't matter why this is happening, or who is doing it. It's happening. Be on the right side of it and make some money.
Exposing The Story Behind Goldman's Record Profits – Link provided below …
This is a rigged market. Leave this market to Goldman and stay on the sidelines. Goldman is sucking every speculative dollar out of the market killing both bulls and bears alike with their proprietary trading. Understand that in this monopolized game only one firm will make Money, all the remaining players go bankrupt, eventually. I am posting this message as a community service. Stock market is not going down as Elliott Wavers claim, it is going up. Goldman will destroy credibility of Elliott wave theory in just a few weeks by taking DOW to new high.
Please read an article titled “Exposing The Story Behind Goldman's Record Profits”
I think you see the big picture very clear, but the big picture is on a very different time frame from which the day to day gyrations taking place.
As you continue to observe the rhythm of the market you will become more in tune with the harmony of the market, which will enable you to perform a flawless dance with the market.
The market will lead in the dance and you will follow, individuals get into trouble when they try to lead the market in the dance.
Remember the intra-day gaps I keep talking about SPX: 1085.89, 1127.38 Those are intentionally left by the operators, so any short positions taken lower than those numbers will eventually become underwater. This all goes back to letting the market lead in the dance and you follow.
I see you use a lot of traditional TA and EW, that's not bad, but whatever method (s) you choose to use they must connect you to the rhythm of the market.
As for the bull rush into the close on Friday, it had to do with the setup on the weekly chart, closing above the controlling trendline from 10/08/07. http://www.flickr.com/photos/47091634@N04/43530…
What just happened on the weekly is what happened this morning with the gap down, people put on bearish positions little did they know it was just a back test of the controlling trendline (dance partner). I posted this chart right as we were ending our dancing with this trendline. http://www.flickr.com/photos/47091634@N04/43515…
Hang in there, let the market lead the dance and good things will happen.
The solution to most really bad situations is to be some where else.
your probably right. Al Capone said of the Stock Market “It's rigged”
I'm not going to tout religion, but we are in the end times, get used to it. The world is going to fall apart at the seams and after paying hell there won't be money, police, doctors and lawyers. I would estimate (guess) its about 7 years off and it will be all over. I'm not kidding.
Red
On shanky's charts is appears he expects a bottom to be put in Mid March
see purple and black boxes on the chart
$$ 1 SPX – Daily opex bars
there are so many lines etc on these tech charts- it's not a sign of clarity! Does it really need to be this complicated.
I can see from the charts that the markets are going up and down. That's all a trader needs to make money.
Everything else is noise.
Good luck in “Casino USA operated by GS”
The problem is as soon as public jump on long-side, Goldman takes opposite trade and crash market. This is how this game is being played, only one player wins.
Imagine how crooks on Wall Street collecting 150 billion dollar bonus in one year. Someone paid that money, and that amount is just employee bonus only, not total profits.
The market needs to go up, generally. I mean this country needs the market to go up. It's a national security issue. The market goes up, or this country goes under.
And, the government, being responsible for national security, has arranged for the market to go up, generally.
No need to stay on the sidelines. Just be aware that there will be times when the market will go up when it seems that it should go down.
There will also be times when the market will go up a lot when it seems that it should go down a lot.
It really doesn't matter why this is happening, or who is doing it. It's happening. Be on the right side of it and make some money.
Exposing The Story Behind Goldman's Record Profits – Link provided below …
This is a rigged market. Leave this market to Goldman and stay on the sidelines. Goldman is sucking every speculative dollar out of the market killing both bulls and bears alike with their proprietary trading. Understand that in this monopolized game only one firm will make Money, all the remaining players go bankrupt, eventually.
I am posting this message as a community service. Stock market is not going down as Elliott Wavers claim, it is going up.
Goldman will destroy credibility of Elliott wave theory in just a few weeks by taking DOW to new high.
Please read an article titled “Exposing The Story Behind Goldman's Record Profits”
http://www.zerohedge.com/article/exposing-story…
http://www.zerohedge.com/article/exposing-story…
I think you see the big picture very clear, but the big picture is on a very different time frame from which the day to day gyrations taking place.
As you continue to observe the rhythm of the market you will become more in tune with the harmony of the market, which will enable you to perform a flawless dance with the market.
The market will lead in the dance and you will follow, individuals get into trouble when they try to lead the market in the dance.
Remember the intra-day gaps I keep talking about
SPX: 1085.89, 1127.38
Those are intentionally left by the operators, so any short positions taken lower than those numbers will eventually become underwater. This all goes back to letting the market lead in the dance and you follow.
I see you use a lot of traditional TA and EW, that's not bad, but whatever method (s) you choose to use they must connect you to the rhythm of the market.
As for the bull rush into the close on Friday, it had to do with the setup on the weekly chart, closing above the controlling trendline from 10/08/07.
http://www.flickr.com/photos/47091634@N04/43530…
What just happened on the weekly is what happened this morning with the gap down, people put on bearish positions little did they know it was just a back test of the controlling trendline (dance partner).
I posted this chart right as we were ending our dancing with this trendline.
http://www.flickr.com/photos/47091634@N04/43515…
Hang in there, let the market lead the dance and good things will happen.
You never know Dreadwin.
I should have remember my own post from awhile back…
http://reddragonleo.com/2010/01/11/97-point-drop/
I would have bailed out when the market hit that level on last Friday. Sheesh… I need a bigger memory chip in my head. (LOL)