Not Expecting Much Until Next Year!
While the market is still overbought, the gangsters at the Federal Reserve aren't going to let it correct naturally, but instead will likely just keep it range bound for the rest of this year. Then sometime in January I believe they will push it up to our DIA FP to squeeze out the last bear.
Of course those of you who have been following this blog for awhile have known about that print for many months now, and will likely get short with me and many other bears when it finally hits. I think that we'll sell off a little before the year is over, as even though we are only about 400 Dow points away now some small profit taking over the next few weeks will likely back the market down a little bit.
I still see a retest of that 1200 level, and possibly the 1173 level (on the spx). Then back up a little to finish the year off. These next few weeks are likely to be very boring, with low volume days ruling the market. Any selling will be done by the big institutions as they slowly unload their shares at the top to us unknowing sheep.
They can't do it all in one day, so it has to be done slowly. They need the market to stay up around the currently levels to rob the most sheep (err... make the most profit). This area is the "unloading zone" I believe. A range bound market is likely to continue until the year is over.
Then, when all the bears see all this chopping action as weakness, they all pile on short. This will be the fuel needed for one last short squeeze up to our FP on the DIA. At that point, I expect the market to roll over for good. The first move down should trick all the bulls (and broke bears) into the same old thinking "buy the dip". While I'm sure there will be a bounce from the first move down, it won't be to new highs.
The gangsters know this and will simply start releasing news events, (or a false flag event), that will start the panic back up again... hence the selling pressure will grow. This all leads me to believe that WikiLeaks will release their "dirty bank secrets" information right about when the DIA FP is hit.
Coincidence or Planned Timing?
I can't answer that, but my gut tells me that "they" are using and controlling Julian Assange some how. The question is... Is Assange part of the Illuminati, who plan to crash the market? Or is Assange a good guy that was just conveniently feed those secret documents by the Illuminati to be used as "the reason" for the coming disaster?
Either way, Assange and WikiLeaks will likely be the blame. He will be the pasty or scapegoat for next years' major downturn, just like Bernie Maddoff was a few years back. The difference was that Maddoff was part of the Illuminati and an actual "bad guy". But, they had to sacrifice someone, and it was just Bernie's bad luck I guess?
(to watch on youtube: http://www.youtube.com/watch?v=O_9d4_lEFKM)
As for Assange, my heart wants to believe he's a "good guy" that is just being used by the Illuminati, and not one of them. But, I really don't know either way? While there is plenty of evidence on the internet that Glen Beck works for them, and is on the air to spread dis-information to confuse us sheep, there isn't any reason to believe that about Assange right now.
Alex Jones is also one that my heart wants to believe in, but the fact that they haven't shut him down tells me that "they" are likely using him to spread more lies and dis-information like they do with Glen Beck. However, I think Alex is a "good guy" that's just being used, while Glen Beck is a "bad guy" who's doing as he's instructed to do by his masters.
What does it all mean?
Simple really... life is complicated! Isn't that an oxymoron? LOL... Yes it is, but it's the only real truth I can see right now. There are "gray area's" in life, not just black and white, or good guys and bad guys. Sorry, that only for when you are a kid I believe.
While most of the Illuminati are bad guys (especially the high ranking ones), I believe there are also good guys inside there organization too. They sometimes try to help others out, as maybe they don't believe in what they are doing is right, but were born into the gang. So, they secretly do what they can to inform us sheep of what the gang is all about.
Of course if they are caught, they will be punished but it's worth it too them I believe, as it clears there "bad karma" somewhat so that they can move on to the next life with an important lesson learned. Hopefully they will do the "right thing" the next time around.
Some of you on this blog might be one of those people, and some how you wish you weren't born into the gang, so you tell others about what's really going on. It's good to know that you are finally coming to your senses and realizing that evil isn't the right way to live. I wish you well in your current life and hope you are a good guy in the next one.
Back to Assange...
Since Wikileaks is getting so much attention by mainstream news media, it is my opinion that it is now (or always has been?) part of the planned coming debasement of the market next year. Since I don't know whether or not Assange is a "good guy" being used, or a "bad guy" playing a role, I'm going to go with my heart and simply say that what he's doing right now makes him a hero in my book.
So, part of the plan or just being used, it really doesn't matter. We live in the gray zone anyway, where good guys do bad things sometimes, and bad guys do good things. The days of the Lone Ranger are best left for TV Land. The world we exist in is more like Star Wars, where Darth Vader was good once and became bad. So, was Assange bad once and now good? Who knows? But for now... he's doing the right thing.
Moving on to the short term market...
Not that odds have ever favored the bear successfully, but I do expect a pullback to at least 1200 spx, if not 1173 this week or next. Odds say (I'd state that the "charts say", but they seem to be worthless right now), that Monday should be a down day, and possibly Tuesday to?
But, this is option expiration week also. So you can expect some wild swings to shake out the bulls and squeeze the bears to happen before the final close on Friday. Remember, the gangsters don't want to have too pay out any money to the option holders... both calls and puts.
That means they should take it down briefly to get the calls to panic and close out their positions for a loss, and sucker in some bears to buy some puts thinking the market is going to have a deeper correction. I'd say the bottom is 1173 area, with maybe a brief intraday dip lower to scare the bulls and tease the bears... but a move back up before Friday is expected.
They will pin the SPY where is makes the most puts and calls expire worthless. Is it fair or right to do such a thing? Of course not... it's crooked and manipulated! But what do you expect when you are playing a game of cards with gangsters?
The bottom line here is simple... I'm not expecting too much to happen between now and the end of the year. Just a lot of chop in a range bound market. I'll likely be on the sidelines waiting for January to come... and our DIA FP of course! Let's see if it plays out this time, or if I've exposed it too much and the plans have changed now. I think it will still hit and reverse, but I'll be keeping my eyes open for new prints too... and you should also do the same.
Good luck everyone...