Weekend Update – Waiting Is The Hardest Part

147
3383

Monday Update...

After watching the fake documentary called "Oil Storm" it's possible that we could have a Christmas Crash.  While I don't think that's going to happen, the fact that they meant it in the movie is of concern.  Remember, the movie aired 2 weeks prior to Hurricane Katrina hitting New Orleans.  It was the gangsters way of telling us sheep what was going to happen before it happens.  So, does that mean that the other things in the movie will happen too?  I don't know, but it's worth noting...

(to watch on youtube: http://www.youtube.com/watch?v=VVDf_fN9S-c)

Red

_____________________________________________________________________________________

>

While many believe we are going to rollover soon with the top already being put in, I'm confident that we are still going up to the DIA FP of 118.16 before the crash will start.  So for me, it just makes sense to wait patiently on the sidelines until to final top is hit.

(to watch on youtube: http://www.youtube.com/watch?v=B3c5X8BZ25Q)

Yes I know that the Hindenburg Omen has now been confirmed, but that only means that we are near a stock market crash, not that it will happen tomorrow... or that the final high is in.  The gangsters have told us that they plan to take the market to the DIA print.  If you don't believe in the gangsters exist or that they control the stock market... and must tell us sheep in advance of their evil plans, then you're probably new to this blog!

This site is for "Red Pill" takers who have woken up to the corruption that exists in the world and that is what I cover the most.  I try to figure out how it relates to the movement in the stock market, which is never easy too do.  And if I were more patient, and actually listened to what they are saying, I'd never lost any money this year.

But, as you all know by now... this blog is part "stock market forecasting", part "Illuminati exposing", part "Politics" and part "Alien and Religion explaining".  It never easy to trade in a rigged game, and that's why I have to examine all the pieces to the puzzle.

If you simply want technical analysis, "The Chart Pattern Trader" is one of the best.  For a historical view, including TA's too, I read "Cobra's" blog.  He's got a lot of access to "what happened" in the past when a certain chart pattern occurs now.  Both are great, but just like myself... No One is 100% accurate.

So, you must include a little bit of everything in your quest to survive in this controlled and manipulated game of cards.  Of course if you are daytrading, then you don't need or care to know about what is planned to happen in the future.  But most of us are short term swing traders, using options and 3x bull and bear ETF's... so we need to know the future badly.

Well, the future for the next few weeks should be obvious by now... NO Crash until the DIA print is hit.  That means we will likely chop around little, with only small pullbacks in the market until the holidays are over with.  So what about next week?  Historically it's a bullish time of the year and month, but we are very overbought right now so I'm inclined to believe we'll pullback a little.

I've noticed that the week after option expiration is over is usually when the market sells off some.  While I'm not expecting much of a sell off, I do expect some to happen next week.  A retest of the 1235 bottom from December 16th, which is also the top on December 7th and 9th, is a likely target.

After that, I could see us going down to the 1220-1225 area for a retest of the November 8th high at 1227, and the December 8th low at 1219, but I'm really not expecting too much more then that.  Yeah, we could (and should) go down to the 1200 level... even the 1173 level, but with it being Christmas and the market with extremely light volume (and POMO too), I seriously doubt if we'll see it go down that low.

We even have a Double POMO day on Tuesday, the 21st of December.  Do you really think they will allow the market to really sell off?  The POMO money is scheduled up until the 11th of January, 2011.  That should tell you that the market isn't going to crash until at least that date.

Between now and the 11th, I could see a move down to the 1200 level for the small correction before a final up move toward the DIA print.  Based on what the charts look like now, I think the SPX will be somewhere around 1280-1300 when the DIA hit's 118.16 (about 11,800 on the Dow).

So it's logical to assume that it will go up to that print in either an ABC pattern, or a 5 wave pattern.  If it's an ABC, then I'd expect a little deeper pullback to the 1200 level, or possibly the 1173 level... with the following C wave up to occur with no significant pullbacks until the DIA print is reached.

If it happens in a 5 wave pattern, then we could expect 2 smaller pullbacks, with the first one happening next week... maybe down to the 1220 level at the lowest.  This would be the wave 2 pullback, with wave 3 up to follow into early January.  Then a sideways consolidation move for wave 4, and a final push up for wave 5... hitting our DIA FP target in possibly mid-January.

This is pure speculation on the wave count of course.  But from all the evidence I've seen, read, and experienced in the past, I'm 100% confident that we are going to that FP before the market crashes.  Watching Lindsey Williams state repeatedly that it is the gangsters "moral code" to inform us sheep what they plan to do... tells me that they won't deviate from their plan, no matter how much I expose the FP to those viewing my video's and reading my blog.

The plan to take the market to that level was already made back in March of this year when I got the print.  It hasn't changed I believe, and won't change.  It's still on schedule and once hit we'll be looking for the downside prints to start happening.

So basically I'm looking this move up to make extreme reading in the put/call ratio, bullish/bearish sentiment readings, and a new low for the VIX.  It's already been planned a long time ago... but can you be patient enough to wait?  I can't answer that of course, as I'm just as guilty as everyone else on "not being patient"... but I'm learning. 🙂

Trade lightly, and don't hold for more then a day or two would be my suggestion for now.  Daytrading is the only way to play this game for now, as no big move are expected until the FP is hit.  If you play options like me, then the chop action could leave you with little to no profit... even if the market goes in your direction.

Playing the 3x bull/bear etf's will also be frustrating as they are designed to slowly lose value.  So in a chop market you can still lose money as the etf's will fall in their price level while the market stays the same.  I'd only short them, and never go long on them.  Of course borrowing shares to short them is sometimes difficult to do.

For all these reasons, I'll be on the sidelines until the DIA print is hit.  Best of luck to everyone... bulls and bears alike.

Red

147 COMMENTS

  1. This is a work in progress. There are almost a 1000 ETF’s in this list

    It is always a hassle to try to find an ETF when you see some quick trade opportunity.

    This list might help. Sorted by

    * Fixed Income
    * global Equity
    * US Equity
    * Commodity
    * Forex

    And with a further column on whether or not it is leveraged.

    The list is available as a download under the “Real Data” page of this blog.

    http://oahutrading.blogspot.com/p/real-data-series.html

    If anyone has the gumption to upgrade it, add links to the chart, etc. let me know and I will be glad to post up your upgraded version. I provide this in Excel format.

  2. You couldn’t have said it any better – the waiting is driving me mad!! Still learning patience I’m afraid. By the way, did you read the comments on the bottom the link I posted on sat pic of china? There was a very interesting comment re Bilderberg – it was what made me think of you.

    Cheers

    Muzza

    • I missed that comment the first time, as I only read the article and looked at the picture. I just read it now, and that could be true about the bilderburg building that city for after WW3.

  3. If this market continues to inch up a few points a day, without any pullback, we could hit our FP by the end of this week. Ridiculous and Insane is this market now.

    Christmas Crash anyone? Talk about surprising everyone… that would certainly do it.

    • LOL… I knew they wouldn’t allow it to sell off very far. I thought we might get down to 1235 spx, but we only made it to 1241. At this rate, we’ll hit the FP by Friday.

  4. By the way everyone, I watched the fake documentary called “Oil Storm” yesterday. It was the one that Lindsey Williams spoke of… that aired just weeks prior to Katrina hitting New Orleans.

    We’ll, in the movie there are some things mentioned that haven’t happened yet. Don’t know if they will or not, but one of them is about an oil refinery blowing up in Saudi Arabia on Christmas Day, which caused a crash the next Monday when the market was open.

    Oil went up to $153.00 per barrel in the movie, which it also did previously when Katrina hit… but we had the largest one day crash on the Dow back in September of 2008, not Christmas day (or the next day the market was open, which in the movie was December 27th).

    Just something to think about should we hit the FP this Friday, as Christmas is Saturday and the 27th is Monday. We also have a double POMO day tomorrow too, which means the money is there to push this thing up more… if they want to?

    This market is clearly running on fumes now, and I don’t think it will make it too January if it doesn’t pullback to the 1200 level to regroup first, before going higher.

    This rising wedge is going to end ugly as the higher it goes, the further it’s going to fall. I personally would be surprised if the gangsters crashed on Christmas, but after all… they aren’t angels you know.

  5. $15 billion of POMO and there ended up more decliners than advancers??? ISEE also had a red flag. An unusually low put call ratio despite most indices making new highs ala April 22,23. This should drop the 10day average which is one signal that I am looking for. Setting up for weekly reversals. Let’s see what tomorrows lunar eclipse begins. Last one was 1638, one year removed from the Tulip bubble pop and collapse. 1720 South Sea Bubble was also 290 years ago (29/58 crash number).

  6. $15 billion of POMO and there ended up more decliners than advancers??? ISEE also had a red flag. An unusually low put call ratio despite most indices making new highs ala April 22,23. This should drop the 10day average which is one signal that I am looking for. Setting up for weekly reversals. Let’s see what tomorrows lunar eclipse begins. Last one was 1638, one year removed from the Tulip bubble pop and collapse. 1720 South Sea Bubble was also 290 years ago (29/58 crash number).

  7. AMZN seems like another stock that is overvalued. Not only that I can’t see why anyone would want to sell on AMZN. I sold a $5 game for a friend and they charged me a $3.09 Amazon Fee (61% the cost of the game) or (52% of My Total Profit)! What a rip off. Unfortunately the fee only widens when you sell something that is more expensive. If everyone has to pay taxes on AMZN soon, then it will have no competitive advantage and the stock will plunge. I am considering buying some puts on it, possibly as soon as tomorrow.

  8. AMZN seems like another stock that is overvalued. Not only that I can’t see why anyone would want to sell on AMZN. I sold a $5 game for a friend and they charged me a $3.09 Amazon Fee (61% the cost of the game) or (52% of My Total Profit)! What a rip off. Unfortunately the fee only widens when you sell something that is more expensive. If everyone has to pay taxes on AMZN soon, then it will have no competitive advantage and the stock will plunge. I am considering buying some puts on it, possibly as soon as tomorrow.

  9. Red,

    Thanks again for the info. As a follow up, last week I mentioned the DIsney Show “Special Agent Oso”. Well my kids were watching it again last night and I caught his watch at 2 points during the show. On it the time was 2:24 (not a digital watch). So another date to consider. The watch was upside down both times and I didn’t catch where the second hand was. I also mentioned they used the word “crisis”. Well they actually said “crisis everywhere”.

  10. red,

    i just finished listening to lindsey williams. it became very very clear to me why the ultimate insider (buffet) bought burlington railroad outright. if they move oil prices back to $150/200 per barrell – he stands to make a fortune. that sneaky snake…..none of these guys are all that talented – they are just big insider fraudsters!!!
    ….merry christmas also red! this is the best trading site by far!! i really appreciate all your efforts.

    richie/

  11. Red,

    i just finished watching that oil storm movie from 2005. Things that make you go HMMMMMM……………… In the movie Christmas (25th -2005) was on Sunday, and the stock market was closed on 12/26/2005 in observation of christmas. the stock market reopened on 12/27/2005 to the crash. Well 2010 will be the first year since that movie was made in 2005 that the stock markets will once again open up after the christmas break on the 27th of the december month. this is very interesting movie to reality coincidence which lends to your assertion of a potential crash over christmas from a saudi oil refinery takeout.

    • It would certainly surprise the most sheep, that’s for sure! Most people will be waiting for January to exit their longs, as they assume the market will be just fine until then.

      Sorry, but it’s never that easy. Only the gangsters get on the life boat from the Titanic… the rest are going to parish in the freeze waters…

    • I hope you are right Robert, and nothing happens… but “if” we hit that FP by the end of this week, I’d be scared sh*tless if I were long.

      Good luck to you, if you are planning on staying long over the weekend. I’m hoping that the print doesn’t hit until January, but it’s not looking like it wants to pull back any right now. But, the week isn’t over yet.

        • Well, as long as we don’t hit DIA 118.16 this week… you should be fine. But if we hit that target… I sure hope you got tight stops. Maybe all will be fine, as I’ve been wrong many times in the past. But for me, I’m staying in cash until the FP is met, and then going short. I hope you exit your longs then, and at least go to cash.

  12. Seasons Greetings all! I’m agreeing with Red here. We’re about due for a correction soon. Here’s a chart I posted before and it’s been acurate. You can see on sell signals it usually makes a marginal new high before correcting http://screencast.com/t/sxc0wfwqL5aZ

    A counter to that chart is the NYSI is over sold and shows it due for a rise in the markets but as we know STOC’s can run over sold for awhile http://screencast.com/t/WDqfh66TReL
    One last note is I have a copy of Daniel Ferrera’s 2011 market predictions and he shows a possible turn date on Jan 3, so I would be cautious going long from here on out.

  13. To quote one of Dan Brown’s favorite sayings in his latest tome, The Lost Symbol: as above so below. AT 1254, SP has evil numbers both above and below: 588pts from 666 low and 322 from 1576 (322 skull and bonez #)…1254 is also 69×18.18 so it qualifies as an evil number outright…..224=56×4 and 808-584==224….584 the number of days in the Venus synodic cycle. Venus today finished the shadow period of her retrograde by returning to Scorpio 13 degrees where she started her retrograde journey cicra 10-10-10….224 also of course the 10-19-1987 SP close……….ISEE had another abnormally low reading for such a bullish day at 220. Last week, today’s action would have produced a record reading. $oex players bought 2x as many puts as calls today per CBOE data. $rut:$indu ratio at a new all time high surpassing its record from Feb 2007 which was the orthodox bull market high. $Rut:$vix ratio at its lowest levels through 2008. (It did achieve a lower reading in Feb 2007)….Doing some research on Special Agent Oso, I did catch a caption where his watch is set at 9-11 and a library scene with the number 56x on a bookshelf with the 3rd number covered by the Disney playhouse logo. I really haven’t seen any episodes; just quickly browsing some archives—-it doesn’t appear that the latest episodes are available.

  14. To quote one of Dan Brown’s favorite sayings in his latest tome, The Lost Symbol: as above so below. AT 1254, SP has evil numbers both above and below: 588pts from 666 low and 322 from 1576 (322 skull and bonez #)…1254 is also 69×18.18 so it qualifies as an evil number outright…..224=56×4 and 808-584==224….584 the number of days in the Venus synodic cycle. Venus today finished the shadow period of her retrograde by returning to Scorpio 13 degrees where she started her retrograde journey cicra 10-10-10….224 also of course the 10-19-1987 SP close……….ISEE had another abnormally low reading for such a bullish day at 220. Last week, today’s action would have produced a record reading. $oex players bought 2x as many puts as calls today per CBOE data. $rut:$indu ratio at a new all time high surpassing its record from Feb 2007 which was the orthodox bull market high. $Rut:$vix ratio at its lowest levels through 2008. (It did achieve a lower reading in Feb 2007)….Doing some research on Special Agent Oso, I did catch a caption where his watch is set at 9-11 and a library scene with the number 56x on a bookshelf with the 3rd number covered by the Disney playhouse logo. I really haven’t seen any episodes; just quickly browsing some archives—-it doesn’t appear that the latest episodes are available.

  15. in case you never visit my site….here’s a re-post.
    I’ve noticed over the years that stock markets have seasons. “sell in May, walk away” that occurs every 3 years or so. June Gloom, every other year or so. ETC…
    The next likely correction, is JAN FEB or MAR…
    JAN pullbacks are 7 to 10% or so…and happen in a 7 day time frame.
    FEB pullbacks, start with a Huge ONE day drop, 300 or more points in one day. It starts in the GDX sector, and spreads to all the other sectors. lasts 2 to 3 weeks.
    MAR pullbacks, if 20 to 25% of my companies are at RSI 80 on MAR 8th…This pullback is brutal and long, at least 30 days, and sometimes 60 days.
    On Rallies, they are called x-mas rally, summer rally…ETC
    x-mas rallies can go all the way out to FEB…

    • That not only applies to little rallies, but the big rally that began with QE in the first place. The moment the Fed starts selling those bonds/treasuries, the market will tank, a la this past August when the Fed exercised just a few reverse repos.

      In other words, the Fed is now on a course to destroy the world’s economy. Madman Bernanke can either keep printing forever, destroying the dollar completely and cause a crash that way, or stop the madness soon and cause a much smaller crash. Either way, it’s pretty much inevitable.

      When this round runs out in June, mark my words, the Madman will attack his detractors by saying that this round of QE “wasn’t enough” to stimulate the economy, ignoring the fact that QE doesn’t work, and institute a much larger program.

      The US in its current state has jumped the shark and needs to be purged completely and absolutely of all the stupidity (which will happen soon enough the way things are going) and will have to be built back up the hard way. Fortunately, I think the rebound then will be exceptionally strong because of all of this country’s great assets.

  16. There is a Deluge here in Southern California of biblical proportions. Non stop rain for several days with the worst to come although currently it appears to be the eye of the storm. I believe its related to the lunar eclipse whose zenith was over this area. Mercury retrograde might also be an influence because it’s definitely hindering my ability to communicate (and research). Last lunar eclipse on the winter solstice===1638. Which brings us to Social Network and the Statue of 3 Lies. There is a scene where one of the protagonists undergoes an initiation/ritual to join a social network ie frat house???(Phoenix house I believe—-and the Phoenix features prominently in Dan Brown’s the Lost Symbol) in front of the Statue of 3 Lies ie The Staute of John Harvard (at Harvard) titled John Harvard Founder 1638. He is asked to name the 3 lies which he replies are that it isn’t John Harvard, Harvard wasn’t founded in 1638, and Harvard wasn’t the founder. (Harvard did bequeath half his fortune to the college upon his death in 1638)…….So coincidence that we have the first lunar eclipse on the winter solstice since 1638 and there is a such a scene in Social Network, which looks to be the frontrunner for Best Picture,Director, and Screenplay (by Aaron Sorkin of West Wing fame…it was speculated that Sorkin also was hired to do a rewrite of Wall Street 2 Money Never Sleeps) for the Oscars. As Facebook founder Jesse Eisenberg says, “there are no coincidences.”

  17. re we approaching a runaway to the upside after a small correction> I bet yes as many are hanging their hat on going lower than the march lows. As markets move forward you must be willing to change views. I will do that if it calls for it but at this point a small correction and runaway to the upside looks like it will happen into march or even june of 2011

  18. re we approaching a runaway to the upside after a small correction> I bet yes as many are hanging their hat on going lower than the march lows. As markets move forward you must be willing to change views. I will do that if it calls for it but at this point a small correction and runaway to the upside looks like it will happen into march or even june of 2011

  19. red,

    As to your thoughts from OilStorm and Christmas crash – i thought this headline was interesting: “Nigeria’s state oil firm says Warri, Kuduna, and port Harcourt refineries shut due to pipeline sabotage
    COMMODITIES
    07:48 22-12-2010
    oil over 90$ now……….. hmmmm…………….

      • i think maybe a series of events prior to one in saudi arabia makes the collective response from the oil market much greater. greater impact pushes those prices back to $150/200 as predicted.

    • ….and right before christmas too!!! hmmmm……. now we are beginning to have the perfect oil storm…….. kinda makes you think if something nasty happened in say SAUDI ARABIA that the price will just EXPLODE!

    • From reading that report Richie, it seems quite clear that oil is likely to go higher. All they need now is a False Flag to spark another leg up… squeezing out any shorts current in it.

    • Holy cow Jigsaw… that Bull-Bear spread is off the charts! Amazing to say the least! When this thing goes south, it’s not going to be bull friendly… that’s for sure.

      In the fractal chart, I would have to say that if we were currently on the gold standard (like back in 1929), the charts would probably overlay each other perfectly.

      The lack of ability to print money out of thin air back in the Great Depression One is the only reason the spread is so large. Today, in the Great Depression Two, we have NO gold standard and can print enough Monopoly money to create the current “fake” rally that we have.

      This wouldn’t have been possible back then…

    • Thanks for the email you sent on the 17th Dziemer, as I just checked my gmail account and seen it there. I rarely use it for email, as I only created it for the chat feature. Please use my main email address in the future, as I read it daily and always have it open.

      It is of course… Red (at) RedDragonLeo (dot) com

  20. Wow… it’s 1:30 pm EST and the volume on the SPY is only 41 million. This is going to be one of the lightest trading days of the year (maybe tomorrow will be even lighter?).

  21. While a “small correction” is possible rg64, I think it’s unlikely. What the Fed is doing right now is a final death sentence to the market. Buying your own debt is like eating your finger when there is no more food left.

    Eventually, you will run out of fingers and toes to eat and starve to death. The market is now running out of body parts to eat, as there is no countries left to buy America’s debt… hence the reason the Fed is doing it.

    In fact, the Fed now has more debt purchased through these POMO’s then any other country… including China. This is a death sentence for the market I believe.

    While I’m confident that the market is going to the upside FP of DIA 118.16, I’m also confident that the market will hit the downside prints too.

    The final bottom for these market has already been foretold to us… it’s SPY 20.16, a print that should take several years to hit… but it will be hit. Only then will a huge rally take place. When? I don’t know? For now I’m only waiting to get short once the upside print is hit.

    So unless another higher FP is shown for the market, my bet is that the DIA FP is the final high for many years to come.

    As for taking out the March lows, it might take all of next year and into 2012 to happen? I can’t answer that one. I’m just looking for one FP at a time to be hit.

    So after the upside print is hit, I’ll be looking for 106 spy as the first major downside target. After that will be Dow 8300… but of course there will be bounces along the way. Just not any one that goes higher then DIA 118.16 I believe.

    The upside for gold has already be given to us too… it’s 3500, but it must first sell off with the coming crash first. That target is 935, which may or may not be accurate? The upside print is accurate I believe, but I question the downside one. We’ll see I guess?

    Good luck either way, as I’d like to see us all make money… both bulls and bears alike.

  22. Gang I see no point in doing a video update as nothing much has changed. The market is still overbought, but with the extremely light volume I don’t see anything happening.

    Probably more of the same slow grind higher, but no sell off until we reach the FP on the DIA. So unless we have a 300 point rally tomorrow, the upside target shouldn’t be reached this week… hence we won’t crash over the weekend.

    I’d like to see them wait until the first of the year at least… before they steal all the sheep’s money again. So for now I think it will be fine, as long as we stay under that FP level tomorrow. Then we can all rest easy over the weekend, as I don’t expect the “False Flag” event (whatever it is?) to happen.

  23. For all the money that is being printed. Silver and Gold prices aren’t moving up very fast. Dollar index is about the same.

    What’s it gonna take for Silver & Gold to gain some momentum?

    Unfortunately it probably won’t be creeping up little by little, I think it will be more of a “sleeper” one day it’s trading at $29 then the next it’s trading at $47. A “monumental” event may trigger this too. The Euro comes first.

    At this point it’s frustrating. How much faith do people really have in the stock market? Or do people just enjoy the “free money”. The path we are on will have future cataclysmic effects. Yet it seems like no one cares and people are walking around like complacent zombies.

  24. For all the money that is being printed. Silver and Gold prices aren’t moving up very fast. Dollar index is about the same.

    What’s it gonna take for Silver & Gold to gain some momentum?

    Unfortunately it probably won’t be creeping up little by little, I think it will be more of a “sleeper” one day it’s trading at $29 then the next it’s trading at $47. A “monumental” event may trigger this too. The Euro comes first.

    At this point it’s frustrating. How much faith do people really have in the stock market? Or do people just enjoy the “free money”. The path we are on will have future cataclysmic effects. Yet it seems like no one cares and people are walking around like complacent zombies.

  25. Did anyone see the market move? It’s so slow now it almost looks dead. Are we frozen in time right now? Am I still alive? The market has no heartbeat… oh no! It’s Dead!

    Time for more coffee…

      • I could see some selling happen next week to reset the charts before another move higher. Don’t know how low of course, but I’m not expecting much downside… until that FP is hit.

        • Yeah, not likely for anything big – plus now someone is screwing with EURCHF. So much interference to deal with. But the VIX move is BIG.

          • Yes, the VIX is telling us that a big move is just around the corner. Maybe as early as next week? Who knows? They are only about 300 points away from the upside target now, so it could be reached next week.

  26. AAII readings: 63% bulls 18%bears….ring the bell!!!If my memory is correct that is a higher reading than registered at the 1987 top and the March 2009 bottom registered 70%bears……..Also unusual activity at the close where the $indu rallied while $rut declined. I was too complacent to do anything…maybe Monday. Some interesting #s. 12-22 is 136calendar days from 8-8. Today should be 169tds from April 26 while also being 1169 calendar days from 10-11-07 high. Today is 73calendar days from 10-11 and 73 calendar days from March 6. Off to look at ISEE numbers…..

    • I’m going to have too agree with you Robert. We are going the FP before any real sell off happens. Since the coming disaster will be equal too, or greater then, “The Great Depression ONE”, it only makes sense to set new records on various readings.

      But once this thing cracks, we’ll also be setting new records on bearish reading too. The next 2 years are going to be ugly for the market I believe.

      While it’s possible that hyper-inflation could kick in and give the market a lift, in real terms of it being compared to Gold, the market will be cut in half to 2/3 before it reaches a final bottom.

      Since I have a FP of Gold at 3500, we know hyper-inflation is coming!

  27. First week of Jan, is always a danger for bulls…get some hedges going next week.
    if nothing happens, then it’s continue up to red’s FP 11,8000
    Which triggers the next danger period, comes in Feb.
    if nothing happens, then the 100% trigger comes on MArch 10th or so—and will be brutal ( minimum 2000 point pullback) and last 30 to 60 days.
    Maybe Geccko can put this is in his time line.
    —–
    I hate to sound like a know it all…but I have increased my telepathic abilities, to the extreme. I do this by manipulating the 3 dimensions of “time” with my mind.
    just kidding…These above dates are some historical events. except the MARCH month…If we haven’t had a pullback (6% to 10%) by then, then get ready for a real plunge, lead by GDX.

Comments are closed.