Tuesday Update...
Probably up tomorrow, as the new VIX FP of 14.86 will likely be hit before we sell off. Also, the website with the video I want you to watch (that I speak of in the this update) is located at: http://endofamerica3.com
Red
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Monday Update...
(to watch on youtube: http://www.youtube.com/watch?v=bI6IJFd5Lcc)
The weekend secret meeting at the White House was likely about the new currency coming, which happened to be at the same time the Legatus Pilgrimage ended. Β Coincidence?
Ben Fulford just posted this...
Another link (http://iamamalaysian.wordpress.com/2011/02/06/the-world-is-on-the-verge-of-a-monumental-change/)Β about the coming new currency, as well as a video by Colleen Thomas where she speaks of these thugs being arrested. Β The website she speaks of is http://www.global-settlement.org/cms/, which are the one's funding the arrest of Obama and his minions (according to her). Β I believe it won't be too public and O'bomb'us will just be allowed to resign.
The link to the video on Gerald Celente's site is...
http://geraldcelentechannel.blogspot.com/2011/02/end-of-usd-currency-revaluationcomex.html
Here's the bottom line... something BIG is about to happen and the market is going to react with uncertainty and/or panic. Β What usually happens with a panic in the market? Β Remember Lindsey Williams speaking of the dollar being devalued 50% or more this year? Β It could happen over night with this currency change.
Red
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Are We Still In P2.1 Or P2.2?
(to watch on youtube: http://www.youtube.com/watch?v=0SbS7bSwb8k)
Could Be P2.3, or P2.4.... Who Knows?
This insanely controlled market should have started into Primary Wave 3 (P3) down months ago, and ended this P2 rally up from the March, 2009 low of 666 SPX, but it just keeps on going... just like the energizer bunny!
It should have ended back in January of 2010 when the market peaked around 1150 spx, but instead extended into the April top of around 1200. Β Was that P2.1? Β If so, then the extension again to last Thursday's top was P2.2, and I guess that's still not enough yet so it's going for P2.3!
Just CRASH will you! Β This B.S. is annoying the hell out of me and every other bear on the planet! Β What's next... 1400? Β Then a small correction and back up to 1500 for P2.4? Β Why do I even play this rigged game? Β There is no way to win! Β Even if you are right you still get screwed some how.
This market should be trading at Dow 5,000 right now... or lower! Β This crap is really pissing me off right now! Β The market rallies on every disaster and bad news event released! Β WTF? Β Tell me they are going to clean out the White House and kill all the gangsters by some nuke or something and I'll celebrate and go long the market with everything I got!
I'd like to see Β Bernanke's head on the end of flag pole in my front yard, as the American flag sure doesn't stand for freedom anymore! Β At least I'd be showing my patriotic side by honoring the master of our money scam to my neighbors. Β All hail "The Bernanke" our savior of our 401k pension plan, and retirement accounts. Β Never fear as the stock will never lose value and go down again... we've outlawed it!
(insert 6 hours break here)
Ok, I'm feeling much better then I did this morning. Β Sometimes I have too air it all out and this blog is the only place I can do it at... so just forgive me for my moment of weakness.
Moving on to the markets. Β I'm going to cover most of that in the video, so here I'm just going to go over a few points of interest. Β The Legatus Pilgrimage was the 3rd through the 5th, and the day I'm typing this is Saturday so it's over about now. Β In the past, these dates were good at predicting a turn in the market, but I'm not sure if that's still the case now with them being so exposed by Reinhardt?
The last one in September of last year didn't produce a turn at the bottom or top, but instead just rallied the market more. Β The market was around 1100 spx in early September, and had risen from the 1040 low in late August. Β The market didn't turn back down from 1100, but instead rallied to the current high today.
So... does that mean the event does work anymore for giving us a turn in the market? Β I'm not sure about that? Β I can only say that they still likely decide the fate of the economy at these meetings. Β I would speculate that they decided to secretly inject another round of stimulus into the market at that prior event... hence the reason the market rallied to 1300 today!
The question now is... did they decide to inject another round (secretly of course) into the market currently, at the meeting they just had? Β Or, did they decide to take out the money and let the market collapse? Β Personally, I think they don't have the ability to continue pumping money into the market without upsetting the rest of the world to the point that they do something crazy that spooks the market anyway.
(Sunday, another 12 hours later)
Recent Video Update from Clif High of HalfPastHuman...
[pro-player width='425' height='344' type='video']http://www.youtube.com/watch?v=2ZrjdNzKvzs&NR=1[/pro-player]
Sometimes I write these posts in increments as new things come to me and I want to get them out there before I forget them. Β I wanted to find out what the latest news is from our insider Ben Fulford, and I was lucky enough to find his most recent update on this website below (and this one)...
After reading the report I went to the "You Must Listen to the Call" link and read it too. Β I listened to all four (30 minutes each) audio links and I've highlighted and bulletpointed the things I found interesting in them.
Here they are:
- Chinese took away the processing authority for the global settlements (concerning the buying of oil) from the Americans Friday night. There was an emergency meeting over the weekend at the White House with the Chinese Dragons, and the secretary of state Hillary Clinton.
- The new currency is the "US Treasury Dollar", and is already in all the major banks of the world.
- The Iraqi Dinar will be revalued and used to purchase oil with, and the Chinese Yuan will be the new world reserve currency.
- The Chinese are going to announce a new bank system on Monday the 7th.<THIS IS HUGE! IF IT HAPPENS ON MONDAY, I DON'T THINK THE MARKET IS GOING TO LIKE IT!>
- Gas is going to go up to $5.25 per gallon because oil will now be bought with the Dinar instead of the US Dollar.
- The workings of this are already happening as meetings were held at the White House this weekend.
- A new currency is coming, and it will be backed by "something" (gold, oil, silver, etc...)
- The "Good Guys" of the world are disassembling the old cabal bad guys.
- 911 was done to hide the theft of $43 Trillion Dollars in Gold owed to the Chinese from a 75 year old lease from WW2.
- The gold was being loaded onto a 4 garbage trucks every night and secretly stolen a little at a time until it was all gone (64 tons at a time).
- Then the Twin Towers were brought down by remote control flown planes and planted nano thermite explosives, that can be painted on concrete which vaporizes when it goes off.
- You can't make a cell phone call on an airplane flying that high (unless they installed a cell repeater on the plane... and that didn't exist back then).
- The pentagon was most likely a smaller drone plane, as the wing span on a Boeing 757 is 175 feet and the planed needed to fly between the light poles standing on the street which are only 90 feet apart.
- Five of the reported terrorists have been found alive in Saudi Arabia and Morocco.
- The missile fired off the coast of San Diego last November was a Chinese sub showing the Gangster Cabal that they could have sunk the 2 American Aircraft carriers that intentionally went into China's Exclusive Economy Zone (too close to their borders).
- They politely asked the US Aircraft Carriers to leave. They refused. So China sent a sub to 35 miles off the coast of San Diego and fired an EMP missile that exploded in the air behind the US Ronald Regan (one of the carriers in China's Zone).
- The carrier wasn't damaged too much as it had harden steel protecting the electronics, but the nearby Princess Cruise Ship had all it's electronics' fried and had to be towed into harbor.
- The Chinese sent the Cabal a message, which was that they could take out those 2 carriers anytime they wanted too. But they don't want war, the American gangster cabal does. The Chinese want peace, and want to help the American public by assisting in freeing us of our slavery from the gangster cabal.
I've copied the audio links for you to down and listen to on your computer. Β They are below:
Each part is approximately 30 minutes.
MP3 Links (click to play, or right-click and βSave Asβ to download)
Part 1: http://tinyurl.com/4kutdv9
Part 2: http://tinyurl.com/4bfdm7w
Part 3: http://tinyurl.com/48yxzub
Part 4: http://tinyurl.com/4r7ho7z
You can of course just play them from that person's blog if you find it easier. Β The link is here:
http://kauilapele.wordpress.com/2011/02/01/you-must-listen-to-this-call/
More conformation of the coming 50%-70% Dollar Devaluation, as previously stated by Lindsey Williams...
http://www.youtube.com/watch?v=nm_u80h3cO8&feature=related
(thanks to MyGitana for finding this)
Important highlights from this part 4 of 4 interview:
- The plans for the destruction of the dollar are set for as early as March of 2011.
- In the dreams of one those interviewed he see's coffee costing $10.00, grade school meal for $30.00 and a Thanksgiving meal "3 for $99.00".
- Gas will cost $6.00 or more per gallon.
- The 9 year girl that died in the shooting of Gabrielle Gillfords was born on 09/11/2001 and was killed 9 years and 119 days later on January 8th, 2011... 9119!
Back to message and how it will affect the stock market...
This meeting that was held could very well be the "catalyst" needed to crash the stock market, as the gangster cabal doesn't want to lose their power and may decide to tank the market as a "last ditch effort". Β The new currency that the "White Hats" (many in China, who are the good guys here) are proposing will stop the gangsters from continuing to enslave the public.
You see, as long as the money isn't backed by gold, oil, or some other real physical asset, they can print as much as they want and keep everyone in American in debt prison. Β They can also continue laundering their CIA drug money, and it can't be tracked. Β This new money will help us sheep, and destroy the wolves as only they will be the ones' losing out during the switch.
Most of the debt is these crooked CDO's (Collateralized Debt Obligations) that the gangsters fraudulently sold to the rest of the world during the 2007 mortgage bubble. Β These debts won't be paid, and will be wiped clean instead. Β This will free many American's and some will even walk away with their home free and clear of any liens.
This is a good thing, but the gangster cabal (aka... the Fed's, which is run by the Illuminati Elite) will become powerless as all the money owed will vanish and be disturbed back to millions of people through the forgiveness of debt. Β These gangsters don't want this, and I believe they plan on crashing the market to try and save themselves by insuring panic and violence... which is what they thrive on!
On another note, things are never what they appear it seems...
[pro-player width='425' height='344' type='video']http://www.youtube.com/watch?v=uxqJXPcWooU&feature=player_embedded[/pro-player]
What a disappointment to see Ron Paul holding up the Illuminati hand signal in the video above π Β I had hoped that maybe he was "the one" (as in the matrix), but I guess he's just another cleaver distraction that the gangster elite used to mislead us sheep. Β Bummer!
I'm going to stick with the hope that Gabrielle Gilfords will recover and run for President one day soon (as in, this coming election). Β I know it's unlikely, but stranger things have happened. Β I do believe these gangsters will lose this war they have been waging for centuries by enslaving us sheep, as they follow the bible, which in it... THEY LOSE!
On to the short term...
I have NO idea what is going to happen next week! Β Sorry, but the chart are unclear right now. Β I see bullish charts and bearish charts. Β I don't know what to make of them? Β They say the dollar is going to be devalued but right now the charts look bullish. Β The market should correct when the dollar goes up, but that hasn't been happening lately?
So what gives? Β More of the same old B.S. manipulation... until they decide to pull the money plug and crash the thing I guess. Β When will that happen? Β If the Legatus Pilgrimage turn date period still works, then it should start this week or next week at the latest. Β However, if they inject more funny money into the system (secretly of course), then that could push the market up higher into March.
I honestly don't know what to expect next week. Β We'll just have too take it one day at a time and see when the charts all line up in one direction, giving us a better clue of what's too come.
Good luck everyone...
Red
RDL, you didn’t get the memo? P3 is outlawed, hehe
LOL… I got the memo, but I put it in the shredder!
Did some serious shredding, cleared out 20 binders of investing information from 2005 to date. Condensed into 1 binder of keepers. Including a good future post of notes and thought from the pre-crash days. Did you see my “dog post”, somehow it went away, reposted today.
and upcoming Cheeshead post
http://oahutrading.blogspot.com/2011/02/trends-as-defined-by-dog-popularity.html
How about SuperBowl post? Let the winner decide where the market is going next… up or down?
Check the new post, you get the Superbowl win, the Cheese, or CZJ? Take your pick.
http://oahutrading.blogspot.com/2011/02/cheesehead.html
I’m surprised we haven’t heard more about the debt ceiling. The debt limit should be reached around late March to early April. Are we going to continue to piss off our creditors?
Inflation could already be at 5-10%.
I see other problems in March and April.
Well, they could stretch this out until March or April if they secretly put more stimulus into the market (which would have probably been decided at the Legatus meeting).
The current POMO money isn’t likely too be enough to rally up another 1000 points on the Dow, as it’s likely factored into the market already.
As for inflation, it could be that high already as the government lies about all economic reports… so who knows how high it really is?
Apart from a couple of revealing pictures, that video was pretty insulting to watch. And replete with tons of spelling errors. The spelling errors looked almost deliberate, so as to disguise that it was a disinformation tape.
Which on? I’m assuming you mean the last video on the page, as the Clif High one didn’t seem too insulting… and of course my video is PG rated, so that leaves the last one.
Yeah, pretty rude… but the picture of Ron Paul giving the Illuminati hand signal was what I really wanted everyone to see. Sorry about the rest of it, as I didn’t make the video.
Yeah that one. Great masonic snaps. But apart from that, it seemed eerily “inside” itself. with deliberate spelling errors.
Well, you and I both know they put out “dis-information” video’s to confuse us… that might be one of them?
mp3 link #1, chinese are going to re-value the currencies? my mid feb flash crash pullback time table, is based / only happens, on some action from overseas.
I really don’t know what type of impact it will have on the market, but I don’t think it will rally from the news… that’s for sure!
The question is… does it happen on Monday the 7th or not? Who knows? Maybe it gets delayed like everything else?
who’d have thought the chinese want to helpthe US worker, by annihilating the gansta’s ?
Funny how the public is lead to believe that China is the bad guy, when the bad guy is who the public thinks is the good guy… the Fed’s! Kinda of Ironic… isn’t it?
I’ll take a Chinese flash crash oversea’s. HSI down 1500, sometime in FEB. I hope they don’t have to halt the DIA’s.
The color of the text was very hard to read (I am also colorblind, so that probably didn’t help).
Not sure the reason to repeatedly call everyone a fool. Some people just don’t know the truth.
Wandering sheep need a good Shepard.
What if you make a fortune shorting the market in US bucks/ And your dollar falls off the table? Maybe it would be better to short it in another currency? Only problem is that the US buck looks like it is ready to ZOOM up. Tons of layers of bullshit all over.
strange buildings, or free energy Tesla Coils. you decide.
http://theourworld.com/strange-skyscrapers/
mp3 link 1—this guy already made a mistake about gasoline prices in the US, at 12:15…
we don’t have $5.25 gasoline in the intermediate long term, because 30% of the US supply is home grown. and home grown, is $10 a barrel.
The public doesn’t know how much oil comes from America. Most people think it’s all from other countries. If they want to take prices of gasoline up… they will, regardless of the actual cost of a barrel of oil.
The end game is WMT, who controls the price of gasoline. something most folks ignore.
http://cobrasmarketview.blogspot.com/2011/02/02042011-market-recap-25-pullback-now.html
hey Red…
Good ones die young…well sort of … RIP
http://www.youtube.com/watch?v=4O_YMLDvvnw&feature=related
Red, they got everyone confused, just the way they like it…But is obvious that market is tired…I know itβs difficult to be short (or own puts that keep dropping in value), but I use to invest in biotech, and some of my biggest wins were most painful…itβs by design, donβt let the little guy in…However, lots of money was lost by put sellers last time around, and they are just not willing to give signals…as I said before, it will likely by 1987 style, no time to get in or out…I think it will happen sometimes before end of March, when debt ceiling has to be raised and Spain debt refinancing blows up…Bill Gross is already lining up bond vigilantes, not that administration is cornered with debt ceiling…
Here is a view I agree with… http://evilspeculator.com/?p=19432 he is not really evil…
Yes MsChemeng, Mole isn’t really evil (he just like’s to pretend…. LOL). That was a good post he did, and I’m in agreement with him. Monday will likely be a trend day up, followed by Tuesday and/or Wednesday putting in the topping tail candle and then closing down.
That leaves Thursday and Friday to either rally back up, or continue the move down. Hard too say which will happen, as it will depend on when the selling starts? The quicker it starts the more likely Thursday will rally back. But the later it starts, the more likely Thursday and Friday will just continue the selling pressure.
SPY Chart: http://niftychartsandpatterns.blogspot.com/2011/02/spy-technical-analysis_07.html
What do you see in the qqqq, as I believe it’s the weakest and will lead the coming sell off.
Transports is weaker.
US Dollar Chart: http://niftychartsandpatterns.blogspot.com/2011/02/us-dollar-breaks-resistance-line.html
BULL forth.
If you buy and wait long enough, you’ll make money in this FED juiced market. What nonsense are we moving up on today while ignoring the important facts about the economy. LOL!
Yes, a big short squeeze it seems…
yep. like you’ve said – they won’t let bears get on board for a easy entry. got to snap higher first. frankly, i’m tired of it.
Maybe you should buy your SPY puts 1 year out.
LOL… or just give up shorting the spy and just go long gold, as we know it’s going up over the long haul.
I don’t think it matters if you buy gold. They’ll just bring back confiscation. We’ve seen a rise in power of the banks and other criminals to higher heights than ever before.
I was talking to a guy at Goldline and he told me which coins would not be confiscated. Don’t buy silver rounds or bullion… I can’t remember which ones but I am buying walking liberty silver halves and washington quarters. I think Franklins were good too. The guy there “Jan” can explain it all to you.
Ah, but those are the CURRENT rules…if they need something, they’ll do as they always do and CHANGE the rules…
all my puts are April to June… I don’t know when “snap” will occur, just that it will…
All of the little selloffs were nearly vertical, until PPT intervened…upside is always a melt up style…it may be that big move will come after Feb option expiration, but it may be sooner…Stock market is counting on QE3, based on bad jobs numbers, I doubt it will ever happen, either bond vigilantes will stop it, or the debt ceiling…I have a feeling that market will punish Ron Paul comments this week, just to let him know who is the boss…will see…
Ok, so who won the Super Bowl?
Answer: The Bulls
Dow 500,000 here we come!
Yeah, and a gallon of milk will cost you $500 dollar at that point!
No matter – just keep those presses working. No wonder nobody gives a crap about the US budget. Who needs a budget when you have the central bank creating the ultimate ponzi? People are talking about inflation cutting into profits – who cares? Just keep buying stock.
The joys of compound interest.
I now understand the evils of usury.
http://www.10percentisenough.org/about-usury
There’s only one person who used high interest rates to do something good and productive for society. And that person was bamboozled, ridiculed and his name used for a so-called “rule” that was watered down so much that it is essentially ineffective.
Leo
QQQQ Looks strong in hourly chart for now.
SPY Chart: http://niftychartsandpatterns.blogspot.com/2011/02/spy-intraday-update.html
XLK false print 12:03 candle.
if you believe in these things, I would not be owning AAPL right now.
my 2 grams.
SPY false print now @ 12:10 candle.
It seems like all the lower ones are just being ignored. The upward ones are hit exactly on the money. Maybe the code was changed or they just decided to hit all the lower ones when the market finally falls apart?
Ignore the ones against the trend. I like it.
Yeah, that is, until Moose and Rocco show up at JPM HQ to “help Jamie Dimon find his checkbook”.
New intraday FP of 131.69 spy at 12:10 pm EST.
Looks like we might be going down now to fill that FP at 131.69?
Hopefully further…
The legatus signal heard round the world…a CSCO earnings miss on Wed—get ready!
QQQQ Chart:http://niftychartsandpatterns.blogspot.com/2011/02/qqqq-support-level.html
I did a new video, but it seems to be stuck in the “Finishing Processing” mode with youtube? It’s been stuck there for over an hour now, so I’m not sure what’s going on? But, I did go ahead and put up the new update anyway.
Just refresh the page and read the links on it. Lot’s of new changes coming, and I don’t think the market will celebrate them. As for the video, check back tomorrow I guess? I don’t know how long youtube is going to take to process it? Sorry…
Wow, I’m confused.
Me too? Why is my video done processing? I tried to upload it again, but it gets stuck at 99% done? Arrrgggh!
Processing time varies greatly depending on the format of your original video, file size, and upload traffic. This could take anywhere from a few minutes to several hours.
If after 8 hours you still see a status message next to the video saying Uploaded (processing, please wait), try removing the video from our site and uploading it again. To do this, access My Videos and click the Remove Video button below the video in question. Then, go through the full upload process again.
check image appears here Make sure your video is under 15 minutes in length. We accept most video file formats, including .wmv, .mov, .mpg, or .avi. If your video meets these minimum requirements and still won’t upload, there may be a problem with the video compression you’re using. We recommend the MPEG4 format at 640×480 resolution with MP3 or AAC audio.
Thanks… but I already tried to upload the video again. It still gets stuck at 99%. I’ll just give it all night I guess.
that’s how it all starts. first you can’t access your site, then you can’t upload a video. pretty soon there will be a man in a suit going thru your garbage. you probably already have clicking sounds on your phone.
LOL… some how I think they are too busy right now trying to save their own ass, as to have time to mess with me!
try to upload again.
Ok gang, I uploaded the video to my hosting account until youtube can fix the problem. Hopefully it will work this time? I have unlimited bandwidth on my account, but they probably won’t like it if slows down the server I’m hosted on. Anyway, here is a direct link…
https://reddragonleo.com/RDL-02-07-2011-Legatus-Pilgrimage-Over-Secret-White-House-Meeting/RDL-02-07-2011-Legatus-Pilgrimage-Over-Secret-White-House-Meeting.html
Once the youtube link works, please use it instead… thanks.
Super Bowl ritual numbers::::Once I thought the “elightened ones” favorite teams the Jets and Bears were eliminated, I thought the rituals might subside in the football “arena”. But watching the pregrame show, I noticed the two murals outside of Cowboys stadium, one of Aaron Rogers #12 and one of Steelers Troy Polamalu #43. It took me a little while to put 2 and 2 together and realize it was a veiled 127number ie 12 plus 43 or “7”. And I noticed outside the studio, there was a “plant” errrr “fan” waving a sign with 777 on it with the words season #77 beneath the numbers and Big Ben beneath that. Steelers QB is #7. It turns out this was the Packers 13th overall championship.
As for the heroes of the game, they were Jordy Nelson #87 and Greg Jennings #85 (58crash number). They had all of G.B.’s offensive touchdowns with Nelson leading the team in receiving. WSJ featured a photo Jennings on its front page and it was interesting to see his number 85 was reversed to 58 on his shoulderpads as opposed to the 85 on his back. As for GBs roided up super robo QB, I couldn’t figure out how he played a role in the ritual except that he threw for 3TDS (666)….
Let’s see if today was a fakeout. Some markets like copper put in a nominal new high with a lower RSI while others like oil dropped. Dow’s RSI level is getting worrisome again. Otherwise, 67tds from Nov 5 high will be Friday. There have been many 67tds cycles during 3-6-9 on run.
Nick Collins, a defensive player had GB’s other TD, a 37yard interception return. His number is 36 (666). Tomorrow will be 703calendar days from 3-6-9…..
#23 ritual played out in the Pro Bowl the previous week when DeAngelo Hall, a defensive back,#23 won the MVP which is quite an unusual feat for a defensive player to accomplish especially in a game with a 55-47 score. Hall is most famous for picking off Bears quarterback Jay Cutler #6 4 times back during Week 7 (The Bears had a bye the next week which was Halloween). Curiously, 2-6 is 23 months from 3-6-9 bottom,23 weeks from the August bottom and 2years 3months 23or 24days from 10-10-08 financial crisis panic low. It’s also in the vicinity of 23years 3-4months from October 19,1987.
That’s a stretch Red, but whatever happens, it won’t be too far in the future that people start taking matters into their own hands. Remember, for every middle-class American citizen who gets shafted by the criminals in the govt and has nothing left to lose, that’s one more wild card in the mix.
Like the old saying goes, “All it takes is one motivated Marine and his rifle…”
put 2 of those guys together, and you get an overthrown gov”t.
Leo, I’ve been following your site for a few weeks now and I do appreciate your technical analysis of the market, but I am curious if you really believe your conspiracy theories? I thought I was a bit radical when it came to that, but alas, I have been trumped. “…the end of the IRS”,really??? “China are the good guys”, c’mon… I’m still waiting for ANY reputable media organization to pick up the “Vatican Bank slush Fund” conspiracy. I doubt we will have anything remotely close to a currency revaluation in the near term either. Again, I appreciate your enthusiasm and your charting T.A., but you seem to be a bit of a radicalist when it comes to some of your theories. A GOOD radicalist though. π
I guess I’m just an Optimist, and hope that the gangsters really do lose power and get arrested. I just refuse to give up. I really do believe that big changes are coming in the near future, and that those changes will be positive for all of humanity.
For that to happen, the gangsters must lose power. I think that the 2012 end of the world theory is simply the end of the old ways and the beginning of the new ways.. IE: Free energy devices, enough food and clean water for everyone, jobs, less debt, etc…
Yes, it’s a stretch, but it’s a good dream. While I don’t have any power to make it happen, others do. Maybe my constant exposure of it helps wake up the masses, and therefore I’m doing my small part to make the world a better place for everyone.
Who knows? But I’ll keep hoping and remain optimistic that those changes really will happen.
Bennysux may need a tour of our Dachau concentration camp ….
Now that you mention it, I wouldn’t be at all surprised if the Israelis take matters into their own hands against certain criminals for creating so much unrest around their country.
True… what choice would they have… the final battle is supposed to take place in the holy land…
Mkt Reluctant To Press Trends Ahead of Fed Speakers…bernakium toilet paper co. testifies to congress on wed.
http://imarketnews.com/node/26103
I think we are going to 1333 spx before topping for good. The March, 2009 low of 666.79 x 2 equals 1333.58 spx. But tomorrow and and Wednesday I think we could see some selling happen. Then back up on Thursday I believe.
US MARKETS MORE MANIPULATED THAN COMMUNIST CHINA….WHO WOULD HAVE GUESSED.
If I would have recognized what is really going on and just got on board I would have made a million – it was just too hard for me to grasp that this charade would go on this long… it has really been free money for anyone long.
Video now working (at youtube). Refresh page and try again.
ES Support and resistance levels: http://niftychartsandpatterns.blogspot.com/2011/02/s-500-futures-support-and-resistance.html
anybody getting an odd reading from the VIX this morning??
Yes, I see a 14.86 print! Is that a real print or a FP? Did we go there this morning?
it was a split second spike down….
it was a split second spike down….
yeah, that is what i am trying to figure out – why the spike?? if this is a FP well that means a 30 point up in the S&P or higher……yeesh! i will cover my shorts if this is a FP
yeah, that is what i am trying to figure out – why the spike?? if this is a FP well that means a 30 point up in the S&P or higher……yeesh! i will cover my shorts if this is a FP
good question red,
i dunno??? seems odd to me when we were negative at the open??
good question red,
i dunno??? seems odd to me when we were negative at the open??
It’s gone now, as I refreshed the page?
that vix number was the bottom of the bollinger band?? i dunno how to take it… it is still referenced on cnbc http://data.cnbc.com/quotes/VIX
14.86. I see it.
still there on the $VIX.
it’s the 9:31AM candle.
Its not gone. still on stock charts.
Thanks, I see it now…
It’s gone now, as I refreshed the page?
red,
can you confirm a FP on the VIX this morning to about 14.82???
14.86
was this a trade??? or a FP???
was this a trade??? or a FP???
14.86
I had on my chart …. same reading that you got at 9:31
dee,
was it a trade or FP??? this is odd??
dee,
was it a trade or FP??? this is odd??
I had on my chart …. same reading that you got at 9:31
I got a 14.86 FP on the VIX on my screen…
yeah yeah,,it is 14.86 is this a FP????
yeah yeah,,it is 14.86 is this a FP????
We did not get to 14.86, so it is a FP. Just like the 17.10 one we had last week, which was hit.
Gang, I definitely believe that we have another FP on the VIX now. For this 14.86 print to be hit the market will likely rise up to that 1333 spx level (or a little higher?). Unfortunately, I didn’t get a screen shot… bummer, but we know the target now. So we wait for a short entry at that area.
Silver just broke $30 again.
Here we go… Market ignores China rate hike, as usual. Nothing economic-wise matters. LOL!
Here you go. VIX FP
http://www.screencast.com/users/illinikap/folders/Default/media/3e0ee7f2-ab41-4682-9431-9f8ec0f1a59f
Here you go. VIX FP
http://www.screencast.com/users/illinikap/folders/Default/media/3e0ee7f2-ab41-4682-9431-9f8ec0f1a59f
Here you go. VIX FP
http://www.screencast.com/users/illinikap/folders/Default/media/3e0ee7f2-ab41-4682-9431-9f8ec0f1a59f
Thanks…
Gonna break the shorts backs this morning. 1333 may very well get hit by noon.
Gonna break the shorts backs this morning. 1333 may very well get hit by noon.
Gonna break the shorts backs this morning. 1333 may very well get hit by noon.
this market has the feel now of a blow off top… it is relentless in accelerating upwards, it shows no weakness, it disregards any and all fundamental and technical risk – these are characteristics of a blow off.
That rising wedge on the S&P will be addressed,..eventually. Just not sure how violently it will happen.
EURUSD Daily chart analysis: http://niftychartsandpatterns.blogspot.com/2011/02/eurusd-technical-analysis.html
The market is coming to the end of the apex of this triangle/wedge pattern. The 15 and 30 chart support a breakout to the upside, over the current resistance at the multiple top area.
The 60 minute chart is pointing down and has yet to reset back up. So it’s supporting a breakdown from the rising support line that started around 1275 spx, back on January 31st.
Who will win, the bull or the bear? (Duh… stupid question I guess?)
Bulls hands down.
Of course… but it’s possible that the market fails to break the overhead resistance today and falls back down (breaking the rising wedge) and fills the gap around 131.20 spy area.
Then rally back later this week to fill the VIX FP area, topping out around 1333 spx or so. I still see several FP’s from yesterday that are around the gap fill level. Not sure if they are just late fills or FP’s signaling where the market will close today or tomorrow?
Hard too say, but any move down to that area is likely just a buying opportunity for the move back up to fill the VIX FP level (for those brave enough to put on a bull suit for a day or so).
red,
let me guess, yet another improbable ramp job. Throwing over major wedge and closing above the upper BB!!
Or a drop back and punt (fill the gap) and then go for the finally touchdown later this week or early next? They might not break the line right now, as the 60 minute chart is pointing down, with no signs yet of turning back up.
I expect some kind of peak 11-14th.
If there’s softness on the SPX, beware the ides of March.
(a low looking like P3 beginnings, could be just another dip)
a chart i’ve shared over at TTW.
http://tinypic.com/view.php?pic=3005ms9&s=7
3rd time a charm?
Well, that could be a top instead of a bottom… especially if the market fails to break the overhead resistance today, as it should then fall back and fill the gap (at least, if not go lower?).
Then it would rally back up to fill the VIX FP, and probably hit 1333 spx, or high. We bears just can’t get suckered into any sell off today or tomorrow as being the big move, because we know the VIX print will be filled before the crash really starts.
yep. i’ve learned that key points can be exactly opposite what one figured.
anybody trading nowdays, should know they are playing with power tools and no safety guards!
π
http://www.financialsense.com/contributors/bob-clark/a-safer-time-to-buy-stocks-is-coming
Well, in the beginning of his article I got the feeling he was a “blue pill” taker (sometimes I wish I was too), but the last two sentences he typed were…
“Technical indicators do not work, neither does fundamental analysis. The Fat Boys use both to trap investors. It gives them the other side of the trade, allowing them to enter positions.
I offer one on one, learn to trade courses. There is also a powerful video set available. Both will get you on the right track in the new year. It is the same track the Fat Boys are on. They control the markets and if you are not with them, then you are a victim.”
…which of course made me realize that he took the “red pill” but learned to how to play the game in the blue pill world. Which is something I haven’t done yet, so “Agent Smith” is always chasing me! LOL.
SPX Chart: http://niftychartsandpatterns.blogspot.com/2011/02/spx-support-and-resistance-levels.html
Red,
i am going to throw this out to you and the gang – just as a ‘what if”. What if the gangstas are on to our following of the FP’s…. we have two short term FP’s for the spy to the downside that have gone unfilled. what if they are now in the mindset of using reverse FP’s. what if the VIx fp this morning – which can be seen from the MOON (and i mean the moon from uranus), is the first of the reverse FP….we are expecting another upward movement because of that FP – just like we were expecting a down movement because of the downside spy FP’s, but that used to create a short squeeze…. What if we are being played right now because enough of us follow those FP’s as market direction…..
what if they do the opposite to the VIX fp now??? i am thinking outloud…so be kind….
LOL… anything is possible Richie, but until they stop hitting the FP’s… they are still accurate. As for them “being on to us”… of course they all, as they read all the blogs.
They just don’t care, as we haven’t figured out how they play the game exactly. We only know a small piece of the puzzle, which likely just keeps them amused at us.
They will pay a visit to the site if we start getting it all right! For now, they just sit back and laugh at us.
pay attention to the euro right now red,
look at the weekly for euro/usd – it is up against the resistance of a downward sloping trendline from 2007. does it break through this level?? it would need to as the correlation between the euro/es mini is still a driving force in the equities….
Someone is quietly dumping euros. But there is enough extra money to prop it up. Just feels like there is now a 3rd criminal party now pumping the market. Might be a good thing to have competition between criminals……
You shouldn’t be buying and selling securities based on Fake prints alone. I hope noone is doing that. Your trading system should be followed and FP’s can be used as an added qualifier if it tickles your fancy… I would pay attention to them with the understanding that the gangsters WILL change the game, eventually.
Maybe if we all started yelling, buy, buy, buy, they would finally take ‘er down? π
Number 1 winning strategy is to ignore all technicals, fundamentals, and everything else going on in the world and just buy every dip of more than 2 pts. It’s fucking bullshit. 3 pullbacks today of about 3.5-4 ES pts each, and every single time pumped right back up to new highs. Trendline after Trendline broker, but we still keep going back up. No such thing as support turning to resistance once it broken, yet upwards resistance means jack shit and we blow through it every time. Sorry for the rant, but I mean wtf. I’m sorry but I just can’t get myself to blindly buy thinking that we are just going to keep melting up.
Melt ups aren’t good enough any more. This is a full-on hard-core illegal steroid ramp job. The last bears are gone and now it’s time to really ramp it up. What do you say, 50, 100 dow points a day? Hell, throw the spx 10 handle rule out the window and jump on the Dubai tower turbo elevator!
I hear ya. It’s a BS market, but as long as Benny is pouring in liquidity like Niagra Falls, it’s gonna be hard to expect a REAL crash, let alone a correction of 5-10%. I’m bearish too in ideology, but I have to go long from time to time when they breakout…
I think they are reading all these blogs to gain sentiment and that wall of worry this market is climbing,…is US.
it’s F’ing BS, agree with that.
I encourage any permabears to just buy a small long, small as possible. and just watch it. mock it. watch it turn green. knowing that some day is will fall back. till then, it’s a great psyche experiment.
8 weeks of an extra $5 billion a day from the Treasury’s Supp program. I think this took the usual criminals off guard. I doubt anything downward movement will begin before then.
Yup, the market falls a little, pump the euro, the euro falls, pump the market. Just a juggling act. I don’t think any market levels will have any significance at all, FPs or anything. They’re just playing a game of prop up the market until the money runs out. Looks like any criminal planning has gone out the window.
my wife told me to never come home again.
LOL… sorry about that. She’ll call you back when the crap really hits the fan!
You can draw trendlines, watch them be broken, only for the pump to start all over.
A broken trendline means something…it means BUY! BUY! BUY! We’ve have had 7 straight up days and now we’re accelerating. During the last half of the 1999 Greenspan PUMP, the Nasdaq doubled. I don’t see why they don’t just keep this pig rolling until every last cent runs out.
Insanity: doing the same thing over and over again and expecting different results.
Dow jones resistance level: http://niftychartsandpatterns.blogspot.com/2011/02/dow-jones-resistance-level.html
On the other hand, because the criminals don’t have any more money of their own, they can’t gap the market up and have to wait until 10:15 EST for the freshly printed manipulation money from the Fed. At that point, buy the 1 handle dip, and go “all in” as usual.
Just unfucking real. Can we drop more than 2.5-3 ES pts. Fucking 7 days up in a row
You’d think they would at least sell off 10 points or so, and then go up again… sheesh, might as well sit on my hands until the vix FP is hit.
Good idea RED.
Maybe a new high close today will finally bring about the HUGE gap up then crash scenerio? I think that’s how they will finally let ‘er fall. ONE DAY!
How high and overbought are we now? Did we hit heaven?
We’re past Heaven now…
well——- this chit don’t help, FP on VIX 14.86
Another 2 pt drop, but the dip. Low and behold, almost to new highs AGAIN
Is it possible to gap up in the AM above the rising wedge in the S&P?
Anything is possible in this controlled market!
Does it matter? Just buy the f’n dip!
I am thinking the same thing.
SPY p/e and eps raised due to the fantastic earnings season! i’ve made my adjustments, i’m raising my 2011 target price from 1400, to 1497—sorry folks, I have to trade what’s right in front of me, (always)__
Hell, looking at the ridiculousness, time to take out a loan and go all out on calls baby! Woo-hoo! Dow 400 points a week or bust!
From July 2009 low to Jan 2010 high there were 134tds or 67×2. Then from the Jan top to April 26 high there were 67tds, 13tds down followed by a 54td rally……From April 26 high to Nov 5 high there were 136tds and 67tds later should be Friday which should be (2)0(3) tds from April 26high…..15tds down followed by a 52day rally……Feb 11 or 2-11-11 would also be 7months7days from July 4 (I’ll get to that later—July 4,1776 was 234years 7months7days ago). It will also be 7years 7days from Facebook day ie the Social Network founder’s day of revelation on 2-4-2004.
The final updraft into the April 2010 top featured a DeMarkian 10consecutive weeks of closes above the close 4 weeks earlier known as a weekly sell setup but in this case it was recycling previous setups and was really an extension. This week also should be the 10th consecutive week of closes above the close 4 periods earlier. I haven’t mentioned this here but there are all sorts of esoteric cycles for this week. Only caution is next week is opex week and would also be 33weeks from the July low. It’s hard to see a drop during opex week and next week could give a DeMarkian sequential weekly sell signal (actually recycling one that is already in place) if it holds up in this area.
Today is the first day with a daily bar completely above the August 2008 high and if this is a false breakout, the market needs to put a few days above the 8-2008 levels. Currently there are 6 consecutive daily bars above the close 4periods earlier and I expect an extension to occur to at least to a 9 count.
DeMark mentioned in his CNBC interview that the market moves in increments of 5.56%. Twice that or 11.12% is his conservative estimate for his predicted downmove. Today is 556tds from the 11-21-2008 bottom and Friday will be 2-11-11. Friday will also be 156tds from the July low.
vix fake print 14.86, from a different camera angle.
http://zstock7.com/wp-content/uploads/2010/09/vix-2-8-fp1.jpg
here’s that qqqq 59.96 FP again. I thought this was going to be irrelevant, 2 weeks ago
http://zstock7.com/wp-content/uploads/2010/09/1-27-qqqq-59-96.jpg
I shorted HOT today! FRY baby FRY…i like my shorts well done….
Market Structure FACT 2/8/2011
Another Market Structure fact worth noting. On 1/28/2011, the QQQQ dropped 2.5% while the previous days high was at highest level in 2 plus years, the next 7 trading days it rallied 4.1%…the ONLY other time my QQQQ history shows such an event occuring was 3/2/2000 and 3/13/2000, those highs marked the weeks of the Internet BUBBLE TOP and the market sold off 83% over the next 2 1/2 years. It is no wonder in my mind that Richard Fisher Federal Reserve Bank of Dallas spoke today suggesting he would dissent from further FED easing/market intervention. Fisher will likely supercede Bernanke at some point in the future.
http://kbsctrading.blogspot.com/
lindsay lohan back in court. the last time she was in court, the market tanked.
I love how many chances you get in celebrity court. Drunk driving, illegal drug use and assault can easily be paid off.
http://www.youtube.com/watch?v=ptHQu68MdMs
it’s all commerce with $$$’s attached.
richies, have no problemos.
At least the S&P 500 looks range-bound for now. I doubt we will go past 1328.
We should cycle down until we can bull forth to 1350.
Silver and Gold is usually down a little bit before Uncle Ben speaks and then it rockets up.
SPY 135?!?
take a gander at this..
http://tinypic.com/view.php?pic=r938df&s=7
Son of a bitch. The VIX close today was right on the nut on that FP the Thursday before the big Friday dump. 15.81. It was a red print. Today’s was a green print. These MF’s color coding these now?
Refresh page for Tuesday video update…
Da Bears
http://www.youtube.com/watch?v=d32OeqbYbHg
Red, you sound a bit tired.
if this baby does roll over in the next few weeks…what are our targets?
I did a little woowoo curve fitting best I could.
remember guys: this is looooong term, don’t try this at home.
π
http://tinypic.com/r/2vlrty0/7
Target of 4750 – 6000 DOW. by next Year.
-GG
Yeah, I was tired (still am… going to bed soon). As for downside targets… I really don’t know? It sounds crazy to think that it could fall all the way down to the 106 spy FP from a few months back, but this dollar devaluation could easily drop this a 1,000 Dow points very quickly.
Short term… maybe a retest of the 1173 bottom? I’m just guessing here as once this news is released anything can happen? I think it’s going to surprise everyone when it starts falling.
well, halfpasthuman has been talking about a tipping point. this could be part of it. the superstorms have been downplayed globally.
the dow/gold ratio is around 9 (which is a joke IMHO)
http://stockcharts.com/h-sc/ui?s=$INDU:$GOLD&p=W&yr=3&mn=0&dy=0&id=p87064226192
it should go down low as 3 or lower.
that would be DOW 6K, Gold 2K
if the dollar halfs, then GOLD 1300 to 2000 would fit easily.
well, halfpasthuman has been talking about a tipping point. this could be part of it. the superstorms have been downplayed globally.
the dow/gold ratio is around 9 (which is a joke IMHO)
http://stockcharts.com/h-sc/ui?s=$INDU:$GOLD&p=W&yr=3&mn=0&dy=0&id=p87064226192
it should go down low as 3 or lower.
that would be DOW 6K, Gold 2K
if the dollar halfs, then GOLD 1300 to 2000 would fit easily.
I’m still wondering how gold can go down to that FP of 935 if the market crash from the dollar being devalued? You’d think it would go up in fear and panic.
well, sometimes they (equities & gold) do opposite moves,
sometimes they dance together.
If rates jumped in a shock event, why would you hold gold?
(think Paul Volker who killed the commods with higher rates)
So you think they will dump metal’s and run to what… bonds?
As we all know now, all these prints hit at different times…
interesting pundit on China and gold – worth a look
http://www.arabianmoney.net/gold-silver/2011/02/09/cazenove-star-analyst-says-china-to-raise-gold-reserves-five-fold-and-boost-gold-price/
Good luck all
http://xiam007.blogspot.com/2011/02/magnetic-polar-shifts-causing-massive.html
ES Chart: http://niftychartsandpatterns.blogspot.com/2011/02/s-500-futures-before-opening-bell_09.html
Looks like another boring day, as the charts are pretty much worthless right now for picking a direction. The FP’s are all that’s left to go by. If we didn’t have the VIX FP, I might have already went short again, now I wait.
red.. when you short… what do you normally short and how do you play it short ? thanks.
10% Inflation is too low.
Of course! The whole point is to have to spend so much on food, that you have to BORROW money to live. The only way this fake economy can be successful is if there’s a negative savings rate. The more people have to bury themselves in debt, the better!
Interesting charts by Mr. TopStep…
http://mrtopstep.com/2011/02/09/mr-topstep-charts-a-case-of-the-bollingers-ready-for-buy-climax/
I think he’s of the opinion that a blow off top is coming… which might line up with a high around 1333 spx?
New intraday FP of 133.10 on the SPY at 11:05 am EST.
New intraday FP of 133.10 on the SPY at 11:05 am EST.
does it count? the bernank was speaking at that moment.
LOL! I don’t know? I guess it still counts? However, I believe that before this thing sinks, we should have a “blow off” top happen.
Think of it like the Titanic sinking, and just before she goes completely under she pops up her tail high in the air… and then you never see her again.
http://www.jlfmi.com/images/Nasdaq%20Bubble.jpg
Actually, it would be nice if the blow-off top looked like that, to squeeze out a few extra bux at the end.
SPY Chart: http://niftychartsandpatterns.blogspot.com/2011/02/spy-hour-chart-analysis_09.html
SPY Chart: http://niftychartsandpatterns.blogspot.com/2011/02/spy-hour-chart-analysis_09.html
They are tanking the dollar and the market is still down. A very weak sign I believe.
Mr. TopStop says that the Paul Tudor Jones group is calling for a top in the market within the next 3 days…
http://mrtopstep.com/2011/02/09/danny-riley-hears-paul-tudor-jones-calling-top-in-equities-bottom-in-bonds/
In agreement with zstock7, he called for the mid of Feb
also, Jaywiz called for it on 13th of Feb
Here’s the Spiral Guys’ chart for the month…
http://spiraldates.com/2011/charts/scores_0111.png
Today looks like a turn date too, but I don’t see anything happening until we have the blow off top… maybe 1333 spx area?
This is January
Sorry…
http://spiraldates.com/2011/charts/scores_0211.png
Lets just fill the gap at 134 & 135 from 2008
i’ve been calling feb11-14th
but does anyone listen?
noooooo.
(no reputation I guess) hehe.
Head and shoulders patterns on the SSO and XLF in the 15 minute time frame. I know they hardly EVER work, but at least it is a tradable pattern. π
I missed Berspanke being grilled (roll eyes). Did he say anything truthful today. π
Red,
look in your email – i sent you something!
Thanks…
GLD Chart: http://niftychartsandpatterns.blogspot.com/2011/02/gld-chart-analysis.html
I don’t think “they” will let a crash be very tradable. They will gap it up or down either way and then crash it. Today’s action is too easy and opening within a few points of the previous close isn’t ther style. So we wait…
would you know the look of a forest if you were squared up to the bark and trunk of just one tree?
it is uncertain market times like this we would be wise to pull away from the tree and consider the perspective of the whole forest.
happens every time, lindsay lohan goes to court, tanks the market:)
and the loss of pirates created global warming.
look it up – it’s TRUE!!!
on paper, half my shorts would have worked today, that’s a 5000% improvement
the gansta’s hard at work…Dow 30, DIA, down 12, and not 100, only because DIS gap up 5% on earnings. frikkin DIS.
keep talking chambers—-drive your stock down, fry fry fry!
CSCO 22.34 AH down to 21.8
edit 21.76
edit 21.72
Until 10:15 am EST…
or pre-market, any IWM retest of 81.3 should be shorted imo, with a 1% stop loss. if stopped out, sorry in advance!
It’s hard to hold shorts for more than intraday…
the dirty rat spoke today, and it didnt even close +100 points. Whats up?
okay, I’ve got my crusty shorts on because I see reversal patterns on the indices. will I count losses or wins tomorrow, hmm i wonder…
I got this idea from TK site but really looks to be a clean, low risk short.
SMH – http://screencast.com/t/Z4hka5c5vgv
Thanks Jigsaw…
Atilla seems to like Amazon as a good short for when the crap hits the fan. I’d like to see it get up to a double top at 191 again first though…
I’ll try a short of any IWM retest of 81.3 with a 1% stop loss. If I get stopped out…that’ll just confirm, i’m wrong. and have to switch to —week of OPX feb, last 8 of 10 times, the QQQQ lost 2%, if that’s wrong…I’m back to “I have no idea when the pullback starts!” Again!
Just buy the f’n dip!
if we are in the feb pullback, that strategy might work on AKAM.
I wouldn’t actually try that on any individual stock. Just indexes. The way I see the strategery…if a big stock misses earnings, or is perceived to miss, that stock is “let go” for the day, while the broader indexes are pumped. The very next day, or after a short period of time, it’s as though nothing happened to that stock. Pure, unadulterated manipulation.
I’ve got a sell signal on my newly devised DeMark Geccko sequential count TM (jk) of the rally off late November lows, a variation of standard DeMark sequential which seems to loose on the daily counts. It still has the same setup, 9 consecutive closes higher than 4 closes earlier, but afterwards each new upbar must have a higher high and close than the previous upbar until there is a 13 count. And each newupbar has to have its body at most in the upperhalf of the previous upbars body. (very subjective—I understand). Well today was day 13 by that criteria. And to top it off a final 9upcount of 4closes above the close 4 bars earlier would be a double sell signal on top of this. (this hasn’t happened yet).
I will stay wait for Friday’s action though. Today is the equivalent of the rally off the July 2009 lows to April 26 ie 134tds +67tds(Jan’10-April26).
While since then there was 136td high-high fromApril 26 to Nov 5 +a 65td high-high to today. A massive bear flip or weekly reversal will change my mind although I am already bearish. Friday’s date with destiny could mean it is a big down day. A weekly reversal would validate the 23weekly numerology angle for a top. Hint,hint this week is week 174(111-also a featured number from Red’s favorite print) from the October 2007 top.
I’ve got a sell signal on my newly devised DeMark Geccko sequential count TM (jk) of the rally off late November lows, a variation of standard DeMark sequential which seems to loose on the daily counts. It still has the same setup, 9 consecutive closes higher than 4 closes earlier, but afterwards each new upbar must have a higher high and close than the previous upbar until there is a 13 count. And each newupbar has to have its body at most in the upperhalf of the previous upbars body. (very subjective—I understand). Well today was day 13 by that criteria. And to top it off a final 9upcount of 4closes above the close 4 bars earlier would be a double sell signal on top of this. (this hasn’t happened yet).
I will stay wait for Friday’s action though. Today is the equivalent of the rally off the July 2009 lows to April 26 ie 134tds +67tds(Jan’10-April26).
While since then there was 136td high-high fromApril 26 to Nov 5 +a 65td high-high to today. A massive bear flip or weekly reversal will change my mind although I am already bearish. Friday’s date with destiny could mean it is a big down day. A weekly reversal would validate the 23weekly numerology angle for a top. Hint,hint this week is week 174(111-also a featured number from Red’s favorite print) from the October 2007 top.
bbc just said the US is on the highest terror alert since 911. i saw it on tv.
that’s impossible!
(we dropped the sesame street color codes) all is WELL.
π
You should have took the blue pill… LOL!
too late, o deed on the red pills….
Yeah, and they moved the Sesame St codes to the FPs!
Well, if they are going to blow something up, they have to tell us first (and of course they want us scared so we will give up more of our freedom).
I hope things don’t go chaotic soon, all I have is a .50 caliber muzzleloader which takes a long time to load.
M1 SOCOM, still reasonably priced.
Actually,yesterday was day 13 since all indices were down except for the Dow. And this is very experimental.
Today though is 704days from 3-6-9 low.
One can also easily see 5 waves up from the Nov 2008 low for $ndx and qqqq with wave 1 being Nov ’08 to Jan ’09 rally…March ’09 to April ’10, wave 3….and wave 5 since July lows. Technically there is a chance that a wave 4 within this last wave might need to happen (the equivalent of the August decline) but I have seen these type of conundrums before at tops so I wouldn’t bank on it needing to happen. They tend to confuse bears and bulls at the top. The paltry Nov correction could still qualify as the wave 4. The wave counts though are mangled in the Dow and SP though which definitely helps to confuse.
QQQQs hit the 58 crash number something I have been considering for awhile now.
58, 5+8 = 13
s&p 500 Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/02/s-500-analysis-after-closing-bell_10.html
the problem with less seasoned veterans in seeing all this bull chit, is lacking the ability to turn sentiment, on a dime. ( myself included, sometimes, but not often)___you bulls out there, that’s 90% of everyone, be careful, intermediate short term.
And be ready to BTFD. Have a flash crash list of buys…
full disclosure, I don’t own one long_____I might by AKAM on the dip. it has the ability to go up, on a day the DOW is down 200.
that’s what the gansta do, they try to get me hooked on buying every dip, and I’m completely hooked…that’s when___ i do the withdrawal symptoms cold turkey, and change strategies.
Pomo continuing till June fellas. Just go with the flow………
Rosa Luxemburg & The Mass Strike (1906)
http://www.marxists.org/archive/luxemburg/1906/mass-strike/index.htm
Been looking at the prints, and may be going crazy, but the way I read the Qs prints, we’ll be at 57.02 by the EOW. If I’m wrong, back to the drawing board…
New post…
Futures down quite a bit… is today the day?
Comments are closed.