Wednesday Update... site down again! Probably being attacked now!
(to watch on youtube: http://www.youtube.com/watch?v=tKKW0kLRrJY)
Am I exposing their FP's too much?
(to watch on youtube: http://www.youtube.com/watch?v=6MTU8bn-OE4)
Probably Not Until The Last Bear Is Dead First!
(to watch on youtube: http://www.youtube.com/watch?v=s6gOlqjfBBc)
What I expected to happen last week was once again proven wrong as the bulls just won't fracking die! This market is absolutely insane right now! How on earth can it continue to go up day after day without more then one good down day out of every 20-30 up days? Total Madness!
On top of that, my website hosting provider had to take my site down because it was getting hit with too many requests (a lot from the same few IP addresses), which slowed down the server too much. Then my cable modem went out on me Friday (it was 7-8 years old, so it was time I guess?), and I wasn't able to post all day because of it.
I had internet through my cell phone, but posting from it is a pain in the butt... so I didn't waste my time. Besides that, the market rallied up for that "Blow Off Top" that I've been looking for to happen, so I didn't miss any crash (at this point, catching a crash is like trying to catch a unicorn).
So now what? We had our big move up that I expected to happen, so next week we should see the big move down too (yeah right... roll your eye's here as I've been calling "wolf" too many times now). Ok, here's the deal... if we don't turn down next week then we are going up to Dow 100,000 by the end of the year! (kidding of course, but we do need to roll over or this will extend up for possibly another month or so).
Not the charts have been working for the bears (as they only seems to work for the bulls... go figure! I wonder why? Duh, it's because of Madman Bernanke printing money faster then SuperMan can fly!), but Monday looks like a perfect day for a reversal to happen.
Here's why... just like I said in the last video I did, the short term charts looked ready to roll up together giving us a new high in the market (which they did on Friday, although I thought it would happen on Thursday... so I was off a day! Sorry, no one's perfect!), I think it is already peaked or will be at some point on Monday.
I'll go into it more in the video, but simply put... all of those same short term charts are very likely to roll over on Monday. I know that Monday's are usually "Bullish Monday's", and I'm going against the "norm" here, but the charts say it will top (at least short term) on Monday and roll down into Tuesday.
So, I'll be looking for a possible gap up on Monday to get short for at least a 1-2 day down move. It could turn into more, but I'll just take it one day at a time for now. While I don't think we will gap up on Monday, I'd love to see it happen as it would be a perfect spot to short at.
As far as other news that could move the market (down of course), this video of Ron Paul is worth watching. By the way, I still have hope for Ron Paul as although he seems to be a member of the Illuminati (based on the "hand sign" he used in the last video I put up on last weekend's update), I think he really wants to do the right things.
And, Ron Paul wants to do some things that I really support... like abolish the IRS and the Federal Reserve, which are the gangsters in my opinion! Whether or not TPTB are allowing this to happen or not is unknown right now? It could be part of their overall plan for all we know?
Maybe some of these gangster reptilian elites have decided to put on a sheep suit so they can blend in with all of us sheep and look like hero's, instead of the wolves they really are. Since we sheep have NEVER really had any real choice for president in the past, if the gangsters let (and support) Ron Paul for a run at the presidential office again in 2012 then we sheep should still vote for him and "HOPE" that "IF" he is under their control... he breaks free and flips them the bird like JFK did (without the assassination please)!
But, do remember what I said about people/things/organizations that are heavily promoted... as they are only allowed to be that way because TPTB allow it. They allowed Wikileaks too become popular... why? Because I suspect they secretly control the release of the information that they have... and probably are the "source" behind them getting the info too! Things are never as they appear!
For now though... I like Ron Paul, and hope that he wins the next election. I voted for him in the past, and will do so again... Illuminati member or not? I don't care, as there is good people inside that organization wanting out, just like the churches of the world have bad people inside them. Good and Bad, Yeng and Yang, Positive and Negative... it doesn't matter. Just focus on what he, or anyone else... really stands for. That's all we can do as immortal spirits trapped in this human body, living in the matrix.
I haven't heard anything more about the coming new currency change, other then that it should take place by some time in March. Does that mean that the market will continue up until March? I wish I knew the answer? For now we can only take it day by day, as calling out for P3 to start now seems pointless.
We ended P2 months ago, but P2.1 happened, and then P2.2, and P2.3, and now we are P2.4! PLEASE! When are we going to dump this P.O.S. operating system (the P2's) for a more realistic one called P3? I've seen fake boobs on a woman that look more real then this P2 rally! Someone smack some sense into Bernanke and stop this B.S.! Or better yet, just whack him in the head really hard and maybe he'll wake up from this nightmare dream!
Getting back to the market, I see Monday selling off after the 60, 30, 15, and 5 minute charts all line up together in the "overbought/peaked" area... but at what level I don't know? I'm not saying that it will be the start of P3, as I don't know when, or if we will ever get to that point. But at least some selling should happen and I think it will continue into Tuesday.
The rest of the week is unknown, as it's opx this coming Friday, which as you all know by now... opx week is usually bullish. You know how the gangsters like to make all the puts expire worthless, which is another reason I think we will go down early in the week... to get some bears on board (to trap on a short squeeze later in the week), and to shake out some bulls that think it's easy money up until Friday.
In summary, "if" we have a move up in the morning on Monday, I'll be looking to short it for a move down into Tuesday. The rest of the week is unknown.
Good luck bears....