Thursday Morning Technical Analysis Update...
(to watch on youtube: http://www.youtube.com/watch?v=NxKVPmZ24Bo)
Read this...
Funny how this "all important" meeting happens when the Legatus meeting ends.
Red
_____________________________________________________
Lindsey Williams latest report has the stock market crash in 2012 and America defaulting on its' debt soon there after...
(to watch on youtube: http://www.youtube.com/watch?v=Ok9JwiXLTlA#!)
I've taken the time to listen to this 1 hour interview with Lindsey Williams and break it down to the key points for those of you in a hurry. I've summarized it as follows:
The Elite Illuminati Gangsters want to create massive debt before stock market crash
- The elite want to create debt like in not only America but every country of the world, comparable to the debt that Greece has.
- Greece will get bailed out in everyway imagined until the very end
- The elite are buying the bonds of Greece so they will own the country when they default
- The elite are allowing California and other states to get in the most horrible state, so when they default, they will own and control them
- All the bailouts are done intentionally to force a default where then the elite will fully controls them
- "By the end of 2012 private fortunes will be lost if they are secured with paper"
- Syria is the next country they will attack
- Elite are 3 months behind schedule because they couldn't get Muammar Gaddafi fast enough
- The US Mint sold 737,000 Silver Eagles sold on the first day of October. Only buy silver coins minted by the US Mint.
- Never done before in history. It's 42% of all the sells in the whole month of December, 2010
- Gold to go to $3,000 almost overnight and Silver to $75.00-$100.00
- The Elite plan to keep the price of gold and silver down for a few more weeks (maybe a few months)
- This is because they are buying all the gold and silver up for themselves at cheap prices
- Welfare, Food Stamps and Social Security will not be cut off until the US Defaults in a few years
- Elite don't want riots. They don't like the wallstreet riots.
- They will default on paying social security, welfare, and food stamps when the US Defaults
- They want you in massive debt. You need to have enough money in gold and silver to pay your taxes for 3-5 years.
- Goldman Sachs won't lose a penny.
- Fear is what the elite what. They create it to make you shutdown your brain and not see whaty they are doing
- America will be like Greece in 3 years
- The current debt in America is $14,837,000,000,000 for the new year coming in 2012.
- Major discord between the elite of the world. They hate each other, but have to work together. Major arguements among the elite.
- Elite have think tanks they use to predict the future. One of the think tanks says that something very unually is going to happen in 2012. This is in the spiritual realm. There will be some "Divine Manistafactions" in 2012
- The Elite have a "Devil's Messiah " program scheduled for 2012
Be forewarned when listening to Lindsey as he has a "Fear" voice that makes you want to go hide somewhere to avoid the coming disaster. Why I don't think he is doing this on purpose, you still need to be aware of it. He has that "Fire and Brimstone" preacher voice, which is exactly why the elite like to use him to spread fear to us sheep. Just as Lindsey said, "Fear" shuts down the brain and keep us sheep in line. These Reptilian Shape Shifters have kept us in fear for the last 6,00o years or so. Don't fall for it! Keep your spirits high and light around you all the time, and darkness can't control you.
Don't get me wrong, I really like Lindsey... it's just the way he delivers his message is what I worry about. While I think he is sincere, honest, caring, and a genuine good person... the elite are using him to spread fear! I doubt if he even knows that he's doing it, as it's just the way he has learned to speak over the years of being a minister. I'm pretty sure Lindsey doesn't know about what's really going on behind the scenes as David Wilcock and Ben Fulford tell us. This unfortunately makes it easy for the elite gangsters to use Lindsey like a puppet. So, just listen to the information he gives us and leave out your emotions. "Fear" is what they want... don't give it too them!
The Elite Illuminati Gangsters are losing more control as each new day passes...
In this article by David Wilcock (http://kauilapele.wordpress.com/2011/10/13/new-david-wilcock-article-disclosure-imminent-part-ii-many-more-bases-destroyed-and-asshole-hippies-from-outer-space/) you can clearly see that ever recent attempt by the Illuminati to fulfill their evil plans has failed. Numerous Aliens/Angels/Higher powered beings... have been helping us secretly to stop the Illuminati from nuking the planet and killing off 80%+ of the population. This includes a brief mention of a 10 mile long spherical UFO that is now parked in the upper Earth orbit. Over 200 smaller craft have been seen coming and going from the mothership, thanks to round doors opening and closing.
This is probably the "help" request being answered by the people of our planet that are tired of the dark ones' control and want freedom. I would speculate that these ET's are the one's responsible for destroying the two underground bases in Colorado and Virginia that caused the earthquakes aboveground. As David states (and Ben Fulford confirms) 6 more underground cities have been destroyed too. However, there is NO nuclear radiation found, which means it wasn't a nuclear device that caused the destruction of these 8 cities that the Illuminati planned to hide in while they nuked the planet killing the rest of us sheep off.
It was some type of weapon that increased the air pressure 20 fold and destroyed the entire base of each underground city. David states that it is more then 8 bases now as this is continuing to happen as of this writing. Also, the people were not killed in these underground cities but instead taken through some portal that opened. In these underground bases where the craft that the Illuminati created (from the Trillions of dollars printed and stolen from us sheep) that were to be used to stage the "Fake Alien Invasion"... which isn't going to happen now. LOL!
There are now 80 countries that have joined together to fight the evil cabal illuminati...
Make no mistake about it, the Illuminati Cabal Gangsters are going down! The "End of the World Prophecies" for 2012 are really the "End of the Illuminati", and their control over the people of this planet. This is obviously another reason that the stock market must crash, as all the illegal derivatives and other fraud transactions must be wiped out of the system, and a new fresh system started. While Lindsey Williams was told that the crash will happen in 2012, that's only true if the gangsters maintain control of the market. Right now, they are 3 months behind on their schedule... which I think is a lie they told Lindsey to mislead us sheep.
With the destruction of 8+ of their underground cities/bases, where they had their secret technology hidden, I'd say they are more then "3 months behind"... more like "Massively Crippled"! I don't think they will be able to created WW3 as planned and kill off us sheep, as they don't have any place to hide now. I'm sure their access to the "Jump Rooms" (which are basically a transporter that "beams you up" to the hidden cities on Mars) are also destroyed. Now they can't leave the planet to go hide on the Moon in one of those hidden bases or on Mars. Basically.... they are screwed! They will die here with us sheep if they do some how manage to get a nuke off to start WW3... which I don't believe will happen.
Of course the stock market is sill going to collapse, but not from a "Fake Alien" invasion like seen in the movie "Battle LA", with the Dow dropping 4,000+ points in one day! This was one of their evil plans, just like the WW3 was one too. These people (Reptilians?) are sick! They have no feeling of love or compassion, but instead are filled with hate, greed and anger. I really feel sorry for them as they are going to be left behind when we sheep move into "The Golden Age". I don't even know if we'll need money in this new period, but I like playing this stock market game anyway... so I'll continue to try to figure out the next move.
The latest from Ben Fulford clearly tells me that these gangsters are fighting among themselves (as Lindsey Williams also stated) as they are losing control and running out of money. It's only a matter of time that it all falls apart and the stock market just totally collapses. While they think they will be able to steal all of America's assests and create "The New World Order", everything tells me they will fail. They will likely be arrested just as Ben Fulford states his latest post below.
Posted October 11, 2011
When the Asians decided to wage financial war against the criminal cabal that has taken over the West and was plotting unprecedented genocide, the cabalists were warned that it would just be a matter of time before they faced lynch mobs in their own countries. That time is fast approaching. The non-stop protests against the cabalists in the US and the impending doom of the Euro are just the visible part of a global movement to remove these parasitic scum from the body politic of the West. The invisible part involves control of codes and high tech “black screens,” that are used to manage the international financial system. Here multiple sources say that bank accounts meant for the use of humanity as a whole but taken over by private interests will be seized. As a part of this move, the control of the US dollar will be taken away from the privately owned Washington D.C. Corporation and moved to Switzerland. There it will be managed by the nations of the earth. Given these circumstances, the United States would be well advised to create a new greenback for their own use.
The latest twist in this financial war is the news that David Eisenhower, the son of president Eisenhower, has been a key front man for the cabal within the Bank of International Settlements.
Eisenhower has illegally placed 10 Kennedy bonds he does not own into something known as a “trading program.” “Trading programs” are an esoteric financial scam set up by Henry Kissinger. They basically are fake “mirror accounts” of real funds that are used to recycle public money into private hands. The private individuals accessing money this way have no legal right to it. Thus Eisenhower is using bonds issued in the name of the US government for private purposes even though he has no legal right to do so. Another word for such activity is fraud.
Through these “programs,” money that was meant to be used for humanity as a whole was thus instead hijacked by private interests such as the Rothschilds, the Bushes etc.
The people in on this scam include the Bushes, the Clintons, the Obamas, Alan Greenspan and the other usual suspects.
The nations of the world have now been notified about this scam. One consequence of this is that the government of Ireland has been asking bankers who are trying to force the Irish to pay huge amounts of “debt,” to prove the bankers had the legal right to create this debt in the first place. They do not.
Greece is now contemplating a similar move. This same legal maneuver would eliminate much of the US private and public debt as well.
Legal action against these high level fraudsters may begin late this week or early next week. At stake in one lawsuit is control of funds worth $371 trillion. This money was pooled after World War 2 by the non-aligned nations and meant to be spent on the development of Africa and Asia but was instead hijacked by the above-mentioned gangsters.
The Rothschilds have already contacted the White Dragon Society and are suing for peace. A WDS representative has been repeatedly invited to Geneva to meet with Rothschild family leaders to work out a deal. So far, no meeting has been agreed to.
Japanese power brokers under Rockefeller/Bush proxy former Prime Minister Yasuhiro Nakasone have also contacted the WDS and are trying to make a deal via the head of one of Japan’s public security agencies.The White Dragon Society is no longer in a position to make a deal with these people. The situation is now being handled by various national police and security agencies. That means a lot of people who might have earlier been able to get away with appearing before a South African style truth and reconciliation committee will instead end up in jail. That is unless the mobs get them first.
The exposure of this high level financial crime will fundamentally change how the planet is run. The flow of money will used for the development of the planet instead of the enrichment of oligarchs.
The IMF no longer has money because they no longer have permission to access the pooled funds of the nations of the world. In fact, any treaty rights they had expired in 1994 and were not renewed.Since the IMF no longer has access to most of the world’s pooled money, they will no longer be able to subject nations to their brutal and destructive “structural adjustment programs.”
Instead, existing global agencies like the IMF, the UN, the World Bank, the BIS etc. will either be abolished or revamped. Some new agencies may also appear.
A Russian contact has told the WDS they now support their proposal for an international economic planning agency. The US agency and pentagon patriots have also given qualified support to this proposal. So have the Japanese and other national authorities.
This yet to be created agency is now expected to get initial funding of $11 trillion to use to finance a campaign to end poverty and stop environmental destruction. It will be meritocratically staffed and open to full media scrutiny.
Victory for humanity is close at hand.
Legatus Pilgrimage is just one week away now...
(to watch on youtube: http://www.youtube.com/watch?v=144-vfh1Sso)
While most other blogs out there haven't posted anything that would indicate another crash starting the week of October 23rd I still believe it's coming. Reading other sites it seems that everyone is different things next week, and the week after... but most think we won't crash again for quite awhile. Most people either see the 1074 spx low being the end of the first "major wave 1" down (others call it "intermediate wave 1"), and that we are now going up for a major wave 2 that should last for several months. So people do see one more wave down to take out the 1,000 level, but the timing of it is off... with a date out in November or something.
What I suspect now is that will continue rallying up into this coming option expiration this Friday, October 21st... and then start the sell off the following week. But, most people will think it's just a "B" wave down and will continue to "buy the dip" expecting it to turn back up for the "C" wave... which isn't coming! I also expected this rally up into the Legatus meeting to be some type of "ABC" move up, but so far we haven't had any "B" wave down! It's just a straight up "A" wave right now.... which is 100% manipulated and violates all technical charts that I can find.
At this point I'm not sure what will happen next week, as they could fool everyone and gap it down on Monday to make that "B" wave down... or gap it up and run it all week long going toward that FP level of 127.07 on the SPY. We should have started that "B" wave down last week on Tuesday or Wednesday at the latest, but the gangsters manipulated it once again and refused to let is sell off 30-40 spx points like it should have. Therefore, we can throw the charts out to some degree as they aren't allowing them to work! This period of manipulation should end after the stock market collapses completely and bottoms around 3,000-4,000 on Dow.
We will be "Free" after this coming crash is over, and only then will we be able use charts and technical analysis to actually make money fairly in this stock market. For now, I'm sticking with the fact that they still control it, and therefore will crash it after the Legatus meeting is over this coming 23rd. How far it goes down is anyone's guess as I just don't know if the good guys are gain enough control to force the "reboot" of the financial system on the "tentative" date of 11-11-11 as previously stated by Ben Fulford. I only know that I'll be short and will ride it down as far as it goes.
Personally I think we will only crash to below 1,000 SPX and above 900... then rally for several months for a major wave 2 up into early 2012. Then we'll collapse in a major wave 3 down to below the 666 low and finally bottom at the 34.65 spy FP (about 346.50 SPX). This all assumes that they the gangsters still have control of the stock market over the next 6 months... which I really don't know if they will or not? They are fighting among themselves and against the good guys in the White Dragon Society, as well as against the good aliens that are here to protect us and free us. Their days are numbered and humanity will be free soon. Hang in there as this time in history will not be repeated for 1,000's of years to come... maybe never!
I look forward to this freedom, and hope you do too...
Red 🙂
So far ES is running up overnight.This is nuts. No pull back.
I know… it’s crazy! I really just don’t know what to say at this point, as technical analysis is worthless when it’s being manipulated so heavily.
Price and time are the most powerful forces, especially on a macro level…just a thought…
Yes… so let’s hope that the “price” is the 127.07 SPY FP, and the “time” is the week starting after the end of the Legatus meeting. It’s worked in the past, and since technical analysis is worthless right now, it’s the only thing left.
I’m pretty much open to everything…including that the 127 print might be a decoy. The macro TA seems to be working, according to price-time, but the micro level stuff seems to be easily manipulated, especially the 3rd week of July, which was unexpected. Weird stuff. If it actually ramps up to 127, I might even be open to even higher highs.
And that is the “bull’s trap”… thinking that it will go higher once it hit’s the 1270 spx area. The first dip will be bought but it will keep selling off, and the bulls will keep buying on the way down… only to panic when they discover it’s not a “B” wave down but instead the start of a wave 5 down. I think a lot of traders are going to be fooled starting the week of October 23rd.
That’s what I’m thinking…I just hope they haven’t changed their plans yet again to create a headfake bull trap, then a headfake bear trap and then ramp it up again. This is too damn complicated!
LOL… believe me, there won’t be any bears left if we go up to that 127.07 print. They will all become bulls and buy the first dip. I would too, if I didn’t know about Legatus. I would be expecting the first move down to be a dip that should be bought. This next move down should give us the “capitulation” that we didn’t really see at 1074.
Yeah, that was certainly the WEAKEST fake capitulation I’d ever seen!
According to some folks on your buddy Cobra’s blog, some uber-bullish folks have become bearish at the least the beginning of the this week, which kind of makes sense because the OPX manipulators may want the market to tank early on before ramping it back up towards Friday, which would be the bull trap. I have no way to validate their track records, so I’ll be very flexible the rest of the month…
Lot’s of people expecting some selling on Monday and Tuesday… but if it’s to get up to that 1270 spx area, it won’t likely pullback much as there isn’t a lot of time left to recover from too deep of a sell off. That’s assuming they want to hit that level by Monday the 24th or so.
Well, the G-20 just gave the EU 1 week to solve all their problems. Perfect timing.
Interesting timing on the EU… LOL
Odd things happening.
Totally Gratuitous Free Commodity newsletter BPT and Snorg Chicks
http://oahutrading.blogspot.com/
Arthur and I nailed the top at 5am. And went in hard. Very pleased. Not saying its THE top, but it was a nice intermediate one anyways. Going back to bed.
Looking for a five to seven point SPX retracement towards the recent high and I am going to nail it again. If and when it comes.
I’m looking for about 120.46 spy as the bottom area for today.
If we can continue to make lower lows until about 11:30 am est, then we will have very high odds that today will be a “trend day”… in this case, down.
I think the bottom is in now gang… bummer.
We have a 123.03 SPY 8:00 am FP… which is the likely upside target.
ES Hour chart analysis: http://niftychartsandpatterns.blogspot.com/2011/10/es-hour-near-100-sma.html
Looks like we are in “B” down right now, with “A” up being from the low of 1208 to the 1213 spx high. This is valid as long as we don’t put in a lower low then the 1208 low today. If not, then expect “C” up into the close
Look’s like it didn’t hold as we have now made a lower low. We could be having a “Trend Down Day” now?
Interesting… http://www.youtube.com/watch?feature=player_embedded&v=6Q7HmhaUDr4 Interesting how date is on December the 7th, the same as the countdown the Illuminati.org website, and the date of my Wilshire 5000 FP from last year, showing a 4,000 point drop https://reddragonleo.com/media/2010/05/wilshire-misprint.png
Price time baby, woo-hoo! Gann is the Man!
Wondering if they are going to fill that gap at 117 in SPY before pushing Wave C.These wave B’s can be deep or shallow
Wedgie drum roll…
And it’s a decisive break to the downside!
Nice timing…
http://greece.greekreporter.com/2011/10/10/euro-zone-summit-delayed-until-october-23/
Nice
And IBM misses revs and tanks! SHANKED after hours. Great earnings season so far!
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/10/s-500-analysis-after-closing-bell_18.html
good stuff San 🙂
Thanks Anna
So many rituals this weekend for the NFL games at least, I would need the a library the size of one of the Seventh Wonders of the World, Ancient Alexandria to document them all.
First all of the rituals seemed to flowing heavily in the Green Bay Game. Only later was I to find out that the Packers were playing in their 1929 replica jerseys, 1929 the year of their first championship. So it becomes obvious why the Packers were destined to win the SuperBowl this year. Clay Matthews #52 (7) with the relentless pressure on the Rams QB Bradford #8. Rams rookie receiver Salas #87—making 8 catches for 77 yards while Superbowl hero Packers reciever #87 making a 93 yard td reception and going 2-104. Several shots of Rams #77 lining up with #87 or #8 or #88. A sideline shot of the 3 packers receivers who scored touchdowns: #80,#89,#87 (in that order, can’t really decipher the meaning of that one but understand the basic principle behind it)
The Raiders game featured another 9-11 ritual when their fabled 9-11 kicker-holder tandem faked a field goal with #9 throwing a TD pass to Boss #87 on 4th and xxx. Raiders game ending in an interesting score (start of crash to end of crash). Of course, the Raiders infamous longtime owner passed away last week and the broadcasts have shown his lifetime line alongside his name: 1921-2011. A certain number seems to be featured in a lot of scores during this weekends games.
CBS Sports showing Revis blowing by Fasono #80 during an interception return in tonight’s game over on their main page.
So so much more. I was even able to take notes.
Get ready for some Tebowmania next week. The golden boy is central to the ritual although I don’t completely understand why. Denver just traded their star receiver so Tebow’s main receiver will be #87. Can’t wait to see the rituals unfold in that Denver-Miami game. Of course, the sports networks should hype that game beyond belief as it approaches. Miami of course featured prominently in Bradley’s ode to the 4-29-92 ritual. (co-title of the song in fact even though the events don’t even take place in Miami)
ES Hour chart analysis: http://niftychartsandpatterns.blogspot.com/2011/10/es-hour-chart-analysis_18.html
yes! a nice head and shoulders if the bears can’t bite down.. ty 😉
btw love to have your work on hotoptionbabe.com as well
Thanks Anna. I will share the links there
🙂 thank you the hobsta’s will love your charting
Red, Anna and San, what is the deal of placing a chart from say San’s site on your own website? What do you have to do, to give credit? What is legal? What is moral? What is usually done?
And tricky outlook today, haven’t consulted Arthur,but I am tempted to let the market go up on a small c and hope for a bigger fall. As we all know it could be that B is over. let me consult Arthur and see.
Just click on the “like” button for any of San’s comments showing that you liked his chart. That’s what most people do when they like someone’s comment.
Hey Wash, it just shows his work and it’s fine to do 🙂
Gold Chart: http://niftychartsandpatterns.blogspot.com/2011/10/gold-bearish-price-action.html
The 119.07-119.14 spy area has good support from previous afterhours and premarket hits. I think that could be the bottom? I’m expecting today to put in the low for this week and to rally the rest of the week and into our Legatus turn date next Monday the 24th.
If all goes as planned, they will take out the stops setting above the 1230 spx peak on 8/30, 1220 peak on 9/20, and 1224 on 10/17 by Monday of next week… and then crash! I don’t know if they will make it up to the 1270 area (based on the 127.07 spy FP) or not, but as long as they clear out those stops first, it will allow for a bigger fall afterwards. My target date to go 100% short is Monday the 24th (possibly as late as the 26th, but I doubt it).
New FP of 120.17 spy…. probably the “B” wave down today, assuming the move off the bottom today, to the current high, is the “A” wave up.
MSFT Triangle pattern: http://niftychartsandpatterns.blogspot.com/2011/10/microsoft-near-resistance-line.html
S&P
High: 1230
LOw: 1187-A
Now: 1203-B
C: 1176, 1160, 1133
I think once we rollover it will go in 5 waves down, not 3 as an ABC wave is.
AlternativelyLow: 1068High: 1230-ANow (LOw): 1187-BC: 1287, 1349, 1449
Show your support and pass this around… another hero.
http://beforeitsnews.com/story/1243/509/NL/Marine_Sergeant_Stands_Up_to_NYPD_to_Protect_Wall_Street_Protesters.html
The head and shoulders pattern forming says to go short now, but I don’t believe it. Too obvious too me. If we are going to crash hard next week after the Legatus meeting and the EU vote, we need to clear out the stops above 1230 first. Just my opinion of course. (short 5 minute update)… http://screencast.com/t/xbpFcXUW
Way to go Shirlock Holmes! In respect to the fake out.
I’m thinking like a gangster now (but of course I’ll never be one). This is all staged, along with the news out now that they are going to “save Europe” with another quick fix, that will of course be reversed after the October 23rd meeting… hence it will allow the market to crash with NO bears on board (as they are clearing out the stops overhead just as I expected).
This is great…FT / Guardian again sending out a market manipulation story at the last hour!
Edit: New world order is steady here…european newspapers already coordinating with the Fed to criminally manipulate the market.
I hope you didn’t get caught short ACP… I tried to warn everyone.
I’m short from last Friday & not stopped out.
is this the same “Guardian” that reported the 2 trillion bailout?
http://www.guardian.co.uk/science/2011/aug/18/aliens-destroy-humanity-protect-civilisations
LOL… now that’s funny!
Yes, exactly.
With those web bots clearing out the shorts at these higher levels, I suspect we may get some kind of down draft tomorrow morning. Especially if Apple figures are not positive.
Could be? I’m not sure about tomorrow? I only know that I’ll be shorting either this Friday or Monday morning on the 24th.
Big miss on AAPL. SPY started selling off 3 seconds before results came out on CNBC.
One more down draft in the markets before we rip higher.
My thoughts exactly, which is why they pushed this market from oversold to overbought in 1 session.
Spain just got downgraded by Moody’s, which means the Fed will be buying more euros in the coming days.
Rebuilt short. If it bounces I’ll be doing the same thing, selling 1/2 and holding the other. Won’t go long unless there is decisive break.
S&P 500 Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/10/s-500-analysis-after-closing-bell_19.html
Federal Reserve now backstopping $75 trillion in derivatives on the DEPOSITOR side of B of A. JP Morgan doing the same with $79 trillion. US taxpayers are now on the hook for at least $154 trillion, and when the other banks follow suit, much more. Yup, I’ll be buying precious metals on the dip:
http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html
That is my thought also, to buy precious metals after the Huge correction in the Major Markets.
Hopefully we see that FP of $ 900 plus in gold.
I think AAPL will be on a downtrend at least thru EOW so the criminals can steal the premium out of the calls. Whether or not this ACTUALLY happens is very problematic for the rest of the market. What a monkey wrench.
the QQQ as a result of the 4% miss has about zero chance of making a new high.
they’ll have to keep AAPL down, in order for the QQQ to correct.
i don’t have a time frame on when the QQQ will pullback.
if earnings continue on their current path, they will retest 50 again.
This ramp up is looking more and more like a massive headfake.
Get food and water and build a cellar. All I can say. But make the cellar a priority.
I do not agree with you at all. Yes, we are going to go thru adjustment period in our every day life. We create our own reality. We should all have extra food on hand.As for the cellar, that may be going a little to far.
Canada is facing MUCH more than the US ever will. And that I know.
With all due respect, I beg to differ with you on that point.
All the best.
Washboard…come on you know better than to make doom like predictions on Red’s site and not back it up with links or even why! It sounds like something that is posted over at GLP. Throw us a bone here and at least give some rationale 🙂 !
Why is anyone posting conspiracy stuff like on my site… you know that’s all just nonsense! Take the Blue Pill like I did (ROFLMAO).
Well the Fed gangstas and their syndicate did force BofA to buy the crook company of the decade Countrywide. Now I gotta pray that the conspiracy rumors are true and that the Vatican secretly owns BA and won’t let it fail. They did bounce the CEO and replace him with an Irish guy.
During this great panic phase, I am going to have to worry about all of these financial institutions and all the ones I deal with are tainted (for the most part they all are).
The girl playing the Girl with the Dragon Tattoo, in David Fincher’s upcoming version, Rooney Mara is the grand-daughter of a deceased Legatus member. She is actually the scion of two NFL blue blood families, the Rooneys and Maras (Steelers and Giants). Interesting she dropped her real first name Patricia for her acting career and kept the family names. I had a sneaking suspicion so I looked it up and confirmed it.
this XOM short chart should scare any bull out of the market.
my trading record on XOM the past 5 years—
55 WINS, NO LOSSES.
well maybe one or 2 stop outs. maybe 4 or 5.
but no more than 5—-
http://zstock7.com/?p=5735
i thought the DIA could reach 119, but when AAPL missed, i’m not so sure anymore.
http://zstock7.com/wp-content/uploads/2011/10/DIA-10-171.jpg
if you haven’t been by my site—u can still get into this short. it hasn’t activated as of today.
INTC which is up 4% in AH, may help BRCM get into my short sell area.
http://zstock7.com/wp-content/uploads/2011/10/brcm-10-16aa.jpg
ES Near range top: http://niftychartsandpatterns.blogspot.com/2011/10/es-near-range-top.html
As expected, the Fed PUMPs the euro after Spain downgrade. PUMP it Bernank!
You know they have too support it until they can get all their stolen money laundered through the Vatican Bank by this weekend. Pump it Bernanke, pump it! I want a better spot to get short at!
Yeah no kidding!
I think they are going to just chop around all day today until they reset the overbought short term charts. Then I expect them to continue to rally tomorrow and Friday.
I hope you are right. It would not surprise me if we get one more good down draft in the markets before they finish off the bears.
I think they have some bears trapped from the H&S pattern yesterday, and aren’t going to let them out. Plus, they pierced the overhead resistance yesterday too, and they aren’t likely to fall back too low, as they will make another attempt at going through it.
So much for chopping, just a continuous ramp job. I guess when you have the ability to create money out of thin air, there’s no need to fade anything. Like having a car with a built in oil well & refinery.
Crude oil resistance levels: http://niftychartsandpatterns.blogspot.com/2011/10/crude-oil-resistance-levels.html
The 21st has a “6”, meaning 6 different things are converging on that date, making it a powerful turn date… http://spiraldates.com/?category_name=spiraldate-score-charts
Then Legatus on Sunday the 23rd and the New Moon on the 26th… I’d say we will top by this Friday or next Monday for sure.
Here’s a quick 5 minute update gang…
http://screencast.com/t/BHuj8A1uSo
No daily pre-ramp-up divergence yet. Odd.
Oh OK. Now I see why. Bwahahahaha!
Volume on the SPY is very light… they won’t likely let this sell off too far. I suspect they will go down some more tomorrow morning and then rally back up the rest of the day after working of the overbought short term conditions and getting them oversold instead. My downside target is around 1200 spx.
Very surprised to see the markets wobbly today. My thought sometimes is that the really big money uses yesterdays news to trade. I get the WSJ everyday, but of course it is printed last night. Front page, “Traders Warn of Market Cracks”, which goes on to speak of the lack of liquidity in the market which causes spreads of up to .05 percent on many highly traded stocks. My projection is that we are looking at another Aug. 4 or so next week just due to the lack of money in the market and has Red has pointed out the gangster pull the rug out from under your feet trick. I can only suspect, but I would not be surprised if one of the last resort straws is going for the 401K, loosening regulations and allowing individuals to invest in stocks directly, which would add a more liquid, though it would not be pretty at first.
Makes sense Jimmy… I know the gangsters are trying to get everyone and their brother into the stock market. They want to lose peoples’ Social Security money in it too… they are the biggest bunch of crooks on the planet.
The big boys, are just giving the bears a bone here to get them excited. Than they are going to rip this market up higher.
Yep… the low will probably be around 1200 spx tomorrow morning, and then they will rally up and clear out all those bears’ stops once and for all.
With NEW HIGHS !
Yes… absolutely! Depending on how many bear stops are sitting above that 1230 spx area will determine how high it goes. But, we could easily expect 20 points above there on stop covering. I’d say 1250 is a given, but we could go up to the 1270 (about the 127.07 spy FP level), as you just don’t know how big the squeeze will be?
Anyone going to see the new movie out this coming weekend called “Margin Call”? I wonder what it’s about? (LOL)
I defiantly am going. I want to see the preview of the real market crash.
LOL… We will probably see some ritual codes in it. Geecko should go too, and see what he can figure out… in case one of us misses something.
If my Lear Jet was not in for repairs, I would come pick you up Red and see it to geather. LOL
I can come get you in my Ford Pinto…
Thanks Red, I wait until my lear jet is out of the garage. Save you the trip. LOL
If you have problems with the Pinto, let me know I will bring my Yugo
Does that mean you’re not one of the 1% like all the rest of us Illuminati billionaires?
It’s about what’s gonna happen Monday. BWAHAHAHAHAAAA!
Man, the AH prints are sad today.
You know, it seems almost like we’re entering flash-crash territory. Just an odd feeling.
Copper is tanking even farther, which is bad for other asset classes:
http://www.zerohedge.com/news/doctor-needs-priest-stat
I’m looking at GC & SI, which are tanking also. If this continues, this will be both a short selling and buy the dip op. Insanity.
We all expected a correction, before the ramp up. They want to slay the rest of the bears, before they dump the market. Hopefully a good size correction tomorrow, than ride it up with the big boys to the 1250-1260 level. Than like a roller coaster, ride it down for one hell of a ride.
The only concern I have is, everyone seems to be waiting for a correction to the 1150-1175 level. So perhaps as Red says, it maybe just a shallow correction than ramp it up.
We shall see.
Or what absolutely no one is expecting, which is a flat out no holds barred drop to 1040. Not expecting it, but keeping that in mind…
I would expect that scenario to play out next week or the following week. Just due to OP week this week.
One of these mornings, when we wake up. The sps are going to be limit down. I suspect within the next 3 to 7 trading days we may witness history unfolding.
Possibly. What people are missing about this whole situation is that if the Europeans start printing money like they say they will, the euro will fall like a rock vs the dollar. Gotta keep your eyes on the obvious……
Edit: This is a “live for the now” market; what happened yesterday has absolutely no bearing on what happens today.
Yes you are correct. I watch the US/Euro dollar like a hawk.
Bottom line is. Expect the unexpected.
How about tomorrow?
i like reading the blog red—interesting material…
one of these IYR companies is still too undervalued, which makes me
think i have to wait for the SRS quad bottom, before buying puts on
IYR—-and calls on SRS…
here’s what i came up with. you should,
like it. and i think its easy to understand, the way i lay it out.
http://zstock7.com/?p=5739
this situation gives credence to another situation. the QQQ might trade in a 57-58 price channel, until sector rotation is finished.
i have enough proof in earnings, that qqq will unlikely, strong opinion, reach any new yearly high.
so compromise—58 is good.
my signals are sizzling on short sll areas…
i posted XOM earlier. mad a few dollars off this trade today.
it will probably keep repeating.
that’s the nature of high consolidation price channels.
take profits at 1.5 or 2%, and then wait to get in again at the previous high.
https://reddragonleo.com/2011/10/16/lindsey-williams-was-told-that-stock-market-crash-will-happen-in-2012-but-david-wilcock-and-ben-fulford-have-other-info/#comment-338936128
MON is a good example of high consolidation stable price channel.
Refresh page for new video update…
SPY Daily chart analysis: http://niftychartsandpatterns.blogspot.com/2011/10/spy-daily-chart-analysis.html
Unreal. How many times is the Bernank going to ramp the euro up almost 2c overnight? Just a straight up wealth transfer from the Fed to the criminals.
They are gangsters after all… LOL
If I didn’t have to sleep, I would be playing that game to the tune of 2% profit every night…
Man, they’re really ramping up the transports. I hope this is just an exhaustion move with the euro pumping.
Final weekly ramp-up might have to wait until tomorrow because T, AXP, EBAY may have big redemptions today, unless the criminals have enough money to jam these pigs up later today.
I still think they will rally this tomorrow and possibly Monday… before finally crashing this.
Just booked partial profits again.
Short 5 minute update… http://screencast.com/t/upfdA705dIl
Nice timing on the video Red ! Market went up as you said.
Thanks… it’s a little bit of luck along with reading the charts like the gangsters see them. LOL
They (the gangsters manipulating this market) are lining all the short term chart up together for a “gap up” tomorrow morning above the resistance zone of 1220-1230 spx. While I don’t know if that’s what they plan to do or not, the charts will support it by the end of the day.
Red
Do you wait for 1260-1270 again?
I’m just waiting for the charts all to align up together pointing down. What level the spx is at isn’t really important. But, if it does hit the 127.07 spy FP and the charts all look very overbought together, then “yes” I’ll be going short. I will post it when I do. Everything has to line up together, with the charts, ritual dates, market sentiment, etc…
“I will post it when I do”
tnxi will wait it ))
Well, the short term charts are all mixed now. I’m not sure about tomorrow. I’d just as well throw a coin up and pick a direction. So, I give it 50/50 odds… LOL!
Whatever they do tomorrow, you know they’re going to be throwing in a monkey wrench for Monday. I’m just going to be patient because upside is now severely limited.
get ready to rumble!!!!!
look at ABX and AU, when their double bottom confirm, that will tell me
exactly what “time” to LOAD UP ON GOLD stock longs—any miners…
very very high probability these 2 double bottom supports are IT!!!
go long GLD too!!!!
pretty simple market to trade—
go long at qqq 57
go short qqq 58…
trying to over think this, will get you killed!!!
Big volume FPs AH for Qs. Huge volume, in fact.
We had a small-med earthquake in my neck of the woods today, which reminds me that we haven’t had any artificial disasters lately. Any news Red?
http://sincedutch.wordpress.com/
Texas 4.7 Magnitude earthquake = Man Made-Epicenter at fracking well
Oh yeah, that’s definitely man-made, but I was thinking more along the lines of a disaster for disaster’s sake, engineered by certain people……
Keep an eye on this guys site. He looks into this kind of stuff.
http://www.reuters.com/article/2011/10/20/us-eurozone-idUSTRE79I0IC20111020The final decisions in Europe won’t be release on Sunday but on wednesday
Desperate attempts to avoid the inevitable “sell the news”…
http://www.reuters.com/article/2011/10/20/us-eurozone-idUSTRE79I0IC20111020
Thank you for the update. that delay caught me off guard.
Well, that is a nice surprise. Futures way up first thing in the morning.
Now if Mr Market can give me my 1250-1260 sp 500 to finally short. I will be very happy.
Any Fp this morning?
Ah, the last gasps…
http://www.zerohedge.com/news/its-baaack-ft-deutschland-pronounces-deutsche-marks-return-sets-eurdem-exchange-rate-195
Good morning gang…
Since the EU Debt vote is delayed, (They still have the Sunday Meeting, but they scheduled a 2nd meeting for Wednesday or earlier) I won’t be going short today. I’ll wait until next Monday-Wednesday for the vote. Here’s the thing though… the vote “could” be announced early, as in “before Wednesday”.
So, let’s just focus on getting short when the charts all line up overbought… whether that is Monday, Tuesday, or Wednesday. Then we will let them make the announcement by Wednesday and see what happens. I still see a crash coming..
Also, we have an 8:00 am FP on the SPY of 121.83, which could be the close for the day?
I am only 130 points a way from my original target of 11,887 dow. If it hits, I will NOT wait until Monday.
A lot of bears sure got a rude awakening this morning. If it heads up further, a lot them are going back to their caves for good. That will be the time to get 100% short.
You could be right on that PW… I will reconsider if it goes up that high.
Adding to shorts. Friday before an event, as well as a FAT divergence on 3 min charts, yup, it’s well worth it.
Well, they are squeezing out the bears by taking out the stops between the 1230-1250 spx area as I expected. We will be free to crash next week.
The crash will probably start on Tuesday, maybe Wednesday? I expect them to make the announcement on the EU Debt Meeting early when no one is paying attention.
I am scaling in some single etfs shorts here. If the market goes up here or next week I will buy the 2x and 3x etfs. I am not going to miss this opportunity at these levels, even if I am a little early with the single etfs singles
I say we close near the before market FP of 121.84 on SPY.
Place your bets in the NYSE Casino!
Here’s an important 5 minute video update… http://screencast.com/t/YvPcikzQngG
Dow Future made high of 11708 on 01/09/2011 and today at the same high.
I think you typed the wrong date, as that appears to be a Sunday?
The market is making a bull flag now, while the 5 and 15 minute charts work off the overbought conditions and reset. I expect a push higher into the close today.
Red, just get the dow up to the 11887 level. I will slip you a $ 100.00 if you can pull that off for me. I wont tell any body. LOL
You got it… look for it Monday morning!
Is this a bull trap?
The situation seems similar to what happened with PM a few weeks ago that I got caught up in the up draft, then in a matter of a few days they fell prospectively. Also could be a wall of worry updraft. Anyway, I hate to sit on the sidelines more, but no harm in waiting it out another week.
Monday is the best day to get short in my opinion Simon. Watch this 5 minute video I did…
http://screencast.com/t/YvPcikzQngG
Assuming this bull flag plays out at the close today, and we end the day close to the highs, then I still expect that “spinning top” or “doji” candle on Monday. They will likely open it higher and then fade off the rest of the day. I don’t expect a big down day, but I do expect the high to be put in on that day.
http://www.youtube.com/watch?v=JlSQAZEp3PAA short little video 40 seconds long This video will sum up the financial markets shortly
LOL… “Major Kong”! How about putting Bernanke on that bomb! Too Funny!
New day low on SPY.
Yes, but don’t be surprised when they run this back up into the close today and/or Monday morning. It’s too easy to allow the bears on board right now. They will squeeze them out Monday.
totally disagree 🙂 they got you fooled but that’s what makes a market weeeeeeeeee
Yup, it’s so much work keeping track of the trickery and deception……
I know Acped … the bs opx shenanigans and Apple down come on I hate these thugs!
By the way, that last 5 minutes was totally manipulated. All the short term charts were pointing down into the close and we should have dropped to pin at 123 spy, but they pushed it up to steal the sheeps’ money and pinned it at 124 instead. It’s almost impossible to figure out on an “option expiration” Friday.
I was actually going to post that I thought we would drop to pin at 123 spy into the close, but they rallied it so fast that I didn’t have a chance to post that comment. Of course I would have been wrong on it, as they cheated and rallied instead.
Moving on… I’m looking forward to crashing next week 🙂
Yeah, or at least a sizeable pullback.
The 5 and 15 minute chart is starting to turn. It shouldn’t be long now before they rally this back up into the close. I’d say it should start around 2pm est, or shortly thereafter. If you’re a bear, this would be a good exit point. The volume on the SPY is low (just under 150 million right now) and should make it easy for them to turn it back up to squeeze out the retail bears. Be careful here…
Only 17 dow points more to make new highs for the day
You will likely get it into the close today, and you’ll also likely get your 11,877 on Monday.
We got it, new highs on the dow. Sp 500 lagging. Should be a interesting close.
If they close at the highs today, the odd’s are very low of them gapping down and crashing on Monday. There is high odds of them opening and then making a slightly higher high, then closing the day flat with a doji.
I will play the odds and wait until Monday to get short. I don’t want the time decay over the weekend on options bought today. Of course if you are buying ETF’s then you don’t have too worry about that decay, and get some shorts today. Just be prepared for a final push higher (slightly) before falling.
he is usually very good!
http://alphahorn.wordpress.com/big-picture-count/
What does Alphahorn say right now Lulala? Is he bearish for next week like I am, and expecting a crash? He was the one who caught the FP on the Flash Crash the night before it happened. Tell him to keep his eyes open for more print this coming week, as they will likely tell their buddies where the low is again. (Of course, please tell me if he sees something)
RDL, here is what Alpha just said today:
“Here’s a potential new count that I’m watching very closely, that hasn’t
appeared anywhere else. The correction could be on its last leg and
wave [C] down to below 1000 could begin soon:”
and his bull/bear long term signal trigger the bear signal in August, he locked that article already, but here is a google cache link to that article
http://webcache.googleusercontent.com/search?q=cache:gkjxGPmb_bgJ:alphahorn.wordpress.com/2011/08/14/alphahorn-bull-marketbear-market-proprietary-indicator/+alphahorn+Bull+Market/Bear+Market+Indicator&cd=3&hl=en&ct=clnk&gl=us&client=firefox-a
Thanks…
I also believe we will breakdown slightly pass the 1,000 spx level.
On his last article today, he seems to be bullish.
Monday should be the last chance to get short 🙂
Yes , you r right.
Thanks
That would also complete the messy M-A pattern.
Funny as hell, gangs are turning to financial crimes because they know they can get away with it now:
http://finance.yahoo.com/news/Gangs-growing-turning-to-rb-972987749.html?x=0
He is saying this could be a major wave THREE up. So he isn’t too comforting for a bear. Lol. And he isn’t all that good, I used to follow him, he was never very accurate with his Elliott Waving. His trading looks pretty good though, which is important for him and his family.
S&P 500 Weekend update: http://niftychartsandpatterns.blogspot.com/2011/10/s-500-weekend-update_22.html
i’d bet higher prices ahead. 1250 to 1270. be that as it may, no position . had a cross of 19 39 ema which has foretold market for a few years now for direction
http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=5&dy=0&id=p80046474900
1270 might be a stretch. I have been saying 11887 on the dow for two weeks. In terms of the sp, probably no more than 1155. But we shall see soon enough.
Attila must be pulling his hair out.
Red, I will be in the Philippines for a spiritual retreat as of Sunday. Internet is hit and miss their. I will e mail you a message, later today before I leave.
All the best.
Next week, the worst of the worst stocks,
( the ones that are in the most trouble)
report earnings, and in droves…
I expect the market to pull back.
check out this list….
http://zstock7.com/
lotion boy, found a really good microphonists, musician. he does music on the microphone.
http://theslipperyslopeinvestor.blogspot.com/2011/10/from-police-academy-famemichael-winslow.html#comments
New post…
https://reddragonleo.com/2011/10/23/from-david-wilcock-to-ben-fulford-and-lindsey-williams-as-well-as-the-margin-call-movie-the-end-of-mayan-calendar-and-11-11-11-the-next-stock-market-crash-is-here
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