Weekend Update – Train, Train…

Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=qzA4rrFhUSk)

I ran out of time at the end, but the MA pattern that I was speaking of is just forming.  To complete it we would need a small rally in the morning (maybe 50% retrace?), with another sell off into the close.  It should break the lower portion of the M (1223 spx) and drop an equal (or more) distance from that lower portion to the peak of the M at 1235 spx.  That's at least a 12 point drop (1235 minus 1223) from the 1223 area, which would be at least a move down to 1211.  Since 1211 isn't any major support area we can expect it to continue down to the next major support line of about 1200 spx.

Red

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Monday Update...

(to watch on youtube: http://www.youtube.com/watch?v=F4KvDkz-QU8)

Here's the link to Ben Fulford, with David Wilcock and Cliff High comments...

http://funfactory.spruz.com/member/?act=5D2C4B6A-9BC6-42A5-AAB0-824499B797C2-view&id=B38A46B0-A14E-4728-BF62-A0AB24E40741&g=5D2C4B6A-9BC6-42A5-AAB0-824499B797C2

Red

P.S. I did the video last night, and this morning I see the futures up again.  Surprise, surprise!  Not looking to likely now to end the day down.  I guess 1200 for brief correction is off the table now.  Gangsters!

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Just keeps on coming...

This rally over the last 3 days was nothing more then a 100% manipulated bear squeeze designed to steal your money.  While I have no doubt that we will eventually hit the 11,800 dow area before Primary wave 3 down starts, I do see a move down coming next week.

How deep is unknown?  But since the market has shot up so quickly, hitting a double top within just a few points, the odds favor a pullback early next week.  Rarely does the market pierce through such a significant double top, without a least a few days pullback.

I expect more then just a few days, but at the minimum we should go back and retest the 1200 area, if not the 1173 level.  I know we are going into the Christmas season, and the volume in the market will be light.  This is exactly the right time period for the gangsters to sell off the market, as they can control how deep they want it to go.

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

While I don't know if they are going to crash it, as the Wilshire FP could be indicating (as well as the 1206 train), it would certainly be a big surprise to most traders, and would catch most bears off guard and out of any short positions.

You have to admit that everything this year has been the opposite of what we all expected.  Everyone was looking for a really bad September, and for a crash in October.  Instead, October was one of the best months in many, many years... fooling all the bears, including myself.

Then November was supposed to be bullish, yet the month ended down with a few bearish topping candle pattern.  Now this month is supposed to be bullish too, as most traders are away for the holiday's allowing the light volume to float the market higher.

I should also mention that it's usually the government manipulating it higher during this light volume period, as it doesn't take as much monopoly money to float it up.  But what if they pulled the money out of the market and let if fall?  This would shock everyone, as we know how they like to pump it up on Friday's so everyone will shop over the weekend, because they feel good about the markets' weekly closing price.

Well, the holiday seasons are just as important to their game of manipulation.  They should be floating the market higher every week until the end of the year and the holidays are over with.  This would keep the sheep shopping and spending the monopoly money they don't have.

But...

By doing the opposite and allowing the market to sell off some in December they could control the depth of it easier and then stage a rally next year in January when everyone is expecting it to tank.  I'm just thinking outside of a sheep's mind right now, and trying to think like the wolves.

They are always fooling us with every manipulation of the market, and a sell off between now and the end of the year would have the bears salivating at the mouth, with the January/February months coming up next.  The bears would be diving in with all four feet expecting the sell off to morph into a crash in the early months of next year.

However...

We all know that they will take this market up to the FP on the DIA of 118.16 before the real Primary wave 3 down starts.  Every other move down before that target is filled is just a correction in the Primary wave 2 up, which in my opinion will not be completed until that final FP is hit.

So, why not sell of the market during the December month when the light volume makes it easy to control?  Then manipulate the usual weekly economic reports to look really positive in the first month or two of next year, allowing the bear squeeze to take the market up to that final FP level.

If the market rallies up to that level in January or February, you can count on one hand how many bears will be left in the market.  It will be a ghost town in Polarville, as all the bear finally toss in the towel and go into hibernation.  One of the best months of the year (January, February, and/or March are bearish a lot) turned out to be a dud with no fish to eat during the famous trout run.

I guess all the trout got too fat eating polluted food floating around in the Gulf of Mexico, thanks to the gangster gangs poisoning the water with oil and chemicals that make the money, make the human workers sick, and do nothing to clean up the damage... all while simple farmers hay would have done ten times the clean up with no sickness to the people.

But we can't have that, as intentional blowing up the oil rig, killing the wildlife, poisoning the workers, and destroying the local economy was all just part the plan.  Population control, creating angry, fear and hatred is just one of many goals they achieved.

Stealing money from us sheep is of course the other.  Pitting us off against each other with staged wars and made up enemies is also another way they profit financially (by selling weapons to both sides).  Once the war is done, they then use the cheap labor locally, and in the military to rebuild the nations.

Of course when the bill comes due, and they need to pay it... they tank the market and steal the money from us sheep.  When will the next crash happen?  When we least expect it of course.

So, that leads me to speculate on the what the "Unstoppable" movie really meant... if anything at all?  What if I was looking at the wrong train?  The 1206 train would indicate that an unstoppable event would happen this Monday, December the 6th, 2010.

Of course it could be nothing, or it could be for 2011, not this year.  But, that Wilshire FP still bugs me.  Why is it the only print I have that shows up on a date that isn't the date the screenshot was taken?  The large candle print down to the 7300-7400 area is showing up on a date that over 3 months prior... looking to be around December the 6th or 7th, while the last candle on the chart was about March 5th/8th, 2010.

Very puzzling that one is?  Let's not forget all those people that are forwarding an email instructing everyone to go withdraw all your money out of your bank on December the 7th, and close your account with all the major banks.  People are told to put you money in cash or a local, smaller bank.

While I don't know how many people will do it... if any, but a bank run is what they are trying to create.  Whether or not it succeeds is unknown?  I personally doubt that very many people will do it, but it does match up with the FP and the train.

Nothing will probably happen,  but you all know me by now... I like to play the "what if" card and keep everyone sharp and not asleep at the wheel.  Just in case you forgot, we did have our "false flag attempt" back in mid November, so that forecast, while wrong in market direction, did happen.  However, the false flag attempt was stopped... therefore the market crashing never happened.

There are sources out there they state that the ICBM missile was headed for Iraq, to start WW3.  While it never reached it's target, (thank goodness for that), the "attempt" was still real.  The details of who shot it down are still unknown?  Some say it was the good Aliens, while others say it was a Chinese EMP weapon.  I don't know, but the false flag event was likely meant to happen during that time period... but failed.

And don't forget that John F. Kennedy was going to reveal to the public the "Good Aliens"... but he was assassinated by the gangsters before he could release that information.  There are good and bad aliens here on this planet, and battle is being fought behind our backs.

All I'm saying here is... keep your eyes open during this holiday season.  It's the perfect time to fool the sheep.  It won't be exactly the same as last year (like the Thanksgiving Dubai surprise), or any year, as that would be too obvious.  But, it will be a surprise never the less...

Moving on...

As for the charts, (not that they actually work), the market is up against a double top of resistance now, and shouldn't pierce through it on the first attempt.  A pullback is extremely likely... even with the gangsters manipulating the market with more funny money.

As for Monday, I expect it to close down.  I know, I know... what about "Bullish Monday", and all the POMO money that's still being injected to the market?  I still think the double top won't be broken on the first attempt.  Whether it's only to the 1200 level, or a little deeper to the 1173 level, the odds are strong for a move down early in the week.

If it continues to head down for more then a week, then it could go as low as the 1130 area before reversing back up into January to complete a wave 5 up, ending this P2 wave at our DIA FP.  I don't know if it will actually correct that low or not, but the downside targets are 1200, 1173, 1150, and 1130 spx.  Of course the upside target is still the DIA FP of 118.16, but I don't expect it to be hit until early next year.

I've been on the wrong side many times in this controlled market, and right now everything is turning bullish... hence the reason I'm still bearish.  Yes, yes, Bernanke is going to talk about another round of QE Sunday, which should rally the market higher.  I think it won't, and that it's already factored in.  Regardless of if they gap it higher Monday morning or not, I still expect Monday to sell off by the close.

But again, the charts are looking bullish... so just be careful going short, or long.  Good luck everyone.

Red

Author: Red