Tuesday Update...

(to watch on youtube: http://www.youtube.com/watch?v=c2MFa3VgjQo)

Red

_____________________________________________________________________________________

Monday update...

(to watch on youtube: http://www.youtube.com/watch?v=J4SWeYpbii4)

Not much changed today as we had another "pause" day, ending about flat.  Tomorrow should be an up day, based on the short term charts.  I'm still waiting for the upside FP to be hit, and do still expect it sometime this week.  For now though, we wait...

Red

_____________________________________________________________________________________

Well, it's least that's what a lot of people are saying...

Of course I don't know for sure, and I hope nothing bad happens, but I still believe the market will sell off hard once it hit's that final upside print of DIA 118.16 on Monday or Tuesday.

Since we didn't hit that FP on Friday, that meant too me that nothing bad would happen on Saturday November the 6th, 2010 as shown in the Simpson video from Friday's post.  That's a good thing I believe, as it means that maybe it won't be a "False Flag" event, but instead just another country defaulting, or some big bank going under.

It's hard too predict what the event will be, but once it happens the selling will be massive I believe.  While many people think I'm crazy for believing in all this stuff, all I can say is... I hope they are right.  I really don't want a nuke to go off just to make some money from the stock market crash that will follow.

It's not really about the money to me, but more about exposing the lies, corruption, and manipulation in the markets.  Sure I want to make some money on the fall, but only to help protect myself from the poverty that will follow as millions of people become homeless, jobless, and food-less.

What these people are doing, and have done to the population is truly a crime against humanity... and punishable by death in my opinion.  They are truly evil, and deserve no mercy.  They run now, like the scared rats that they are.  Over 3000 people from the White House are now gone with O-bomb-us over seas, with 34 warships to protect them.

If that doesn't smell of something wicked, I don't know what does... That's never been done before!  No president has ever take 34 warships and 3000 staff members from the White House to go on an oversea mission.  They are evacuating Washington D.C.  WHY?

What do they know that they aren't telling us?  Stock market crash or not, something is certainly up.  You don't do that unless you have advanced knowledge that something is going to happen, which begs one to wonder... how do they have advanced knowledge without being one of the ones who planned it?

The answer is simple... you don't!  George Bush knew 911 was going to happen prior to it happening as he was part of it... just like Bill Clinton was part of "it" for HAARP being used on Haiti to kill all those people.  While "Wild Colleen" is certainly "out there" on her information, aliens do exist... and they have been here for millions of years.

I don't know if all the recent presidents are Reptilian Aliens or not, but I do believe they are evil.  She has a lot of information on her site about aliens, and all the different types that are here on this planet now.  Some are good, and some are evil... just like in Star Wars and Star Trek.

Anyway, let's get back to the market now...

We all know that the charts are way overbought, but by now you should all know that the market is controlled by TPTB and they have every intention of fulfilling their evil plans.  Since they but the DIA 118.16 FP out there months ago, and are now only about 300-400 points away from filling it... my forecast is that it gets hit early next week.

What day I don't know?  Will it be on "Bullish Monday" or maybe not until Wednesday, as lot's of prior one's put in the high for the week.  My feelings are that it will be on Monday, as the 9th is Tuesday... which makes it another 911 day (11-9-2010).

Wild Colleen said that it was going to be on the 8th, which is Monday.  The Simpson video indicated it would happen on the 6th, which was wrong as Saturday has now passed safely (thank God for that).  The "webbot" that Cliff High from Half Past Human says a time period from November the 5th to November the 14th, which makes mores sense as the 14th is 777 days from the one day loss of 777 points on the Dow back in 2008.

My only thinking is that it will turn after it hits the FP... but when it hits that print is unknown.  Maybe not until later in the week, I don't know?  I just know that I will be going short with when it's hit.  I've seen this game before (back in January-February of this year), and I know how it works now.

The market hits the print and reverses in the other direction for quite awhile.  The last time it did it, it rose for the following 3 months.  Don't know about this time, as it goes down faster then it goes up.  The move down will be fast and furious I believe.

I'll be looking to exit my shorts at the next FP of Dow 8300, and go long on silver and gold... should they also crash from big institutions dumping it to pay their margin calls.  Downside FP's on gold are 939 and 935, but I've seen these FP show up for multiple days in a row, which questions their accuracy?

The 777 on the train in the movie "Unstoppable" is likely a FP for something?  It could be on gold, the spx, or a dozen other indexes, I don't know?  The train that is trying to stop the runaway is numbered 1206... which could mean December the 6th?

In the Wilshire FP I have, it shows the print on December the 7th... Pearl Harbor Day.  Lot's of rituals here folks, and the Illuminati put it all out in front of everyone too see... but few are watching.  Are you paying attention?  Yes, the rituals and the numbers are hard too figure out, but that's part of the game they play... fun isn't it?

Also keep in mind this print from several weeks ago, that showed a 106 spy at 4:15 pm.  This could be the downside target for the wave 1 down, and then a small bounce to follow, followed by a wave 3 down (to possibly  or Dow 8300 print?).  Of course the entire wave down will be part of Primary wave 3, but I'm just guessing on the smaller wave counts by using the FP's that they give us.

You know, a year ago I would have never used FP's to predict moves in the stock market.  I would have done Fibonacci levels, combined with Elliottwave, and Technical Analysis.  Today I realize that all of those charting methods only work temporarily.

They allow them to work for awhile to get more people to use them.  Then when everyone see's a certain pattern (like the giant Head and Shoulder's pattern on the daily and weekly chart that failed recently), they trick everyone by doing the opposite of what the normal outcome would be of the pattern.

I'm sure you all remember the media talking about that pattern back in late August when the Right Shoulder was completed and the market was heading down toward the neckline, and going into the month of September too.  They "gamed" the market just like I was told they would from a friend many months prior.

Now everyone and their brother is on the long boat and thinking that the worst is behind us now... especially since the Fed's can keep printing money, and adding another stimulus package like QE3, 4, 5, etc... But guess what?  The market is rigged, and the high is already known... at least to those of you reading my posts.

The high is the FP of DIA 118.16, and that's the last time we'll be up this high, until hyper-inflation kicks in, and the Dow goes to 38,000 as Mahendra claims.  At that point, gold will be 10-20 thousand dollars a ounce, so it really would be like Dow 3,800 today.

On another note, I was able to listen to about 2 hours of Cliff High's interview before it was taken down from youtube.  He see a total collapse of the dollar and the Dow at 20,000 or more.  While he didn't say what kind of event his webbot is talking about, he bought up the possibility that it could be 3 nuke's based on what he seen in the Simpson video.

Basically the clock stops with the minute hand on 11 and the hour hand on 6, but it also has 3 round spots on the hands themselves... which could indicate 3 bombs on a route that looks like Interstate 95 from Washington D.C. to Miami, Florida.  That would mean a bomb in Miami, D.C., and some 3rd location along I95.

But, Saturday has safely passed now and that speculation isn't valid anymore... thank God for that!  Of course the date could have been read wrong, and maybe it's scheduled for 11-9-2010?  I hope it's all wrong.  I will say that he was only speculating as to what the video meant, and not says that his "webbot" indicated any of that.

So, we shouldn't jump to conclusions on that show alone.  While I'm sure it does mean something, it could have been changed or stopped now, as everyone is waking up and seeing what they are planning... hence it might not happen because of that reason.

But whatever happens next week, I still believe the market will tank after the FP is hit.  It might be another country defaulting, or the Federal Reserve declaring bankruptcy?  Who knows?  Let's just hope it's not something that involves killing innocent people.

Best of luck to everyone, and let us all pray together that nothing bad happens...

Red

Wednesday update...

(to watch on youtube: http://www.youtube.com/watch?v=I3hIjgtsKbc )

I decided to do a second video update, as a gap up over the 1215-1220 area isn't looking likely right now.  More important data has been sent to me.  Please read this release by Half Past Humans, as the timeline has been moved up to November 5th (from the 8th), and extended to November 14th (was the 11th).

Also, watch the youtube video by Lindsey Williams (part 1 of 6).  Folks, too many people are all saying the same thing right now... which is that the time period we are about to go into next week will start a horrible sell off in the market, possibly caused by some "false flag" event.  It will likely be 10-1000 times greater then the 911 event, and the "Tipping Point" is November 14th!

(to watch on youtube: http://www.youtube.com/watch?v=-U9GGpReZLM)

From all the evidence I put up on my weekend post, and all this new evidence... from different sources, something bad is coming I do believe.  Just be very careful, as if it does happen, then stocking up on 6 months of food and water might be a good idea after all.

Red

_____________________________________________________________________________________

The day the market has been waiting on is less the 24 hours away now.  What will happen?  Will the market start a new rally and go up another 600 point on the Dow and hit our DIA 118.16 FP?  Or is that print for next year, and instead the market rolls over into a nice correction/crash?

With the market so close to that upside FP, I wish it would just go up there and get it over with, as I like to start heading down toward the other FP at Dow 8300 before I grow old and die waiting.  I honestly don't know what is going to play out?  It really does depend on how much the QE2 is?

(to watch on youtube: http://www.youtube.com/watch?v=lF_gFv3cvFc)

If they promise way more then the market expects, a rally from hell could squeeze every last bear out of existence.  So expect the "unexpected"... meaning that if everyone is looking for a huge sell off, then maybe we just keep on heading north and fool the sheep again.

While everything I see, hear, and read points to at least a correction, if not a crash... that might not come until that upside FP is hit?  That means we could rally tomorrow, Thursday and Friday... and if they squeeze hard, I think they can hit it by Monday.

Of course that's really asking for a miracle for the bulls, as blasting past that double top resistance at 1215 isn't likely something that can be done on the first attempt.  Many days of consolidation are usually needed, before a successful pierce of the resistance line.

Lot at how long we have been hammer away at the current resistance range of 1185-1195... 7 days now!  While we'll likely breakout of it tomorrow, running through 1215 in one day is extremely unlikely.  Which means that we should at least see a nice pullback before attempting to breakthrough it again.

Now, I personally still think that we are going to have a big correction (50-100 points) next week.  While I'm hoping that we don't get another false flag event, if we do... the you can throw "correction" out the door and get used too the word "crash" again!

I had the chance to listen to the entire 2 hour audio called "The Waterman Files" that Pzy5t0 emailed me.  It's one scary broadcast, and should be listened too... before this week is over!  If you haven't done so already, you need to make it a priority and listen too it asap.  (To download it and use RealPlayer or Windows Media Player to listen, just "right click and save as" this link: https://reddragonleo.com/ArgusoogRadio-20101029-TheWatermanFiles.mp3)

Also, in the video I talk about Ben Fulford and David Wilcock.  The link to that article is here: http://projectavalon.net/forum4/showthread.php?7635-Ben-Fulford-Blogs-David...&s=9184d0534376f0d6e860a578952ae62f

Ok, as for tomorrow, Fed days are almost always bullish... but the day after is another story.  Trying to figure out which direction the market will break to first is about as easy to do as calling heads or tail, so you might just wait until the close at 4 pm to go short (assuming we rally up to hit a double top at 1215 area?).

Of course this could be the one time the market just sells off on the news and never looks back?  Hard too say?  But that audio broadcast speaks of the November 8th-11th as a pivot point of major importance.  Could we have a false flag over the weekend while all the sheep are stuck long after a surprise "more then expected" QE2 short squeeze rally?

It's very possible, so be very careful tomorrow as there should be at least one more bear squeeze before this week is over.  And since tomorrow is the QE2 day, with jobs data out on Thursday and Friday, I'd expect the high to be put in tomorrow.

There is also the FP of 1160 spx that Anna caught after the bell today.  That could be the target for Thursday or Friday?  A move up to around the 1215 level, and then back down to 1160 by Friday could easily happen.  At that point I'm not sure, as I'd need to see the damage done on the charts.

It's all just speculation at this point.  I'd just listen to that audio if I were you... and pray they are wrong!

Red

No, but the FOMC meeting likely could...

(to watch on youtube: http://www.youtube.com/watch?v=bbXFJHaGB1o)

Yes, the market will just be in a "wait and see" mode until 2:15 pm on Wednesday as the Fed's will probably release the amount of new stimulus (Quantitative Easing... aka QE2) that they will inject into the market over the coming months(notice I didn't say "economy"?  ...that's because the money will never make it to the unemployed American, but will instead end up in some Banksters pocket on Wallstreet).

You know, I never thought they could actually keep this market up all the way until the elections.... but they did!  Absolutely amazing!  I thought many times that it would sell off first, as traders take profit before the unknown outcome on November 2nd.

You never can tell what the gangsters have planned, as even though I thought the market will sell off some in front of the elections, and crash afterwards... even that could be wrong?  I don't know for sure about anything anymore.  While the odds clearly favor a sell off of some kind (correction/crash?), these guys have been defying the odds for quite awhile now.

The charts are still useful of course, but the ability for them to be manipulated and held back from rolling over is truly an incredible feat they pulled off.  Last week produced 5 days of doji candles on the daily charts... something of a rarity in of itself... in my opinion.  While I don't know how many times that has happened in the past 100 years, I'd bet I could count the times with my fingers.

It's almost as if God was holding the market up, and not allowing it to sell off until after the election this coming week.  But wait... it was God!  Remember, Goldman Sachs is doing "God's work" (aka, robbing from the middle classed and poor to give to the rich and evil... where's Robin Hood when you need him?).

The market last week was enough to make both bulls and bears alike... "sick too death".  When is enough... "enough"?  There probably isn't any retail traders left in this market as it's clearly driven by computer bots trading against each other... with our money of course.

If it seems like I'm bitching or just rambling on... you're right, I am!  No one can make money in this kind of crappy market, except maybe the day traders... and only the really good one's at that.  This has too be the most hated rally ever on Wallstreet, as it's completely 100% FAKE!

No really earnings, No real job's, No real anything but lies!

Not that I really want a huge crash to happen, as that would hurt a lot of people.  I just want a market that can be fairly traded... both short and long.  A market that follows some type of reasonable charting patterns and actual "real" data (not made up lies)... which I'll likely never see in my lifetime, so I guess I'm just dreaming here.

Moving on...

It seems that Friday after the market closed there was a reported terrorist attack that was stopped.  How convenient of the terrorists to wait until market is ready to crash to try and attack us.  That's really nice of them to do... (ROFLMAO here)!  Yes folks, it's another "False Flag" that the gangsters are staging so they can blame the coming crash on it.  (By the way, I mentioned Yeman back in February of this year.  Maybe you should go re-watch the video's on it?)

They'll spin the truth as "the economy was recovering and this (insert false flag event here) really shocked the market... blah, blah, blah".  Come on folks, you guys (and gals) are much smarter then that.  You know the timing of false flags are almost always around major tops in the stock market.  Remember the BP Oil Disaster?  When did it happen?  Answer:  April 20th, 2010 What happen to the stock market shortly there after?  Can you say "Flash Crash Fat Fingers" 10 times quickly and not be "tongue tied"?  LOL

The market actually hit the final top on April 26th, with one quick stop sweep above key resistance to clear out all the shorts before the crash... but basically the Oil Disaster False Flag event was done when the market was peaking.  So what does that mean for next week?  I speculate that we'll have another stop sweep above the current overhead and resistance level and then another crash... but this time it won't be just a "Flash Crash".  I expect it to continue down to the DOW 8300 level by mid-late November, and then a rally back up to happen.

Thinking like a gangster here... I'd shock the market with just enough new stimulus (with the expected QE2 news data released by the Fed's after the FOMC meeting this Wednesday), that would give the market one final push up.  Then I'd stage a false flag event to blame the crash on.  (Of course I don't know what the market is expecting, but I heard $500 Billion to $3 Trillion.  So, give them something on the low end of that range to stage one more rally, but not too little that the coming train wreck would be blamed on the governments' lack of stimulus.  (Now if they give them something on the high end and blow out what the market expects, we can expect a move up to the DIA 118.16 FP to happen before and crash does... but I really don't expect that to happen).

After the market tanks for a few weeks I'd get together with the new Congress and Senate with some emergency bill (even more stimulus) that "has too" be pass through under fear of economic collapse (all planned years in advance of course).  But don't pass the bill until the downside target is hit, and then I'd announce to the media that the Republicans and the Democrats have put aside their differences and decided that another round of stimulus will now be given to the Wallstreet Gangsters (errr... the American public, my bad!) because of the disaster.

The Democrats can "save face" as they put through another stimulus package before the Republicans took back control of the house of congress (and maybe the senate too?).

The Republicans can "save face" and say that they would have stopped the reckless spending of the stimulus plans that the Democrats did over the last year or so, as they rejected more money when they got elected (in this weeks' coming election), but do to the emergency nature of the current situation that developed (because of the "false flag event"), they'll give the market (err... the economy) more money after all.

Yay!  We're all saved again!

Isn't politics fun?  LOL!  Of course I don't know what will happen, but that could be the plan?  It certainly matches up with a peak in the market like we currently have now.  After all... someone, or something, has too be blamed for the crash coming.  It just can't be technical analysis or elliottwave theory, as that stuff is just all worthless crap anyway... right?  It's fundamentals that makes the market move up and down... so says the bought and paid for mass media machine.

Ok, so where do we go next week?  I'm going to borrow this chart posted by Apple Al, and use it for speculation as it would line up with one more stop clearing sweep similar to the April 26th high... just before the real move down came.

Al's chart points to a move down on Monday, (which supports the over bought 60, 30, and 15 minute charts), and then one "last hurrah" move up to the double top area around 1215 spx as a wave 5, with Mondays' move down as a wave E in a larger wave 4 move that formed during most of last week.  While I'm not an expert on Elliottwave (who is really?), I think the chart lines up perfectly with what happen on the April high day on the 26th.

You have too think about this from the gangsters point of view.  There are still plenty of bears hanging on to their shorts last week, as the market just traded sideways and never broke the overhead resistance area.  This tells me that they must be shaken out before the real plunge begins.  You know the gangsters don't want to let these bears on the train to hell with them, as there are only so much cocaine and naked women available in the passenger cars... and of course they don't like to share.

So, they must get them off the train before the real move starts.  A quick short squeeze to a double top would probably just about do the trick I'd say.  While it's possible that the top is already in at the 1196 spx level from last Monday, I got a feeling that there's going to be one more fakeout move to the upside before this train really leaves the station.

Maybe it only makes it back up to the 1196 top, or maybe a little more?  I don't know for sure but that terrorist scare is speaking loudly to those who are listening.  An "Event" is coming, and the market won't like it.  When?  Days I'd say, not weeks.  Maybe after the FOMC meeting this Wednesday, or at the latest it could be push out to the G20 Meeting on November 11th.  I doubt it, as I think what the Fed's says this week will determine the future direction of the market (and the elections too of course).

But the charts can't take too much more of this propping up, as they are all ready to collapse hard very soon.  So how many fingers and toes does Bernanke have left to keep plugging the holes in this dam that's ready to burst?  I don't know, but if he tries to use the "Fat Finger" to plug a leak, he might just do too much damage to the crack and cause it to burst.

Ok, what about Monday you ask?

(to watch on youtube: http://www.youtube.com/watch?v=qYRlUCk7M8U)

I'd say we rollover in the morning and possibly stay down all day.  I say "possible" because the terrorist scare and the uncertainty of the elections could cause traders to cash in their longs on Monday and not do anymore buying until the FOMC news on Wednesday is released.  The short term charts are rolling over going into Monday and that should put some downward pressure on the market early on.

While I don't think it's going to tank on Monday, or break key support, but I can see early selling in the morning with the afternoon session being left in the "unknown" status as the PPT could come in a buy it back up (remember, the volume will likely be very light after the first couple of hours of the day), or they could just let it stay down and use that money for Wednesday.  Hard too say what the close will be, as Monday's have a long time reputation now of being "Bullish Monday's"... a name they got for that very reason, they usually are UP days.

So, if you do short on Monday, be careful after the first couple of hours as once that selling pressure is gone the government could step in an turn it all around by the close.  It's the day before the election too, so you know it's not going to crash.  We could see a 10 point down in the morning, but I wouldn't expect too much more then that... if we even get that much?

It's really going to be a wild ride after Wednesday, but I'm not expecting too much on Monday.  So just be patient as around 2:15 pm on Wednesday until the close at 4 pm on Friday... it's going to get exciting!  Another side note:  most FOMC days are bullish, and I've noticed that the first move is a shakeout move that quickly reverses and goes the other direction within minutes of the first move.  Most of the first moves have been down, followed by a rally until the end of the day.

So, while it's possible that the first (again... usually down) is a real move that won't reverse, I find it highly unlikely.  The reason is simple... the government doesn't want to be the blame for the coming correction/crash, so they will want one more push up from their statement released about QE2.  After they get their brief rally, and the bears get squeezed off the train to hell, they'll proceed with the "false flag" event a few days later to blame everything on.

One more thing, the day after the FOMC meeting I've noticed are usually a down day.  Just speculating here on everything, by using past experience to forecast the possible future direction.  If it happens as I laid out here, I'll be a hero... if not, then I'll eat some more mud I guess.

Best of luck to everyone...

Red

P.S.  Remember what this guy said about November the 14th...

(to watch on youtube: http://www.youtube.com/watch?v=V65rlYFJ0qo&feature=player_embedded)

Now look closely at the runaway train in the new movie called "Unstoppable" coming out this November 12th...

(to see on youtube: http://www.youtube.com/watch?v=JM-0Ywc7wNY)

Just a coincidence I'm sure...

P.S.S.  If you like this post, be sure to pass it around and bookmark it.  🙂

Wednesday update... we came close enough to the 118.55 SPY FP I believe, and should roll over tomorrow.  I made a mistake in yesterday's video about the Initial Claims and Continuing Claims numbers, as they aren't released until tomorrow morning.  Since we have already went up and got the short term charts all oversold, I now expect the numbers to disappoint and be blamed for the selloff.

(to watch on YouTube: http://www.youtube.com/watch?v=KiFxWE96Oho)

The charts say we roll over tomorrow, with or without the claims numbers... but the media will likely blame it on them, as they have too report something I guess?  Anyway, I'm looking for selling in the morning at least.  How deep it goes will be based on the data released.  If they aren't too bad, then we shouldn't fall too far.  We got many downside FP's toward the last hour of the day, and most are in the upper 116 level on the spy.  I do think we will hit them tomorrow.  As for Friday... I don't yet?

Good luck everyone...

Red

____________________________________________________________________________________

And they look pretty hungry to me...  (Is this really an Easter Bunny, or a Bull hiding in a bunny costume?)

Finally, the market had a nice sell off... but will it continue?  Stay tuned for next weeks episode of "As The World Turns"... Ugggh, sorry!  I got side tracked on that last sentence.  Sometimes my mind just takes me off on another trail.  LOL.

So, to finish the last sentence in my video... "under normal circumstances, I'm looking for a pause day tomorrow".  But, (and there's always a "but" it seems... wonder why?), since the Fed's are so hell bent on stopping the market from a natural sell off, I'd say we are going to rally tomorrow on better then expected Initial Claims and Continuing Claims numbers, as well as the Fed's Beige Book report.

(to watch on YouTube: http://www.youtube.com/watch?v=nTHQOfVX2fs)

Too me, it's just going to provide another spot to get short.  Look for the rally (if it happens?) to start around 10 am and end by about Noon (or sooner?).  At that point I'd expect the 5, 10, and 15 minute charts to be overbought.  But, the 30 and 60 will take a few days I believe.

Now, it's going to be more of a "gut feeling" about going short about that Noon time period, as we need to see how the market is acting.  If it's trading mostly sideways, with only a small rally, then we will likely fall into the close and/or Thursday as well.

But if it moves up hard and fast, going higher then anyone expects, then the shorts are getting squeezed badly and we might have too wait until Thursday for the 30 and 60 minute charts to get really overbought again.  That might take the market up to that 118.55 spy FP we got today?

I don't know for sure of course, but those intraday print are usually hit within 1-3 days.  It's going to be more on just a feel for the market tomorrow, as predicting it solely based on the charts is not working in a heavily manipulated market... like the one we live in!

Just remember, sideways trading during the POMO time period equals a "bear flag", and the market should fall in the afternoon, when the short term charts reset themselves and get top heavy again.

But, a sharp move up during the morning session could set up the market for a continued move up on Thursday too... which would allow it to reach that 118.55 spy FP, should they plan on hitting it this week?  Maybe it is meant for another time period?  Hard too say at this point.

Just hang out on the blog and read the comments as usual, and I'll let you know my thoughts when the market gives me some clues.  For now, I'd expect a flat to up day tomorrow.  But more selling is coming, so don't buy into any bullish ideas that this "one day" correction reset the larger time frame charts, and we are going to rally up to new highs now... they are all still very overbought!

Red

Thursday Update...

The bears were fed today, but make it last as Friday will likely rally up... at least in the morning session.  Google popped up 50 points afterhours, should give the market an early morning lift.  But, by the afternoon session we could see the short term charts get over bought and some selling into the close is possible.  I'm not calling for anything big, but overall I'd just say that the close could be just slightly positive or flat, as I expect some of the early morning gain to disappear by the afternoon, and into the close.

Next week is still unknown, but if they are going to fill the DIA 118.16 print, they've got a good opportunity next week with all the earnings coming out.  Maybe we will hit it within the next week or two?  Maybe... just maybe?  ...but after that, all hell is going to break lose!

Red

__________________________________________________________________________________

The poor bears are are almost extinct now...

Up Up and Away!  Dow 20,000 by Friday... and the cost of a loaf of bread = $20.00!  The government gangsters should be brought up on criminal charges and publicly hung.  The Fed's make the Mafia look like Mother Theresa.  They are the most evil and corrupt group of gangsters in the world.

By constantly crushing the dollar, day in and day out, it's now worth 10% less then it was just 3 months ago.  It's nothing short of a 10% tax being put on the American consumer.  It's robbery, and no one seems to be able to stop them.  While I do believe that there are many "white hats" (good guys) secretly arresting these thugs, it's not being done fast enough.

At the rate we are going, these gangsters will succeed in producing the largest crash ever in the history of the stock market.  If we continue to push up to the FP of DIA 118.16 (which I believe we will), then the fall that will come after it will completely wipe out millions of peoples' life savings, and asset values.

If you think the housing market has bottomed now, just wait until 2011-2012 as the Dow likely be cut in half by then.  In fact, I think they could reach that upside FP by election day, and then start crashing week after week following it.  I know a lot of bears are getting hurt right now, and I'm not giving advise.

However, I'm not getting heavily short until that print is hit.  While we could still dip down a little tomorrow, and I do believe we will... it will likely be just a buying opportunity for the continued ramp toward our upside target.  How low, I don't know?  But tomorrow is looking like it should rise in the morning and sell off in the afternoon closing down for the day.

One more thing... here's a video that was sent to me, and I think it's worth everyone watching it.  While I don't know if November the 14th will be the big crash date or not, I do know that the Illuminati are big on rituals, so he could be right?

Certainly with all the POMO dates on the schedule between now and the election, they will likely be able to go up and fill the 118.16 print.  After that... it's a dozen or more downside prints that will be anxiously waiting for their turn to be filled.  And they aren't even close to the upside print!

In fact the Dow 8300 FP would then be 2500 points down from the upside print!  Now that's one huge crash!  So, just hold on to some cash gang, and the trout will be swimming up stream soon, and the river will be bone dry!  The bear feast will be on once again!

Good eating everyone...

Red

Midday Tuesday Update...

We only had 162 million shares traded on the spy Monday, and usually you will see over 200 million on down days... which means that this move down was more then likely just a technical correction as opposed to some real selling.

In other words, the big institutions haven't started to dump the market yet. Maybe they are waiting until Wednesday, when the last POMO money going into the market?  But after Wednesday, with no more POMO money until October 13th, and the non-farm payroll report out on Friday... I highly doubt the market can stay up this high.

I can see some 200-300 point down days coming late this week and possibly into early next week. For you non-option players, where time isn't against your side, hang tight as I believe Friday will be bloody!

Red

_______________________________________________________________

Now The Depression Begins...

Even though we didn't get the sell off I was looking for last week, the market never went anywhere but sideways.  It seems like the small injection of $30 Billion just delayed the selling for a few more weeks, as it certainly didn't produce another leg up in the market.

The Legatus Pilgrimage ended on September the 20th, and Bernanke states that no QE2 will be implemented, but that they will do whatever is needed to the support the banksters (errr.... the public).  So what really happened?  As Reinhardt pointed out on his site "a $30B rally is probably not a $800+B rally".

I think the $30 Billion is just about gone now, and the sell off will begin next week as a lack of stimulus money means NO buyers... and that means a sell off will follow.  While it's still possible that they will rally up on Monday, I think the high will be put in for the week on that day.

After this triangle pattern breaks up (it could break down, but Monday's are usually bullish), it will quickly make the short term charts overbought, and ready to rollover on Tuesday (or Wednesday at the latest).  The fact that the banksters could only raise $30 Billion, instead of $800 Billion like they did the previous rally, tells me that their power and influence is weakening.

Zero Hedge has an interesting article that states that Goldman Sachs will be asking for $500 Billion in a new QE2 bailout on November the 2-3rd.  If it fails, then certainly the market will tank hard from it.  I do think it will fail, and and the market will simply react as written in the charts... which is that it's overbought now, and ready for a serious correction down to happen.

The "failure" of the passing of this QE2 bill, will simply be the blame for the correction that follows.  It should be quick and deep, lasting 1-2 weeks of heavy selling.  The bottom should be at Dow 8300, our FP from many weeks back.  That could match up with the November 15th election, and "if" the Republicans gain back control at same time all of our FP's are hit, then a rally will happen from it.

So, will the market hit that low on election day?  I don't know of course, but I do believe the charts would align up perfectly of that target being printed in mid-November.  That's about 6 weeks from now, and of course we would have short term bounces between now and then... but I think a person would have very high odds of success by simply staying short over the next 2 months with the downside target already known, allowing them a really nice profit should it all play out as expected.

No one knows for sure of course, but everything I see now is pointing to a move down to that print over the next couple of months.  Playing the stock market is nothing more then gambling, with the added benefit of being able to increase ones' odd's of winning by piecing together technical analysis, fib's, elliottwave, politics, and just good old fashion "gut" feelings... and of course manipulation, corruption, lying, stealing, and cheating by the gangsters that run WallStreet.

It's harder to do that in Vegas, as I don't know any casino you can go to that only uses one deck of cards in BlackJack... hence counting cards now is a lot tougher with 4,5, or 6 decks mixed together.  Can it still be done?  Of course, but your odd's of winning are still a lot lower then what they would be by applying the same knowledge in the stock market instead.

But back to the market...

I think that taking a short position now, or anywhere last week, and holding until the elections should produce a very nice profit.  While trying to catch the exact high to get short is very hard too do, and mainly for short term swing traders.  The intermediate swing trader might be wise to start positioning themselves short for the coming 6 week down move.

This is of course just what I see in the charts, and what I sense with all the other pieces of the puzzle that I've tried to put together.  Will it happen?  I don't know?  I just know that the odd's are very high of the sell starting early next week, and lasting until the elections, with a few bounces along the way... to shake out the weak hands of course.

So in the end, we must simply fold our hand, lay down what we got, or take another card.  I'm a risk taker, so I'll take another card.  There's bound too be a BlackJack coming my way soon!

Best of luck to us all...

Red