As much as this market should crash, the gangsters aren’t going to let it… yet! They will likely push this out until the next Legatus meeting this coming May 2nd-4th, 2012. Truly sad… but it’s a rigged game and they control it. However, on the short term, I think we’ll hit the FP of 137.00 on the SPY from a few days back, (or the 138.86 FP from last year) and then sell off for awhile… but not crash (again… YET!)
I’m going to redo the chatroom as it doesn’t save the chat session. As soon as you go to another page and come back the chat is gone. I’ll work on that over the next few days. Right now people are joining and leaving because they don’t see any prior chat and think no one is there.
I’ll have that fixed soon and let everyone know. But for now you can just login to the stockmarketbloggers.com site and you’ll see the “chat” tab listed as the 3rd tab from left to right between the “people” and “spy” tab. But again, I’m going to change that soon.
If I recall correctly, don’t we have a DXY FP of 86 that still hasn’t been hit yet? Could be the top in the dollar right after EU collapses? Which leads to the question: What is the definition of an EU collapse? Is it a Greek default? Does the contaigion have to spread to the core and cause a France default? And what is the definition of default? Does it mean CDS’s payout? One would think a 70% haircut on Greek bonds would consititute a “default”, (and thus CDS action) but apparently not. Ahhh…so many ways for the TPTB to “do what’s best for the sheeple”!
Lindsey stated that we have less then 2 weeks to get out of “all paper” once the Euro collapse, as the dollar collapse will be next. Looking at the dollar right now it seems very oversold and do for a bounce.
If the Euro does crash first, then will the dollar bounce hard from that crash for that 2 week (or less) period? If so, then wouldn’t the best time to short the dollar be after the Euro first crashes and give the dollar the bounce?
New post…
http://reddragonleo.com/2012/02/09/lindsey-williams-says-dollar-will-be-devalued-by-40-percent-before-2012-ends/
Was the 138.86 FP from May? I think that might be the one I was referring to earlier. Do you have a screenshot?
Today we were witness to something that you can only consider “fraud” and it was right in your face. Boy I hate Obama and Benji!!!
LOL… not a loser, just not a “Blue Pill Taker” (like your wife is… LOL)
my wife threw me out of the house with a cardboard box and told me to never come back home… she said i was a loser. since I shorted the market…
As much as this market should crash, the gangsters aren’t going to let it… yet! They will likely push this out until the next Legatus meeting this coming May 2nd-4th, 2012. Truly sad… but it’s a rigged game and they control it. However, on the short term, I think we’ll hit the FP of 137.00 on the SPY from a few days back, (or the 138.86 FP from last year) and then sell off for awhile… but not crash (again… YET!)
I’m going to redo the chatroom as it doesn’t save the chat session. As soon as you go to another page and come back the chat is gone. I’ll work on that over the next few days. Right now people are joining and leaving because they don’t see any prior chat and think no one is there.
I’ll have that fixed soon and let everyone know. But for now you can just login to the stockmarketbloggers.com site and you’ll see the “chat” tab listed as the 3rd tab from left to right between the “people” and “spy” tab. But again, I’m going to change that soon.
Red, can you post the link to the chatroom. I logged into your site, but got lost. I want to go to the room, where I went yesteray
If I recall correctly, don’t we have a DXY FP of 86 that still hasn’t been hit yet? Could be the top in the dollar right after EU collapses? Which leads to the question: What is the definition of an EU collapse? Is it a Greek default? Does the contaigion have to spread to the core and cause a France default? And what is the definition of default? Does it mean CDS’s payout? One would think a 70% haircut on Greek bonds would consititute a “default”, (and thus CDS action) but apparently not. Ahhh…so many ways for the TPTB to “do what’s best for the sheeple”!
Thinking out loud here…
Lindsey stated that we have less then 2 weeks to get out of “all paper” once the Euro collapse, as the dollar collapse will be next. Looking at the dollar right now it seems very oversold and do for a bounce.
If the Euro does crash first, then will the dollar bounce hard from that crash for that 2 week (or less) period? If so, then wouldn’t the best time to short the dollar be after the Euro first crashes and give the dollar the bounce?