My thoughts on Lindsey and drawing parallel’s to the FP’s: After listening to him on AJ’s show, my take away was Sept/Oct was when the war would start and not necessarily when the crash would occur. Lindsey said it would not be this month, the next month or the month after that. Meaning “if we listen to their words”, starting in March, it’s possible.
We also know crashes occur from oversold conditions. For example, since we have a FP of ~DOW 8300, we could in theory go down to that level and crash to 34.65 FP you have in Sept/Oct once the war starts??? That difference down matches fairly close to the FP on Battle LA (DOW down 4800 or so) and would be the excuse to take oil to $150+ and the dollar to start it’s death by end of 2012. My point is, we don’t have to make a new high in 2012 first.
That being said, I’m with you since the high is around SPX 1370 and the FP of 138.XX SPY has yet to be hit. I think they will take this higher, but when looking at the whole picture, we still need to be VERY careful if going long.
Yes, the plans “could” change if enough people wake up. But the Illuminati gangsters have been in control for so many years that they think they are beyond touch and can’t be stopped. So far that has been the case, but the recent delay that Lindsey speaks of shows that they are getting scared.
They obviously delayed their plan to raise oil prices above $150.00 per barrel this year because of the mass awakening of the sheep. You can see that with the “occupy” movements around the world. I think we’ll have an even bigger awakening this coming year and the Illuminati will disappear as we sheep free ourselves.
Of course that doesn’t mean that the stock market isn’t going to crash in Sept/Oct as they plan for it too. But it does mean that they won’t be robbing the public of their homes on fraudulent foreclosures like they think they are going to do.
Whether Alex, Lindsey, Ben, or many others are right or wrong isn’t really important. The important thing is that the sheep are waking up and asking questions. Soon they will start beheading the bankers first and asking the questions second!
Thanks for the post red. I’m also seeing bullish bias for rest of the month. There likely will be checks and balances when SPX hits 1266-1270 again. As long as we stay above 1210, I’m still under bullish bias. Ultimately, I’m of the opinion that the 1270 resistance will fail ultimately.
Hope you have a great rest of the December.
Pretty concerning what Lindsey talked about. Not sure if I want to remove the 401k yet. Good question whether or not the plans purposefully change again to make Lindsey lose more credibility. Infowars isn’t exactly a hole in the wall anymore.
Assume Bernanke is buying Euro bonds, saving Europe. Euro will go up, USD will go down. US Equities will go up, and Gold will go up somewhat, but the reduction in “fear” will limit it’s immediate rise.
But this triangle is amazing, and it will break up or down.
Red,
My thoughts on Lindsey and drawing parallel’s to the FP’s: After listening to him on AJ’s show, my take away was Sept/Oct was when the war would start and not necessarily when the crash would occur. Lindsey said it would not be this month, the next month or the month after that. Meaning “if we listen to their words”, starting in March, it’s possible.
We also know crashes occur from oversold conditions. For example, since we have a FP of ~DOW 8300, we could in theory go down to that level and crash to 34.65 FP you have in Sept/Oct once the war starts??? That difference down matches fairly close to the FP on Battle LA (DOW down 4800 or so) and would be the excuse to take oil to $150+ and the dollar to start it’s death by end of 2012. My point is, we don’t have to make a new high in 2012 first.
That being said, I’m with you since the high is around SPX 1370 and the FP of 138.XX SPY has yet to be hit. I think they will take this higher, but when looking at the whole picture, we still need to be VERY careful if going long.
Yes, the plans “could” change if enough people wake up. But the Illuminati gangsters have been in control for so many years that they think they are beyond touch and can’t be stopped. So far that has been the case, but the recent delay that Lindsey speaks of shows that they are getting scared.
They obviously delayed their plan to raise oil prices above $150.00 per barrel this year because of the mass awakening of the sheep. You can see that with the “occupy” movements around the world. I think we’ll have an even bigger awakening this coming year and the Illuminati will disappear as we sheep free ourselves.
Of course that doesn’t mean that the stock market isn’t going to crash in Sept/Oct as they plan for it too. But it does mean that they won’t be robbing the public of their homes on fraudulent foreclosures like they think they are going to do.
Whether Alex, Lindsey, Ben, or many others are right or wrong isn’t really important. The important thing is that the sheep are waking up and asking questions. Soon they will start beheading the bankers first and asking the questions second!
Thanks for the post red. I’m also seeing bullish bias for rest of the month. There likely will be checks and balances when SPX hits 1266-1270 again. As long as we stay above 1210, I’m still under bullish bias. Ultimately, I’m of the opinion that the 1270 resistance will fail ultimately.
Hope you have a great rest of the December.
Pretty concerning what Lindsey talked about. Not sure if I want to remove the 401k yet. Good question whether or not the plans purposefully change again to make Lindsey lose more credibility. Infowars isn’t exactly a hole in the wall anymore.
Looking forward to drinking Eggnog!
http://hotoptionbabe.com/blog/156-anna.html holiday is a time to take a break 🙂
New post (note: the video is still processing at youtube, but should be done shortly)
http://reddragonleo.com/2011/12/11/lindsey-williams-says-the-dollar-will-crash-in-late-2012/
Something has to give, I will go long the ticker.
Assume Bernanke is buying Euro bonds, saving Europe. Euro will go up, USD will go down. US Equities will go up, and Gold will go up somewhat, but the reduction in “fear” will limit it’s immediate rise.
But this triangle is amazing, and it will break up or down.
http://oahutrading.blogspot.com/
SPY Charts: http://niftychartsandpatterns.blogspot.com/2011/12/spy-support-and-resistance-levels.html
Red Leo and all the other fire signs,
Saturday Updatehttp://markethighsandlows.wordpress.com/
i’ve reposted some of the info on my tip jar research at my site.
http://zstock7.com/?p=5986#comment-383670736
there’s also links there for around 20-30 movies being broadcast on youtube for free!!!