I read somewhere (about 3-4 years ago I think?) that the poor could be feed world wide for something like only $400 Billion per year. Of course we know they are still putting into the market probably $50-$100 Billion per month secretly and the EU of course has their QE program still going… so feeding the poor would be easy to do. But if they did that how could they keep them working as their slaves? So you know they will continue to make sure the poor stay poor… and hungry!
Makes sense Scott. I see another push down too (a wave 5 of some kind) to end this first larger sell off from the recent high. Then a few days of rallying into later in the week. I’m not sure if they are going to roll back over and make another move down to below 2000 or not?
I will say that the monthly and weekly charts are both bearish and do support another larger drop. But you and I know how manipulated this market is to the bullsh@t side… LOL! So I’ll just take it one day at a time. First a short to 2040 area and then a long for a rally up to somewhere. After that… I don’t know?
“The impacts on food consumption result not from a tailored tax on
excess consumption but from broad global price increases that will
disproportionately affect some of the world’s poor”
Yeah… if we rally up on Monday then I’d expect a peak on “Turn-around-Tuesday” where I’d look to short.
Interesting thoughts.
Certainly, if we see some early Monday gains into the sp’2070s, I’ll be tempted to launch a short-term short… with a target of 2040.
Anyway…. have a good weekend
I read somewhere (about 3-4 years ago I think?) that the poor could be feed world wide for something like only $400 Billion per year. Of course we know they are still putting into the market probably $50-$100 Billion per month secretly and the EU of course has their QE program still going… so feeding the poor would be easy to do. But if they did that how could they keep them working as their slaves? So you know they will continue to make sure the poor stay poor… and hungry!
Makes sense Scott. I see another push down too (a wave 5 of some kind) to end this first larger sell off from the recent high. Then a few days of rallying into later in the week. I’m not sure if they are going to roll back over and make another move down to below 2000 or not?
I will say that the monthly and weekly charts are both bearish and do support another larger drop. But you and I know how manipulated this market is to the bullsh@t side… LOL! So I’ll just take it one day at a time. First a short to 2040 area and then a long for a rally up to somewhere. After that… I don’t know?
Red, Monday/Tuesday AM should close to near 2040 then up to 2075-80 before Blood Moon then we head down until mid May to see 1930ish.
Biofuel policies reduce CO2 emissions by starving the poor. http://www.eurekalert.org/pub_releases/2015-03/pu-dbp032715.php
“The impacts on food consumption result not from a tailored tax on
excess consumption but from broad global price increases that will
disproportionately affect some of the world’s poor”
CRUDE Oil Weekend update: http://niftychartsandpatterns.blogspot.com/2015/03/crude-oil-weekend-update_28.html
Stinks that I didn’t take a short on this down move. But now I’ll be looking for a long after one more down move… probably next Monday?
May 10
http://bradleysiderograph.com/2015-turn-dates-sp500/
http://bradleysiderograph.com/overview-of-the-bradley-turn-dates/
Well, got up to 2107.63 SPX (210.40 SPY) before rolling over and dropping to the 208.74 SPY low… not a bad guess.