One thing I’ve noticed is that they’re compressing the timeline and creating big moves. Hard to tell if they’re just going to work off the overbought conditions in a consolidation or drop back down before doing so.
I’ll probably go long tomorrow after a pullback. This week should be bullish from the light volume, so I’d might as well go with the bulls on this ride up.
another thing to keep in mind for the next couple weeks, expect a rally whenever bad news hits the tapes … Bernanke tipped his hand last week, and now the market is expecting some sort of stimulus or money printing if the economy keeps getting worse, so the gangsta will try to get ahead starts.
On SEPT7h the German Supreme Court rules on the use of German taxpayer money forbailing out these other countries. If it rules AGAINST (the likely case) -there will be panic and hype. Money will pour out of equities. The US $would rise against the euro … but US financial stocks will crash hard.Bank of America and Citi wrote the credit default swaps on the Europeandebt, and will be hit especially hard. The money would flow into US bills,notes, and bonds. Portugal, Ireland, and Greece would be toast.You now have the DATE of a potential tipping of the scales for a superimportant market event. Without German bailout money … Europe collapses.Our stock market would DEFINITELY feel the pain.As I said, I am going to be very relunctant to go long here. Yes I will Probably lose out here on some gains going long. This is the MOTHER of all bear markets. I am not going FU_K this up by going long for a few points.Best of luck to every one.
Actually, Hillary was supposed too be President and she was supposed too be assassinated. She seen this happen by looking into the future through a secret technology that the reptilians have called “Looking Glass”. It’s basically a stargate that you don’t go through, but simply look into it to see the future.
It never happened as we went down a different timeline when Obama won. The gangsters were supporting McCain and Hilliary and they were fine with either one winning, as they controlled them both. Obama was a shock to them. Yes, they do control him as well, but he wasn’t the planned president they had in mind.
But, you are right… they will blame everything on him when the market crashes and the economy falls into the Great Depression 2. It’s not his fault of course, but he will be the scape goat.
One thing I’ve noticed is that they’re compressing the timeline and creating big moves. Hard to tell if they’re just going to work off the overbought conditions in a consolidation or drop back down before doing so.
I’ll probably go long tomorrow after a pullback. This week should be bullish from the light volume, so I’d might as well go with the bulls on this ride up.
Does that mean you’re not going ballz to the wallz?
another thing to keep in mind for the next couple weeks, expect a rally whenever bad news hits the tapes … Bernanke tipped his hand last week, and now the market is expecting some sort of stimulus or money printing if the economy keeps getting worse, so the gangsta will try to get ahead starts.
great post red, looks like the weak volume and short week for sure will favor the upside.
XLU chart shows, second phase of bottom fishing rally beginning. ( sector rotation)
XLU trading range this month.
http://zstock7.com/?p=5358
S&P 500 Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/08/s-500-analysis-after-closing-bell_30.html
On SEPT7h the German Supreme Court rules on the use of German taxpayer money forbailing out these other countries. If it rules AGAINST (the likely case) -there will be panic and hype. Money will pour out of equities. The US $would rise against the euro … but US financial stocks will crash hard.Bank of America and Citi wrote the credit default swaps on the Europeandebt, and will be hit especially hard. The money would flow into US bills,notes, and bonds. Portugal, Ireland, and Greece would be toast.You now have the DATE of a potential tipping of the scales for a superimportant market event. Without German bailout money … Europe collapses.Our stock market would DEFINITELY feel the pain.As I said, I am going to be very relunctant to go long here. Yes I will Probably lose out here on some gains going long. This is the MOTHER of all bear markets. I am not going FU_K this up by going long for a few points.Best of luck to every one.
Actually, Hillary was supposed too be President and she was supposed too be assassinated. She seen this happen by looking into the future through a secret technology that the reptilians have called “Looking Glass”. It’s basically a stargate that you don’t go through, but simply look into it to see the future.
It never happened as we went down a different timeline when Obama won. The gangsters were supporting McCain and Hilliary and they were fine with either one winning, as they controlled them both. Obama was a shock to them. Yes, they do control him as well, but he wasn’t the planned president they had in mind.
But, you are right… they will blame everything on him when the market crashes and the economy falls into the Great Depression 2. It’s not his fault of course, but he will be the scape goat.