this might be turning into a double dip recession. i’ve outlined some key index numbers to focus on… http://zstock7.com/?p=5243#respond
i also give the reason’s why….
Leo
The S&P closes down 6.66%. Those sick bastards toying with us by printing a close with the mark of the beast. But is this the start of the crash or the end and a massive short squeeze?
UPDATE 4-AIG sues BofA for $10 bln alleging “massive fraud” – CNBC http://www.cnbc.com/id/44063180
uh oh—all those people that signed those phony mortgages—going to jail—hope you weren’t one of them.
And the ES closed at 1111.75 (it was that level until 4:30). Yeah, I’d say they are telling us that the market is going to explode soon… like maybe tomorrow?
I don’t see QE3 tomorrow. If QE3 was announced, there is no way we’d get gold down to the 945 level that the FP’s show. We have to wait for the margin calls to kick in and then we might see QE3. But to get gold down below 1000 from this point would be a huge fall IMHO…and not likely to happen.
DOWN! … into the abyss! Look out 666, here we come again.
this might be turning into a double dip recession. i’ve outlined some key index numbers to focus on…
http://zstock7.com/?p=5243#respond
i also give the reason’s why….
Red: explode as in up? or as in down?
Great video … I am loving this downturn. Going back to shorts after Benarke also
Leo
The S&P closes down 6.66%. Those sick bastards toying with us by printing a close with the mark of the beast. But is this the start of the crash or the end and a massive short squeeze?
UPDATE 4-AIG sues BofA for $10 bln alleging “massive fraud” – CNBC
http://www.cnbc.com/id/44063180
uh oh—all those people that signed those phony mortgages—going to jail—hope you weren’t one of them.
SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/08/s-500-analysis-after-closing-bell_09.html
And the ES closed at 1111.75 (it was that level until 4:30). Yeah, I’d say they are telling us that the market is going to explode soon… like maybe tomorrow?
I don’t see QE3 tomorrow. If QE3 was announced, there is no way we’d get gold down to the 945 level that the FP’s show. We have to wait for the margin calls to kick in and then we might see QE3. But to get gold down below 1000 from this point would be a huge fall IMHO…and not likely to happen.
They certainly made their point!!