Plunge, Plunge for the rest of the day and maybe get a flash crash in………Dow and Nasdaq are now testing their March lows while $ndx (basically Apple) is still above it while all others are now substantially below their March lows. Maybe this will spur a bounce. My timeline says its still too early for a crash but if we don’t get a bounce tomorrow off the job numbers, it will be crash on. Indicators are too low and approaching crash territory. Everyone was expecting a bounce yesterday, myself included, and of course we didn’t get one. Need to view the comments after close again tonight.
Remember what Lindsey Williams said… “You’ve got maybe two weeks from the time Europe Collapses”. Well, we are close now… http://www.cnbc.com/id/43988195/
If the Non-Farm Payroll report is really bad again tomorrow, we could drop another 500 points or more, and really crash! Most crashes happen on a Friday or Monday, so tomorrow could be really ugly!
I don’t have any close FP’s either… not new ones at least. There is that old one showing 106 on the SPY from last year, but that’s about it. (It’s on the “Photo’s” button on the red Wibiya toolbar below).
Plunge, Plunge for the rest of the day and maybe get a flash crash in………Dow and Nasdaq are now testing their March lows while $ndx (basically Apple) is still above it while all others are now substantially below their March lows. Maybe this will spur a bounce. My timeline says its still too early for a crash but if we don’t get a bounce tomorrow off the job numbers, it will be crash on. Indicators are too low and approaching crash territory. Everyone was expecting a bounce yesterday, myself included, and of course we didn’t get one. Need to view the comments after close again tonight.
Silver finally joining the party today.
SILVER Chart: http://niftychartsandpatterns.blogspot.com/2011/08/silver-chart-analysis.html
Remember what Lindsey Williams said… “You’ve got maybe two weeks from the time Europe Collapses”. Well, we are close now… http://www.cnbc.com/id/43988195/
SPY support level: http://niftychartsandpatterns.blogspot.com/2011/08/spy-support-level.html
If the Non-Farm Payroll report is really bad again tomorrow, we could drop another 500 points or more, and really crash! Most crashes happen on a Friday or Monday, so tomorrow could be really ugly!
No… Bounce…. till Brooklyn! (A little Beastie Boys for you…. LOL)
http://www.youtube.com/watch?v=07Y0cy-nvAg
(and notice the ad the Illuminati have before the video for a new movie called “In Time” showing people with the mark of the beast on their arm).
USO Head and Shoulders : http://niftychartsandpatterns.blogspot.com/2011/08/head-and-shoulders-of-united-states-oil.html
Double bottom low on the Dow is 11,555 intraday, and 11,613 closing price on 03-16-2011
It’s beginning to look like that FP might be a good overall target, according to the trendline from after the ’87 crash.
I don’t have any close FP’s either… not new ones at least. There is that old one showing 106 on the SPY from last year, but that’s about it. (It’s on the “Photo’s” button on the red Wibiya toolbar below).