I seen that too… and yeah, sometimes it does. But the NYST (symbol NYA) is a better representation and it usually leads the DOW. Since it also has broken out this tells me that the SPX will likely go higher to the 1350 area before rolling over into wave 3 down. But, that doesn’t mean we don’t get a pullback here today or tomorrow. Maybe a backtest to the 1300 level, and then back up?
Yeah, defying gravity so far. Looks like the are cleaning out the end of QE2 shorts,…for now. The initial claims report had NO effect and it was crap… It is comical what matters and what doesn’t to the market.
Wow! The market is very overbought here, on all the short term charts. Looks like a big bear squeeze too me. They are pushing hard up against that resistance zone, and I’m not sure if it’s going to hold them back or not? We should know within the next hour or so I believe.
Oink, Oink? LOL. You may be right though. Hey, I’m watching the Alex Jones “cremation of care” video circa 2000 regarding the illuminati rituals. Have you seen that one?
Shorting here at 1316 S & P? End of QE2 push up has to retrace after that crappy initial claims number, Also hitting 50 SMA. I think a retrace to at least 1300 is in order.
I seen that too… and yeah, sometimes it does. But the NYST (symbol NYA) is a better representation and it usually leads the DOW. Since it also has broken out this tells me that the SPX will likely go higher to the 1350 area before rolling over into wave 3 down. But, that doesn’t mean we don’t get a pullback here today or tomorrow. Maybe a backtest to the 1300 level, and then back up?
Another link for ya, Red…
http://theilluminatiwatch.com/2011/05/19/nwo-bilderberg-controls-the-world-alex-jones/
DJIT broke out of the down trend line already while SPX is right at it right now
Does DJIT lead the general market?
Yeah, defying gravity so far. Looks like the are cleaning out the end of QE2 shorts,…for now. The initial claims report had NO effect and it was crap… It is comical what matters and what doesn’t to the market.
Wow! The market is very overbought here, on all the short term charts. Looks like a big bear squeeze too me. They are pushing hard up against that resistance zone, and I’m not sure if it’s going to hold them back or not? We should know within the next hour or so I believe.
http://reconearth.blogspot.com/2011/05/illuminati-alex-jones-dark-secrets.html
Inside Bohemian Grove. It’s pretty long…
No… post the link to it, and I’ll watch it later.
Oink, Oink? LOL. You may be right though. Hey, I’m watching the Alex Jones “cremation of care” video circa 2000 regarding the illuminati rituals. Have you seen that one?
I’m thinking the same thing Kevin… just one more push higher please.
Shorting here at 1316 S & P? End of QE2 push up has to retrace after that crappy initial claims number, Also hitting 50 SMA. I think a retrace to at least 1300 is in order.