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the only thing on the radar beyond the fukushima nuclear plants, and libya, and syria, and yemen, and bahrain, and portugal government going down, and oil over 110$/barrell, is the silver delivery of jpm on monday. they should have delivered all there physical deliverys on this months shorts for the 28th, and as of yet, they are still 3 million oz short for delivery. this has never happened before. that is why jpm was able to become a delivery vault for th comex in 2 days (usually takes 45). this is so jpm can ‘deliver’ silver to themselves on their shorts, and if you are the holder, and want to take physical possession this buys jpm a few more days for ‘paperwork’….

so you can add this to mondays ~ NO RISK the frickin world has NO RISK~!

oh how i’ve been there brother bears.
I refuse to stand in front of a train.
QE2, QE3, QEcollapse.
as this market climbs & climbs, dress warmly.
http://3.bp.blogspot.com/_ufmzwaYvnos/TK9tA3KVTHI/AAAAAAAAAEY/9DyAojVhr7E/s1600/Frozen_Gerb.jpg

I agree with you… without any type of event or bad news… this market will not tank.. and the gangsters will just dip it breifly and reset the longer term charts.. and bulls will make a run….

Well, I don’t know what to expect for Monday? We are very very overbought now, and should rollover… but without some type of event or bad news, they will likely just dip it down briefly to reset the charts, and then continue up toward the 138.86 FP on SPY it seems.

We Bears really need Monday to start a wave 3 down, or else the daily and weekly charts are going to turn back and give the bulls enough juice to rally for several weeks at least. So while I’m still bearish, I know these gangsters can defy gravity and keep pushing this pile of crap up the hay stack… only to fail on those standing below it later (I won’t be one of them).

red,

what i see is that we had a bearish wedge with an ‘a/b/c/d/e’ touch. the e was an overthrow ~ common for this…we should see a break to the base of the move (1249) in a quick move…..the operative word is ‘SHOULD’….if this is another bearish set up that turns bullish ~ then we are not yet in P3, that is for sure…..

download?? whatcha talkin about washboard?? what be a download??

LOL… yes, I was asking washboardstocks what he was talking about… meaning, what kind of download? Maybe he’s plugged into the matrix central core?

I got a download too! Master of Puppets, the entire album!

Oh wait, you’re probably talking about something else, huh?

tell washboardstocks to feed the dragon..by clickin that donate button , what he makes a crap load of money ….from shorting.