Jim, no form of leadership works. they all screw the people, it’s always been that way… of course there is bad and there is worse. but, a screw is a screw. lol
I suspect, the wise ones have 4 long for every 1 short.
if it falls 4X, the 1 short will cover more than the longs.
if the short expires, ah thats the price of profits.
how I remember August. it really felt like flash crash was emminent.
on that 3rd bounce, I did get suspicious. if you told me then, where we are NOW. I would have said you were on CRACK!!!
yet here we are. Zimbabwe-land
Hi Red and all…
Capitulation de jour… Although, I gave up on TA of any kind, there is convergence of Gann cycles middle of Feb (14th-15th)… Jan 19 Gann highs held for some time, but nothing works anymore…supposedly if we turn next week, should be 14-15weeks down…I’ll believe it, when I see it…
Good luck all…great day for Egyptian people, but this is just the start, as dictators all over the world are on notice…there will be protests in Iran on Monday, if numbers are in any way close to Egyptian, it will get very bloody…Iranians have it lot worse that Egyptians, and I think they are pissed at their leadership trying to frame Egypt as Islamic revolution…
Euro Debt, China tightening (possible food riots), US debt ceiling are still alive and well…All my positions are in options in April to June, but if this BS doesn’t turn soon, all be really screwed…
Now the only thing that will crash this market is Bernake gets a heart attack. No bad news in the world can bring this market down. So either one of two things happen:
1) Bernaki dies (e.g heart attack)
or
2) Obama resign
As long as Benji and his QE keeps going, there are no stopping this. As everyone else I assume, I turned Bearish end of August. I was UP some $33,000 and now down almost $30,000. Its getting depressing seeing my VXX, FAZ, BGZ, UNG in the toilet everyday.
Jim, no form of leadership works. they all screw the people, it’s always been that way… of course there is bad and there is worse. but, a screw is a screw. lol
if this market is any symbol of freedom, then you people are not free! seeing these rigged markets make me mad, no matter if i’m winning or losing.
I suspect, the wise ones have 4 long for every 1 short.
if it falls 4X, the 1 short will cover more than the longs.
if the short expires, ah thats the price of profits.
The Egyptians are about to get royally screwed. Replacing a secular dictator w/ a Muslim will be a bloody mess.
how I remember August. it really felt like flash crash was emminent.
on that 3rd bounce, I did get suspicious. if you told me then, where we are NOW. I would have said you were on CRACK!!!
yet here we are. Zimbabwe-land
dam, are we in an abcd?
http://forexsoho.com/bullish-abcd-pattern.html
if AB=CD, that would put us at DOW 14K, and a double top using 07 high.
just my 2 grams.
Hi Red and all…
Capitulation de jour… Although, I gave up on TA of any kind, there is convergence of Gann cycles middle of Feb (14th-15th)… Jan 19 Gann highs held for some time, but nothing works anymore…supposedly if we turn next week, should be 14-15weeks down…I’ll believe it, when I see it…
Good luck all…great day for Egyptian people, but this is just the start, as dictators all over the world are on notice…there will be protests in Iran on Monday, if numbers are in any way close to Egyptian, it will get very bloody…Iranians have it lot worse that Egyptians, and I think they are pissed at their leadership trying to frame Egypt as Islamic revolution…
Euro Debt, China tightening (possible food riots), US debt ceiling are still alive and well…All my positions are in options in April to June, but if this BS doesn’t turn soon, all be really screwed…
Now the only thing that will crash this market is Bernake gets a heart attack. No bad news in the world can bring this market down. So either one of two things happen:
1) Bernaki dies (e.g heart attack)
or
2) Obama resign
As long as Benji and his QE keeps going, there are no stopping this. As everyone else I assume, I turned Bearish end of August. I was UP some $33,000 and now down almost $30,000. Its getting depressing seeing my VXX, FAZ, BGZ, UNG in the toilet everyday.
June 27th SPX will break all time high at this rate.
http://www.zerohedge.com/article/current-rate-growth-sp-500-will-surpass-its-all-time-high-june-27-2011