“Merriman writes the worst is over by the 29th”… thank God for that! I’m getting tired of this Bear massacre. We need the “worst” to be over, so the bears can eat again.
December 28,1772 was supposedly the big down day or start of a crash although I can’t find any records to verify this. I did dig up that there was a banking panic collapse in June of 1772 that spread eventually to Amsterdam possibly causing a crash in January of 1773 but the history is so slight, it’s really hard to work with. In May 1773, the East India Company, the blue chip of the day, was on the verge of collapse/bankruptcy so British Parliament enacted the tea tax on the colonists which led to the Boston Tea Party. The Tea Parties dumped East India Companies tea supplies into Boston Harbour so its hard not to argue that could have caused a dump in its shares. It’s just uncanny how similar astrologically today is to December 1773. Mars squared Saturn today and Pluto has returned to the area of its location during the flash crash (after retrograding). Uranus and Jupiter have cojoined each other in Pisces right about now and Mercury returns to its direct station tonight. And Merriman writes the worst is over by the 29th which probably should be a good fade. Today is 172 tds from April 26 high, 458 tds from 3-6-9 and 528tds from 11-21-08low and 810tds from 10-11-07 (rearrange these #s and it comes up with the next date I am looking at —featured 3 different ways in True Grit). We’ve got some nice trading/calendar cycles fast approaching.
I actually came up with that theory about 6 years ago as we were hitting the housing top, I call the gangsters HBB–Humoungous Bank and Broker. Goldman and gang.
will watch when I have time….I never have time! oouch
You should go back and watch them, as the gangsters (he calls them the “elite”) have everything to gain by a stock market crash. They can first make money shorting the market, and second they can buy up the remaining assets at dirt cheap prices.
This would then be a merging of the banks that are left into only a few big banks… which they would then have a total dictatorship, with a socialistic control of the public.
Eliminate the competition by bankrupting them, and buy them out, creating the “One World Government” that they’ve been preaching about for decades.
But, everything takes time… and apparently they need more time to unload their shares at the top before crashing the market.
Once done unloading to the sheep, and getting short themselves, they will tell Wikileaks to release the damaging info on the banks. The “insider’s” in these banks will have already sold their shares, and either went short or just moved the money out of the country… maybe into some other safe asset?
Believe me, they have everything to gain from crashing the banks and the market. Watch those video’s by Lindsey…
Why would the gangster want to destabilize the Gov or banking system, HBB already got both eight where they want them…..but why hold back? Get some momentum going again.
Since Wikileaks is being funded by the gangsters it only makes since that they are involved in feeding them some of the info, as well as instructing them “when” to release the info.
A break of this PRS will be very bearish, and in this manipulated market, of course the HBB guys are using State Pension funds to keep buying the market up. Everyone wants an up market, except reality and the Piper who will some day collect his due.
For now, bought the dip, but will probably close for a measley couple hundred dollar run. Playing very small, 1 contract.
Bought DNN yesterday at 3.29, it is moving nicely upward.
I don’t want to hold too many positions over the New Years, since that complicates the P&L tax filings by having to keep track of crossover positions. And the gains and losses and figuring the basis for the purchase IS NOT usually computer generated. Esp. with options, and futures, every trading service tracks them differently and ultimately the ball is left 100% in your hands to reconcile everything.
Next year, apparently, the brokers are going to be required to keep track of the basis and report it to the Fed Gov. Keep in mind, that doesn’t mean they will necessarily report it to you in same or usable fashion, although I suspect that they would. However, past history shows that the brokers never really cared much about your tax filing.
Interesting day. Nothing happened… until the last 5 minutes. Not that I expect it to continue tomorrow, as it’s going to just be bought up again I suspect.
Ah… the holidays. A time best left away from the markets.
“Merriman writes the worst is over by the 29th”… thank God for that! I’m getting tired of this Bear massacre. We need the “worst” to be over, so the bears can eat again.
December 28,1772 was supposedly the big down day or start of a crash although I can’t find any records to verify this. I did dig up that there was a banking panic collapse in June of 1772 that spread eventually to Amsterdam possibly causing a crash in January of 1773 but the history is so slight, it’s really hard to work with. In May 1773, the East India Company, the blue chip of the day, was on the verge of collapse/bankruptcy so British Parliament enacted the tea tax on the colonists which led to the Boston Tea Party. The Tea Parties dumped East India Companies tea supplies into Boston Harbour so its hard not to argue that could have caused a dump in its shares. It’s just uncanny how similar astrologically today is to December 1773. Mars squared Saturn today and Pluto has returned to the area of its location during the flash crash (after retrograding). Uranus and Jupiter have cojoined each other in Pisces right about now and Mercury returns to its direct station tonight. And Merriman writes the worst is over by the 29th which probably should be a good fade. Today is 172 tds from April 26 high, 458 tds from 3-6-9 and 528tds from 11-21-08low and 810tds from 10-11-07 (rearrange these #s and it comes up with the next date I am looking at —featured 3 different ways in True Grit). We’ve got some nice trading/calendar cycles fast approaching.
Thanks for summary.
I actually came up with that theory about 6 years ago as we were hitting the housing top, I call the gangsters HBB–Humoungous Bank and Broker. Goldman and gang.
will watch when I have time….I never have time! oouch
Have you watched the 4 video’s I put up on a previous post from Lindsey Williams? (http://reddragonleo.com/2010/12/16/lindsey-williams-on-the-alex-jones-show/)
You should go back and watch them, as the gangsters (he calls them the “elite”) have everything to gain by a stock market crash. They can first make money shorting the market, and second they can buy up the remaining assets at dirt cheap prices.
This would then be a merging of the banks that are left into only a few big banks… which they would then have a total dictatorship, with a socialistic control of the public.
Eliminate the competition by bankrupting them, and buy them out, creating the “One World Government” that they’ve been preaching about for decades.
But, everything takes time… and apparently they need more time to unload their shares at the top before crashing the market.
Once done unloading to the sheep, and getting short themselves, they will tell Wikileaks to release the damaging info on the banks. The “insider’s” in these banks will have already sold their shares, and either went short or just moved the money out of the country… maybe into some other safe asset?
Believe me, they have everything to gain from crashing the banks and the market. Watch those video’s by Lindsey…
Why would the gangster want to destabilize the Gov or banking system, HBB already got both eight where they want them…..but why hold back? Get some momentum going again.
Since Wikileaks is being funded by the gangsters it only makes since that they are involved in feeding them some of the info, as well as instructing them “when” to release the info.
why do you think Wiki is holding back?
they can’t find me while hibernating
I bought the dip on the PRS on ES.
A break of this PRS will be very bearish, and in this manipulated market, of course the HBB guys are using State Pension funds to keep buying the market up. Everyone wants an up market, except reality and the Piper who will some day collect his due.
For now, bought the dip, but will probably close for a measley couple hundred dollar run. Playing very small, 1 contract.
Bought DNN yesterday at 3.29, it is moving nicely upward.
I don’t want to hold too many positions over the New Years, since that complicates the P&L tax filings by having to keep track of crossover positions. And the gains and losses and figuring the basis for the purchase IS NOT usually computer generated. Esp. with options, and futures, every trading service tracks them differently and ultimately the ball is left 100% in your hands to reconcile everything.
Next year, apparently, the brokers are going to be required to keep track of the basis and report it to the Fed Gov. Keep in mind, that doesn’t mean they will necessarily report it to you in same or usable fashion, although I suspect that they would. However, past history shows that the brokers never really cared much about your tax filing.
PMI-E is showing a blow off shooting star type “top” far outside the Bollinger Band, this should signal a drop on precious metals. Other instances have been shown a drop after the BB was popped
Charts here—-
http://oahutrading.blogspot.com/2010/12/bought-dip-fear-factor-and-pm.html
Interesting day. Nothing happened… until the last 5 minutes. Not that I expect it to continue tomorrow, as it’s going to just be bought up again I suspect.
Ah… the holidays. A time best left away from the markets.