First week of Jan, is always a danger for bulls…get some hedges going next week.
if nothing happens, then it’s continue up to red’s FP 11,8000
Which triggers the next danger period, comes in Feb.
if nothing happens, then the 100% trigger comes on MArch 10th or so—and will be brutal ( minimum 2000 point pullback) and last 30 to 60 days.
Maybe Geccko can put this is in his time line.
—–
I hate to sound like a know it all…but I have increased my telepathic abilities, to the extreme. I do this by manipulating the 3 dimensions of “time” with my mind.
just kidding…These above dates are some historical events. except the MARCH month…If we haven’t had a pullback (6% to 10%) by then, then get ready for a real plunge, lead by GDX.
I’m going to have too agree with you Robert. We are going the FP before any real sell off happens. Since the coming disaster will be equal too, or greater then, “The Great Depression ONE”, it only makes sense to set new records on various readings.
But once this thing cracks, we’ll also be setting new records on bearish reading too. The next 2 years are going to be ugly for the market I believe.
While it’s possible that hyper-inflation could kick in and give the market a lift, in real terms of it being compared to Gold, the market will be cut in half to 2/3 before it reaches a final bottom.
Since I have a FP of Gold at 3500, we know hyper-inflation is coming!
AAII readings: 63% bulls 18%bears….ring the bell!!!If my memory is correct that is a higher reading than registered at the 1987 top and the March 2009 bottom registered 70%bears……..Also unusual activity at the close where the $indu rallied while $rut declined. I was too complacent to do anything…maybe Monday. Some interesting #s. 12-22 is 136calendar days from 8-8. Today should be 169tds from April 26 while also being 1169 calendar days from 10-11-07 high. Today is 73calendar days from 10-11 and 73 calendar days from March 6. Off to look at ISEE numbers…..
Yes, the VIX is telling us that a big move is just around the corner. Maybe as early as next week? Who knows? They are only about 300 points away from the upside target now, so it could be reached next week.
Merry Christmas to you too Steveo…
Merry Christmas to all, and wishes for a happy and prosperous New Year!
steveo from HawaiiTrading
“Let’s guess that NEM is 75 in Mar 2011…TANK…$15 will come.”
First week of Jan, is always a danger for bulls…get some hedges going next week.
if nothing happens, then it’s continue up to red’s FP 11,8000
Which triggers the next danger period, comes in Feb.
if nothing happens, then the 100% trigger comes on MArch 10th or so—and will be brutal ( minimum 2000 point pullback) and last 30 to 60 days.
Maybe Geccko can put this is in his time line.
—–
I hate to sound like a know it all…but I have increased my telepathic abilities, to the extreme. I do this by manipulating the 3 dimensions of “time” with my mind.
just kidding…These above dates are some historical events. except the MARCH month…If we haven’t had a pullback (6% to 10%) by then, then get ready for a real plunge, lead by GDX.
Gold, silver could go ballistic by year-end:
http://www.sprott.com/Docs/InvestorsDigest/2010/MPLID_112610_pg401Emb.pdf
I dunno why it says December 26th, 2010.
The words of a child.
I’m going to have too agree with you Robert. We are going the FP before any real sell off happens. Since the coming disaster will be equal too, or greater then, “The Great Depression ONE”, it only makes sense to set new records on various readings.
But once this thing cracks, we’ll also be setting new records on bearish reading too. The next 2 years are going to be ugly for the market I believe.
While it’s possible that hyper-inflation could kick in and give the market a lift, in real terms of it being compared to Gold, the market will be cut in half to 2/3 before it reaches a final bottom.
Since I have a FP of Gold at 3500, we know hyper-inflation is coming!
Ignore AAII readings during during silly season. We continue to rally…………
AAII readings: 63% bulls 18%bears….ring the bell!!!If my memory is correct that is a higher reading than registered at the 1987 top and the March 2009 bottom registered 70%bears……..Also unusual activity at the close where the $indu rallied while $rut declined. I was too complacent to do anything…maybe Monday. Some interesting #s. 12-22 is 136calendar days from 8-8. Today should be 169tds from April 26 while also being 1169 calendar days from 10-11-07 high. Today is 73calendar days from 10-11 and 73 calendar days from March 6. Off to look at ISEE numbers…..
Yes, the VIX is telling us that a big move is just around the corner. Maybe as early as next week? Who knows? They are only about 300 points away from the upside target now, so it could be reached next week.