WD Gann quote: “7 is a fatal number referred to many times in the Bible and it is ruled by the planet Saturn, which brings about contractions, depression and panics. 7 x 7 = 49, which is shown as the fatal evil year, causing extreme fluctuations”.
Before the 1962 stock market crash the All Time High in the DOW was 15 November 1961 (49 years).
market wise, there’s not much there…in Medicare or schools, but Social Security—can you say, half the deficit gone, with one pen stroke at the white house. Tiffany’s will have to downsize. WMT base is safe.
Social Security isn’t the only thing they will cut. Medicare will probably go bye bye too. And so will a lot of the funding for schools. Probably the only thing that will increase is taxes and the defense budget.
If you need me to explain to you the relationship between gold prices and this congressional action below, send me $3,000, and I’ll explain how that works…..$3,000, just about covers the losses I endured, before I understood this relationship!
The McClellan Oscillator is in the same position it was 2days before the flash crash and already achieved the heighth of negative amplitude in this first leg down than it reached at its lowest point in the August decline. I am guessing $nysi (summation index) dropped below its 20day average and this time the odds should indicate there won’t be a whipsaw this time. Nov 12 was 227days from the appearance of the DIA 118.16number on March 30. The time of that print was 5:06 in the morning ie 5/6 which has me speculating that that number could be a date.
http://www.youtube.com/watch?v=PTUY16CkS-k&feature=player_embedded 🙂
WD Gann quote: “7 is a fatal number referred to many times in the Bible and it is ruled by the planet Saturn, which brings about contractions, depression and panics. 7 x 7 = 49, which is shown as the fatal evil year, causing extreme fluctuations”.
Before the 1962 stock market crash the All Time High in the DOW was 15 November 1961 (49 years).
market wise, there’s not much there…in Medicare or schools, but Social Security—can you say, half the deficit gone, with one pen stroke at the white house. Tiffany’s will have to downsize. WMT base is safe.
Social Security isn’t the only thing they will cut. Medicare will probably go bye bye too. And so will a lot of the funding for schools. Probably the only thing that will increase is taxes and the defense budget.
I predict, there will be a fake print on Gold, of 1166.6!!!!!
If you need me to explain to you the relationship between gold prices and this congressional action below, send me $3,000, and I’ll explain how that works…..$3,000, just about covers the losses I endured, before I understood this relationship!
All ye, All ye, Please Rise…The next session of Congress—–IS going to cut Social Security—–Good bye GOLD! I’ll talk to gold again at $1166.6!!!!!!
article is irrelevant to the markets.
The McClellan Oscillator is in the same position it was 2days before the flash crash and already achieved the heighth of negative amplitude in this first leg down than it reached at its lowest point in the August decline. I am guessing $nysi (summation index) dropped below its 20day average and this time the odds should indicate there won’t be a whipsaw this time. Nov 12 was 227days from the appearance of the DIA 118.16number on March 30. The time of that print was 5:06 in the morning ie 5/6 which has me speculating that that number could be a date.
red,
here is a bomb for you – the french government just collapsed!!!
http://www.zerohedge.com/article/french-government-collapses
we may have a black monday yet!!
richie