Although I find it hard to believe anything drastic will happen until the Fed meeting is over, the $vix did have a hollow red bar and is above its uptrending 20day average. The markets except the Nasdaq have been trending sideways for a couple weeks now and putting in a smilar like top to the April and early August highs.
Well, I don’t think there is a lot of bloggers that know what is going on for sure, but a lot that have a good idea at least. The timing of the events are the hardest to foresee, and I’ve yet to see any one blogger call this market day in and day out… correctly.
But, I’m with you on fighting the Fed’s. And, I think a lot of people are doing just that… it’s just that we don’t see what’s happening, as it’s being done behind the scenes.
Not to worry too much, as their day is ending soon and a new world of freedom will be here for everyone on the planet. But between then and now, things could get a little rough as they throw their last punches at the world.
I’ve noticed there are a lot of bloggers out there who know what’s going on, but with no voice. Are there any central sites that you know of with people who want to actually fight, yes fight, the Fed?
Yeah this seems to be a pipe dream, but this could be a great time to organize en masse. All these fatcats are wallowing in their own arrogance, just waiting to be knocked off the top of the heap by people who are “Fed” up with this mess.
I happened upon this youtuber back in 2008. Validated the information – luckily Aurora Mortgage by Lehman was dumb enough to publish the documents he spoke about on an unsecured local website – and was encouraged by the willingness to act on this info. Alas, nothing came of it:
Zstock, is there a larger circle of financial bloggers to communicate with the public? I mean, I’m sure there are a lot of frustrated people out there who are wanting for more information on why this is happening…
Yes, I agree… they can print until the year 3010 if they want too. Of course by then a gallon of milk would be 4 million dollars… LOL.
As for the picture, no… I found it on the internet and added the 3 idiots to the picture. Just right click and save as is… but that’s as big as the picture was when I found it. Sorry.
I really like that Hell Train image. Do you happen to have a higher resolution copy?
Regarding zstock’s comment the the market could rocket higher…yes, that’s possible, but personally, I think it will be quite a stretch to rocket up to 11,900 in the near future. Remember, a lot of people were thinking that this market wouldn’t make it to year’s end over 10K at the end of August…
Just trying to stay as objective as possible in this irrational market……the fact that the Fed is artificially (and illegally) inflating this market doesn’t change the risk profile for stocks. They are more closely tied to the USD than ever before as a result of the Fed’s reckless actions and can become very volatile as a result of that many more variables.
I guess I’m saying “day trade” the long side, which I suppose everyone here is doing.
Just food for thought…I read an interview by Jim Rogers about he went 100% belly up back in 1970 when he shorted 2 stocks. He lost everything, that’s right, everything…BUT BOTH companies were bankrupt 2 years later. The market was able to stay irrational much longer than he was able to stay solvent.
This time around, the rules have changed significantly – there are far more illegal actions being taken by the Fed – so we’ll have to stay far more vigilant.
Although I find it hard to believe anything drastic will happen until the Fed meeting is over, the $vix did have a hollow red bar and is above its uptrending 20day average. The markets except the Nasdaq have been trending sideways for a couple weeks now and putting in a smilar like top to the April and early August highs.
All I can say is…LET THE GAMES BEGIN!!!
New post…
Well, I don’t think there is a lot of bloggers that know what is going on for sure, but a lot that have a good idea at least. The timing of the events are the hardest to foresee, and I’ve yet to see any one blogger call this market day in and day out… correctly.
But, I’m with you on fighting the Fed’s. And, I think a lot of people are doing just that… it’s just that we don’t see what’s happening, as it’s being done behind the scenes.
Not to worry too much, as their day is ending soon and a new world of freedom will be here for everyone on the planet. But between then and now, things could get a little rough as they throw their last punches at the world.
I’ve noticed there are a lot of bloggers out there who know what’s going on, but with no voice. Are there any central sites that you know of with people who want to actually fight, yes fight, the Fed?
Yeah this seems to be a pipe dream, but this could be a great time to organize en masse. All these fatcats are wallowing in their own arrogance, just waiting to be knocked off the top of the heap by people who are “Fed” up with this mess.
I happened upon this youtuber back in 2008. Validated the information – luckily Aurora Mortgage by Lehman was dumb enough to publish the documents he spoke about on an unsecured local website – and was encouraged by the willingness to act on this info. Alas, nothing came of it:
http://www.youtube.com/user/markmti
Looks like he has a nice career as a consultant, but this thing petered out. I think it’s time for a Financial Revolution.
Zstock, is there a larger circle of financial bloggers to communicate with the public? I mean, I’m sure there are a lot of frustrated people out there who are wanting for more information on why this is happening…
It’s only bullshit if you think that truth is never stranger than fiction.
Yes, I agree… they can print until the year 3010 if they want too. Of course by then a gallon of milk would be 4 million dollars… LOL.
As for the picture, no… I found it on the internet and added the 3 idiots to the picture. Just right click and save as is… but that’s as big as the picture was when I found it. Sorry.
Red,
I really like that Hell Train image. Do you happen to have a higher resolution copy?
Regarding zstock’s comment the the market could rocket higher…yes, that’s possible, but personally, I think it will be quite a stretch to rocket up to 11,900 in the near future. Remember, a lot of people were thinking that this market wouldn’t make it to year’s end over 10K at the end of August…
Just trying to stay as objective as possible in this irrational market……the fact that the Fed is artificially (and illegally) inflating this market doesn’t change the risk profile for stocks. They are more closely tied to the USD than ever before as a result of the Fed’s reckless actions and can become very volatile as a result of that many more variables.
I guess I’m saying “day trade” the long side, which I suppose everyone here is doing.
Just food for thought…I read an interview by Jim Rogers about he went 100% belly up back in 1970 when he shorted 2 stocks. He lost everything, that’s right, everything…BUT BOTH companies were bankrupt 2 years later. The market was able to stay irrational much longer than he was able to stay solvent.
This time around, the rules have changed significantly – there are far more illegal actions being taken by the Fed – so we’ll have to stay far more vigilant.
I’m working on a new post now, and I’ll go over it in the video. Should be up in an hour or so.