Oh crap! That sucks! They always do the opposite to trick the sheep. Man I hate seeing that as that means they “could” change the plan next week? Don’t know yet as possibly they still take it down hard and do a mini-crash, at which point everyone on the planet will become super bearish… and then they rip it back up to new all time highs (which I believe is already planned?). I see 17,000 Dow in October after a big sell off next week and possibly the following week. That would fool the most sheep I think.
I got lucky on 1680 pullback call (better be lucky than good), will reopen leveraged short position tomorrow
(my core portfolios are all 100% net short – not counting long natural gas which I went long yesterday at 3.381 /NGX3 – glad I did not have stops today – that was a mother of all shakeoffs )
Trade well
Seems everyone is bullish Peter… which makes me feel even stronger that this call will be right. I’m still looking for 167 area on the SPY and it “should” happen tomorrow but with the manipulation it could happen Monday.
I hesitated to put it out there Peter but something wicked is coming next week and while I don’t want you to hold me to those exact levels I do want you to be aware that the odds of a huge move down are 90% from the information I’m putting together.
Sheesh, more bad news for the bears.
ah. Not a good sign for the bear case sadly. Out of curiosity though red, have your sources given you other dates that have worked out before?
Oh crap! That sucks! They always do the opposite to trick the sheep. Man I hate seeing that as that means they “could” change the plan next week? Don’t know yet as possibly they still take it down hard and do a mini-crash, at which point everyone on the planet will become super bearish… and then they rip it back up to new all time highs (which I believe is already planned?). I see 17,000 Dow in October after a big sell off next week and possibly the following week. That would fool the most sheep I think.
Yesterday’s cnbc.com home page Time to get bearish on
stocks: Strategist
Today’s cnbc.com home page Marc Faber: Look out! A
1987-style crash is coming
Hard to see a crash when cnbc is telegraphing things so blatantly.
I got lucky on 1680 pullback call (better be lucky than good), will reopen leveraged short position tomorrow
(my core portfolios are all 100% net short – not counting long natural gas which I went long yesterday at 3.381 /NGX3 – glad I did not have stops today – that was a mother of all shakeoffs )
Trade well
take a look at silver /SI long within a week
within a week silver will put in an intermediate bottom
Update for Friday… http://screencast.com/t/GzHYp3KaQA8
Seems everyone is bullish Peter… which makes me feel even stronger that this call will be right. I’m still looking for 167 area on the SPY and it “should” happen tomorrow but with the manipulation it could happen Monday.
nedia was VERY bullish today too. so, could be
I hesitated to put it out there Peter but something wicked is coming next week and while I don’t want you to hold me to those exact levels I do want you to be aware that the odds of a huge move down are 90% from the information I’m putting together.