It's public knowledge that these people make the decisions the rule the world, but what they are deciding next for the stock market is unknown.
However, considering the fact that money is being sucked out of the market faster then the oil spill sucking machine… I'd say it's not going to be another 2,000 point rally right now. Maybe after a large fall, then I'll believe in a large rally, but not from these levels.
That pattern is called a “bull flag”, and should it succeed, the move up will be violent, or should it fail, the move down will be just a violent, if not worst.
Well Mole is forever Bearish… much like myself. I'm thinking the same thing, as it looks like a perfect wave 3 of 3 coming next. Let's just hope Mole and I are both right on this one, and our Bearish nature isn't clouding our judgment.
They have lost their credibility but I am staying short.
Thanks Diablos. What number would we get to if it fell to the bottom of that channel?
If you want to know more about what “TPTB” decided to do over the June 3rd-6th meeting, here is the link…
http://seeker401.wordpress.com/2010/06/10/bilde…
If you want a list of the people in the group, here it is…
http://www.bilderbergmeetings.org/meeting_2010_…
It's public knowledge that these people make the decisions the rule the world, but what they are deciding next for the stock market is unknown.
However, considering the fact that money is being sucked out of the market faster then the oil spill sucking machine… I'd say it's not going to be another 2,000 point rally right now. Maybe after a large fall, then I'll believe in a large rally, but not from these levels.
It is approaching 10150 it may hit this resistance and remain in the range. I may be wrong please remember your stop losses.
That pattern is called a “bull flag”, and should it succeed, the move up will be violent, or should it fail, the move down will be just a violent, if not worst.
Dow jones Ascending broadening wedge updated
http://niftychartsandpatterns.blogspot.com/2010…
http://twitter.com/baminvestor
I can't get Bam on twitter or facebook. Is that because I haven't subscribed?
Well Mole is forever Bearish… much like myself. I'm thinking the same thing, as it looks like a perfect wave 3 of 3 coming next. Let's just hope Mole and I are both right on this one, and our Bearish nature isn't clouding our judgment.
mole on evil spec. says soylent blue (straight down) is dead.
two other plans, one say 1090, then down, the other say 1030 then down