Red

User banner image
User avatar
  • Red

User Comments

LOL…

Yeah, that's the wonderful job growth Obama was talking about! Futures are loving it too… ROFLMAO!

June 04, 2010
Total nonfarm payroll employment grew by 431,000 in May, reflecting the hiring of 411,000 temporary employees to work on Census 2010. Private-sector employment changed little (+41,000). The unemployment rate edged down to 9.7 percent.

Thanks Ben, I got up this morning and looked at that and said WTF? I knew there were more skeletons in the closet, just waiting to get out.

from forexlive.com

incase you were wondering what caused the 10 s&P pt drop

(I assume this is the cause)

Comments from the Hungarian Prime Ministers spokesman (over Bloomberg) that default talk is not an exaggeration has sent EUR/CHF down 150 pips. EUR/USD has just broken below 1.21 (1.2090 the low) thus extinguisng the 1.21 barrier.

Exactly what I am seeing, the correlation could stop, but not likely. The only way to save Euro land is to totally tank the Euro—to .8

Red, there was the largest buying of block trades long the SPY that I have ever seen in 200 inspections. Today. Ramp to screw the bears methinks.

check out buying weakness and selling strength link on the right side of my defunct blog which shall remain open for historical purposes.

EUR VS USD is forming a triangle pattern in 10 minutes chart

http://niftychartsandpatterns.blogspot.com/2010

Daniel Estulin Speaks To The EU Parliament About The Bilderbergers…

http://vodpod.com/watch/3760835-daniel-estulin-

The Bilderbergers are currently starting a meeting on Friday. They control the market and the economic. They create the bubbles and the crashes. You need to watch this, as your trading account depends on what they plan too do.

In this 30 minute video (the first 2:45 you have to read the text on the screen, but then Daniel Estulin speaks in English), you will learn about the Bilderberger group, and some of the things they have done in the past, with some thoughts on what the plan on doing in the future.

The most important thing you need to focus on, is that they are have a meeting on Friday. That means a big change is happening in the market within a days of the meeting concluding.

They planned the rise of the price of oil to $150.00 per barrel, and the crash of it's price to $30 per barrel, as stated in the end of the video. It happened right after a meeting concluded.

Will this time be different? You decide? My guess is that they tank the market instead of rallying to new highs. But you don't have too believe me… you can order Daniel Estulins' book and read the history of the Bilderbergers.

He states that he's hasn't ever been wrong, as everything the Bilderbergers decided to do… happened. The last 5-10 minutes are when questions are asked from the audience. It's pretty interesting, and should be watched.

The last 30 seconds shows the date of the meeting (June 3rd-6th), and some other interesting agenda's they are working on discussing in their meeting over the weekend.

Red. Let's ride it down to 980. Tomorrow's job number is gona be phony anyway.

Here's a nice chart of the Euro, showing how it's resting on the edge of a cliff (sent to me by my friend Keirsten).

http://reddragonleo.com/wp-content/uploads/2010

Once that lower support line breaks, that's it's current resting on, it should fall hard. The 120 area is a likely target.