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... Red Dragon Leo

LOL! Yes, let's start another Boston Tea Party!… But on a serious note, I'm more worried about WW3 breaking out in Yeman over the Stargate buried under the ocean. (Look out for staged terrorist events to happen which will take us to war, and cause a market crash. They call them False Flag Events).

http://www.youtube.com/watch?v=tYlJENPmPlI&feat

Yes… it's real! And they all want control of it. The link above is just a short 10 minute clip. If you want to really understand what's going on, go watch this video…

http://www.youtube.com/watch?v=22S2TNMf8v4&feat

Everyone needs to wake up and realize that we're not alone… and never have been.

... Crash Gordon

Red thanks as always for these briliant posts.

One thing troubling me though is that all our governments have doled out our hard earned tax money to Goldman Sacks and their cahoots to ramp up these markets then in the next few weeks as billions are wiped out then these taxpayer paid for assets become worthless but we still have to pay mega tax for a generation or two to pay for them anyway!

Dont seem right to me that! Shouldnt we be throwing some tea in a harbour or something?

... Red Dragon Leo

Some how I don't think the banks are going to like that idea too well… hmmm, could this trigger a sell off? Inquiring minds want to know. LOL!

Thanks for the update redvettes…

... redvetttes

They want the banks to bail them out

http://www.reuters.com/article/idUSTRE61601W201

... Red Dragon Leo

I don't trade mining stocks, but good luck on that. Maybe the market will run to gold during the next downtrend, or maybe they will be unloading gold to cover margin calls? Just food for thought.

... Peter Delany

Price movements could be indicating we are near a bottom here – gold shares (gg aem) went up 6% on Friday. The market could follow soon. It could be dangerous to go short here. Better to trade miners at moment.

... Red Dragon Leo

We might just fall off a cliff after the possible bounce into the coming opx on the 19th… who knows? I'll just take it one day at a time.

Just my opinion, but I don't think this is a time to go long… unless you're a day trader of course. Since I swing trade, I'll only be looking for short positions over the next few months. I might dip my toe in the water for a quick long position, but I won't over stay my welcome.

... Red Dragon Leo

Thanks girl… Looking forward to the big surprise coming next week! ha ha ha ha

... Michigan

Market action thus far surprised bears and bulls alike. Now bears are expecting a bounce Monday, Bulls are expecting a huge rally based on Friday afternoon action. A professional trader I know well is waiting to go short as he was waiting for his signals until now. He did not like to chase markets that were going down.
I am not positioned well either to take advantage of this correction. Actually, I lost money trading in and out.
Next week is very interesting..

... Keirsten

Fantastic post, Red! Let's get ready to rock and roll. 🙂