I don’t know Anthony? It’s a chop fest right now with wild swings up and down as traders try to figure out what to do. I do think that we’ll see some selling next week, but I wouldn’t go short with a option over a long 3 day weekend as even if you are right the time decay will eat away your profit.
i’d say we’ll finally see a 1% drop on Tuesday. Same crap as last time when he didn’t do anything… market stood positive, then dropped the following day… market day anyway… shorting at the close
I’m just going to go with shorting the spy, probably around 10% out on a November monthly put pretty heavily… Even “IF” he does the 40% devaluation, at best people will run to commodities. I think that lines us up for a hard crash either way. And then i’ll stock up on some physical silver when the gold FP is hit.
What would cause this? I was thinking something like Greece falling out of the euro zone. That would crash the euro, spike the dollar, and crash the markets. Then, to remain competitive, i guess?, Bernanke both “saves us” with QE3 and a dollar devaluation
Interesting, but the title of the video isn’t mentioned in the video. He says nothing about October? Not that it’s important as we already know what’s coming. I do see his point with Deflation thou…
I’ve been having a hard time understanding how the correlation between Gold/Silver, the Dollar, and the Stock Market will play out when this all happens in late October. The more I look at it the more it makes sense that it’s going to do exactly like all previous times.
In the past the dollar would soar up and the market would tank hard. Metals would also tank. I think the same thing is going to happen this time too. In fact, I’d say we’ll likely see the FP of 939 on Gold before we see the 3500 FP.
Down first as hedge funds and big institutions are forced to meet margin calls, and then up later as the gangsters print more money in QE3. The wildcard here is the 40% overnight dollar devaluation that Bernanke promised to do back in 2002 if he were faced with another Great Depression (and he is faced with one).
I just don’t know how that will effect the market or the dollar? That’s a real puzzle to me right now?
you would think that’s priced in… but looking at the weeklys, i don’t think so… I’ll just sit until Monday.. going small until October though
I don’t know Anthony? It’s a chop fest right now with wild swings up and down as traders try to figure out what to do. I do think that we’ll see some selling next week, but I wouldn’t go short with a option over a long 3 day weekend as even if you are right the time decay will eat away your profit.
i’d say we’ll finally see a 1% drop on Tuesday. Same crap as last time when he didn’t do anything… market stood positive, then dropped the following day… market day anyway… shorting at the close
I’m just going to go with shorting the spy, probably around 10% out on a November monthly put pretty heavily… Even “IF” he does the 40% devaluation, at best people will run to commodities. I think that lines us up for a hard crash either way. And then i’ll stock up on some physical silver when the gold FP is hit.
What would cause this? I was thinking something like Greece falling out of the euro zone. That would crash the euro, spike the dollar, and crash the markets. Then, to remain competitive, i guess?, Bernanke both “saves us” with QE3 and a dollar devaluation
INTEL Chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/08/intel-chart-analysis.html
Silver support and resistance levels:
http://niftychartsandpatterns.blogspot.in/2012/08/silver-support-and-resistance-levels.html
Hey PeaceFul Warrior… you still reading? Love to hear you thoughts about now.
Great Video… thanks!
http://www.roadtoroota.com/public/991.cfm?awt_l=DL.G2&awt_m=3kpq2ZZ2uVAZ85B
Interesting, but the title of the video isn’t mentioned in the video. He says nothing about October? Not that it’s important as we already know what’s coming. I do see his point with Deflation thou…
I’ve been having a hard time understanding how the correlation between Gold/Silver, the Dollar, and the Stock Market will play out when this all happens in late October. The more I look at it the more it makes sense that it’s going to do exactly like all previous times.
In the past the dollar would soar up and the market would tank hard. Metals would also tank. I think the same thing is going to happen this time too. In fact, I’d say we’ll likely see the FP of 939 on Gold before we see the 3500 FP.
Down first as hedge funds and big institutions are forced to meet margin calls, and then up later as the gangsters print more money in QE3. The wildcard here is the 40% overnight dollar devaluation that Bernanke promised to do back in 2002 if he were faced with another Great Depression (and he is faced with one).
I just don’t know how that will effect the market or the dollar? That’s a real puzzle to me right now?