Everyone is saying there is going to be a big dump in the fall. Even CNBC is reporting this.. http://www.cnbc.com/id/48735251 I have a big feeling that this won’t happen and the crooks are going to launch this to alltime highs with phony money
The 2008 high is 1426.63 for the close on 5/19 and the intraday high was 1440.24 (which I don’t think we’ll see). I think we roll into the close, but I wouldn’t short until we see something that would tell us that “it’s time”. A “topping tail” close on the daily chart would be nice.
Out of coffee gang. I need to run to Winn Dixie to get some. Be Back Later (BBL)
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That does make me wonder too Anthony. What if the insiders are buying up silver (and gold) because they know QE3 is coming? That would cause metals to soar higher… and the stock market too. Maybe I’m over-thinking this?
I totally agree, Red. I was going to also say, “But, it usually turns out going the opposite way.” I didn’t want to hurt your feelings.
Everyone is saying there is going to be a big dump in the fall. Even CNBC is reporting this.. http://www.cnbc.com/id/48735251 I have a big feeling that this won’t happen and the crooks are going to launch this to alltime highs with phony money
yeah, 90 spy i meant… to go to 1068 spy? still wondering what they could possibly do/say
The 2008 high is 1426.63 for the close on 5/19 and the intraday high was 1440.24 (which I don’t think we’ll see). I think we roll into the close, but I wouldn’t short until we see something that would tell us that “it’s time”. A “topping tail” close on the daily chart would be nice.
Huh? You mean 90 spx points I’m assuming…
almost 900 spy points from the low this month… talk about rigged
Out of coffee gang. I need to run to Winn Dixie to get some. Be Back Later (BBL)
P.S. I hope everyone clicks on the “Twitter” and “Facebook” icons when posting a comment so it gets re-posted on your accounts with them. It helps with the traffic to this site, so it’s much appreciated.
🙂
That does make me wonder too Anthony. What if the insiders are buying up silver (and gold) because they know QE3 is coming? That would cause metals to soar higher… and the stock market too. Maybe I’m over-thinking this?
Not expecting something major, but i’d think at least a small correction
I’m just worried that if too many people see the same thing then that’s a sign that usually means I should be thinking the opposite.