The more I think about this October the more I think we’re going to tank hard in the stock market. Some how I think they will push this dollar devaluation out until 2013.
if you take a look at the vix, its beginning to edge up, so i bet traders will go short. Why not have a little fun, and tease them, with a small dip over the next 3 days? Then catch them Thursday, Friday and Monday
With low volume they have total control of the market. They could go up or down without any resistance. This market is being held here for so long because the gangsters need time to get out of their longs and get short. The longer they hold it here the larger the drop to follow.
Yes, I’d agree with that. I think most bears have bailed out by now as it’s taking too long to “not go down”… meaning a lot of bears are either in cash or switching sides to become bulls.
The more I think about this October the more I think we’re going to tank hard in the stock market. Some how I think they will push this dollar devaluation out until 2013.
As you said, and I’ve seen before, swings, the week before a major move, as such aren’t unseen/unheard of. We’ve all gotten caught in them
ES Chart update:
http://niftychartsandpatterns.blogspot.in/2012/08/s-500-futures-chart-analysis_20.html
You’re right, they very well could keep it in this range, but I’d think that would still keep a lot of traders, and hedge funds, to sit in cash
if you take a look at the vix, its beginning to edge up, so i bet traders will go short. Why not have a little fun, and tease them, with a small dip over the next 3 days? Then catch them Thursday, Friday and Monday
With low volume they have total control of the market. They could go up or down without any resistance. This market is being held here for so long because the gangsters need time to get out of their longs and get short. The longer they hold it here the larger the drop to follow.
With such low volume, they could easily do this
Agreed. To me it makes sense and sounds crazy. That’s exactly why i could see them doing it
Yes, I’d agree with that. I think most bears have bailed out by now as it’s taking too long to “not go down”… meaning a lot of bears are either in cash or switching sides to become bulls.
That’s what I’d do if I were a gangster like them….