Sheesh guys… I know you all hate the bulls but you can still comment from time to time. Washboard, Geccko, PW, etc… say “Hi” to let me know you are all still alive.
I hope none of you bears got caught today as you should all know by now that anytime the market comes to a point of decision, which it must breakout one direction or the other, it’s usually bullish. That triangle that the market was in (up until today) had the highest odds of breaking out to the upside.
Remember, it’s not time yet for the crash. Look for the week after this coming Legatus meeting for the cracks to start. Then look for early June for more cracks…
Obviously the market has broken out to the upside (duh! What else would you expect from a rigged game?). At this point it seems likely that we will continue chopping around with an upward bias until the coming Legatus meeting is over with.
Nice catch BH… lines up perfect with my suspected top in the market to happen in June. Note: While Legatus meetings are (and have been) important turn dates in the market, Bilderberg meeting can also be… after all, the name of the organization or group isn’t what’s important… it’s the fact that all the head reptiles will be meeting to decide the fate of the us sheep (and the stock market of course).
Red, when will be the next legatus meeting?
Sheesh guys… I know you all hate the bulls but you can still comment from time to time. Washboard, Geccko, PW, etc… say “Hi” to let me know you are all still alive.
Amazon chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/04/amazon-chart-analysis.html
SPX Analysis after close:
http://niftychartsandpatterns.blogspot.in/2012/04/s-500-analysis-after-closing-bell_26.html
Fear not… Ben Bernanke will save the economy!
http://reddragonleo.com/wp-content/uploads/bernanke-head-out-of-your-ass.jpg
I hope none of you bears got caught today as you should all know by now that anytime the market comes to a point of decision, which it must breakout one direction or the other, it’s usually bullish. That triangle that the market was in (up until today) had the highest odds of breaking out to the upside.
Remember, it’s not time yet for the crash. Look for the week after this coming Legatus meeting for the cracks to start. Then look for early June for more cracks…
ES Resistance levels:
http://niftychartsandpatterns.blogspot.in/2012/04/s-500-futures-resistance-levels_25.html
Obviously the market has broken out to the upside (duh! What else would you expect from a rigged game?). At this point it seems likely that we will continue chopping around with an upward bias until the coming Legatus meeting is over with.
LOL… as crazy as it sounds, I would be surprised if they didn’t hit 666 on Apple before the crash!
Nice catch BH… lines up perfect with my suspected top in the market to happen in June. Note: While Legatus meetings are (and have been) important turn dates in the market, Bilderberg meeting can also be… after all, the name of the organization or group isn’t what’s important… it’s the fact that all the head reptiles will be meeting to decide the fate of the us sheep (and the stock market of course).