repost—
i came up with a theory to the end of this sideways market. involves getting AAPL,PCLN,CMG to retest rsi 50, and timing that!
==
write this on any 49th floor wall:)
the closer to april earnings season the market gets, (whilst no pullback), the higher the probability for a good pullback.
==
all those stocks that are above rsi 60. if they are still above rsi 60, april 5-9—-
they will drop to rsi 50, before earnings season starts.
a 10 to 20 point drop in rsi, on the high priced stocks is a $60 move ON those stocks
I think they are all in the future. Remember, they are putting those prints out for the insiders, and most of them are filthy rich. That means they need lots of time to unwind their long positions… not minutes, hours or days like most sheep.
The longest period required to sell your longs (for us sheep) is maybe 3 days… which is only for certain mutual fund companies that the retail sheep use. The gangsters have so much stock that they need weeks or months to unload it all, as they can’t just dump it all at once… which really would cause a crash.
What about all these recent armaggedon like FP’s. Must have seen about three or four of them here lately? Are they all in the future. OR do you think they were just errant squiggles?
on a sidenote, CPU runs at 100%, when i try to download this site red! post has too much info, i think.
repost—
i came up with a theory to the end of this sideways market. involves getting AAPL,PCLN,CMG to retest rsi 50, and timing that!
==
write this on any 49th floor wall:)
the closer to april earnings season the market gets, (whilst no pullback), the higher the probability for a good pullback.
==
all those stocks that are above rsi 60. if they are still above rsi 60, april 5-9—-
they will drop to rsi 50, before earnings season starts.
a 10 to 20 point drop in rsi, on the high priced stocks is a $60 move ON those stocks
JPM predicted from 10 days ago—yahoo eps numbers are great in the hands of a grand master…
http://zstock7.com/wp-content/uploads/2012/03/jpm-3-15.jpg
time to get short!
QQQ approaching my 68.7-69.1 short sell area, c’mon–c’mon!
AUDUSD Chart analysis:
http://niftychartsandpatterns.blogspot.in/2012/03/audusd-chart-analysis.html
We are on a new post by the way…
http://reddragonleo.com/2012/03/14/financial-astrology-april-fools-at-the-comex/
Wow, the meltup continues. What do they do to accomadate their buddies, get the printing presses going twice as hard?
Very, very well said R. D. Very well said.
I think they are all in the future. Remember, they are putting those prints out for the insiders, and most of them are filthy rich. That means they need lots of time to unwind their long positions… not minutes, hours or days like most sheep.
The longest period required to sell your longs (for us sheep) is maybe 3 days… which is only for certain mutual fund companies that the retail sheep use. The gangsters have so much stock that they need weeks or months to unload it all, as they can’t just dump it all at once… which really would cause a crash.
What about all these recent armaggedon like FP’s. Must have seen about three or four of them here lately? Are they all in the future. OR do you think they were just errant squiggles?