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S&P...how far does it fall?
Put/Call
http://www.schaeffersresearch.com/streetools/market_tools/cboe_eqpcr.aspx
China will lead the crash
http://stockcharts.com/h-sc/ui?s=$HSI&p=D&yr=0&mn=6&dy=0&id=p07495474382
At this point
I just want the corrupt, disgusting, polluted system to meet its demise.
It's sickening
I have NEVER seen a chart with that formation resolve itself in that manner.
What it says to me...?
Manipulation.
Goes to show that free markets do not exist.
JLS=angry,frustrated
The "buy the dippers" will now give up leading to the next wave down.....then it becomes "don't catch a falling knife"...total collapse.
Just about every chart I see does...worldwide collapse.
Me too...Think $HSI will crash overnight
http://stockcharts.com/h-sc/ui?s=$HSI&p=D&yr=1&mn=0&dy=0&id=p06757041916
I can't even count how many gaps need to be filled in this chart
http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=1&mn=0&dy=0&id=p93901829819
46 consumer confidence....
here comes wave 3!
That was a nice PPT pump in the first half hour to cushion that pathetic number....it will fail, however.
Even a bull would be cautious here as there are clear signs that a major reversal may be occurring. Anyone preaching otherwise may be getting compensated for providing their "alternative view".
It doesn't get more text-book than your weekly SPX E-Wave chart....thing of beauty.
It can't be THAT EASY!!??? Can it?
Please give me a WAVE 3
OT: China's lending standards
http://www.businessinsider.com/chinese-bank-regulators-announce-even-tighter-lending-conditions-2010-2?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+clusterstock+%28ClusterStock%29
my favorite quote...
"For personal lending, the CBRC asked banks to be more sophisticated in the management of the lending process, especially on the use of the loans, according to the regulation.
Borrowers will not be able to obtain loans without declaration of a specific use, and they should meet bank representatives in person to avoid false claims, according to the CBRC."
apparently they haven't been required to declare a use for the funds or meet with bank reps....sounds worse than option-arm, subprime issuance.
Thanks...I'll bookmark it...didn't know you had a thread...great charts!
Looks like a CASCADE formation
Doesn't matter to me if the next wave is a 3 or C in the monthly....I'll take either...:)
Perfect CASCADE potential
All overbought and turning down.....looks like conditions are ripe for a wave 3.
GS clearly corrective since the Jan low...wave 2 should be complete...wave 3 down any day.
http://stockcharts.com/h-sc/ui?s=GS&p=D&yr=0&mn=8&dy=0&id=p28380061276
Bradley to hit low in August not seen since Depression Crash...
From Manfred Zimmel...
1. The most important low in 1931 was set in the middle of the biggest
depression in history 1929-33.
2. The 2 nd lowest value in 1875 was in the middle of the crisis of the 1870s that
began with the crash („Gründerzeitkrach“) at the Vienna Stock Exchange in
May 1873. Afterwards the European bourses experienced the sharpest bear
market in the 19th century.
3. The 3 rd lowest Bradley index is August 2010 : isn’t it interesting that the two
historical models for the current crisis are 1931 and 1875? The reason for the
low value 2010: there are massive disharmonic angles (T-square, partly even
Grand Cross). This is the mathematical specification of the ‚cardinal climax’, a
term coined by my appreciated (always worth reading) Ray Merriman.
4. The 4 th lowest value in the chart in the early 1890s was not as spectacular, but
in the early 1890s we saw the biggest bear market in 20 years.
Reversal THURSDAY!
GS tells the story...
doesn't get more clear than this
http://stockcharts.com/h-sc/ui?s=GS&p=D&yr=1&mn=0&dy=0&id=p93901829819
OT: Another article explaining the debt dynamics
http://www.zerohedge.com/article/us-budget-projected-interest-rate-sensitivity-analysis
OT...China can destroy the entire world order at their whim...
http://www.ft.com/cms/s/0/f90bca10-1679-11df-bf44-00144feab49a.html?nclick_check=1
We are powerless to stop them...our debt has an average maturity of 50 months...China has virtually stopped buying our debt. This alone will jack rates from 3.5% to over 5.5% on the 10 year in 2010 according to Morgan Stanley and add $300 Billion in interest expense. What will that mean for refinancing and resetting all that commercial debt, $500 Billion in Option-Arms, $500 Billion in Alt-A loans? What will happen to real-estate values in a climbing interest rate environment?
What if they decide to liquidate any portion of their US Debt holdings?...
They are in the dominant position and we have allowed it to happen...No need to attack us militarily to achieve their position as the next reigning super-power...we are just giving ourselves to them piece by piece. We've already lost the war...it's just a matter of how China chooses to write the final chapter.
Breakaway GAP-DOWN for Hang Seng
As 3 of 3 begins
http://stockcharts.com/h-sc/ui?s=$HSI&p=D&yr=1&mn=6&dy=0&id=p87134103944
Thanks....party just getting started.
Bear Market rally over IMO!