Replies to post #119450 on Zeev's Turnips Patch-No Politics (ZEEV)

[mojo90291]

Well said Westpacific,

I like this. Traders must learn and grow daily, weekly for
life. If you win or lose, its all part of the game.

To all us fathers. HAPPY FATHERS day tomorrow. I hope
our families appreciate us working together 24/7 to improve
the quality of our lives and helping each other.

Mojo

[westpacific]

This is what is close to unfolding.....

Brought to you by a few very powerful bankers that only care about greed. (and this is what Hitler hated the most - BANKERS!)

Are you prepared, you better be or you will be in agony....

Do not mean to create fear, just think about what is unfolding!

-------
"Debt Bubble exploding uncontrolled with millions of people all over the world suddenly becoming destitute, and that might be soon, will bring total disaster. Destitute people in rage, who have nothing to lose, are like a herd running wild, trampling and destroying all what is in their way. Storming the Banks, riots, blood running in the streets, revolution, even war. The prospects look grim."

[Fletch]

<<<<All technicals show this is still a BEAR MARKET RALLY, period and end of sentence........and we are right at KEY FAILURE POINTS.>>>>>

Hey West,
I tend to agree with you that this was a bear market rally but the meaning of a bear market has now changed in my mind. I'm of the opinion that most of the bubble has been worked off and we may be in a base building or trading range stage. Some stuff was really beaten down and still has up side. Do we retest the lows? I would like that myself but it's hard to say. Like Zeev says about 1500 "we must see how we get there".

Just looking at a three year chart of the biggest bubble, the NAZ, I think we may have seen the lows last October. At least until after the election is over with.

All IMVHO,
Fletch

PS To all fathers (of which I'm one) Happy Father's Day!

Towards the end, notice the bullish cup with handle look.