Morning Charts 03/02/2015 SPX /es

Let's not mess around, I know it's Monday morning and getting slapped across the forehead it not your preference at this time, but easing into the week is not an option. Why don't we have a little hard cold truth with our coffee this morning? David Stockman Warns "It's One Of The Scariest Moments In History"

"the looming collapse of free market prosperity and the desctruction of American wealth as policymakers "take our economy in a direction that is dangerous, that is not sustainable, and is likely to fully undermine everything that's been built up and created by the American people over decades and decades." The Fed, Stockman concludes, "is a rogue institution," and their actions have led us to "one of the scariest moments in our history... it's a festering time-bomb and we're not sure when it will explode.""

Sadly this is not a case of STB propaganda fear mongering. Reality sucks when to take off the lipstick and the veil to reveal the truth. IMO you might as well get used to it and prepare for what's coming. None of us know when but with $18 trillion in debt and over $95 trillion in unfunded liabilities we're in deep doodoo. Oh, did I mention the Fed and our glorious government fearlessly leading the way. Awe inspiring confidence right there, we're in great hands. If they can't help us the Central Banks all got our backs, so rest east America. 

On to the lie - 

This you must read if you have not seen it. Plain, simple, easy to understand, Here Is The Reason Why Stocks Just Had Their Best Month Since October 2011

"buyback announcements have surged with February ($98bn) posting the  largest monthly tally on record."

SPX Daily - for those thinking that the massive 16 point pullback last week was it for this correction .... well, you may be right based on the past five years of market movement, but on the other hand you can go with the technicals, collapsing economy, global banking crisis and other worldly epidemics that are poopooed by all. I'm still swinging my well timed short from the top on the 25th. 

SPX 5m - Here is the HnS that I was discussing last week. The good news is that we missed the RS ramp that usually comes to blow up the formation. Quite the place to open a Monday morning.

Freedom watch - 

I guess this meeting was held in the Constitution Free Zone in Texas? Feds raid Texas political meeting. This ain't right at all,

“In the end, at least 20 officers corralled, searched and fingerprinted all 60 meeting attendees, before seizing all cellphones and recording equipment in a Valentine’s Day 2015 raid on the Texas separatist group.”

More to come below. 

Have a good week. 

GL and GB!

Open Weekend Post 02/28-01/2015

You know the drill, share the love and the knowledge. 

If you see it, share it. I will as well. 

I swung my short from the top Wednesday. Hating holding it over the weekend, but well up makes it somewhat more tolerable.

Prepare-We are at the Verge of Collapse Says Jonathan Cahn Author of Mystery of the Shemitah 

 

 

Have a good weekend. 

GL and GB! 

Morning Charts 02/27/2015 SPX /es

Like, DUH! Q4 GDP Revised Down To 2.2% From 5.0% The only question now is how BULLISH! will this completely dreadful news be. If bad = good then what does horrific = ? How long they can get away with playing these lies and falsifying numbers is anyone's guess. I personally think the 2% number is full of it.


On to the lie - 

Will I swing my short thru the weekend? Stay tuned in the comments below!

SPX Daily - Just patiently watching this red rising wedge play out.

SPX Weekly - Upper end of the range? Seeing this really puts the upper limit and the daily resistance into perspective.

Freedom Watch - 

Early into the addition of this portion of the blog, I've discovered it's much easier to find more relevant and real information to post here than above.

I linked this yesterday in the comments section - Obama to ban bullets by executive action, threatens top-selling AR-15 rifle
- bottom line is with net neutrality now a reality all that's left for them to take is the guns, and since they can't get the guns they will just take the ammo. 


Two more years (or more apparently if he wants them) - Obama Dares GOP: Go Ahead, ‘Have a Vote on Whether What I’m Doing Is Legal…I Will Veto’. It's so sad where we are as a country now.


More to come below. 

Have a good weekend. 

GL and GB!

Morning Charts 02/26/2015 SPX /es

Straight to the lie -

I shorted yesterday at the top. I did this for the usual reason, it was so technically out of whack that I had to. This is the third time I've publicly shorted in the past couple of years, thus I don't just do it to be doing it. One worked out really well and the other lasted about a week. Both were virtually killed by Fed speak. I've been discussing a top call as well, which I don't take lightly either. I may be early, and I will exit if necessary. I've said I would not mind if they run this over 2130. That's quite possible. This would only improve my setup. 

Bottom line is I have been warning since calling the August top that everything has been continually deteriorating economically. The market is ignoring/covering up this treating bad news as good news. This can not last. Everyone is nervous, and a nervous market is a twitchy (volatile market). 

Volatility indicates tops. I believe the Grexit deal has given them a 4 month reprieve to get their exit plans finalized. We could be in the final market window.

At least since last summer I've been warning to take your profits and run, run all the way to cash in pocket and purchasing physical with this cash. I'll reiterate my belief in that scenario at this time. this is akin to beating them at their own game. Take their false fiat profits out of their dollar and turn something fake into something real further damaging their control system. 


SPX Daily - Everything is ready but the BB width. They could not narrow it enough for real action. The fact that we're getting this pump outside of a narrow BB scenario is a bit off color.

Freedom watch -

Well, I've been warning you for years about this. It's all part of the UN Sustainable Development plan and total takeover of everything. I'm not kidding when I say that Disqus may be a pure NSA front, STB has a handler, that everyone that visits here could be put on a terrorist list or that STB could be "off air" moments after this bill is passed. Just another bill that you can't see what's in it till it is passed. How that work out for us last time? Republicans Fear Net Neutrality Plan Could Lead to UN Internet Powers 

Remember I've warned about your pension plans and 401k plans being confiscated - is this rhetoric from the VP something that you really want to hear? Black History Biden: Veep calls for 'emancipation' of people's wealth

Please see - Gun Owners Agree: Don't Trust The ATF's Ammo Regulation. This is the final step in the takeover plans to be implemented. Based on where they are here, the grand takeover may still be a few years away. 

More to come below.

Have a good day.

GL and GB!

Morning Charts 02/25/2015 SPX /es

I've said it for years in my own direct and quirky ways, the markets are not real, they are the veil hiding reality, they are the Matrix. Once again, if you don't believe me, read this The Market Is A Red Herring... Distracting Us From The Reality Of The Economy

"So it appears that this unnatural and deviant dislocation between economic health or expected future cash flows and market valuations can continue for some time to come.  Just par for the course in a world that has lenders paying borrowers.  Fucking central banks are modern day fallen angels with the power to reverse gravity.  Who even 10 years ago would have ever imagined the perversion of finance the world now considers normal."

On to the lie - 

See  Stocks In Holding Pattern Following Blow-Off Top, Oblivious Of Fed's Warning Of "Stretched" Valuations




Ringling Bros would be proud of this high wire act. Looking at this, you need not wonder why I'm considering a top call.

SPX 30m  - 
 

SPX 60m - Just nasty. The STB rising red wedge plays out one of two scenarios - it either busted and this is an drawn out backtest or this the final leg up to end the wedge. No matter how you look at it on any timeline it's a complete and utter joke at this point.

I may add a new section called Freedom Watch to the bottom of the morning posts. It would include posts such as the below one to remind you every day our freedoms are being eroded and the Constitution is not what it used to be. 

A Secret "Black Site" Revealed In Chicago: "When You Go In, You Just Disappear"




More to come below. 

Have a good day. 

GL and GB!

Morning Charts 02/24/2015 SPX /es

"On to the lie -", some may wonder why I have begun the market/chart portion of my blog posts with that specific header for years now. Some do know, some totally get it. For those that do not, for those that hear us discussing the PPT on almost a daily basis now, for those (like LIEsman) that simply will never cross that line between what's real and what is not you need to read, 

Ex-Plunge Protection Team Whistleblower: "Governments Control Markets; There Is No Price Discovery Anymore"

"there's no price discovery anymore by the market... governments impose prices on the market."

Not enough proof? Then try, 

Ten Banks, Including JPM, Goldman, Deutsche, Barclays, SocGen And UBS, Probed For Gold Rigging

"The regulator said it found “serious misconduct” among precious-metals traders at UBS, including “front running,” or trading ahead of, the silver-fix orders of one client."

Conspiracy fact is a really tough pill to swallow. This implies that you've been steadfastly on the wrong side of the truth, in bed with the idiots and propagandists, ignorant to reality and willingly participating in the dissemination of lies. If you are in this camp, then you need to read Are Conspiracy Theorists Nuts?

Total control, been saying it for years now. "'They' can't let it fall" - lord knows how many times we've discussed that. Prescribed support, no resistance, QE off/on, Fed speak, massive short slaughtering; pick a market, any market, they are all rigged at this point. This leads full circle to the STB call for an external "event" that will rip control of the markets from "them". Thus I wait to time the top, and we're getting close.


On to the lie - 

Yellen tonight and tomorrow, just as yesterday, I suspect consolidation till she speaks. Now, there should be some insider (leaked) trading/positioning today, so look for clues there. If she disappoints, downside could be significant. Remember bad=good. See, Why The Last Thing US Equity Markets Want Is Good Data


SPX Daily - Yes, I'm still thinking about calling a top. Just having some issues finalizing my thoughts. Right now price is attempting another overthrow situation where negative divergences may about to be abused again. I'd really like to see a pop above those red and green resistance diagonals to set a really nice reversal point. This is not a call, just something I'd like to see.

More to come below. 

Have a good day. 

GL and GB!

Morning Charts 02/23/2015 SPX /es

Flippin blogger ate about 45 minutes of an epic STP post this morning. This has never happened before. I'm ticked. 

Alan Greenspan Warns: There Will Be a “Significant Market Event... Something Big Is Going To Happen”

"it will most likely end in a fairly violent fashion."

Confirmation of the STB "event" call from 5 or 6 years ago from Greenspan himself? I'll file this one in the Damn I'm Good file. STB has for years now told you nothing would happen till the external (which RC corrected me to be exogenous - damn Stanford professors always right - sucks) event occurs to rip control of the market from "them". 

What's kept me from calling a top all these years? Simple, my belief in their total control of everything. The lie that this market is to hide the truth. The MATRIX does exist. What has kept me from calling the top is that I've waited on my "event", and I believe it is coming soon. Friday I mentioned calling a top in the post, more on that as I post this week. I have to wait to see what Yellen says first. 

Yellen testimony tomorrow and Wednesday are key events. 


On to the lie -

With Yellen on tap I doubt much will happen over the next day or so. Markets should be in stall mode waiting for her direction. 

SPX Daily - With the Weekly, Monthly and BP charts from Friday - this thing is more than ready for a very serious tumble. Possibly one that it can not recover from without FED direct intervention. It's quite possible that the final illusive rising wedge (red) that I've been speaking of since October may finally be playing out. 

More to come below.

Have a good week.

GL and GB!

Open Weekend Post 02/21-22/2015

You know the drill, share the love and the knowledge. 

If you see it, share it. 

What an ending to the week. Nothing like having the Grexit problems all behind us for good now. Glad that's over. All is well. 

Have a good weekend. 

GL and GB!