You know the drill, share the love and the knowledge.
I'm still mulling whether to call a top or not. I got a bit of a reprieve Friday with that nice little ramp courtesy of the Bernank's "we'll ease if we gosh darn please" comments and a few other developments that gave the markets an apparent renewed shot of hopium. As evidenced, these markets can change direction in a moment.
I think everyone is a bit fed up (pun intended) with what's going down right now. Most any sane person knows that the battle being waged by the financial elite is pointless and will only end in devastating financial ruin with us all basically having everything stolen from us. If that does not happen us (and the next few generations) will wind up as debt slaves to the elite.
What a wonderful situation we have found ourselves in. They will feed you a line of bull a mile long that they have the tools to fix everything when we all know that they are manipulating everything. No wonder everyone is so annoyed. Just imagine how ticked we're all gonna be when they manage to extend and pretend one or two more times averting the inevitable?
As shown all week, the charts are ready. The question is then, is the Fed?
Have a great weekend.
GL and GB.