Last post of 2014! Made it thru another year, thankfully. Not so sure how much I enjoyed this past year. It became so redundant and predictable. Nothing like perpetual BTFD leading to endless BTFATH. Nothing like SSDD over and over again. Let's hope 2015 will at least have some twists and turns, whether they lead to good or bad outcomes. 6 years of this shit is enough.
I gotta thank you all for another great year on the blog. New and old readers kept the love and knowledge flowing even when I went into hibernation mode the last few months. I needed a break. It's not so much a grind, but the SSDD predictable BS, knowing we're headed down the road to 1984 that hurts me inside.
Why bother charting this mess when you basically (as I've said for years) follow the Fed. Their ramps produce formless junk now that over and underthrow technical targets with regularity breaking most rules and common knowledge. Market's falling ...... wait for the Fed speak and jump right in! There is nothing to it. It's a joke. Who would have ever thought we'd be trading in a rigged market?
There is some technical merit left. Every now and then they throw us a bone to keep us in play. This usually happens on the 6th or worse negative divergence following a technically impossible overthrow, but none the less they come. The falls are rarely what is deserved usually stopping short of a valid retracement, and they are always halted by the promise of moar, moar, moar QE from here or abroad.
Is anyone doubting the STB "Event" call now? Is anyone doubting my endless rants on false flags, confiscation, rigged markets, or sustainable development? You can laugh at my calls for alien disclosure coming sooner than later, but with my track record .....
It's nothing more than one giant clusterfuck right now waiting to implode. When? Sadly no one can answer that question. Mid 2011 I called for the end Q1 of 2013 and that's when we got a perfectly timed "period of unprecedented manipulation". There is nothing you can do now but roll with what's given, take profits all the way out of the dollar and wait for the inevitable. I think I got one last run in me to take us to the end. What I will have to say will not be pretty. It will be quite dire as a matter of fact. You will have heard it all before. Remember some of you were on the fence at one time. Where are you now?
Many thanks to all of you for your support this year and in years past. Y'all make STB, not me. Y'all make this the awesome community it is, and I can't thank each of you enough. Let's continue to share the love and the knowledge in 2015 with even more fervor and gusto.
GL and GB!
Wednesday, December 31, 2014
Tuesday, December 30, 2014
Sunday, December 28, 2014
Morning Charts 12/29/2014
So, I'm closer to RC, it's gonna be below zero in the morning, the heat sort of works and LS2 is getting sick. This is my first post from my new hand me dowm iPad as well. Kids get all the goos stuff and I get sloppy seconds. Go figure.
Funny when the experts all start migrating their emd game scenarios close to something you formulated many years ago. Basically its gonna take an "event" to end this mess.
And while I'm at it, confiscation of retirement plans, it pretty much inevitable at this point I believe.
I,ll update some charts in the morning, but right now things have worked out almost exactly as called back in October. Fall, rise into xmas and set the rising wedge going into January. Markets are overbought as usual with pretty severe negative divergences while just under the most recent resistance diagonal. it's just a waiting game now for what I believe has potential to be a much larger and more violent turn.
I'll get on the computer and update some charts and get a better post out tomorrow.
have a good week and happy new year to all.
GL and GB!
Funny when the experts all start migrating their emd game scenarios close to something you formulated many years ago. Basically its gonna take an "event" to end this mess.
And while I'm at it, confiscation of retirement plans, it pretty much inevitable at this point I believe.
I,ll update some charts in the morning, but right now things have worked out almost exactly as called back in October. Fall, rise into xmas and set the rising wedge going into January. Markets are overbought as usual with pretty severe negative divergences while just under the most recent resistance diagonal. it's just a waiting game now for what I believe has potential to be a much larger and more violent turn.
I'll get on the computer and update some charts and get a better post out tomorrow.
have a good week and happy new year to all.
GL and GB!
Open Weekend Post
Sorry. First time in years I forgot to post this. Been just a little busy this holiday week.
You know the drill, share the love and the knowledge.
If you see it share it. I will as well.
Have a good weekend.
GL and GB!
You know the drill, share the love and the knowledge.
If you see it share it. I will as well.
Have a good weekend.
GL and GB!
Friday, December 26, 2014
Morning Charts 12/26/2014 SPX /es
STB still in holiday mode. Traveling this morning so I won't be around.
SPX round level search should commence again. We still gotta get through New Years before we get any hope for correction I believe.
I hope y'all had a great Xmas.
Have a good day.
GL and GB!
SPX round level search should commence again. We still gotta get through New Years before we get any hope for correction I believe.
I hope y'all had a great Xmas.
Have a good day.
GL and GB!
Thursday, December 25, 2014
Merry Christmas 12/25/2014
Merry Christmas to all!
Thanks to each of you for what you do to make STB what it is. I hope your holidays are exceptional and that Santa is good to you and yours.
GL and GB!
Thanks to each of you for what you do to make STB what it is. I hope your holidays are exceptional and that Santa is good to you and yours.
GL and GB!
Wednesday, December 24, 2014
Morning Post 12/24/2014 SPX /es
Happy Christmas Eve!
I will have another brief post up in the morning.
I hope Santa is really good to y'all and your families.
Merry Christmas!
GL and GB!
I will have another brief post up in the morning.
I hope Santa is really good to y'all and your families.
Merry Christmas!
GL and GB!
Tuesday, December 23, 2014
Morning Charts 12/23/2014 SPX /es
ATH thank you Santa and Fed for being so predictable. It's so stupid. The STB call we started discussing in October, the call for a pullback after thanksgiving to set up the rising wedge Xmas ramp to fresh new ath - I really can't describe how ridiculous this all is. LOL and there are some that think I'm brilliant. Patterns and people can be predictable especially when things are rigged. It's a total joke.
More to come below.
Merry Christmas, happy holidays and have a good day.
GL and GB!
Monday, December 22, 2014
Morning Charts 12/22/2014
STB is doing family Xmas stuff today, so I doubt I'll even check in. One should only assume the ramp to fresh new ath should be in play. What's a holiday without an appropriate ramp? I will be in the office Tuesday. I hope everyone is enjoying the holiday season.
Have a great holiday week.
GL and GB!
Have a great holiday week.
GL and GB!
Friday, December 19, 2014
Open Weekend Post 12/20-21/2014
You know the drill, share the love and Christmas spirit.
If you see it, share it. I will as well.
Just a few days left in the season, remember to celebrate the Reason.
Have a good weekend.
GL and GB!
If you see it, share it. I will as well.
Just a few days left in the season, remember to celebrate the Reason.
Have a good weekend.
GL and GB!
Morning Charts 12/19/2014 SPX /es
Sorry no post this morning. Swamped with last minute school Xmas stuff and a few errands. I'll be in by 10 and throw up some charts below then.
I'm not sure if a meaningful backtest of resistance occurred or not. SPX over the STB bull/bear line which should mean only one thing. I guess the only question left is how high can they take this farce with oil, dollar, economy all screed up as hell. If you thought ATH were ridiculous before you have to be floored fight now with how they are manipulating it today.
More to come below.
Have a good weekend.
GL and GB!
I'm not sure if a meaningful backtest of resistance occurred or not. SPX over the STB bull/bear line which should mean only one thing. I guess the only question left is how high can they take this farce with oil, dollar, economy all screed up as hell. If you thought ATH were ridiculous before you have to be floored fight now with how they are manipulating it today.
More to come below.
Have a good weekend.
GL and GB!
Thursday, December 18, 2014
Morning Charts 12/18/2014 SPX /es
What a way to start the Xmas ramp with a 44 point SPX move off the lows (biggest day of year) and back that up with the potential open this morning. See, Santa does exist.
The big news - other than Grandma doing her part yesterday - Swiss Central Bank Plunges Into NIRP, Sends Deposit Rates Negative, Scrambles Against Safe-Haven Capital Flight - Negative interest rates are good? On what planet? Maybe on the one where financial systems are flailing out of control as the global economy crashes to the ground. Seriously - they are pitching this as like really good news.
On to the lie -
SPX 5m - There could be a few more pos divs drawn here, but SC ran out of green ink. Bottom line is this chart and the 1980 area I was harping on worked really well the past week. Now that blue dashed s/r diagonal has been crossed and the 38% retracement is going to get abused this morning. There is no way the Fed was going to let price fall into that massive black hole sub 1980. I'm surprised they let it fall below 25 personally. Typical power move for the FED, and you should expect something similar up around 62% in the 2030's. STB is curious to see what happens at the 2025 area (my initial first target).
SPX Daily - Fall to set a point to set lower diagonal support for a rising wedge for the ramp into Xmas and EOY. Been saying that for some time now. See red rising wedge and what I was looking for. Now, they have to follow through here, but what I was looking for may be about to materialize. Look at the amazing run in the dollar on this chart, and note the last low and this low of TNX. 2038 area is the STB bull/bear line.
More to come below.
Have a good day.
GL and GB!
The big news - other than Grandma doing her part yesterday - Swiss Central Bank Plunges Into NIRP, Sends Deposit Rates Negative, Scrambles Against Safe-Haven Capital Flight - Negative interest rates are good? On what planet? Maybe on the one where financial systems are flailing out of control as the global economy crashes to the ground. Seriously - they are pitching this as like really good news.
On to the lie -
SPX 5m - There could be a few more pos divs drawn here, but SC ran out of green ink. Bottom line is this chart and the 1980 area I was harping on worked really well the past week. Now that blue dashed s/r diagonal has been crossed and the 38% retracement is going to get abused this morning. There is no way the Fed was going to let price fall into that massive black hole sub 1980. I'm surprised they let it fall below 25 personally. Typical power move for the FED, and you should expect something similar up around 62% in the 2030's. STB is curious to see what happens at the 2025 area (my initial first target).
SPX Daily - Fall to set a point to set lower diagonal support for a rising wedge for the ramp into Xmas and EOY. Been saying that for some time now. See red rising wedge and what I was looking for. Now, they have to follow through here, but what I was looking for may be about to materialize. Look at the amazing run in the dollar on this chart, and note the last low and this low of TNX. 2038 area is the STB bull/bear line.
More to come below.
Have a good day.
GL and GB!
Wednesday, December 17, 2014
Morning Charts 12/17/2014 SPX /es
Not much out there this morning to read check out -
Psst: How Much Systemic Debt Is In Oil?
The Great Generic Drug Rip-Off
Matt Taibbi On the Passage of the Spending Bill With Wall St Giveaway By the Senate
Obama issues 'executive orders by another name'
and most importantly for market observers -
Crude Continues Slide, Ruble Stabilizes, US Futures Rebound As Global Stocks Slump: All Eyes On Yellen
On to the lie -
SPX Daily - Critical support, this is about as low as they let UST go in the last fall and Grandma speaks today. I wondered about this area around 1980 and would they try to hold the line here. They did well yesterday till late. It another support move is happening this morning. Fall is still similar to the last one but a bit more severe.
And - He was so far ahead of his time -
More to come below.
Have a good day.
GL and GB!
Psst: How Much Systemic Debt Is In Oil?
The Great Generic Drug Rip-Off
Matt Taibbi On the Passage of the Spending Bill With Wall St Giveaway By the Senate
Obama issues 'executive orders by another name'
and most importantly for market observers -
Crude Continues Slide, Ruble Stabilizes, US Futures Rebound As Global Stocks Slump: All Eyes On Yellen
On to the lie -
SPX Daily - Critical support, this is about as low as they let UST go in the last fall and Grandma speaks today. I wondered about this area around 1980 and would they try to hold the line here. They did well yesterday till late. It another support move is happening this morning. Fall is still similar to the last one but a bit more severe.
And - He was so far ahead of his time -
Lucy Van Pelt: I know how you feel about all this Christmas business, getting depressed and all that. It happens to me every year. I never get what I really want. I always get a lot of stupid toys or a bicycle or clothes or something like that.
Charlie Brown: What is it you want?
Lucy Van Pelt: Real estate.
More to come below.
Have a good day.
GL and GB!
Tuesday, December 16, 2014
Morning Charts 12/16/2014 SPX /es
Trouble in Russia as a result from the non-currency/oil/cyber wars that are not going on no matter who says what to the contrary is finally hitting home. The Teflon has lost its non-stick surface. Something that's been hitting the wall for well over a year now finally stuck. I think this post from ZH sums it up nicely. The US global destabilization policy is finally starting to pay dividends.
Please note this - what I believe to be the single most important market related sentence in this post and one that really screws with the CB's, Fed and the potential Xmas ramp job that was expected.
And this just posted on ZH - "The USDRUB Pair Will Be Discontinued Due To Recent Instability Of The Russian Ruble"
One would assume the Ukraine crisis may escalate and the EU may have to start paying rubles for their gas - if it stays on. How many fronts can we fight a war on may be a good question at this time?
And on the home front - as STB's watched closely for years - no liquidity = no market Xmas party. You shut down their (always) well timed liquidity pump short squeezing announcements and throw a wrench in their engine and all of a sudden things are not so awesome are they.
And a must read at least for a history lesson - it seems to never repeat and we never learn from it - A Lesson For Today's Currency Crises: Black Wednesday 1992 - When Intervention Failed.
And the STB Xmas moment of the day -
George Bailey: Just a minute... just a minute. Now, hold on, Mr. Potter. You're right when you say my father was no businessman. I know that. Why he ever started this cheap, penny-ante Building and Loan, I'll never know. But neither you nor anyone else can say anything against his character, because his whole life was... why, in the 25 years since he and his brother, Uncle Billy, started this thing, he never once thought of himself. Isn't that right, Uncle Billy? He didn't save enough money to send Harry away to college, let alone me. But he did help a few people get out of your slums, Mr. Potter, and what's wrong with that? Why... here, you're all businessmen here. Doesn't it make them better citizens? Doesn't it make them better customers? You... you said... what'd you say a minute ago? They had to wait and save their money before they even ought to think of a decent home. Wait? Wait for what? Until their children grow up and leave them? Until they're so old and broken down that they... Do you know how long it takes a working man to save $5,000? Just remember this, Mr. Potter, that this rabble you're talking about... they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath? Anyway, my father didn't think so. People were human beings to him. But to you, a warped, frustrated old man, they're cattle. Well in my book, my father died a much richer man than you'll ever be! (emphasis mine)
On to the lie -
We're printing 19 handles now. Possibly 18 handles sooner than later (in January fo shizzle IMO). They need to get a handle on things. Remember how I have warned to take profits as this "market" does not fall orderly anymore, it just vaporizes.
SPX 30m - Eerily similar to the last big fall and so far with form that is discernible.
SPX Daily - can't say the neg divs and narrow BB's did not nail this turn - almost like old times. Sub 50 and 100 dma and the 200 is at 1946. STB diagonal of death (black) is just below and will be trounced at the open. This is NOT a support diagonal that is to be messed with. That black blue double support point (that would have been an STB point if I had not been so lazy charting this past month) may get abused this morning. If not, the PPT may make a stand right here no matter what the global conditions are. If not, Pandora's box is deep and wide open.
More to come below.
Have a good day.
GL and GB!
Please note this - what I believe to be the single most important market related sentence in this post and one that really screws with the CB's, Fed and the potential Xmas ramp job that was expected.
"It is so bad, US equity futures which had jumped earlier on hopes of more Chinese intervention following the latest disastrous Chinese PMI print"Futures jumped on hopes of more intervention got trumped. Anyone care to tell me the last time a hope/promise/mention of easing got blasted by a real world event? There is that word again, "event". STB - "A non-market related event that will rip control from "them"". This may not be the event, but I have a feeling that it very well could be a precursor to the big one.
And this just posted on ZH - "The USDRUB Pair Will Be Discontinued Due To Recent Instability Of The Russian Ruble"
One would assume the Ukraine crisis may escalate and the EU may have to start paying rubles for their gas - if it stays on. How many fronts can we fight a war on may be a good question at this time?
And on the home front - as STB's watched closely for years - no liquidity = no market Xmas party. You shut down their (always) well timed liquidity pump short squeezing announcements and throw a wrench in their engine and all of a sudden things are not so awesome are they.
And a must read at least for a history lesson - it seems to never repeat and we never learn from it - A Lesson For Today's Currency Crises: Black Wednesday 1992 - When Intervention Failed.
And the STB Xmas moment of the day -
George Bailey: Just a minute... just a minute. Now, hold on, Mr. Potter. You're right when you say my father was no businessman. I know that. Why he ever started this cheap, penny-ante Building and Loan, I'll never know. But neither you nor anyone else can say anything against his character, because his whole life was... why, in the 25 years since he and his brother, Uncle Billy, started this thing, he never once thought of himself. Isn't that right, Uncle Billy? He didn't save enough money to send Harry away to college, let alone me. But he did help a few people get out of your slums, Mr. Potter, and what's wrong with that? Why... here, you're all businessmen here. Doesn't it make them better citizens? Doesn't it make them better customers? You... you said... what'd you say a minute ago? They had to wait and save their money before they even ought to think of a decent home. Wait? Wait for what? Until their children grow up and leave them? Until they're so old and broken down that they... Do you know how long it takes a working man to save $5,000? Just remember this, Mr. Potter, that this rabble you're talking about... they do most of the working and paying and living and dying in this community. Well, is it too much to have them work and pay and live and die in a couple of decent rooms and a bath? Anyway, my father didn't think so. People were human beings to him. But to you, a warped, frustrated old man, they're cattle. Well in my book, my father died a much richer man than you'll ever be! (emphasis mine)
On to the lie -
We're printing 19 handles now. Possibly 18 handles sooner than later (in January fo shizzle IMO). They need to get a handle on things. Remember how I have warned to take profits as this "market" does not fall orderly anymore, it just vaporizes.
SPX 30m - Eerily similar to the last big fall and so far with form that is discernible.
SPX 60m - Well they closed the second open gap and nailed my third support diagonal at the 38% retracement. Now what? STB still looking for support to come and the rising wedge for Xmas ramp to form - although with much less gusto than before since their effort at liquidity manipulation (real/promised or not) failed miserably this morning. 66, 52 and 22 are all that's left for support and none of those points look all that strong.
SPX Daily - can't say the neg divs and narrow BB's did not nail this turn - almost like old times. Sub 50 and 100 dma and the 200 is at 1946. STB diagonal of death (black) is just below and will be trounced at the open. This is NOT a support diagonal that is to be messed with. That black blue double support point (that would have been an STB point if I had not been so lazy charting this past month) may get abused this morning. If not, the PPT may make a stand right here no matter what the global conditions are. If not, Pandora's box is deep and wide open.
More to come below.
Have a good day.
GL and GB!
Monday, December 15, 2014
Morning Charts 12/15/2014 SPX /es
Food for thought this morning - Are Your Savings Safe From Bail-Ins? The list provided in the post sounds somewhat similar to someone you've been reading daily for a few years now.
Come on, manipulation? Russians? Really? They went there? What a bunch of conspiracy kooks. Geez, what's next? Like someone is gonna think the US is directly involved in the Ukraine crisis.
Interesting to see, a lot can happen in one-half of a second - Slow Motion of Crude Oil's 1/2 Second, 90 Cent Rally. Note - half second. Man those human trades are lightning fast.
TRIA - the Terrorism Risk Insurance Act? Say what? The Unexpected Threat to Super Bowl XLIX Ahhh, what would we not be able to do without a massive government to control everything?
Very interesting, since we had the Elf and know many more that do and you may know some as well - you'll never look at that little sucker the same again after reading this - Prof: ‘Elf on the Shelf’ conditions kids to accept surveillance state
And the STB Xmas moment of the day -
On to the lie -
Xmas ramp time?
SPX 30m - Who knows? As I said all last week, the start to this fall is eerily similar to the one back in September. When SPX stopped at 55 just short of resistance I was thinking oh boy. Well, it is the holiday season and futures are scorching this morning. I'm sure they want to reassure you that you have nothing to worry about going into Xmas. Falling megaphone or channel or wedge - we can draw them all. I got my 25, 10 and almost 00 points. Right now I'm looking for backtest of 25 and will regroup there if necessary.
SPX 60m - Wasn't someone a while ago looking for a fall to create a lower support diagonal for support for a larger rising wedge and ramp to Xmas?
SPX Daily - Lower BB at 2018. 50dma at 2000. 100 is at 1987. Just keep these numbers in mind.
More to come below.
Have a good week.
GL and GB!
Come on, manipulation? Russians? Really? They went there? What a bunch of conspiracy kooks. Geez, what's next? Like someone is gonna think the US is directly involved in the Ukraine crisis.
- RUSSIAN CENTRAL BANK SAYS ORDER TO MOSCOW EXCHANGE TO HALT TRADING IN CERTAIN INSTRUMENTS TO PREVENT MANIPULATION OF EQUITY FUTURES MARKET
Interesting to see, a lot can happen in one-half of a second - Slow Motion of Crude Oil's 1/2 Second, 90 Cent Rally. Note - half second. Man those human trades are lightning fast.
TRIA - the Terrorism Risk Insurance Act? Say what? The Unexpected Threat to Super Bowl XLIX Ahhh, what would we not be able to do without a massive government to control everything?
Very interesting, since we had the Elf and know many more that do and you may know some as well - you'll never look at that little sucker the same again after reading this - Prof: ‘Elf on the Shelf’ conditions kids to accept surveillance state
And the STB Xmas moment of the day -
"Welcome, Christmas, bring your cheer. Cheer to all Whos far and near. Christmas Day is in our grasp, so long as we have hands to clasp. Christmas Day will always be just as long as we have we. Welcome Christmas while we stand, heart to heart, and hand in hand." Dr. Seussor you may prefer - (video)
Clark: Hey! If any of you are looking for any last-minute gift ideas for me, I have one. I'd like Frank Shirley, my boss, right here tonight. I want him brought from his happy holiday slumber over there on Melody Lane with all the other rich people and I want him brought right here, with a big ribbon on his head, and I want to look him straight in the eye and I want to tell him what a cheap, lying, no-good, rotten, four-flushing, low-life, snake-licking, dirt-eating, inbred, overstuffed, ignorant, blood-sucking, dog-kissing, brainless, dickless, hopeless, heartless, fat-ass, bug-eyed, stiff-legged, spotty-lipped, worm-headed sack of monkey shit he is! Hallelujah! Holy shit! Where's the Tylenol?
On to the lie -
Xmas ramp time?
SPX 30m - Who knows? As I said all last week, the start to this fall is eerily similar to the one back in September. When SPX stopped at 55 just short of resistance I was thinking oh boy. Well, it is the holiday season and futures are scorching this morning. I'm sure they want to reassure you that you have nothing to worry about going into Xmas. Falling megaphone or channel or wedge - we can draw them all. I got my 25, 10 and almost 00 points. Right now I'm looking for backtest of 25 and will regroup there if necessary.
SPX 60m - Wasn't someone a while ago looking for a fall to create a lower support diagonal for support for a larger rising wedge and ramp to Xmas?
SPX Daily - Lower BB at 2018. 50dma at 2000. 100 is at 1987. Just keep these numbers in mind.
More to come below.
Have a good week.
GL and GB!
Friday, December 12, 2014
Open Weekend Post 12/13-14/2014
You know the drill, share the love and the knowledge.
If you see it, share it. I'll do the same.
Have a good weekend.
GL and GB!
If you see it, share it. I'll do the same.
Have a good weekend.
GL and GB!
Morning Charts 12/12/2014 SPX /es
It took the lame duck congress less than three weeks to throw us as far under the bus as possible. It's almost like every voice that cried out in the last election was silenced last night. Let me see if I get how this works - O gets immigration, the GOP gets to protect the banks and we get nothing that we voted for - there you have it in a nutshell - "we the sheeple" lose on all accounts. You need to read this (h/t Souper) and The $1.01 trillion spending bill includes some new provisions that may come as a shock.
I also suggest you watch The 401-k scheme below. This bill has so many asinine things in it that you will struggle to list them all. It's hard to distinguish which one ticks me off the most (immigration, pork, spying and derivatives rank high on my list), but one really stands out - Confiscation. For literally years I've been discussing and warning about this (see Afternoon Delight 03/28/12). It's simple - any sort of retirement asset will be confiscated ($18 trillion in retirement assets and $18 trillion in debt - you do the math), and this bill helps open the door for them to begin the ultimate capital control.
It's not about us anymore. Government no longer represents the good folks that vote them into office. As a matter of fact, why don't they just let the lobbyists pick the representatives? That would be truly more representative than the voting system we have today. I don't know if congress gets it. We're pissed off as a populace, and they will feel our wrath. We can bring it, so they better be on notice.
Remember, the market is an illusion, nothing more than a distraction. It is the Matrix blurring reality.
On to the lie -
Duck and Cover? ZH went there? That's an STB oldie but goodie. Bert the Turtle and his catchy tune baby. The storm is coming. They have failed and are out of bullets - well - except the confiscation one. I can't believe after all the conspiracy fact and digesting all that we have that this coming blatant act of corruption and theft is not crystal clear to all.
SPX 30m - Watch 2025 carefully. If they hold it there (support and lower daily BB), then massive positive divergences are set at critical support. If they don't hold it there .... 2010 and then the 50cma at 00 are in line. The 38% retracement at 1982 is not out of the question either at this time. Again, sub 2025 is a dark and dangerous place. I'll mention again the similarities between this fall and the one in September are a bit freaky.
More to come below.
Have a good day.
GL and GB!
I also suggest you watch The 401-k scheme below. This bill has so many asinine things in it that you will struggle to list them all. It's hard to distinguish which one ticks me off the most (immigration, pork, spying and derivatives rank high on my list), but one really stands out - Confiscation. For literally years I've been discussing and warning about this (see Afternoon Delight 03/28/12). It's simple - any sort of retirement asset will be confiscated ($18 trillion in retirement assets and $18 trillion in debt - you do the math), and this bill helps open the door for them to begin the ultimate capital control.
"They will take our retirement accounts. They will take our 401(k)’s. They will say you have all been having such hard times earning money, so what we’re going to do is we’re going to save you. We’re going to give you government bonds… which are guaranteed… 30 year government bonds… and you will get 3% and you give us your retirement assets."
It's not about us anymore. Government no longer represents the good folks that vote them into office. As a matter of fact, why don't they just let the lobbyists pick the representatives? That would be truly more representative than the voting system we have today. I don't know if congress gets it. We're pissed off as a populace, and they will feel our wrath. We can bring it, so they better be on notice.
Remember, the market is an illusion, nothing more than a distraction. It is the Matrix blurring reality.
On to the lie -
Duck and Cover? ZH went there? That's an STB oldie but goodie. Bert the Turtle and his catchy tune baby. The storm is coming. They have failed and are out of bullets - well - except the confiscation one. I can't believe after all the conspiracy fact and digesting all that we have that this coming blatant act of corruption and theft is not crystal clear to all.
"Moreover, the central banks are now out of dry powder—– impaled on the zero-bound.That means any resort to a massive new round of money printing can not be disguised as an effort to “stimulate” the macro-economy by temporarily driving interest rates to “extraordinarily” low levels. They are already there."
SPX 30m - Watch 2025 carefully. If they hold it there (support and lower daily BB), then massive positive divergences are set at critical support. If they don't hold it there .... 2010 and then the 50cma at 00 are in line. The 38% retracement at 1982 is not out of the question either at this time. Again, sub 2025 is a dark and dangerous place. I'll mention again the similarities between this fall and the one in September are a bit freaky.
More to come below.
Have a good day.
GL and GB!
Thursday, December 11, 2014
Morning Charts 12/11./2014 SPX /es
OK, so this morning I did a really strange and out of character thing, like waaaay out of character - I went to the CNBS website. Of course the computer did not like the CNBS search I tried, but I eventually found my way to the right result. I was relieved to find it was a complete waste of time.
We've had all sorts of AI doomsayers in the news recently. Hawking even went off on it recently. GOOG even says not to fear the bots. So what are we supposed to think when the market algos become seemingly self aware and take market rigging to the ultimate level?
Something for your reading pleasure - The Economy Is Worse than During the Great Depression
STB (soon to be prophetic) "event" - call me a fear mongerer if you will, but you'll have to start lumping those that run the system in with me (or me with them) - Why Is The US Treasury Quietly Ordering "Surival Kits" For US Bankers?
I have been mentioning the budget deal. I hope y'all have been paying attention. I suggest you read Congress Just Passed Legislation Ramping Up Mass Surveillance to Super-Steroid Levels. I like the way Drudge portrayed this post - Republican Betrayal. I am truly sickened by these actions and you should be as well.
On to the lie -
Yesterday I mentioned two things the oppose each other. First my 2025 target got nailed and second this fall's beginnings are somewhat similar to the last one in September. So, I'm not jumping all over the move south, nor am I discounting its possibilities. I've long been on a move to 2025 and then the Xmas ramp.
SPX 15m - OK, I actually took the time to draw a chart. Well, what? You tell me if there has been any reason to lat a trendline in the past month? Not! What do I find on the 15m chart but an underthrow of ST positive divergences. 2063 is my bull/bear line.
SPX 30m - 2025 and an underthrow. Looking at it, form is not complete. The 3's and 5's don't work but support got nailed. As mentioned, below 2025 is a massive supportless crater.
SPX 60m - And the fall to STB's 2025 to set the potential lower support for the potential rising wedge which to complete will require the ramp into Xmas as I've been looking for since September. So we have A, B, C, D and now up to E aall in the red wedge. Well, at least that call looks 50% absolutely brilliant at this time. I do leave room for further south from here, but if so it will be quick and should stop around 1985 if it were to fall.
More to come below.
Have a good day.
GL and GB!
We've had all sorts of AI doomsayers in the news recently. Hawking even went off on it recently. GOOG even says not to fear the bots. So what are we supposed to think when the market algos become seemingly self aware and take market rigging to the ultimate level?
Something for your reading pleasure - The Economy Is Worse than During the Great Depression
STB (soon to be prophetic) "event" - call me a fear mongerer if you will, but you'll have to start lumping those that run the system in with me (or me with them) - Why Is The US Treasury Quietly Ordering "Surival Kits" For US Bankers?
I have been mentioning the budget deal. I hope y'all have been paying attention. I suggest you read Congress Just Passed Legislation Ramping Up Mass Surveillance to Super-Steroid Levels. I like the way Drudge portrayed this post - Republican Betrayal. I am truly sickened by these actions and you should be as well.
On to the lie -
Yesterday I mentioned two things the oppose each other. First my 2025 target got nailed and second this fall's beginnings are somewhat similar to the last one in September. So, I'm not jumping all over the move south, nor am I discounting its possibilities. I've long been on a move to 2025 and then the Xmas ramp.
SPX 15m - OK, I actually took the time to draw a chart. Well, what? You tell me if there has been any reason to lat a trendline in the past month? Not! What do I find on the 15m chart but an underthrow of ST positive divergences. 2063 is my bull/bear line.
SPX 30m - 2025 and an underthrow. Looking at it, form is not complete. The 3's and 5's don't work but support got nailed. As mentioned, below 2025 is a massive supportless crater.
SPX 60m - And the fall to STB's 2025 to set the potential lower support for the potential rising wedge which to complete will require the ramp into Xmas as I've been looking for since September. So we have A, B, C, D and now up to E aall in the red wedge. Well, at least that call looks 50% absolutely brilliant at this time. I do leave room for further south from here, but if so it will be quick and should stop around 1985 if it were to fall.
More to come below.
Have a good day.
GL and GB!
Wednesday, December 10, 2014
Morning Charts 12/10/2014 SPX /es
You knew it was coming -
And my favorite -
Of course may more to come between now and when the fat man comes.
On to the lie -
SPX 5m - you can't fight this - they close it off .49. 25 down and 25 up. They take a month of overbought conditions on short term charts and have them oversold in less than two days. Granted they did give back everything they took in that month in two days (as I like to warn often). The turns, swings and volatility (or lack thereof) is simply nuts.
SPX 60m - Yesterday I said to watch for the MA's as sign of reversal points. Computers like to have exact data points to deal with, so program to react at specific points. See below. I also (as I always do) warned of the backtest of busted support. A pretty solid lower low was set, now can the bears follow through? Another point is that I have been looking for a lower point to set a support diagonal for a rising wedge. IMO that's not low enough. We still have two weeks to Xmas. I'd prefer them to dip it down to the 2025 area before they ramp it for Santa, but that may have been it.
More to come below.
Have a good day.
GL and GB!
"And there were in the same country shepherds abiding in the field, keeping watch over their flock by night. And lo, the angel of the Lord came upon them, and the glory of the Lord shone round about them: and they were sore afraid. And the angel said unto them, 'Fear not: for behold, I bring unto you good tidings of great joy, which shall be to all people. For unto you is born this day in the City of David a Savior, which is Christ the Lord. And this shall be a sign unto you; Ye shall find the babe wrapped in swaddling clothes, lying in a manger.' And suddenly there was with the angel a multitude of the heavenly host, praising God, and saying, 'Glory to God in the highest, and on earth peace, good will toward men.'"
That's what Christmas is all about, Charlie Brown.
And my favorite -
“And the Grinch, with his Grinch-feet ice cold in the snow, stood puzzling and puzzling, how could it be so? It came without ribbons. It came without tags. It came without packages, boxes or bags. And he puzzled and puzzled 'till his puzzler was sore. Then the Grinch thought of something he hadn't before. What if Christmas, he thought, doesn't come from a store. What if Christmas, perhaps, means a little bit more.” ― Dr. Seuss, How the Grinch Stole Christmas!
Of course may more to come between now and when the fat man comes.
On to the lie -
SPX 5m - you can't fight this - they close it off .49. 25 down and 25 up. They take a month of overbought conditions on short term charts and have them oversold in less than two days. Granted they did give back everything they took in that month in two days (as I like to warn often). The turns, swings and volatility (or lack thereof) is simply nuts.
SPX 60m - Yesterday I said to watch for the MA's as sign of reversal points. Computers like to have exact data points to deal with, so program to react at specific points. See below. I also (as I always do) warned of the backtest of busted support. A pretty solid lower low was set, now can the bears follow through? Another point is that I have been looking for a lower point to set a support diagonal for a rising wedge. IMO that's not low enough. We still have two weeks to Xmas. I'd prefer them to dip it down to the 2025 area before they ramp it for Santa, but that may have been it.
More to come below.
Have a good day.
GL and GB!
Tuesday, December 9, 2014
Morning Charts 12/09/2014 SPX /es
I suggest - Surveying The Carnage: Bullion Bounces, 30 Year Below 2014 Lows, Stocks Dump
You need to read this - it has potential (is proven) to be market related, STB "event" related and is IMO potentially their final "out" related - Why Are U.S. ‘News’-Media Ignoring Important News?
Also see this and this and this.
On to the lie -
Well, maybe that post turkey day tumble (that was postponed from last week) that we've been anticipating for some time now is finally about to happen. Don't get too excited, it seems everyone knows this is not the big one and any dip will only be responded to with another holiday ramp (as all STB readers have come to know and love over the years). It's after Xmas that I'm focused on.
SPX 30m - Mentioned NT support yesterday. It's gonna fail badly at the open. 1980 is the 38% retrace of the move off the October lows. This may not be a concern as they rarely let price fall to this key metric. I still like the 2025 area as a target.
SPX 60m - A formless lump of nothing is what this run has amounted to. Back before turkey day I was looking for a fall to set a lower rising wedge support diagonal (a "D" point), and then for the run to finish in a nice and tidy rising wedge. Maybe that's what we're about to get here with some (possible) sort of pullback and then ramp into Xmas. Watch the MA's on the 30m - Daily charts for obvious support points. Note both the 30 and 60m charts will be oversold right after the open this AM but also critical NT support will be gone. A potential backtest of busted blue support should always be considered.
More to come below.
Have a good day.
GL and GB!
You need to read this - it has potential (is proven) to be market related, STB "event" related and is IMO potentially their final "out" related - Why Are U.S. ‘News’-Media Ignoring Important News?
Also see this and this and this.
"Or is the biggest news-story of our time actually that cover-up itself: the control of virtually all of our ‘news’-media by the same aristocracy — the same interconnected group of billionaires and their servants (including their ‘news’ executives)? And, if that’s the case, then how will the public even possibly come to know about the biggest news-story of our time?
Worth a look for consideration - Must-Know Facts about the Chokehold Killing of Eric Garner and - LeBron, Irving in 'I Can't Breathe' tees.After all, when it’s the case that the “U.S. House Votes 98% to Donate U.S. Weapons to Ukraine; U.S. Public Is 67% Against. Is this Democracy?” the question that’s being asked there is a very serious one, indeed."
On to the lie -
Well, maybe that post turkey day tumble (that was postponed from last week) that we've been anticipating for some time now is finally about to happen. Don't get too excited, it seems everyone knows this is not the big one and any dip will only be responded to with another holiday ramp (as all STB readers have come to know and love over the years). It's after Xmas that I'm focused on.
SPX 30m - Mentioned NT support yesterday. It's gonna fail badly at the open. 1980 is the 38% retrace of the move off the October lows. This may not be a concern as they rarely let price fall to this key metric. I still like the 2025 area as a target.
SPX 60m - A formless lump of nothing is what this run has amounted to. Back before turkey day I was looking for a fall to set a lower rising wedge support diagonal (a "D" point), and then for the run to finish in a nice and tidy rising wedge. Maybe that's what we're about to get here with some (possible) sort of pullback and then ramp into Xmas. Watch the MA's on the 30m - Daily charts for obvious support points. Note both the 30 and 60m charts will be oversold right after the open this AM but also critical NT support will be gone. A potential backtest of busted blue support should always be considered.
More to come below.
Have a good day.
GL and GB!
Monday, December 8, 2014
Morning Charts 12/08/2014 SPX /es
I'll just start and end with Even The BIS Is Shocked At How Broken Markets Have Become. I love the ZH summation -
When I first saw the title of that post I was like ... what? The BIS is the kingpin of all, so here you have the ultimate CYA propaganda piece. This is not the first CYA statement to come from a bank, brokerage firm or news agency. They seem to be popping up with a bit more frequency. They all need one major piece that they can point to after the fact with an "I told you so" moment.
Maybe you should read - We've Habituated To A Rigged, Fraudulent Market.
Negative interest rates? NIRP? Here? But, but, but .... all is well. STB would phrase this as ultimate risk on pressure. It is also a step closer to an end game scenario. It is confirmation of all the wrong we've observed.
As for the budget bill - Apparently we've lost all control of DC. This must be the last big one cause they fear the newly elected and the voice of the sheeple that spoke so loudly the last election. I brought this up last week and will have you read about it again for emphasis - DC is out of control. Watchdogs brace for surprises in massive $1.014T spending bill
On to the lie -
A simple new weekly chart - Overthrowing LT resistance. I like the convergence of the 38% retracement at the 200wma at the prior ATH. Your ultimate bail point - when price goes sub the 100 wma. Remember, you can ride this thing up as long as you want, but as proven and as noted - it takes back gains really fast when it turns.
More to come below.
Have a good week.
GL and GB!
"And here is the rub, because for the BIS to be complaining about broken markets is nothing short of peak hypocrisy."
When I first saw the title of that post I was like ... what? The BIS is the kingpin of all, so here you have the ultimate CYA propaganda piece. This is not the first CYA statement to come from a bank, brokerage firm or news agency. They seem to be popping up with a bit more frequency. They all need one major piece that they can point to after the fact with an "I told you so" moment.
Maybe you should read - We've Habituated To A Rigged, Fraudulent Market.
Negative interest rates? NIRP? Here? But, but, but .... all is well. STB would phrase this as ultimate risk on pressure. It is also a step closer to an end game scenario. It is confirmation of all the wrong we've observed.
As for the budget bill - Apparently we've lost all control of DC. This must be the last big one cause they fear the newly elected and the voice of the sheeple that spoke so loudly the last election. I brought this up last week and will have you read about it again for emphasis - DC is out of control. Watchdogs brace for surprises in massive $1.014T spending bill
“We would watch it with great concern because of the fact that it could open the door to special interests having more influence over all of federal policy and certainly the budget than they even do now,”
On to the lie -
A simple new weekly chart - Overthrowing LT resistance. I like the convergence of the 38% retracement at the 200wma at the prior ATH. Your ultimate bail point - when price goes sub the 100 wma. Remember, you can ride this thing up as long as you want, but as proven and as noted - it takes back gains really fast when it turns.
More to come below.
Have a good week.
GL and GB!
Friday, December 5, 2014
Open Weekend Post 12/06-07/2014
You know the drill, share the love and the knowledge.
If you see it, share it. I will as well.
So much going down hard to put a finger on any one issue. Bottom line is QE is all that matters to lift the markets to hide the truth till the end comes.
Have a good weekend.
GL and GB!
If you see it, share it. I will as well.
So much going down hard to put a finger on any one issue. Bottom line is QE is all that matters to lift the markets to hide the truth till the end comes.
Have a good weekend.
GL and GB!
Morning Charts 12/05/2014 SPX /es
To put the cherry on top of the overly nauseating actions of the US government (term used lightly) this year, Congress fast-tracks bills loaded with special interest projects in year-end rush.
Garner/police protests growing for good reason. It took a while to find the right catalyst to get whites and blacks in the streets together, but they are there and in large numbers. Shoot/choke first actions that lead to unnecessary deaths should not be tolerated and can not set precedent. Hopefully this movement can grow and expand its focus to TBTJ and the crimes of the elite.
It's really not worth discussing anything financial anymore. Pick the day, identify numerous stories/lies set to guide the market in whatever (up) direction they want, all at perfectly timed at specific periods of need, it's a joke.
On to the lie -
SPX Daily - Do negative divergences mean anything anymore? Does most overbought at anytime in history have any bearing/meaning? Does anything technical or fundamental have any bearing on the markets? No, no and no would be the appropriate answers to all the above. The STB "event" is the only thing that's going to stop them.
More to come below.
Have a good weekend.
GL and GB!
Garner/police protests growing for good reason. It took a while to find the right catalyst to get whites and blacks in the streets together, but they are there and in large numbers. Shoot/choke first actions that lead to unnecessary deaths should not be tolerated and can not set precedent. Hopefully this movement can grow and expand its focus to TBTJ and the crimes of the elite.
It's really not worth discussing anything financial anymore. Pick the day, identify numerous stories/lies set to guide the market in whatever (up) direction they want, all at perfectly timed at specific periods of need, it's a joke.
On to the lie -
SPX Daily - Do negative divergences mean anything anymore? Does most overbought at anytime in history have any bearing/meaning? Does anything technical or fundamental have any bearing on the markets? No, no and no would be the appropriate answers to all the above. The STB "event" is the only thing that's going to stop them.
More to come below.
Have a good weekend.
GL and GB!
Thursday, December 4, 2014
Morning Charts
Forgot I had a board mtg this morning. So I'm in the meeting now posting this. I'll get something more substantial up later.
Wednesday, December 3, 2014
Morning Charts 12/03/2014 SPX /es
We're so screwed. Sessions: House GOP Is On the Verge Of Breaking 2014 Campaign Promises - if this is so our worst fears are going to be realized. The control state is in place, the dream of a two party system is truly dead and our political system is a complete farce. The end of the once great constitutional system is here. We are on the fast track to becoming a socialist state.
I suggest you watch Wag the Dog, The Ferguson Edition. Behind the scenes footage that the government and bought and paid for MSM does not want you to see. What was Ferguson all about? A coordinated and planned expansion of the police state.
It's sad and beyond frustrating. Leading up to and after the crash of '08 the constitutional system still had some teeth. Bush and Cheyney planted the seeds of destruction that Obozo has fertilized and caused to flourish. I've been bitching about the coming of this for years. I'm sure most thought I was nuts.
Conspiracy fact my friends. When do we stop it? I used to be able to discuss the events of the week and address them concisely when there were four or five consecutive occurring. Now we have 10, 20 100 events simultaneously going down that are all major players in the global collapse. This shitstorm is growing not subsiding.
There is only one way this all ends. History repeats its self. Look for the STB event. It won't be hard to see. Every global war has started with a false flag and one is coming sooner than later. O will have his (their) war. There is no other way out. They are preparing us for occupation, capital controls, complete submission to their will.
They will prey on our national conscience and do-good nature. The FF is coming, it will be first. This will ignite symbolism and fear. We will then want to submit to government all our freedoms. Then the big war comes and we will be forced to submit literally everything for the good of the nation. The constitution free zones that exist will soon cover the nation.
Coming out of the back end of all of this will be a new nation with new laws and a new government. Think UN Sustainable Development. My goodness, they are not even trying to hide it. Their plans (your future) is right there for you to see.
On to the lie -
SPX 60m - there is no pattern. I thought that they'd at least allow a corrective to form a support diagonal for a rising wedge, but noooooo. That was not an option. They just kept on pushing. If that does not look like the greatest bear trap ever, super rally after a 10% correction, I have no clue what else it could be. Well, then again we are dealing with a 100% manipulated POS market. Don't forget that. And some wonder why I have not bothered to update my chartbook for a few weeks - why bother? What's the point anymore?
More to come below.
Have a good day.
GL and GB!
I suggest you watch Wag the Dog, The Ferguson Edition. Behind the scenes footage that the government and bought and paid for MSM does not want you to see. What was Ferguson all about? A coordinated and planned expansion of the police state.
It's sad and beyond frustrating. Leading up to and after the crash of '08 the constitutional system still had some teeth. Bush and Cheyney planted the seeds of destruction that Obozo has fertilized and caused to flourish. I've been bitching about the coming of this for years. I'm sure most thought I was nuts.
Conspiracy fact my friends. When do we stop it? I used to be able to discuss the events of the week and address them concisely when there were four or five consecutive occurring. Now we have 10, 20 100 events simultaneously going down that are all major players in the global collapse. This shitstorm is growing not subsiding.
There is only one way this all ends. History repeats its self. Look for the STB event. It won't be hard to see. Every global war has started with a false flag and one is coming sooner than later. O will have his (their) war. There is no other way out. They are preparing us for occupation, capital controls, complete submission to their will.
They will prey on our national conscience and do-good nature. The FF is coming, it will be first. This will ignite symbolism and fear. We will then want to submit to government all our freedoms. Then the big war comes and we will be forced to submit literally everything for the good of the nation. The constitution free zones that exist will soon cover the nation.
Coming out of the back end of all of this will be a new nation with new laws and a new government. Think UN Sustainable Development. My goodness, they are not even trying to hide it. Their plans (your future) is right there for you to see.
On to the lie -
SPX 60m - there is no pattern. I thought that they'd at least allow a corrective to form a support diagonal for a rising wedge, but noooooo. That was not an option. They just kept on pushing. If that does not look like the greatest bear trap ever, super rally after a 10% correction, I have no clue what else it could be. Well, then again we are dealing with a 100% manipulated POS market. Don't forget that. And some wonder why I have not bothered to update my chartbook for a few weeks - why bother? What's the point anymore?
More to come below.
Have a good day.
GL and GB!
Tuesday, December 2, 2014
Morning Charts 12/02/2014 SPX /es
$18,000,000,000,000.00 that's a big number. Remember back in 2008 when a billion used to be considered a big number? Billion became the new million and now trillion is the common everyday ho hum number we all throw around like it's no big deal. Our socialist leader is doing his part to expand that number as fast as humanly possible.
Give the man two more years and he's right on pace to double the debt in 8 years and destroy the economy all at the same time. That's quite a feat. It appears to me potus is living his dream. He's taking down America from the inside out and leaving it in ruins. It must be a tough job trying to destroy the worlds greatest democracy and turning it into a socialist shitbin.
One would think that with $10 trillion spent we'd have no homeless, no one on food stamps, welfare would be minimized, healthcare would be free, jobs for everyone and many other wonderful things would have been accomplished. Wait, that sounds like every broken promise from his original hope and change campaign.
Instead the money has disappeared into the Federal Reserve and the banking system. Instead of a period of great prosperity, we're in economic hell. Never mind the $18 trillion in debt, maybe we should worry more about the $115,742,059,000.00 in unfunded liabilities we owe. (that's in trillions again)
Simple math folks. We can never pay off our debts, we can barely afford the minimal payments on just the interest and if interest rates rise at all we're busted. Simple math. We are that close to complete financial meltdown and sadly the only course of action left is to keep on printing.
Well, there is another course. Did you know that there is $18 trillion in retirement savings in America's coffers? Hmmm, $18 trillion, that would be just enough to pay off ..... Yup, capital controls, confiscation of wealth, the US Retirement system is about to be raided. All for the good of the country.
Obummer's the right man for the job. A heartless bonehead socialist that would love nothing more than to take all your hard earned savings and redistribute it evenly across all of America. Now that is only one way this can happen, and that requires my "event" and a war which both are being setup like bowling pins right now.
Here the markets sit near all time highs and look around you at the glaring despair and waste. The market is nothing more than a great illusion, the ultimate propagandist tool to keep us all in our place till the final collapse.
We discuss oil, gold, silver, dollar enough for you to know what's going on. I'll reiterate again, take your profits all the way out of the system, all the way out of the dollar if you want to protect a portion of your wealth. I still contend that 10% of your assets in physical gold will insulate your wealth 100%. Yes, I think gold will rise that much. They have two years under the current potus to get this done. that's your window and it is closing rapidly.
On to the lie -
BP SPX -
Index comparison - See The World's Largest Stock Market Index Is Flashing Red
SPX Monthly - End game.
More to come below.
Have a good day.
GL and GB!
"It also means that total US debt has increased by 70% under Obama, from $10.625 trillion on January 21, 2009 to $18.005 trillion most recently."
Give the man two more years and he's right on pace to double the debt in 8 years and destroy the economy all at the same time. That's quite a feat. It appears to me potus is living his dream. He's taking down America from the inside out and leaving it in ruins. It must be a tough job trying to destroy the worlds greatest democracy and turning it into a socialist shitbin.
One would think that with $10 trillion spent we'd have no homeless, no one on food stamps, welfare would be minimized, healthcare would be free, jobs for everyone and many other wonderful things would have been accomplished. Wait, that sounds like every broken promise from his original hope and change campaign.
Instead the money has disappeared into the Federal Reserve and the banking system. Instead of a period of great prosperity, we're in economic hell. Never mind the $18 trillion in debt, maybe we should worry more about the $115,742,059,000.00 in unfunded liabilities we owe. (that's in trillions again)
Simple math folks. We can never pay off our debts, we can barely afford the minimal payments on just the interest and if interest rates rise at all we're busted. Simple math. We are that close to complete financial meltdown and sadly the only course of action left is to keep on printing.
Well, there is another course. Did you know that there is $18 trillion in retirement savings in America's coffers? Hmmm, $18 trillion, that would be just enough to pay off ..... Yup, capital controls, confiscation of wealth, the US Retirement system is about to be raided. All for the good of the country.
Obummer's the right man for the job. A heartless bonehead socialist that would love nothing more than to take all your hard earned savings and redistribute it evenly across all of America. Now that is only one way this can happen, and that requires my "event" and a war which both are being setup like bowling pins right now.
Here the markets sit near all time highs and look around you at the glaring despair and waste. The market is nothing more than a great illusion, the ultimate propagandist tool to keep us all in our place till the final collapse.
We discuss oil, gold, silver, dollar enough for you to know what's going on. I'll reiterate again, take your profits all the way out of the system, all the way out of the dollar if you want to protect a portion of your wealth. I still contend that 10% of your assets in physical gold will insulate your wealth 100%. Yes, I think gold will rise that much. They have two years under the current potus to get this done. that's your window and it is closing rapidly.
On to the lie -
BP SPX -
Index comparison - See The World's Largest Stock Market Index Is Flashing Red
SPX Monthly - End game.
More to come below.
Have a good day.
GL and GB!
Monday, December 1, 2014
Morning Charts 12/01/2014 SPX /es
STB's struggling with dealing with the constant lies and control "they" have over virtually everything. I'm at a "what's the point" point. It's very annoying knowing that your country is being destroyed, freedoms are being lost, sheep are being herded and we are so blind/ignorant/apathetic to the situation as a whole.
We're gonna lose everything if we're not careful. At best we're headed to rock bottom, yet folks roll on along like they are safe from the police, safe from the government, safe from the banks, safe from the corporations and conglomerates when the exact opposite is true.
On to the lie -
If they don't correct it this week to some degree, then the ramp continues. what looks like should occur is a brief pullback then ramp to set negative divergences for the daily chart then a breakdown. Of course what will occur is what they want to occur and nothing more, so be careful second guessing their system.
Daily SPX - Ready for reversal or worse.
Oil - to put the targets they speak of into perspective.
More to come below.
Have a good week.
GL and GB!
We're gonna lose everything if we're not careful. At best we're headed to rock bottom, yet folks roll on along like they are safe from the police, safe from the government, safe from the banks, safe from the corporations and conglomerates when the exact opposite is true.
On to the lie -
If they don't correct it this week to some degree, then the ramp continues. what looks like should occur is a brief pullback then ramp to set negative divergences for the daily chart then a breakdown. Of course what will occur is what they want to occur and nothing more, so be careful second guessing their system.
Daily SPX - Ready for reversal or worse.
Oil - to put the targets they speak of into perspective.
More to come below.
Have a good week.
GL and GB!
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