Morning Market Summary and Charts 03/01/12 $ES #SPX

Everything points to a March event near the FOMC meeting. Maybe that is just the beginning and it gets cranked up before the Greece default.

FOMC Meeting Chart -

Cycle Lines Target Chart -

Afternoon Delight 02/21/12 $OEX $NDX $TNX #CPC

What a mess.

Here are a few charts -

NDX - This is the chart I was showing earlier. That last pop on the right above resistance is remarkable to say the least. The upper monthly BB is now solidly in play which should cap things (well, in a non liquefied real market it would).

Morning Post 01/18/12 (SPX)

Let's not mince words this morning and make this really simple - we're all fucked and if you don't know that and don't start preparing for the worst case scenario that's your fault. Quit listening to the lame stream media that wants you to buy into the hopium story. Good example - Liesman on CNBS this morning simply asking the question, "Do you believe the market will rise 30% on a Romney election?" Quit listening to the broker dealers and their advisers that count on you for generating fees to support their excessive undeserved salaries. It is all a bunch of shit.

Got that? You better. Tale it from the, "World Bank urges developing economies to “prepare for the worst” as it sees risk for European turmoil to turn into global financial crisis reminiscent of 2008". World Bank Cuts Economic Outlook, Says Europe Is In Recession, Warns Developing Economies To "Prepare For The Worst" | ZeroHedge. Did you read the AD last night? If not go back and read the opening section.

It is all about stimulus and how much money can be thrown at the problem. Folks, realize that we have been throwing money at this problem since 2008 and have done nothing to fix any of the issues. It is the banksters and Wall St. against you and me. The fraud and raping of the middle class wealth funneling everything to the financial institutions creating a new phenomena called debt serfdom. Quick note on the presidential candidates, Ron Paul is the only one that will stop this.

Let's do a full chart review like we did last week -

Daily SPX - Resistance diagonal (black) at resistance area (pink) with weakening underlying indicators.

CPC Extremes

For your Sunday digestion. Pretty telling if you ask me. This week should be interesting. GL!