Open Weekend Post 02/11-12/12

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

First some props for STB - Top 5 trading blogs of the week: 9 Feb - Welcome to YTE Blogs. This is the second time they have bestowed this honor. Thanks YTE!

A couple of charts to show you what may happen. They have done us really well since early December. Right now we sit on pins and needles as support barely hangs on. Things really don't look good. We've all been watching this top set for weeks now. Can the Fed run it another month, or has their team splintered and been given the OK to take profits here, let the markets fall and then set up the move for QE3? Greece is hopeless and everyone but the bulltards knows it.

Minis 4hr - long - More detail with the chart below, but you can see the yellow channel we've been working for months running into resistance (red).

Open Weekend Post 01/07-08/12

You know what to do, share the love and the knowledge. Remember this is the year of involvement on STB. Everyone needs to talk up the challenges we are facing as a nation and a planet and get the word out to as many as possible.

This weekend I will focus on a man who's opinions I have come to trust and value greatly. Read about Dr. Paul Craig Roberts (PCR) here. His experience and resume are very impressive, "President Reagan appointed Dr. Roberts Assistant Secretary of the Treasury for Economic Policy and he was confirmed in office by the U.S. Senate. From 1975 to 1978, Dr. Roberts served on the congressional staff"

Dr. Roberts has a wonderful post I would like all of you to read. The Dismal Economic Outlook For The New Year - PaulCraigRoberts.org. Do you like the title? LOL, what else would I deliver, right? No, I am not sick, just a realist.