You are back...I haven't posted in weeks, but you make me laugh. A 60+ year old man likely sleeping with prostitutes and exploiting human beings in Thailand. If you are in Pattaya, odds are 90%. please correct me if i am wrong. please explain why you are in pattaya. Please tell us you are NOT exploiting 20 year old females as you are 65 years old.... and your gold "trades"... 3 from 1320 to 1290.....DOWN 100 POINTS. DOWN 50 plus DOWN 50... wrong, wrong.. Market up huge today.....1900 and much closer to all-time highs than some "great depression 2 calls" no friends in USA? Couldn't handle our high morals??
Your Honor, I have no time for this but ...... yet another live one caught - have a look - same-o, same-o http://www.elitetrader.com/vb/showthread.php?s=&postid=2841864#post2841864
(NEW) Gold thread is here http://www.elitetrader.com/et/index...e-horse-up-or-down-east-no-west-never.287183/ (NEW) Crude Oil thread is here http://www.elitetrader.com/et/index...e-horse-up-or-down-east-no-west-never.287182/ New American Express thread is here http://www.elitetrader.com/et/index.php?threads/american-express-target-10-or-bankrupt.287109/ Netflix thread is here http://www.elitetrader.com/et/index.php?threads/where-is-netflix-going-500-or-300.286155/unread Nasdaq Comp. thread is here http://www.elitetrader.com/et/index...tting-ready-to-take-out-all-time-high.285963/ This thread is purely Great Depression 2 discussion with Dow Jones as the yardstick for top and bottom call
Great Depression 2: At the July top that was called incorrectly as a top by me, some really extraordinary SENTIMENT-based signs occurred ...... Even the most resolute bears succumbed and went LONG Investors Intelligence reported the lowest bear reading since 1987 Wall street bear caves in .... USA Today ....... Sept 8 Wall Street Journal ... Bears capitulate ...... Sept. 9 Wall street loves stocks ... Bloomberg ...... Sept. 9 Another Wall Street bear folds .. WSJ ...... Sept 9 Another top strategist folds .. Bloomberg ...... Sept 10 Former pessimists throw in towel ... WSJ ...... Sept 15 Wall Street Journal showed this poster underneath the headline, "Bears turn docile" CROWD SENTIMENT = Over the top bullish, takes complacency to a whole new plateau. From such massive crowd sentiment environment the greatest market TOPS form - HISTORY is on my side.
What about BABA? Not much, soon to be ByBy Strongly suggested Sept 19 would be the TOP but ....... I needed more SENTIMENT evidence as ENEL & VISA IPOs didn't generate tops right away, ByBy is bigger and dumber as its success is based on a capsizing Chinese economy and commy govt.,
More interesting signs at Sept 19 top SmallCaps\LargeCaps ratio plunged right away after already being in decline mode 21-yr low in CNBC ratings ( a Fibo #) collapse in OTC bulletin board volume
As BEAR gets underway, bullmarket kings will come under the spotlight bigtime and many will be brought to their knees so far we have 2 biggies The FED and its history of deference to Goldman Sachs under scrutiny Remember 2008 what happened to Goldman? 75% crash of stock price, reputation buggered by the bailout and bad publicity stock recovered, but now we go down again and this time the scrutiny will be worse Bull market KING will get maimed by BEAR
Great Depression 2: Risk on risk-off demonstrated soooooo nicely by the breakout and rising new trend in the yield differential between junk and treasuries - ouch!!! Those who borrowed to buy junk - quadruple squared OUCH Here's what I'm saying - even if treasury yields start rising, Junk will rise much, much faster. T S U N A M I