FYI, The same system that flashed a crash coming back in July 07 just flashed a buy when we hit the 880s. Major bounce coming for sure over the next week.
The harder you push it down the stronger it will bounce. This is all carefully preplanned and it feels not so good that five years of hard work is lost in three months. About that nuke talk.People are either joking or not understanding the power of that arsenal. Cause if they start throwing those around you hope you had never built your bomb shelter.
On a worldwide scale crash, PPT can only operate IF USD is stablized at a particular price level. Thus by looking at the currencies, like USD/JPY suddenly pops, then significant buying of futures will kick in shortly after. PPT's buying of index future contracts require $ to back that, the operation has to be profitable. As there is no budget from the government for that, it must come from some form of loan with positive carry
There was major pain to go thru on that sell signal before it turned profitable. Hopefully it is a easier ride this time!
Hey LC, I enjoy your commentary btw. Yes this system is always early, but the turn is right around the corner.
After looking at the 60 min chart, looks like a nice basing pattern is forming for a possible move up today. Today might be the day we see an up day !!! I'm not putting my money where my mouth is yet though.