looks like a decent short from here

stop put at good old high of the day.

 

Gold is gonna correct. Might as well go long on equities.

 

I think after the Bernank is the short. We may hit 1250 before we
drop...

 

the markets have become as backwards as the politics that moves them


somethings gotta give in the next couple years

 

I have stopped looking at the fundamental side of things, and am strictly focusing on the setups that the charts give me. I used to have CNBC on while I watched the market, and found that it led to nothing but confusion as I tried to figure out whether good news was good or bad, and vice-versa.

Now I am of the belief that the action is controlled by a small group of investors/companies with more capital than the GDP of most nations, and it is up to me to watch the price action for directional signals.

The more I learn, the less I know. Or in the words of singer Jackson Browne, "I'm gonna be a happy idiot, and struggle for the legal tender..."

 

gonna be short squeezed

 

Hope someone makes some money

 

Technically we are squeezing into a 1220 to 1250 turnaround.

On the charts that looks like next week. Tu, Wed, or Thursday. Have a look at this.


http://www.scribd.com/doc/65001389/Document-1

http://www.zerohedge.com/news/septe...eek-default-day

http://www.bloomberg.com/news/2011-...-on-easing.html

Read these carefully. We are nearing a key turning point.

Oh yeah and this is my 666 post.

 

Dios mio, tu eres el diablo!!!

:eek:

 

the last link does not work