Carl shows us PROOF, the sky is NOT falling because of the news media articles.
WELL those articles PROVE NOTHING
One of my friends laughed when i told him we could suffer another great depression.
BANKING does NOT have to be the key, NOW its Mortgages.
they also laughed at me when the dow was 1300, and I told everyone it was going to 4000
OK, dummies, KEEP on LAUGHING
I will NOW be the one taking MY MARKET winnings to the BANK.
There does seem to be a dramatic gap shown by the solar effect for Monday
EW simple view
A wave low on Aug 3
B was high on the 8th
C wave in progress
should end Tuesday at 3;30pm
BW
Jay
4 comments:
That implies that we are going to new highs after that. Does it really seem likely at this point? I don't think so...
DEAR mr Anonymous
HUH ??
Some people see green and call it blue?
I dont IMPLY.
YES the dow is ging to 18K, but NOT this year, and not next year, but by 2010 for sure.
For now, till Ocotober, you can expect the haircut to continue.
Jay
Hi Jay,
I usually look forward to your insights. I was bearish for Monday as well. But this evening's electronic session as you can see is up testing Friday's high.
What do you think of this week around Friday the 17th? Do you think that could be the tops of a bounce before a nasty drop into end of the month?
Thanks
NO gap lower this am, but this afternoon should set the stage for a low on Tuesday at 3:30 as mentioned b4.
High should occur on 22nd with another sell off 23 to 28 as mentioned b4- no change
Jay
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