No matter what the situation, no matter how ugly, it's spun one of two ways. If the report is good, they cheer because the economy is getting better. If the report is not good, they rejoice because it will keep Bernanke printing more dollars.
Since we know they can avert a "normal" market correction, the next pulldown will have nothing to do with normalcy. Not technicals, not news, not earnings... the next pulldown will simply be when all these banks yank the rug after already positioning short in their Dark pool accounts.
We can no longer make predictions based on "any" classic methods. Now it's completely about timing. When will the criminals pull the plug?
Frankly I still think we're in the danger zone. I think it could still hit us any day. I don't think we're "clear" until we see them get the DOW over 12,400. But that's a long way away, and it's going to be stressful trying to lean long, knowing how overdue we are for their criminal cabal yank down.
Jay buy order yesterday for 200m, so SPX another 2 points. The previous 800m gave them 8 points yesterday
ReplyDeleteNo matter what the situation, no matter how ugly, it's spun one of two ways. If the report is good, they cheer because the economy is getting better. If the report is not good, they rejoice because it will keep Bernanke printing more dollars.
ReplyDeleteSince we know they can avert a "normal" market correction, the next pulldown will have nothing to do with normalcy. Not technicals, not news, not earnings... the next pulldown will simply be when all these banks yank the rug after already positioning short in their Dark pool accounts.
ReplyDeleteWe can no longer make predictions based on "any" classic methods. Now it's completely about timing. When will the criminals pull the plug?
Frankly I still think we're in the danger zone. I think it could still hit us any day. I don't think we're "clear" until we see them get the DOW over 12,400. But that's a long way away, and it's going to be stressful trying to lean long, knowing how overdue we are for their criminal cabal yank down.
ReplyDeleteMarch crash MIGHT come from Congress failure to pass funding
ReplyDelete????????
just throwing that out for thought
Jay
Jay
ReplyDeleteAlso, may come due to our Turbo Tim (Tim Geithner) resigning. His resignation is confirmed, but when is the q
Jay
ReplyDeleteI am getting 138.06 for top