Archive for September, 2012

Fri 28 Sept

28 September 2012 - 7:13 am UTC

Significant correction commences.

Despite recurring SPX & EURUSD buy support, very overextended daily
charts will retrace substantially. They have no other choice.

Due to recent central bank intervention and short covering spikes, these
daily charts are extremely overextended and significant correction expected
very soon :
SPX,DOW,NASDAQ,NZDUSD,GBPUSD,AUDUSD,COPPER,CRUDE,GOLD,SILVER.
USD strength will return.

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Thurs 27 Sept

27 September 2012 - 2:47 pm UTC

SPX spike finishing now ?

WARNING: due to even more USD selling and EURUSD support,another
SPX short covering rally is likely. This is how crashes are caused.

Recurring USD suppression which supports stocks – just ensures that
inevitable stock sell offs are worse.

Despite recurring SPX & EURUSD buy support, very overextended equity
daily charts will retrace: they have no other option.

Tues 25 Sept

25 September 2012 - 1:46 pm UTC

Extremely overextended daily charts ensures significant correction will
happen and it should start this week.

Mon 24 Sept

24 September 2012 - 8:31 am UTC

DOW 8 hour chart shows bearish megaphone wedge.

OVERDUE CORRECTION LOOMS.
Due to recent central bank intervention and short covering spikes,
these daily charts are extremely overextended and significant correction
expected very soon:
SPX,DOW,NASDAQ,NZDUSD,GBPUSD,AUDUSD,COPPER,CRUDE,GOLD,SILVER.
USD strength will return.

Sun 23 Sept

23 September 2012 - 8:54 am UTC

Where has the volume has gone ?

Ron Paul’s Hearing On “The Price Of Money: Consequences of the Federal Reserve’s Zero Interest Rate Policy” – 22 September 2012

22 September 2012 - 5:18 pm UTC

Lucas 2012 Infos

Uploaded on21 September 2012 by CongressmanRonPaul

View original post 1,147 more words

Sat 22 Sept

22 September 2012 - 4:41 pm UTC

AAPL weekly & monthly overextended parabolic charts are at
EXTREME levels.

This will end in tears and naive longs will be badly burnt.

Fri Sept 21

21 September 2012 - 10:50 am UTC


DOW weekly chart.

Thurs Sept 20

20 September 2012 - 10:08 am UTC

Due to the latest intervention by central banks, daily charts are seriously overextended, with risk of Wile E. Coyote waterfall sell off. The topping process of daily charts has been more protracted than I expected but the bungee cord will snap back. It always does. Grossly overextended markets replete with short covering can result in nasty crashes. Due to the lack of a much needed equity retracement earlier, I’m withdrawing my proposed DOW target of 14,600. The market is too unstable and too unhealthy to project that far. Central bank intervention dominates the markets and central bank intervention also guarantees the next big crash will be worse than 2008. Presumably they will try to avoid this happening before the US elections. But it will happen eventually.  Guaranteed.

 

Daily chart significant down legs commencing ~ SPX, DOW, NASDAQ,
NZDUSD, AUDUSD, GBPUSD, PLATINUM, GOLD, SILVER, CRUDE, COPPER.

Wed Sept 19

18 September 2012 - 7:36 am UTC

NYMEX CRUDE daily chart rising wedge in progress (ie bearish)

EURJPY daily chart downtrend strengthens & more expected.

AAPL weekly & monthly overextended parabolic charts are at EXTREME
levels. This will end in tears and naive longs will be badly burnt.

Yikes ~ the bungee cord is now dangerously over stretched with
risk of WILE E. COYOTE equity sell off. This is serious.

EURUSD daily chart begins [very overdue] down leg at last.

Despite ongoing equity support & USD suppression, natural market
forces will always return – eventually.
Significant equity & commodity sell off should be this week.

PLATINUM daily chart downtrend strengthens from very overexended
level so good downside expected.

COFFEE daily chart downtrend strengthens.

All these daily charts are extremely overextended after last week
& good retracement expected very soon ~ SPX, NZDUSD, GBPUSD,
COPPER, GOLD, SILVER.