itiswhatitis Posted October 15, 2009 Report Share Posted October 15, 2009 Well, any minute now.... "Two trading days are pending in our 12 October Sharp in stock and metals. Normally it takes 12 to 36 hours for results so sharp fall in stocks and metals will take place either on 12 or 13 of October, and from there down ward journey will start for the next 45 days." http://www.mahendraprophecy.com/LatestFlas...=494&Page=2 Link to comment Share on other sites More sharing options...
T_Slim Posted October 15, 2009 Report Share Posted October 15, 2009 Yep, I really thought that 75.50ish would contain this decline before a good bounce....What was I thinking? If 74.50 don't hold it might be heading to the 71 area Looks like the dow wants the 50 ret level thats 10300 . . . ugghhhh. Just get there and let the bear party get started . . . Link to comment Share on other sites More sharing options...
TenaciousG Posted October 15, 2009 Report Share Posted October 15, 2009 It feels like the $DX may be beginning to collapse here - staying up tonight to watch and maybe trade the currencies Link to comment Share on other sites More sharing options...
BusKow Posted October 15, 2009 Report Share Posted October 15, 2009 if Uncle Bucky can hold the minor down channel...the 73 area might mean something Link to comment Share on other sites More sharing options...
BusKow Posted October 15, 2009 Report Share Posted October 15, 2009 [snip]Looks like the dow wants the 50 ret level thats 10300 . . . ugghhhh. Just get there and let the bear party get started . . . weekly looks like 10.8 is likely res Link to comment Share on other sites More sharing options...
Speakeasy Posted October 15, 2009 Report Share Posted October 15, 2009 Geez. I go to Brooklyn for a few days and youse guys lets it get all scraood up. Bucky bustin' lows and the fraudex's bustin' highs. Anyway, just had time to look at a few charts and lots to do to catch up. Link to comment Share on other sites More sharing options...
Charmin Posted October 15, 2009 Report Share Posted October 15, 2009 Now we see the top of the weekly supply bar at 1097 and a trend line come into focus and 1/2 back with some braking divergence going on. There is lots of urgency to get there. SPX http://www.StockSharePublishing.com/ChartL..._1255569744.png If we don't trend further from here we may put in a daily braking divergence. It's gunna take a big steel I-beam to stop these bulls. http://www.StockSharePublishing.com/ChartL..._1255569865.png Link to comment Share on other sites More sharing options...
Charmin Posted October 15, 2009 Report Share Posted October 15, 2009 I'm watching to see if the Nikkie bounces off of the red 50ma and continues to underperform. It's the world index watch. http://www.StockSharePublishing.com/ChartL..._1255570197.png Link to comment Share on other sites More sharing options...
T_Slim Posted October 15, 2009 Report Share Posted October 15, 2009 weekly looks like 10.8 is likely res Yeah there are a lot of obstacles to get through for sure . . . Link to comment Share on other sites More sharing options...
quanta Posted October 15, 2009 Report Share Posted October 15, 2009 Team coverage today on Bloomberg by the Money Honeys as the Dow Jones Industrial Average crossed 10,000 intra-day, led by J.P. Morgan, in a move that surely epitomizes the illusions of wealth granted by modern accounting practices. "At what point shall we expect the approach of danger? By what means shall we fortify against it? Shall we expect some transatlantic military giant, to step the Ocean, and crush us at a blow? Never! All the armies of Europe, Asia and Africa combined, with all the treasure of the earth (our own excepted) in their military chest; with a Buonaparte for a commander, could not by force, take a drink from the Ohio, or make a track on the Blue Ridge, in a trial of a thousand years. At what point, then, is the approach of danger to be expected? I answer, if it ever reach us it must spring up amongst us. It cannot come from abroad. If destruction be our lot, we must ourselves be its author and finisher. As a nation of freemen, we must live through all time, or die by suicide." Abraham Lincoln. Jesse's Café Américain Link to comment Share on other sites More sharing options...
phatbubble Posted October 15, 2009 Report Share Posted October 15, 2009 Holy Crap Bruce Wasserstien kicks the can I wonder if he was able to take any with him? Him and Capn Lou Link to comment Share on other sites More sharing options...
phatbubble Posted October 15, 2009 Report Share Posted October 15, 2009 Well, any minute now.... "Two trading days are pending in our 12 October Sharp in stock and metals. Normally it takes 12 to 36 hours for results so sharp fall in stocks and metals will take place either on 12 or 13 of October, and from there down ward journey will start for the next 45 days." http://www.mahendraprophecy.com/LatestFlas...=494&Page=2 He's been pretty adamant about this timeframe - recipe for lots of egg on face, which I guess takes some stones, if you've got a subscription to sell. Link to comment Share on other sites More sharing options...
Ags Nightmare Posted October 15, 2009 Author Report Share Posted October 15, 2009 He's been pretty adamant about this timeframe - recipe for lots of egg on face, which I guess takes some stones, if you've got a subscription to sell. I read that and he lost me when he said after 45 days of tanking we go straight to 32000...given the fact the call was made for the 13th and results could take up to 36 hours... by tomorrow's open something better start happening. Now if he said we'll go straight to 32000....that makes more sense.. Link to comment Share on other sites More sharing options...
quanta Posted October 15, 2009 Report Share Posted October 15, 2009 Breaking News UN committee declares new international symbol for government - financial markets relationship. Link to comment Share on other sites More sharing options...
phatbubble Posted October 15, 2009 Report Share Posted October 15, 2009 Somebody - I think dharma - posted a link to this in IDS http://www.kitco.com/ind/Brochert/oct132009.html Marked up that chart a little. Since 2001, monthly MACD crosses have yielded a 50% gain in 18, 7, & 6 months. FWIW we're one month in. Where the pullback at? Link to comment Share on other sites More sharing options...
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