Mr_L Investments

Great potential...

2012-01-17T11:45:00.003-05:00

Couple of companies I just invested in:
Glu Mobile
Gravity Co.
Vical Incorporated

These have been added to my speculative portfolio - medium to long term holdings. I have no relationship with any of these companies.
*Full-disclosure always!

Enjoy!

Another 200 dma buy

2011-11-29T02:58:00.001-05:00

Another 200 day moving average play I did last week.

Great company & great future plus its come back off multi-year highs to hit the 200 day moving average.

Activision (ATVI)

It's down 16% since its highs.

Bought it at 11.66 right at the 200 day moving average last tuesday Nov 22nd.

This is most likely a long term hold which will get to 20 eventually in a few years.
Great future growth investment at a great price!

Enjoy!

Investment advice on Groupon's new stock offering

2011-11-05T00:49:00.001-04:00

I've been posting about Groupon on my Facebook page for a few months now.

Basically it's not a good investment at this time, I predicted it would pop about 20-30% on its IPO yesterday on my Facebook page :

"http://www.reuters.com/video/2011/10/24/groupons-balance-sheet-looks-terrible-an?videoId=223857863
More bad news for Groupon stock, but I'm sure it will go way up 20-30% tomorrow when it debuts regardless of how horrible its balance sheet is... (Posted this November 3rd at 8:45pm)"

The IPO came out on friday and what do you know Groupon popped & closed up 30%!
Can't get a much closer prediction than that!

"http://www.washingtonpost.com/business/wadhwa-calls-groupons-planned-ipo-a-scam/2011/10/29/gIQAe0uyQM_video.html

exactly what I said a few months back! Don't touch this stock after the ipo. I will be shorting it after the original pop. Don't get left holding the bag, use a professional advisor (Posted this October 29 at 9:52am)"

With the 30% pop today this puts Groupon's value at something close to 15 billion dollars! This is outrageous as Groupon has not even made a dime in profit yet. But its being valued more than Research in Motion and almost the same price as Yahoo?? Or double the value of Tim Hortons in the states? Or how about the same value as Adobe? Complete nonsense. I'm getting sick of the fraud on wall street/banks these days but this creates a opportunity to make money as the price is way overvalued at this point.

I would definitely stay away from this company until they are at least making a decent profit and get out of debt and also with a market cap of around 2-3 billion then I would take a serious look at putting my money into it.

Also if you know how to short stocks (not for the amateur) I would wait to see if we go make another run for $30 per share and double top up there and safe to hold a short sale up at that range, even now you could short if you are willing to hold onto a 5 dollar run up on it.

Cheers.
SWL

Made 10% on my investment in a week - this is how

2011-10-25T18:03:00.002-04:00

This was a classic trade in which I made 10% on my investment in a week.

The setup was PAA (Pan American Silver Corp)

If you follow charts you can see PAA has found support at its 200 day moving average for the past few months, this is a strong buy signal when you see this. So I purchased it the other day when it was at its 200 day moving average this is the exact time and date and price :

2011-10-19, 14:05:12 $27.55 per share

I will most likely sell it tomorrow over $30, I was planning on taking a quick 10% return so I will stick to my plan. (Never get greedy)

PAA hit 30.83 today and settled at 30.20 by the end of the day, if I get 30.30 tomorrow I will have made exactly 10% return since last wednesday the 19th of October. This is 10% return in 7 days.

If PAA opens up lower I will wait until it comes back to touch the 50 day moving average @ my 30.30 price point which may take another few days.

Although I don't do these trades that often because they have to be almost near perfect setups to execute these short term trades.

*Disclaimer - Don't try this at home unless you know what you are doing or have lots of experience with buying and selling securities. (Most day traders go bankrupt because the human mind is more susceptible to fear and greed which in the long run will catch up to the undisciplined trader.)

To be successful in the market you have to have plans

and to stick those plans no matter what.

Word Of The Day:

2011-10-20T23:09:00.003-04:00

seigniorage : the profit taken from the printing of paper money

It costs the federal reserve (a private bank) 7¢ to print a US $100 bill.
Cost for the average worker to obtain a $100 bill is 6 hours of labour...

In Canada it cost the Bank of Canada 5¢ on average for every $20 Canadian Bank Note

Apple should buy RIM... & here's why

2011-10-13T02:00:00.001-04:00

Apple should buy Research in Motion, the stock has been hammered the past 6 months its down 55% to 12.5 billion market cap, this company use to be over 60 billion back before the bubble burst in 2008! That's a great deal!

Research in Motion the makers of Blackberry are on fire sale prices when you consider the corporate accounts and patents they have - the exact thing Apple needs to grow their corporate market share with the iPhone. (Why not take over the biggest player in this market?)

Apple could easily buy them up and still have 60 billion or so left over for future endevours.Apple could phase out the Blackberry and take over the BES system and combine it into iPhone system. Let's face it the main profit driver for RIM is the BES system and corporate accounts that are tied with it.

I say offer them a clean 15 billion tomorrow!
Let's go Mr. Cook, make your first big move as head of Apple.

Apple rules the world?

2011-07-19T21:32:00.001-04:00

After you read this you might just think so!

With $76 billion in "cash" (or cash equivalents and securities), Apple has enough money in the bank to purchase Goldman Sachs at its current market value ... and still have change left over to buy LinkedIn and Twitter. Seriously.

Apple posted record high quarterly revenues of $28.57 billion and record high quarterly profits of $7.31 billion as iPad and iPhone sales enjoyed triple-digit growth. It's a day full of superlatives for the Cupertino kids. The Wall Street Journal's Dennis K. Berman notes on Twitter, "Apple now has $78 billion of cash in the bank*. That's worth more than all of Goldman Sachs, market value $65 billion."

*Apple said on a conference call that the company had only $76.2 billion in the bank. The increase of over $10 billion still has the company comfortably ahead of Goldman, though. Should Goldman ever wish to cash out, Apple could afford to buy them at their current market cap and still have billions left over.

I remember awhile back xTrends "guru" Atilla said that Apple was going back to $7 dollars a share... lmao.

2011-07-19T21:30:00.003-04:00

BIT about to bite?

2011-06-30T23:31:00.004-04:00

(BIT) Borsa Italian Stock Exchange will be a major one to fall apart. Watching the markets you can see that the Italian Stock Exchange is having major problems. I am predicting this will be the next major european country that will have to get bailed out.

If you have the means you could short Italian stocks to profit from this. Precious metals will go higher as more countries need to be bailed out.

Here are some great Italy short plays if you can get them :

BANCO POPOLARE ORD (Public, PINK:BPSAF)
Intesa Sanpaolo Spa (ADR) (Public, PINK:ISNPY)
UNICREDITO ITALIANO SPA (Public, PINK:UNCFF)
Mediaset (ADR) (Public, PINK:MDIUY)

Enjoy!

US Government dipping into tax payer pensions to fund Government operations

2011-05-16T21:26:00.002-04:00

I've been mentioning that the pension cutbacks and retirement plans that have been modified in the ailing countries in Europe etc, would come to North America, well here it is :

http://visiontoamerica.org/680/treasury-to-tap-pensions-to-help-fund-government/

So more taxes, higher inflation and now retirement plans stolen from the worker, whats next?

Posted this back in November 2010

2011-05-10T18:28:00.007-04:00

http://mrlinvestments.blogspot.com/2010/11/up-115-on-my-physical-silver-purchases.html

"Folks I'm not taking profits on my silver that I started accumulating in early 2009, we will see $50/ounce guaranteed and then $100 ounce and I think we could finally top out over $200 a ounce pretty easily before this bubble pops.

In no way is silver in a bubble right now but when its get to over 200-300 a ounce is when profit taking should take place. Even at $50 I would take some profits before accumulating more for the blow off top later around 2015"

Predicted this on my blog back in November 2010 when silver was at 25 dollars per ounce.

I hope all my readers profited nicely from it, cheers!

Please do my new poll on the right side of the page!

China bypassing the US Comex

2011-05-09T23:16:00.004-04:00

If you haven't heard China is opening their own Commodities Exchange bypassing the corruption in the US Commodity Exchange.

It will be opening next tuesday in 9 days!

http://www.zerohedge.com/article/hong-kong-mercantile-exchanges-1-kilo-gold-contract-end-comex-gold-futures-trading-and-bang-

The Hong Kong Mercantile Exchange (HKMEx) has received authorisation from the Securities and Futures Commission and will make its trading debut on May 18, 2011

The ATS authorisation grants HKMEx the right to offer market participants, through its member firms, the use of its state-of-the-art electronic platform to trade commodities. The Exchange will begin trading with at least 16 members including some of the world’s largest financial institutions as well as several well-established brokerages in Hong Kong.

“We are very excited about this historic day. It allows us to establish a liquid and vibrant international commodities exchange based in Hong Kong, linking China with the rest of Asia and the world,” said Barry Cheung, chairman of HKMEx. “Global demand for core commodities has in recent years been driven by Asia, especially China and India. However, market participants in the region have had to rely on Western exchanges for price discovery, bearing the basis risk exposure in the process. Our new platform will offer Asia a bigger say in setting global commodity prices. It will also enable market participants to more actively manage their risk exposures, using products tailored to Asian market needs.”

Now silver will find its real price! Make sure you buy on this dip if you haven't already, anything near 30 is a great buy, they had to raise margins to drop the paper price, physical price hasn't dropped much, still people are paying over $40 an ounce for physical!

With silver being traded "freely" on the Chinese Comex we should see silver find its true value for once, I'm guessing it will be slow start at first but by end of year we should be getting close to $75-100 per ounce

Keep on stackin'

Sell in May & Go Away

2011-05-05T23:06:00.005-04:00

Right on schedule, May 1st, Osama Bin Laden is dead and market tanks and hasn't looked back

Silver down 30% being the top performer for over a year 30% is a nice haircut either way, but it healthy long term for silver. Buy near 30 and under if you can get it. Expect 75-80 on the next run up. Reason why silver has dropped so fast is that the Commodities Exchange has placed higher margin limits on traders in the futures market, alot of speculators have been "kicked out" of the silver trade because they do not have enough money to cover their margin (borrowing) accounts. This is also very healthy for silver long term, less speculators the better for sustainable real growth in any asset.

Lil tid bit of info Adolf Hitler was declared dead on May 1st about 65 years ago or so. Nice coincidence.

Obama needs to stay in office I guess for another term, Ron Paul is gaining ground so the powers at be are hanging on by a mere thread, any news is good news for Obama at this point.

All commodities hammered since start of May except for orange juice, go figure.

Remember the quicker and harder they fall the more important they will be on the next major rally. Silver totally led the way down last sunday in Hong Kong. Expect silver to be a huge gainer throughout the remainder of the year after this correction commences.

Who said war was a bad thing, if your a oil company leader or defence contractor you have made millions off of the war, no wonder when they "declared" Bin Laden dead oil has dropped over 15% and the stock market hasn't made a up day since.

Money will be backed by gold in a few years. This has happened in the past, read this to understand and prepare yourself...

2011-04-13T20:48:00.003-04:00

Back in the old days you could buy a gallon of gasoline for a quarter. Well nowadays you can buy a gallon of gasoline with a quarter too. You must be thinking I am crazy but its true, that's if you had a silver quarter in your pocket.

In the old days... pre 1968 era our currency was made out of precious metals. Mainly silver in Canada and around the world. After 1968 in Canada the government began to make the currency out of less valuable materials like nickel and copper, now todays coins are made out of steel - even more worthless.

A silver quarter can still buy you a gallon of gasoline today, the exact same as it did back in the old days when we were on a "gold standard". This means our money was actually made and backed by gold and silver precious metals.

Since coming off the gold standard about 50 years ago, the debt's of nations and the people have been piling up and growing at exponential rates.

Debt-to-GDP ratio

Once the link between gold and money was non-existant the banks were able to "print" as much money as they wanted, this has destroyed the value of paper money nowadays. Inflation is stealing any savings that is accumulated over the years. You can see as money becomes less scarce as in the case of "paper" money - debts become uncontrollable and we have problems like we had back in 2008 when the total economy collapses because bubbles are formed in different sectors of the economy. Housing in the case of 2008.

So what does this all mean? If you take a look at the next chart it shows you the price of the S&P 500 in terms of gold. Not in terms of US dollars.

S&P 500 priced in GOLD

As you can see the stock market has been going down for close to 10 years now when you price it in gold. In silver it has went down even further!

In conclusion you have solid proof that the value of your paper dollars is actually losing value everyday because simply there are more of them to go around and they are not backed by anything with value.

The only way to protect yourself is to invest your money in things that appreciate in real terms

Posted this back on Feb 10th 2011

2011-03-15T23:50:00.003-04:00

http://mrlinvestments.blogspot.com/2011/02/march-madness-and-no-im-not-talking.html

"Knight Capital has released a sovereign roadmap Catalyst Calendar which is a must read for anyone who trades with more than a 15 millisecond eye on the markets. And while everyone is now focused on what is going on with the Chinese tightening regime (with expectations of two-three more liquidity tightening steps over the next several months) with much speculating over just how priced in all this is (not much if one looks as the Bombay Sensex or even the SHCOMP for that matter), the real focal point should once again be on Europe. The reason: March is coming fast, and March will likely be the cruellest month for Europe, and possibly for the stock markets, and serve as the catalyst to introduce QE3 in all its glory"

I believe Japan's market will finally bottom after this aftermath and complete it final bear market low that has been occurring for 11 years this April.

I would be a big buyer of Japan at about 7700 on the Nikkei, which will give it its double bottom pattern. This is about 16% lower on Japan's index from here, or 7% from yesterday's low in the Nikkei.

Faber says US dollar to go to ZERO in 10 years

2011-03-13T20:34:00.001-04:00

I'd say probably eight or nine years to coincide with the end of the Kondratieff winter wave.

I've stated in the past....

2011-03-06T20:56:00.005-05:00

Just got back from PDAC here in Toronto. Let's just say it was very busy.

Silver has just broken $36 ounce. I started accumulating it after the crash in '08 at $13/oz

I like physical I think its the ultimate storage of wealth and investment at this point, and its insurance in case the dollar falls out of power.

I stated while back that silver should have a blowoff top around $200-$300 per ounce, my estimate is now $300+ for a final top in silver.

I think we could see this around 2015, but it may come sooner than later

Please do the poll on the right side of the website, gracias!

Do not own SLV, buy physical!

2011-03-02T00:34:00.002-05:00

http://www.youtube.com/watch?v=sR28o5f9aKE&feature=feedu

Friend on youtube has proven manipulation in the American Silver Exchange Traded Fund (SLV)

Buy Physical folks!

Bernanke caught lying again

2011-03-01T19:14:00.005-05:00

Ben Bernanke: Rising gasoline prices don't pose a threat to the US recovery

http://www.telegraph.co.uk/finance/economics/8355830/Ben-Bernanke-Rising-gasoline-prices-dont-pose-a-threat-to-the-US-recovery.html

This guy seriously lives in a fantasy world.

Saudi Arabia stock market plunges 7% yesterday :

http://www.ibtimes.com/articles/117641/20110301/saudi-arabia-shiite-cleric.htm

$10k invested in Apple in 2003 would be worth over $500k today

2011-02-10T00:58:00.001-05:00

$10k invested in Apple in 2003 would be worth over $500k today

Not bad at all, I remember Atilla over @ xTrends said Apple was going to $7 bucks a share about a year ago. - Not even close!

March Madness - and no I'm not talking about basketball

2011-02-10T00:48:00.001-05:00

Knight Capital has released a sovereign roadmap Catalyst Calendar which is a must read for anyone who trades with more than a 15 millisecond eye on the markets. And while everyone is now focused on what is going on with the Chinese tightening regime (with expectations of two-three more liquidity tightening steps over the next several months) with much speculating over just how priced in all this is (not much if one looks as the Bombay Sensex or even the SHCOMP for that matter), the real focal point should once again be on Europe. The reason: March is coming fast, and March will likely be the cruellest month for Europe, and possibly for the stock markets, and serve as the catalyst to introduce QE3 in all its glory.

Why March?

From Knight Capital...

March Madness -Political Risk Is High and Rising

Funny thing about democracies is the feedback loop between electorates and national policy
Policy risk remains tethered to national, and even regional political risk across the European Union
Higher risk within coalition governments
Breakdown of coalition (i.e. Ireland) can lead to snap elections and uncertainty around policy action
Two primary sources of political risk as it relates to the Euro sovereign crisis
Stressed states (periphery Europe) lose the electoral support to carry out reforms, trim deficits, and curtail debt
Core Europe or payer states (e.g. Germany) lose electoral support to bail out Peripheral Europe or debtor states
EurozonePolitical Sound Bites:
“We believe that Ireland may be left with no option, in the absence of a renegotiated deal, but to write down the value of the bonds in the Irish banks or face the prospect of a hugely damaging sovereign default”
Fine Gael, Irish Opposition Party, February 2, 2011
“62% of [German] voters oppose further bail-outs of weak euro members….”
The Economist, January 13, 2010
“49% of Germans would like to have a return of the D Mark”
YouGovInsitute, December 26, 2010
It may be “useful for the €440 billion European Financial Stability Facility to buy government bonds”
Jean-Claude Trichet, January 26, 2011

http://www.zerohedge.com/article/will-march-be-years-cruelest-month

Food prices hit all time highs

2011-02-07T22:06:00.000-05:00

Commodity food prices have hit new all-time highs. It can take up to 10 months for commodity's prices from the stock market to hit the grocery stores. Expecting food prices to be raised in 2011

Double up 666 to 1332

2011-02-07T13:00:00.001-05:00

Tad bit overbought here, thanks Bernake for the record price level of food to all time high!
When in a bubble, just make it bigger! is the feds response

Canadian dollar now worth 3 cents more than the US dollar, and it will continue

On other points check this video out, extremely interesting if you are remotely engaged by science and power

http://topdocumentaryfilms.com/holes-in-heaven/

Fat CAT

2011-01-27T22:06:00.002-05:00

Caterpillar Inc. up over 300% since the bottom of March 2009

Joy Global up over 400%

Bucyrus was bought out by CAT it was well over 500%

BAC about to fall off a cliff?

2010-11-22T21:33:00.002-05:00

The chart on Bank of America is looking nasty right now. I would not want to be in on that stock. Its looking like the banking industry is going into panic mode 2.0, another few banks will have to go under before this is all said and done.

Up 115% on my physical silver purchases since April 2009

2010-11-08T17:26:00.004-05:00

Folks I'm not taking profits on my silver that I started accumulating in early 2009, we will see $50/ounce guaranteed and then $100 ounce and I think we could finally top out over $200 a ounce pretty easily before this bubble pops.

In no way is silver in a bubble right now but when its get to over 200-300 a ounce is when profit taking should take place. Even at $50 I would take some profits before accumulating more for the blow off top later around 2015

LibertyDollar.org was raided by US GOV

2010-07-22T23:59:00.000-04:00

Bernard von NotHaus
Monetary Architect
07/16/2010
Welcome to the Liberty Dollar: Remember when gas was only 25-cents a gallon? You could take a dollar down to the gas station and buy four gallons for a buck! At that time our dollar was backed by silver - real money. Guess what? That same amount of silver still buys four gallons of gas today! That just proves that real money like gold and silver holds its value and it is the US dollar that buys less and less. As a matter of fact, when you think about it, you realize that gas, food, and almost everything else has NOT gotten more expensive. It only seems that way because the value of the US dollar is worth less and less so it takes more and more of them to buy the same goods and services. Most people think prices have gone up, but actually: it is the value of the US dollar that has gone down. Years later I have created this website so you can see what is happening to your money and protect your purchasing power from the coming inflation. Of course, this is a big job, so I am asking for your assistance. Look at these charts by the US government.

The national debt has climbed to alarming levels since the Federal Reserve was created in 1913.
Source: U.S. Treasury, Bureau of the Public Debt

As a result, the Federal Reserve Note (US dollar) has lost 96% of its purchasing power since 1913.
Source: U.S. Dept, of Labor, Bureau of Labor Statistics, CPI

As the National Debt has risen, your "money" has lost its Purchasing Power. In fact since 1913, when the Federal Reserve was created by Congress, your money has lost 96% of its purchasing power due to inflation. The more "money" the Federal Reserve creates - the less your "money" buys. It is the Federal Reserve who creates inflation when it issues US dollars backed by government debt.

From 1913 to 2001, the national debt grew to $6 trillion in 88 years. In the next three years it increased a trillion to $7 trillion dollars in 2004. In the following years it increased approximately a trillion per year. Now the national debt is over $12 trillion dollars! It has DOUBLED in only eight years! And the government now projects to add TWO or THREE trillion dollars to the national debt every year for the foreseeable future!!

The acceleration of our national debt is very dangerous and warning you that your money will rapidly lose its purchasing power shortly.

My 25 Years at the Mint

Hi. My name is Bernard von NotHaus. I was so concerned about what was happening to our country's "money" that I created the Liberty Dollar. For 25 years, I was the Mintmaster at the Royal Hawaiian Mint and devoted those years to the study of money, why it is valuable, and how we use it to fulfill our dreams. I wanted to create a totally new inflation proof currency based on precious metals. That quest was completed on October 1, 1998 when the Liberty Dollar was first issued.

So please remember, the Liberty Dollar is a private voluntary barter currency. It is not government money so it is not intended to be used as "Legal Tender", "Current Money" or a "Coin".

Yes, Hawaii is a wonderful place but raising a family in the high-priced Islands was tough. It just wasn't gasoline that was expensive, everything was expensive! I know how difficult it is to provide for a family. And after you retire, it is even worse on a fixed income! US dollar backed only by government debt is bad for everyone! That's why I created the Liberty Dollar.

If someone gave you a choice between a stack of ordinary ten-dollar bills and a stack of ten-dollar bills that were printed on the back with a coupon for 5 gallons of gasoline, good at any gas station in the country, which would you choose?

The first stack is just dollar bills. The second stack is also dollar bills, or if gas prices go up, you can use the back of the bills and fill your tank.

You'd have to be crazy to take the first stack! Right? Why not get the benefits of a negotiable currency coupled with the redeemability for a useful commodity, in this case, gasoline? If gas prices go up, you win while everyone else complains about the high cost of gas! If prices don't rise, you still have your ten-dollar bills!

On the other hand, when you hold US dollars, you own debt that you will eventually have to repay. When you give US dollars to someone as payment, they now have debt. Ouch!

With the US dollar losing value at an alarming rate and more bailouts with much higher National Debt on the way right, now is the time to take monetary matters into your own hand and protect your money… before it is too late!

Sincerely,

Bernard von NotHaus
Monetary Architect

10 year chart on S&P looks spooky....

2010-07-16T17:22:00.002-04:00

Folks check out ten year chart

http://www.google.ca/finance?q=INDEXSP:.INX

It looks very scary indeed, I see next wave down, we started it back at the end of April!

870 area next major support.

Something odd going on in the commodity and forex charts...

2010-07-08T20:07:00.003-04:00

Im thinking the Euro maybe getting ready to collapse here. They are trying to save the US dollar so collapsing the Euro will make people jump into the US dollar, albeit temporary for sure.

I see big spikes on US dollar, and massive drop in the markets, commodities will get hit hard when Euro collapses.
Buy silver when it tanks, will be best investment.

870 area on S&P is new MAJOR support area

2010-07-02T16:07:00.003-04:00

870 area on S&P will be our next major test. If this doesn't hold all hell may break loose.

15% down correction from here will give us 870 area on S&P

Lots of downside potential still available, don't rule out minor rally from 1K S&P and further consolidation until we drift much lower.

Been BUSY... moving taking profits from real estate

2010-06-15T14:56:00.003-04:00

Folks 1115 gap on S&P needs to be filled before more consolidation and then drifting lower.

I've been very busy taking profits in some real estate transactions I've had ongoing for past 3 years, getting out of the market before another correction takes place. 25% gain since 2007 in this economy is nothing to sneeze at. (Especially when you leverage up the banks fiat money, its a great feeling ;)

We won't see gains like this for awhile in real estate in Canada. Im seeing more of 4-5% environment for real estate in next 5 years. Buy more gold and silver at this point.

I'm in process of moving and liquidating so thats why you haven't heard from me, talk soon!

All ye gains shall be wiped out...

2010-05-06T14:13:00.007-04:00

in the blink of an eye...

Always short folks, we go down 3x as fast as a low volume melt up

This weekend is going to be crazy, lots of riots and protests will be occurring over in Europe, it will spread like wildfire, the debt crisis will spread to many other countries, when will the ponzi scheme finally collapse is anyones guess, but in the mean while make lots of money!

Gold and silver (precious metals) are your best long bets in these low interest rate / debt ridden environments.

1110 area on S&P is in the bag

Also there may be a problem with the money markets I have been hearing around the corner, the same problem that almost brought down the whole market back in '08 may be arising again, this is when the ponzi will collaspe, when everyone will want their cash in hand and find out the banks never did have that cash, lol

What we've got here is...

2010-04-27T12:33:00.002-04:00

a failure to communicate....

Massive profit taking above 1200

Told you to short anything over 1200 for the long road down.....

Oh thats a great movie btw if have not watched it, Cool Hand Luke

Apr16th 2010

2010-04-16T12:35:00.007-04:00

I posted that friday will be our top, for awhile, we should come up make lower high around May 9th.

Enjoy

Hopefully more people are waking up to the Goldman fraud.
More public may start to realize that the system is a sham.

I also love how they drop these types of news events on fridays, classic cover up

BLACK MONDAY ? :^)

On a side note : Canada Post

2010-04-15T13:19:00.002-04:00

Horrible service, horrible customer service and just plain ol' horrible LOL

Sorry had to rant about it here

Can't wait until the system gets privatized, useless lazy union workers here in Ontario.

IN REAL NEWS : Automaker Pensions Underfunded by $17 Billion

2010-04-06T22:59:00.001-04:00

DETROIT - The pension plans at General Motors and Chrysler are underfunded by a total of $17 billion and could fail if the automakers do not return to profitability, according to a government report released Tuesday
http://www.nytimes.com/2010/04/07/business/07cars.html

Uh oh.

Analysis of California Pensions Finds Half-Trillion-Dollar Gap
An independent analysis of California’s three big pension funds has found a hidden shortfall of more than half a trillion dollars, several times the amount reported by the funds and more than six times the value of the state’s outstanding bonds

http://www.nytimes.com/2010/04/07/business/07pension.html

Eek!

Let's get back to the real news folks, don't be fooled, the problem has not been fixed, temporary bandaid

So ya sell in May and go away?

2010-03-23T19:38:00.003-04:00

The fed and banks have extended this rally far too long

A test of 1000 is in the books for S&P, we will most likely go down to 800 area and make a double bottom, the only way we get to 500 area on S&P if the whole system defaults, we will see gold and silver skyrocket if this is the case.

1000 S&P will be coming in the summer months, 800 area should be tested maybe by year end or early 2011.

Load up those shorts above 1200, we will top out around 1200 around the 9th of May

Double top being put in 1150 here

2010-03-10T17:39:00.003-05:00

Almost exactly same scenario that happened in 2007 when you look at the charts...

The local newspapers are getting really pumped up, this is usually the nail in the coffin for the market, once the public thinks everything is back to normal, this is when the top will be put it. The local major paper here had "The Great Recovery" as the title yesterday, this is a great sign for bears looking for lower prices.

Unemployment is not getting much better at all, alot of people will have to go off emergency unemployment benefits. In Canada here the government is releasing the HST Tax in July, this will rock the real estate market here and will effect every households income as this is essentially a big tax raise on ALL items that otherwise would not have had this tax. Majors being gas, electrical, houses, cars...

Volume in the charts are showing a double top scenario also

1116 gap fill was concluded today

2010-03-01T12:24:00.001-05:00

Next move should be down to atleast 1100, longer term I'd hold any shorts

1036 next minor support, 900-950 by end of February

2010-02-05T13:43:00.002-05:00

I think we go to 900-950 fairly quickly by end of February

The worst is yet to come...

2010-01-30T21:21:00.000-05:00

The Federal Reserve's No. 2 official issued a stern warning to investors, banks and other financial institutions Friday: Don't be complacent, interest rates are going up at some point and they will trigger new market turmoil if you're not prepared

http://online.wsj.com/article/SB10001424052748704343104575033422444625754.html

Black Friday.....

2010-01-28T14:42:00.000-05:00

Tomorrow ?

Don't forget I said all these gains made in past 6 months can get taken away in weeks!

2010-01-22T15:54:00.004-05:00

This is the start of the next down leg folks, 1150 was it for awhile
I'd be heavily short on the next bounce up, if you are not already!

Sh*t is hitting the fan here folks, the market is tanking on various things that are going to upset this global credit market

Bernanke may not be voted in again, this is big.

Fannie & Freddie may be dismantled, this is amazing news.

Obama's bank plans are already starting to crater the market.

Inflated earnings are out for the finances due to layoffs and cost savings. Next earnings will be decimated because no one has a job to buy anything. This is a one time thing boost in the market here.

Interest rates will be rising soon, the war will be over soon, this is extremely bad for the stock market.

Remember the market makers are fulfilling their long term goals via the stock market 6 months in advance, (as per the war ending and rates rising)

Big time Volume Sell Off

2010-01-21T18:20:00.001-05:00

Volume big, tomorrow could be very nasty gap down, 1100 is next stop

Happy Holidays!!!

2009-12-28T18:40:00.003-05:00

Update : Read this

http://seekingalpha.com/article/180022-is-the-ponzi-economy-at-risk-of-collapse

Market is doing a blow off top at this point, very low volume this is how it is possible at this point, market will stay propped until end of year... I believe a deep reversal will start to occur in early 2010, will be very swift.

Who makes these calls??? wow

2009-12-16T14:17:00.006-05:00

Ben Bernake named Times Man of the Year!

http://www.marketwatch.com/story/ben-bernanke-named-times-person-of-year-2009-12-16?reflink=MW_news_stmp

Hahahahahahaaaaaaaa

Funny around this time next year they won't be thinking the same thing.

So misguided is the media and the public, lets name a person that has inflated the bubble once again and also destroyed any value of the US dollar and has put every american tax payer in 70 thousand dollars in debt, and its growing everyday.

Same thing with Obama lets give him a nobel PEACE prize, then he sends another 30 thousand more troops to Afgan soil.

I don't think there has been such a time of complete contrast between main street and wall street / government.

In any regards stupidity like this only means more opportunities for the people that take the time to do their homework. ;)

I've seen this before!

2009-12-13T21:01:00.004-05:00

Dear Readers;

We will likely stay propped up to near end of year, I have seen this before time and again, in the new year we will really start our trend down with force.

Hang in there short anything you can above 1100, cover under 1100 and keep your main short for the long run!

1121 is still looking like its wants to be filled.

1115 -1117 -1119 on S&P

2009-12-04T10:37:00.005-05:00

Wed - Thurs - Friday

1121 is next, this will put in our final 50% retrace

Same kind of pump during the morning is happening for past 3 days in a row, this is basically to kill any shorts before we go lower.

Simple manipulation game, there is no volume - they gonna have hard time keeping this thing propped up.

Keep shorting above 1100

Short above 1100 - cover under...

2009-12-03T17:30:00.001-05:00

Works every time...

Market makers are slowly unloading and building short positions above 1100, this is why you see the zigzag motion for past few months.

Not long now until the back breaks and we have to go down

Hey America!

2009-12-02T16:45:00.003-05:00

Don't mind Obama sending 30000 more troops into Afghanistan worry more about Tiger Woods cheating on his wife!

Coincidence both these stories hit at the same time?

Doubt it... :S

1115 was hit!

2009-12-02T13:42:00.004-05:00

1115 was hit today, this gives us close to the 50% retrace from top to bottom since the 07 top.

I would like to see a major gap down tomorrow to prove this structure.

If we don't see follow thru to the downside from this 1115, we will most likely touch 1121 and this will give us a final 50% retrace movement

"Break on thru to the other side!"

2009-12-01T12:26:00.002-05:00

Silver has broke 19 with force, we are starting a true bull run in silver, I expect it to get to $50/ounce within a few years and eventually top out over $100 per ounce.

We filled the gap I talked about at 1070, and instantly rebounded. 1115-1120 looks like it still wants to be met, I would short above 1100 and take profits under 1100, pretty simple strategy right now.

COF and banks are down today, and that is my main short.

BLACK FRIDAY

2009-11-27T03:06:00.001-05:00

WOOOOWEEEEEEEEE

Futures are getting smashed, as I said about a week ago to short anything above 1100 because 1070 will have to be met, well we just hit 1070 on the futures not too long ago.

Congrats for the ones that played this one!

Dubai ----> Broke as a Joke

2009-11-26T20:50:00.003-05:00

Well, well, Mr. Dubai, the classy fella sittin in the corner of the room, oh wait a minute all that jazz was bought on credit you say???

It was only a matter of time until this domino fell over, alot of banks gonna lose their shirts on this one, citigroup has 2 billion invested in it, thats more than their market cap will be once you take out all borrowed money thats in that stock.

Citi is actually one of the smaller investors that will be wiped out.

Wait a minute.... whats that, another bailout I hear, shouldn't be long until Bailout 2.0 comes to surface, I wonder where that money is going to flow into - Uh oh poor US dollar.... ;(

Silver about to break thru 19

2009-11-25T15:31:00.001-05:00

Long & Strong

Silver should head to 22-23 with ease, 50 will be major resistance

ABK about to go bust

2009-11-25T03:34:00.001-05:00

Once it breaks 0.67 kiss it goodbye - down to 0.35 cents, then you can guess what will happen.

False confidence continues in the mainstream media

2009-11-16T21:09:00.002-05:00

The corporatocracy needs a good holiday season hence you will see the media pumping up the market and pretending things are back to normal, confidence is the main key and fear is the main ingredient they use to try and manipulate the public.

These tend to work on the sheep people, the people that go day in day out the same old things going to work, buying the same corporate stamped food and making the government tons of cash from their free tax money the sheep provide.

The reality is the USD is losing more and more value everyday, people will start to notice they will have less money because of hidden taxes - inflation will slowly creep up and destroy any paper gains that are being noticed by the sheeple's 401K's, etc, etc.

Until interest rates are skyrocketing will will continue to have a false reality in the US markets, gold and silver are making new highs as the USD makes new lows, gold and silver are your true champions of truth.

Until next time... ;)

US Stock Markets are actually crashing...

2009-11-12T00:46:00.002-05:00

If you take the markets and price them in gold and silver the markets are actually crashing right now... the value of the US dollar losing more value than the markets are making up.

As gold and silver go up in value and the US dollar goes down and the market rises, the actual purchasing power of the US dollar is much less, your 401k's and retirement funds may look like they are gaining value but the hidden inflation on the US dollar is killing any value that it has. You will see this thru inflation with everyday items, food, housing, taxes.

The only way to rectify this problem is to take out all the leverage in the system, let the system crash to its "fair" state, this will put everything back on even ground and will properly value everything in the correct terms. Right now leverage bubble is being re-inflated by the FED printing massive amounts of ever growing worthless paper. This is why you see gold and silver keep going up in value. Gold and silver are the real money in the system they are always the true value of the economy, they are just underpriced or overpriced and eventually do their own accounting practices and revalue the market every so often. This is the process we are in now.

Eventually they will have to raise interest rates again once the dollar reaches its bottom and gold and silver are at their tops. If they keep the old ways of inflated the market with worthless USD then we should see the USD go very low and the stock market could possibly go to new highs within the next several years, gold and silver will top out as this happens right before they start to raise interest rates to get investment back into the USD.

There is a trick if a massive scare happens in the public and the world then we could have a panic selling of the USD and we could see a phenomenon happen, we could see massive spikes in silver and gold, im talking about silver going to $800 a ounce (back to its all-time highs back in 1477), this scenario I would see a new currency coming in and taking over the USD, something along the lines of the Amero, similar to what happened with the Euro.

1089 holding so far, I mentioned this about 4 posts back...

2009-11-09T14:14:00.003-05:00

If 1089 holds we could be putting in our top right here, we could go and see 1089 again on Nov20th. If 1089 breaks 1125 is possible to finish the 2nd wave rally since March of this year.

Market is putting in a nice head and shoulders...

2009-11-05T18:00:00.011-05:00

Head and shoulders being put in on the S&P chart, we are developing the right head right now. Nov 20th should be a area for a top. Its also possible we are putting in 3 peaks and a domed house scenario.

http://www.gold-eagle.com/editorials_05/wood061806.html

I think we are going to be putting in point 27 on the diagram by Nov 20th.

Not sure if everyone has seen this...

2009-11-05T01:42:00.001-05:00

http://www.youtube.com/watch?v=cEN5KGwNGeo&feature=player_embedded

This is extremely sad, DO NOT TAKE THE SWINE FLU SHOT

Johnson & Johnson firing 7000 people

2009-11-03T17:39:00.002-05:00

J&J Fires at Least 7000 as Consumer Spending Shrinks

Ya the economy is recovering really good, guys don't believe the lies you are hearing on mainstream media, these media companies are controlled by corporate lobbyists and paid to report whatever they are told to report.

When J&J fires this many people you know a recession is hitting hard.

Also Kraft revenue misses, cites Cadbury deal criteria, Kraft missing expectations is really bad news for the market.

Gold hit a new high today, you can see where people are putting more and more of their money, expecting a disconnect from the precious metals, the stock market and the US dollar before long, usually the markets goes down, the US dollar goes up and PM's go down. I think you will start to see US dollar going down as well as the markets, and alot of the money going into gold and silver, we will see them continue to go up and disconnect from the markets.

CIT FILES FOR 5th LARGEST US BANKRUPTCY!

2009-11-01T18:30:00.003-05:00

Was there any doubt????

The house of cards is falling apart, CIT largest lender to small, medium size businesses, this will halt major growth, the commercial real estate industry is imploding, this will take many more down with them.

This has to happen, debt levels are rising way higher than they should, these companies have to pay for taking these kinds of risks. The system needs a good rinse and repeat.

Down we gooooooo

LET THE BEAR MARKET COMMENCE

2009-10-28T23:38:00.003-04:00

We could see a serious selloff and panic selling going into the holiday season if its true the fed will stop throwing money around.

Fill your short orders in, we will most likely be going to new lows in 2010 and if not new lows we will make a slightly higher low and double bottom.

This bear market is not over... heard it here first!

SHORT BAC AND CITI

2009-10-27T20:01:00.001-04:00

These companies had less than 10 billion invested 6 months back, when the borrowed money wasn't available, now they are 100 billion bloated pigs once again...

Short the heck out of these failed institutions

How about that Capmark financial going bankrupt? Not many heard about that on the weekend.

Capmark Financial Bankrupt

2009-10-25T21:30:00.002-04:00

Capmark Financial originates, services, and invests in mortgages for commercial real estate including office, retail, health care, hospitality, and multifamily properties. It also invests in real estate and commercial mortgage-related assets for institutional and high-net-worth investors. Capmark Financial has some 50 offices in North America, Europe, and Asia. The company originates more than $10 billion in commercial mortgages each year and its servicing portfolio has more than 48,000 loans worth approximately $350 billion. Its investment business has more than $8 billion in assets under management

(Capmark Financial Group Inc., the lender owned by firms including Goldman Sachs Group Inc. and KKR & Co)

Let's see how much this effects the rest of the players in the fraud game, 350 billion dollars is nothing to sneeze at.

This could open up a big can of worms...

Rockaroooo folks! Time to short some

2009-10-23T14:35:00.003-04:00

RIMM

PALM

MOST OF THE BANKS

COMMERCIAL REAL ESTATE

CREDIT CARD COMPANIES

Folks put your money into silver & gold and a basket of more stable currenices (canadian dollar, swiss franc, yen, etc)

Something is gonnna go down big this weekend, keep a eye out for a weekend surprise in the media!

Major players have set their shorts up and the silly public is all ready to go with this rally (at that point you know its time to turn the tables)

Keep eye out this weekend ;)

Here's some funny reading...

2009-10-23T00:24:00.002-04:00

http://en.wikipedia.org/wiki/Lloyd_Blankfein

lloyd-blankfein.jpg

Lloyd_Blankfein : CEO of Goldman Sachs

Born in the BRONX, fellow buddy in Harvard Law School was Ben Bernanke...

Anyone can connect the dots just from reading this small biography.

Keep eye on 1115 on S&P...

2009-10-15T16:44:00.002-04:00

This will give us a 50% retrace from top to bottom. Also public is starting to get fired up about the demise of dollar and rally in the markets, this is usually the last nail in the coffin before we go to new lows

Keep eye out for Oct 27 to put in a intraday high, its possible we may stick around these levels until Nov 20th before the next leg down begins.

2010 is going to be the final wake up call for everyone in the markets.

BTW still holding some longs (mostly dividend payers, shorting COF, I took profits on the last dip and still holding some, I will add to shorts above 1100 and sell most of my longs

As I said, October is going to be a nasty month...

2009-10-01T13:28:00.001-04:00

We are up over 2% on the down move in October already and its the first day!

1K is next stop for S&P, short away!

Here we go!

2009-09-23T21:36:00.003-04:00

Check out that selloff end of day, now thats a dousy. October should be a very nasty selloff, the start of the jewish new year usually does that in the stock market, check out last year for a tip...

(repenting all those sins...)

Funny how 1080 just had to be tagged before they took it right down to 1060 within a hour and a half.

Decent reversal off a 400 point rally on S&P.................... (a.k.a MTV Wallstreet Extreme)

2009-09-17T23:11:00.012-04:00

400 pt rally since March 2009, what a whopper... I was expecting 1K when we hit 666, but as you know things get out of hand on wall street, it should be called MTV Wallstreet Extreme or something along those lines. Good ol' America, lets buy everything up and account for it later...

Anyway the US dollar is getting killed which is no surprise, it looks like its finding some nice support right around these levels, the market may have topped out temporarily looking at futures are down a bit right now, if we gap down significantly will be a good idea to get short early. Volume was big today which means money was distributing by big boys... Short anything above 1050 which is what the market should be at once we get outta this recession and get jobs back on track.... for now its over valued by several hundred S&P points.

Most have capitulated.... 1% rallies are nothing to worry about

2009-09-16T13:38:00.002-04:00

When we go down it will be 3 & 4 % down days, the gains made in past 6 months will be wiped out in half the time.

Stops were taken out above 1044, longs were filled.... do not go heavy short yet but gradually build a position, increase your position today.

Banking situation is worst than what is was in 2007 before the crash...

2009-09-13T17:46:00.001-04:00

http://www.bloomberg.com/apps/news?pid=20601087&sid=aYdgQkXu9eBg

Joseph Stiglitz, the Nobel Prize- winning economist, said the US has failed to fix the underlying problems of its banking system after the credit crunch and the collapse of Lehman Brothers Holdings (full story on the link)

50 points off the low from last week...

2009-09-11T02:21:00.004-04:00

50 points exactly off the low from last week, this happened a few weeks back but was 55 points from the low.

Possibility they take out stops above 1044 alot of money is sitting there, they want to suck this money in before going back down... its only smart to do this if your a criminal. (It should happen intraday, if it does.)

So a pop above 1044 is possible but will be short lived, it will be to fill in any long orders that are waiting up there, before they take it down.

50 points exactly, another 5 points gives us 1050 S&P.... now check this out we had 5 days upward on the last rally a few weeks back, then we had 5 days down. This recent rally we have had 5 days up as of yesterday. There is also 1-2 transition days between each move (distribution for the big boys).

Correlation or pure coincidence? Doubtful money managers are playing the low volume to their advantage, wait until volume comes back and see how fast we drop like a rock....

Pump & Dump...

2009-09-09T03:09:00.002-04:00

Posted this in last thread:

"We are going a bit higher to take out stops above 1020, we are very close to the next leg down, we have 1044 on the upside but under 800 on the downside, I would be shorting stocks at this level, I am waiting on confirmation to the downside to go heavy short."

Apple Inc. is having a shindig today around noon, new iPods coming out, not much but still a nice pump before they take this puppy down, if we go a bit higher 1029 & 1033 has gaps to be filled. Wednesday could be a top for a long.... long.... time.

Top being put in today....

2009-09-04T13:01:00.003-04:00

My call was for 1017 area on friday today, pretty much got there, should go a bit higher before we start to really go down going into next week.

Get some nice shorts in @ this area!

This is it!

Big money coming back a few days before I thought...

2009-09-01T12:57:00.001-04:00

Big money taking profits above 1k at this point, we should bounce up from here and then continue downward going into next week.

I see similar action for the next 4 trading days...

2009-08-27T14:31:00.001-04:00

1010 - 1044 range bound until September 7th in my opinion....

I don't see much occurring until maybe September 4th (next friday)

We are still in vacation season, very low volume moves.

20000 page views since mid June!

2009-08-26T16:25:00.004-04:00

Thanks everyone, sorry haven't made many updates lately but not doing anything is also a position in the stock market, having cash is a position in itself !

So I'm expecting the market to kick around these levels until September 7th, I see us coming close to 1044 on the upside and 1010 on the downside until September 7th.

Unemployment Rates Rose in 26 US States in July

2009-08-21T13:21:00.003-04:00

Unemployment Rates Rose in 26 US States in July (link)

Jobless recovery? Don't bet on it...

1044 is our line in the sand folks, the rally has been pushed out to 6 months from March lows, September 7th is now the top near 1044 on S&P. Expect minor pullback from these levels and then up to 1044 by September 7th.

Guess what labour day is September 7th, this is when the big boys come back from their summer vacations, this is when the major trend (down) will commence, this is still a bear market folks.

MInor short squeeze going on...

2009-08-19T12:51:00.002-04:00

You gonna find these short squeezes all the time especially at first to really mess up any day traders, there is a gap @ 1004 on S&P that should get filled.

Futures taking a nasty hit as I write this...

2009-08-19T03:29:00.004-04:00

979.50 low on futures right now.... we are testing yesterdays lows, if we break it then 975 is a given, if we break 975 then we could head to 950 fairly quickly but I don't see this just yet.

Ohya that little place called China, well its down 20% already since its highs less than a month ago! Welcome to the next wave down on this bear market, China is a leading indicator for the world right now.

China's stock market down 16% since start of August

2009-08-18T02:21:00.003-04:00

Bet you didn't realize that, thats how quick this market can go without anyone noticing too much...

Futures are under 1000 S&P as I write this...

2009-08-16T22:01:00.004-04:00

I'm expecting significant sell off this week, we topped out back around the date I said, alot of distribution has been going on around these levels the past few weeks. I'm expecting 950 to come for the next swing low, we might go back up and test over 1K again during start-to-middle of september before a further selloff to under 800 later in the year.

1018 S&P should hold...

2009-08-14T00:27:00.001-04:00

Expecting a decent crash to commence soon, 1018 on S&p is our intraday high so far, we probably will test just under this level intraday before crashing down hard... stay tuned!

Big move coming up!

2009-08-12T16:40:00.001-04:00

Should be to the downside....

I called for a top last friday...

2009-08-11T12:18:00.002-04:00

Looks good so far, we should continue to sell off slowly to 950 would be first major resistance on the downside.

Some AIG bears got squeezed hard today!

2009-08-05T17:13:00.001-04:00

http://www.google.com/finance?q=NYSE:AIG&client=news

EZ short here, alot of money covered there short positions (most likely large margin calls), short AIG above 20 eventually it goes to zero.

Hey I'm back...

2009-08-04T21:17:00.004-04:00

I was away all weekend, and Monday was a holiday here in Canada.

So we have broke 1K, I am not surprised, I believe we are putting in the top this week, and if you do not have shorts you will not be greatly awarded, at this point we cannot sustain this pace of rally, whenever you have huge ramp jobs they always fail, look at history.

So Sol over @ Xtrends blew up his account, and I'm sure Atilla has too, he just doesn't have the cohones to say it. I told them to go long after the 666 bottom and that we would most likely go to 999, but they didn't believe me and banned me from their website. Always take precautions when gambling with large amounts of money, the market will make and break people over the course of their lives (doesn't matter who it is, traders will always have to be humble to come out alive)

Good time to go short...

2009-07-29T18:21:00.002-04:00

Fed Report Suggests Recession May Be Bottoming Out

http://www.washingtonpost.com/wp-dyn/content/article/2009/07/29/AR2009072901608.html?hpid=topnews

When you start getting big reports like this coming out its a good sign to start building your short positions if you haven't already.

I'm sure a few magazines are getting ready to release their front page "Bull running over the Bear" propaganda soon enough!

Still expecting 999, hardcore bears should capitulate soon enough, one more push above 1000 should do it...

2009-07-27T17:25:00.004-04:00

Well I was saying the bear rally could extend out until late August early September at the latest, I can see a reversal during the August 3rd-7th week, this will give us a 5 month rally since March. Don't be surprised to get above 1K on S&P, hold your shorts if you can, don't get a margin call by being too Greedy.

I'll go heavier short once we break 1K

666 + 333 = 999... Could my original target be the ticket?

2009-07-23T13:25:00.006-04:00

Back in March when we bounced big @ 666 I called for a 50% rally on S&P giving us 1K on S&P, I lowered those targets about a month ago, but the market wanted to go higher...

My original target of 999 might just be what happens, S&P has a 1007 major resistance point. Looks like the central bankers around the world really want to prop this market, in doing so the US dollar is down 20% against the CDN dollar since March 9th!

Ha I just read this post on another board, thought I'd share it with you

2009-07-22T13:35:00.008-04:00

Crude Oil Trader

" This market rally is a bull bus with 4 flat tires that the government is running along side of pumping air into the tires to keep it going. You know a steep hill....going down, is coming and they won't be able to keep up. And they will be left standing on the hill watching their bus go down without them.

Is that a good enough mental image of what I think of this rally?"

Pretty much sums it up, but this rally is the real deal because they are pumping so much money in the system, but to do that they have to devalue the dollar at the same time, if you make something more abundant and easier to get than the value of it has to go down. The system will eventually have to reset if they continue doing this, US will have to default on their debt.

Futures starting to selloff now...

2009-07-22T03:46:00.001-04:00

Nice top being put in past few days, when we start to sell off its going to be quite powerful.

July 20th top right on schedule, hopefully you got your shorts in....

2009-07-21T12:47:00.006-04:00

Two targets right now, possible to go tag 966 to blow off top, the next target on downside is 910 area......

Nasdaq made a 51.5% rally in 4.5 months, permabears got slaughtered, you always gotta ride weekly-monthly trends to maximize profits.... the next down move will be the ultimate finale for the crowd, expect 2010 bottom in March.

Watch for big selloff end of day.....

Nasdaq about to make a 50% rally since the March lows...

2009-07-16T16:17:00.006-04:00

1896 is where the nasdaq should fail, we are very close to this area. July 20th I have as a top, could be tomorrow or monday we will tag 1896 area on nasdaq and crash from there, get your shorts in at this area if you can.

Enjoy!

On a side note I just broke 10,000 page views, I started my blog on June 14th, 2009. Thanks everyone for the amazing support!

USD is getting crushed here...

2009-07-15T12:06:00.002-04:00

USD is doing another parabolic move to the downside the past few days.

As the USD crashes the market goes up, but slowly the USD is losing more value than the market can go up, this is how USA is losing value, slowly the USD will be so low that even if the stock market goes back to 1K the value will be far less because the USD is decaying so much.

We should close below 927, I will give more targets after the close today.

September will be the next leg down for U.S.A

2009-07-13T21:49:00.003-04:00

The next phase will be when unemployment benefits run out for alot of people.

So starting around september alot of people that are on financial life support will have their cords cut, this should bring us down to our final bear market lows in March of 2010.

I can see the downside really picking up near end of year.

So we have the new world currency....

2009-07-13T20:56:00.009-04:00

Medvedev (Russian President) is already bragging about whats to come, US dollar will lose it global power and go to this new world currency.

http://www.prisonplanet.com/video-medvedev-shows-off-world-currency-coin.html

Here's more info:

http://www.futureworldcurrency.com/Default.asp

http://4.bp.blogspot.com/_fKjCZyqaAaU/Sll45K-0V1I/AAAAAAAADQ4/zn3dM-BRp0E/s1600-h/Unity-in-Diversity-Coin.png