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Guest Post: Return Moves to the Quarterly Average in the Bear Market of 2007-2009: Gann Time and Price and Cycle Analysis Overlay
Return Moves to the quarterly average in the bear market of 2007-2009: Gann Time and Price and Cycle Analysis Overlay: Potentially a Very Bearish Configuration, Submitted by John Bougearel of Structural Logic
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chart say we are on critical level and I am square and sick of printing money on teen air
http://www.ac.com.au/dax.jpg
on the Drudge this morning
Medvedev sees chance for new world order
http://www.ft.com/cms/s/0/81a03be0-7ac0-11df-8549-00144feabdc0.html
Medvedev Shows Off Sample Coin of New ‘World Currency’ at G-8
http://preview.bloomberg.com/apps/news?pid=newsarchive&sid=aeFVNYQpByU4
Look at the HP headline right now:
DIMON MINING
JPMorgan Sends Team To Explore 'Transforming' Afghanistan Resource Deposits
Wonder if the Russians were also secretly after these mines themselves.
They are probably praying that they find about 200 million oz of silver to cover the short squeeze that they are about to get creamed in.
Interesting that a few guys from State Dept found these vast reserves... must be rock hound hobbyists
99.999% of what the State Dept. and CIA do are simple bullshit PR operations. They are no different from a penny-ante corporate PR firm.
At a foreign policy magazine gig several years ago, I was tasked with re-writing State Dept. releases and using it to guide our news briefs.
The press sucks so much balls that that is how easy it is to manipulate US public opinion. You just kind of write it and lazy bums puke out the CIA line line like clock-work.
That's why the crazy hippies in the 60s and others today think that they have mind control waves or whatever. It's not actually that complicated. They just rely on the credulity and laziness of the press.
See: Dexter "Useful, Traumatized Idiot" Filkins.
Not far off my 6/24 date
im feeling much better now.
Odds of a reversal after a nice up day into 1125 - 1130 sure look good. I'll add some shorts there, more at 1148 if we see it. Maybe the bulls will pull off a miracle and send the S&P over 1200 again, but I doubt it.
I'm not a follower of charting but I have to admit I see a perfectly formed shoulder Jan 11-19 dropping down to the base of the head formation that peaked on April 26th then down May 25. The next shoulder is formed and if (when) it cracks it will be a nasty fall from grace.
But that's the real World and HFT will fight the grave.
However it cannot fight the whole World and just like in 1932 they are closing down the holes in leaking ships of state. Austerity will beget Austerity which shuts down everything in a swirling Vortex of dare I say a deflationary spiral. What the World needs now is for industry to take a profit hair cut by increasing wages and salaries to give some bang for your buck with the people who are tapped out. The Pyramid is supported by a strong base (wealth re distribution from trickle down to trickle up) but what would I know except its not getting better so it can only get bad.
There is only one guru to go to for Gann... Jeff Cooper. Truly devoted and always honest about his opinions.
He is the High priest
Ooga Booga!
EURO bullish signals I warned of during the past few weeks - has resulted in the recent rally and the daily chart remains bullish.
The DOW/SP500 counter trend rally suggested on June 13 continues, however ...
http://stockmarket618.wordpress.com/about