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mga , panic ,cprint, p;anic print eventually leads to collapse IMHO
I think crisis, printing, crisis, printing, but I"m not expecting a financial collapse.
And have a nice day. I am ready.
these articales seem to suggest that the whole system will collpase which means currecny will be worthless so why is he asking for money and not gold or tinned food?
his crash indicator went off last year as well and that came to nothing
enough with all the negative waves morriarty(oddball in kelly's hero) as pupton so eloquently put it, im considering having smoke blown up my ass. cuz walkin around with a yoga swami smile all day might be desirable
I'm not a fan of the Phoenix Capital posts or any of the other "Buy my magic info sites" but this time he's right. Two weeks ago we had an impressive short squeeze from the bottom of the Bollinger band trading range to the top before it corrected. This week it won't work. There's heavy resistance before the top of the range and this time the bottom of the range takes in the crash trigger level of 1120 and 1100 just below. With a week full of data to show us in a recession when everyone is pretending it's just a soft spot, with Europe still decidedly NOT fixed, it will only take one or two surprises out of the bunch to set us over the edge. There's a huge storm visible on the horizon and everyone is all happy because it's sunny right this minute. I bought oct AAPL puts at 315 today because I think that the storm will be big enough to take the cash cows down with everything else. Time will tell, but I think this time he's right. (Well maybe no cannibalism and riots in the streets but pretty much right)
While I agree with the major thesis on the market direction in the blog, your chart showing head and shoulder leaves much to be desired, need to go back to basics and read "Edwards and McGee" again. The head and shoulder neckline formation does not leave a discontinuity between left shoulder and head as you have shown, unless you did not mean it in which case you have communicated poorly. Also, head and shoulder is not just price action but volume action as well, the volume under left shoulder and head needs to be higher for proper formation. Let us get all the paraphernelia together before we start cheerleading again. Reading your recent letters it seems that you are getting quite anxious about the crash and may risk turning yourself into a category 5 contrary indicator.
This guy is going to get his short position ass-raped. Wall St are going to buy this thing back through 1200
In the meantime... rally on.
While I enjoy reading Graham's forecasts, this one raises a statistics question.
How often does his Proprietary Crash Indicator go off?
I mean, if it went off every week, I wouldn't be surprised that it registered before the 1987, Tech and 2008 crashes. Whereas, if this only the 4th time it's gone off, that would be more interesting.
Like the hands of a stopped clock, it is inevitable that he will appear correct at least twice in a decade. After all, newsletter subscription models thrive on fear. Would you rush to subscribe to a service that said: " Life is about to get better for all of us and to truly maximize your enjoyment, buy my newsletter NOW!!!"
Hmm, when you put it that way, sign me up. I'd be willing to pay for someone to blow sunshine up my ass, and I might sleep better at night, and focus better at work, and stop thinking about silver while making love to my wife...how much is your fine newsletter my good man?
now that is real fuckin funny ,lololololo im dying here,,,lolololol
I get a raging hard on when Graham talks apocalypse like that. I never even make it to the link...his words of doom make me explode immediately. Graham, can you attach a pic to your next episode of "The sky is falling 101"?
What is weird is it is a head and shoulders after an earlier head and shoulders. (seriously) The first was Feb to Jul 2011 and now Graham posts another one.
It seems like he might be reaching on this one...it looks like three heads to me...but I'm no pro.
what a crock of shit
The only good thing about this site (Phoenix Capital) was that it was easy to click on cancel all future emails. This "one more week until TSHTF" warning has been sounding like a broken record for more than a year. Give it a rest. I'd rather listen to the silverfuturist on you tube.
Aw cmon how can you diss the OCD kid with the chickens
Smells like http://www.youtube.com/watch?v=1mC4tu1NhUA
I was just looking at the today totals and wondering when the down days for the week will be. There is no doubt the next one is close, all the news and the way the markets are leaping around.
In terms of the lunar cycle, the new moon is tomorrow and the period between Rosh Hoshanah and Yom Kippur is usually bullish. However, from Yom Kippur into late-October, human civilization could crash. JMHO.
just to recap:
the world as we know it is about to end with misery and suffering for all, blood will run in the streets.
babies will be smashed against walls, fire will swallow you whole while the maws of hell consume you.
but for $9.99 I'll show you how to profit from your impending demise.........................
I have a proprietary crash indicator too! you're more than welcome to see it.
This is psychopathic!
This is psychopathic!
Stop sugar coating it.
Those are unicorn skittles.
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