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Market Collapse around the corner? Remember 2008?

thetrader's picture




 

 

By www.thetrader.se

 

If History is to repeat, we got the perfect short term bottom placed yesterday. In this move up, shorts will be losing faith in their positions, and cover furiously. The last leg up should take place over the coming days/ weeks, before we get the total breakdown of the “system”. Probable scenario or not, you decide, but the charts sure resemble 2008. Full Chartolgy here.

 

SPX Weekly.

 

 

 

SPX Daily.

 

 

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Wed, 10/05/2011 - 11:39 | 1741506 Spirit Of Truth
Spirit Of Truth's picture

If people thought for themselves, the gig would be up and there'd be a total systemic meltdown:

http://thespiritoftruth.blogspot.com/2011/10/meltdown.html

Thus, lies are repeatedly told by "authorities" at all cost.

Wed, 10/05/2011 - 09:36 | 1741013 covert
covert's picture

all people should use platinum currency, gold isn't worth enough!

http://expose2.wordpress.com

 

Wed, 10/05/2011 - 13:00 | 1741919 Loose Caboose
Loose Caboose's picture

I'm stacking kryptonite.

Disobey.

Wed, 10/05/2011 - 11:12 | 1741394 Schmuck Raker
Schmuck Raker's picture

Platinum gives me the shits.

Now, gold I can eat.

Wed, 10/05/2011 - 11:06 | 1741371 snowball777
snowball777's picture

I'm sorry, only Iridium can provide sound money...gold and platinum are too easily discovered in the earth's crust.

We have to be sure about this.

Wed, 10/05/2011 - 11:51 | 1741551 JoBob
JoBob's picture

But then, there are those black swan events that suddenly add thousands of tons of iridium to the Earth's crust.

 

Oh... but then we would not need money, would we?

Wed, 10/05/2011 - 14:06 | 1742094 akak
akak's picture

That is why the only REAL sound money must be based on the astatine standard ---- all 47 atoms of it in the earth's crust at any one time!

Wed, 10/05/2011 - 10:12 | 1741150 pupton
pupton's picture

Holy...your website is a pile of suck!  Oh, and your platinum is worth less than gold now genius...but other than that it was a great post.

Wed, 10/05/2011 - 11:57 | 1741576 rocker
rocker's picture

Your right, Pupton.  I like Rhodium, but like Platinum and Copper. They have Failed.

They are going down.  They are economic indicators of what's to come.

The CRB indexes are all falling. 

Let's all face it. We are contracting as are the world economies.  It is all going down.

The hedge funds are selling of REITs today. Tomorrow will be something else selling off..

Wed, 10/05/2011 - 10:07 | 1741132 BrocilyBeef
BrocilyBeef's picture

you're an odd duck.

Do NOT follow this link or you will be banned from the site!