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New World Disorder - Watch the Stock Market

ilene's picture




 

New World Disorder - Watch the Stock Market 

Courtesy of Allan of Allan Trends

Ironic, isn't it?  That the New World Order that been the source of so much fear and distress over the past decade finally makes its appearance as not the The World Order, but instead, The New World Disorder.  It's enough to long for the days of the Cuban Missile Crisis, Watergate, or Monica Lewinsky.  At least then, we knew who the bad guys were. These days, they all are. This game is being played initially on "the Continent" but rippling across the sea in a smoke and mirrored morass of global debt and deceit. 

Pan to Bill Griffith on CNBC ten minutes before the close. "The market is down 400 points," he bemoans, but in his own branded sparkling thumbs-up air of optimism finishes with, "But its well off of its low of -408 points just 20 seconds ago."  Do I still have time to GO LONG?

I eschew fundamental considerations, events, analysis in my trading. It's much too random, short-term, arbitrary and oftentimes comical to add any insight into current and future price prediction. The disembowelment of the eurozone is already baked in cake and the cake is a chart of the US stock market. The chart below shows the Dow with my trends lines and sell signals, and my preferred Elliott Wave count. If the mid-summer sell signal of 2011 plays out similarly to the one in 2008, there may be a long, dramatic decline straight ahead. 

 

As I wrote in my weekend summary, "IWM leads this Weekend Commentary because it generated a preferred wave count, the first of the major indexes to do so in their weekly models, and because of the dire implications of that count. The Wave 5 target for IWM is under 30. That is over a 50% decline in the Russell 2000, which would pretty much extend to all other indexes. Or, this past week could have been a major bottom and the market goes to new all time highs. However, the trends are all down, which the Elliott Wave count confirms, Europe confirms, the financials confirm, Iran confirms, MF Global confirms, shall I go on? If you’re in the business of gambling trading, these opportunities are few and far between, but are not slam dunks by a long shot (three cliches in one sentence). Nonetheless, this one is here now. Govern yourselves accordingly.”

 

 

The classic conundrum is what comes first, the chicken or the egg?  Asked another way, what comes first, the financial shenanigans or the bear market? Or, what comes first, the breakdown of the global financial system, or a gut-wrenching stock market crash? Historically, the stock market skis down the hill first.

Argue all you want about who started the fire, I'm riding this trend to its ultimate destination. Lower. 

Learn more about AllanTrends hereFor a 30-day risk free trial, click here. >

 

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Tue, 11/29/2011 - 23:41 | 1928511 mbtshoe
mbtshoe's picture

was almost out of the three ply Lehman's I picked up at a fire sale a couple of years back. I'll need something with the extra comfort a discerning gentleman like myself requires soonChristian Louboutin Heels Alexander Wang Shoes Christian Louboutin Sale Discount Christian Louboutin Shoes Womens UGG Boots
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Short crude oil. The world is swiming in oil as everything else. Its elevated price is just a scam. The probability of war is zero. Uncle Sam can´t go to war against Iran because both its flanks are insecure. The left flank goes to the Straits of Hormuz and if that is closed this means crude price $300 and Stalingrad for US forces in Iraq and other US vassal states in the gulf. As for the right flank that supply line goes through Pakistan. It´s shaky enough as it is.

Sun, 11/27/2011 - 23:26 | 1919836 FlyPaper
FlyPaper's picture

Ilene - sigh.  Going to take a while for you to restore your credibility after your previous submission.  You could learn a thing or 2 from RobotTrader (who I happen to enjoy as he, like no other, manages to rile up the ZeroH crowd.  Go ROBOT!)...

 

Sun, 11/27/2011 - 22:23 | 1919703 SwingForce
SwingForce's picture

"The Creature From Jekyll Island", by G. Edward Griffin  (Top Right, click DOWNLOAD and then Download Anyway):

https://docs.google.com/open?id=0B3-C4NLkRQu7MTUwYzUxM2QtYjU1NS00N2UyLWJ...

He's still alive, and writes a newsletter: http://www.realityzone.com/currentperiod.html

Sun, 11/27/2011 - 21:32 | 1919511 SILVERGEDDON
SILVERGEDDON's picture

Bernanke is the king of a paper empire. He has nothing. What do you have? Paper, or money? Make up your fucking minds as to what side of the street you are walking on. Paper, or metal.

Sun, 11/27/2011 - 19:57 | 1919177 TSA gropee
TSA gropee's picture

The NWO is not here, it's well on its way but it is not here. What we are seeing are the plans being executed on a number of different levels which many, if not all will diverge to culminate in a world order not seen since the days of Charlamagne. Out of apparent disorder (those of us on the outside) will come an order that will mean almost no freedom and could very well be brutal. It will be interesting to see what new structure appears out of the economic chaos that is the EU/Zone.

Sun, 11/27/2011 - 20:49 | 1919351 sabra1
sabra1's picture

i'll place my odds with the billions of the 99%ers branding pitchforks, against the hundreds of 1%ers! even soldiers worldwide, have families! and, can't forget one more for our side, GOD!!!

Sun, 11/27/2011 - 19:10 | 1918959 Zero Govt
Zero Govt's picture

Ilene  -  why are you quoting a moron Idiotician (Elliotician)?

Can you not see this putz has no idea from his flippy floppy writing??

Here's some clues;

"..my preferred Elliott Wave count".

Got that, he has a number of wave counts, not one. It could go any way (he hasn't a fuking clue)

"The Wave 5 target for IWM is under 30. That is over a 50% decline..." 

Got that. He sees a big bear.

"Or, this past week could have been a major bottom and the market goes to new all time highs."

Got that. That's the exact opposite of his last bear. This one is a big bull... this cretin first sees a big bear, then he sees a big bull.. this tosser is full of bull

...he should join all the other practioners (pricks) of Elliott (Idiot) Wave and join fraudsters Rob Prechter, Steve Hochberg, Jim Martenz and SidEW on the bullshit heap

Here I've got a prediction for you Ilene: your next article could be great, could be shit, could be a zig-zag ..but if it contains Idioticians you look like an idiot who cannot see you're quoting no-idea idiots

Elliott Wave is BOLLOCKS ...wake up your flip/flop bull/bear clueless article shows it clearly

Mon, 11/28/2011 - 00:29 | 1919278 ilene
ilene's picture

ZG, I think you could take this up with the author; however, he doesn't use EW analysis exclusively.  I think he uses a trend following system primarily.  As for flip-flopping, I'd say he was definitely, clearly bearish, while admitting he could be totally wrong.  As for EW, it's very subjective - I just think of it as a tool, one of many possible tools that traders can use.  

Sun, 11/27/2011 - 19:15 | 1919006 OutLookingIn
OutLookingIn's picture

Agreed.

I get as much accuracy from 'throwing the bones" and discombobulating the results. Ends up 50/50!

Sun, 11/27/2011 - 20:39 | 1919305 Perseid.Rocks
Perseid.Rocks's picture

I've found that it sometimes helps to examine the entrails while the chicken is still warm and squirming... just sayin'.. at the same time, I usually only look at the feces after they're cold.

Sun, 11/27/2011 - 21:24 | 1919476 SILVERGEDDON
SILVERGEDDON's picture

I prefer to look at the shit after it has hit the fan. And, the folks covered with it, 'cause they weren't thinking about what happens when you combine shit and a fan. Natural selection at it's best. No Country For Shitty People. Sounds like a screenplay to me. Here I come Hollywood !

Sun, 11/27/2011 - 18:36 | 1918874 Corn1945
Corn1945's picture

Isn't this the same blog that's always telling me to buy stocks?

Sun, 11/27/2011 - 17:08 | 1918640 e2thex
e2thex's picture

Ilene: What makes a Bear market rise? fall? trend sideways?

 

Sun, 11/27/2011 - 17:07 | 1918637 Georgesblog
Georgesblog's picture

The stock market is a cliche. The moaning we hear is the reaction to the track going crooked. There is no "chalk", anymore. It is now pure gambling. A degree in Human Nature would be far more useful than a degree in Economics. Smart people don't gamble. Is there an Addiction Hotline for traders?

http://georgesblogforum.wordpress.com/2011/11/02/the-daily-climb-2/

Sun, 11/27/2011 - 18:11 | 1918810 jimmyjames
jimmyjames's picture

. It is now pure gambling. A degree in Human Nature would be far more useful than a degree in Economics. Smart people don't gamble.

**********

When you can still play the contrarian hand-play it-they can pay off big-

Human nature is for sure the picture to watch-the mass psychological reaction of the masses to the availability of their personal money supply-

 

Sun, 11/27/2011 - 17:06 | 1918632 puck
puck's picture

John J Rockefeller, the council of forien affairs, the G20 to name a few bad guys

The city of london and the fed are a few more.

this year watch the banks in the usa tumble

Sun, 11/27/2011 - 22:08 | 1919650 my puppy for prez
my puppy for prez's picture

Council on Foreign RELATIONS....which publishes "Foreign Affairs".

Sorry to nitpick...

Sun, 11/27/2011 - 16:30 | 1918502 comrade rally monkey
comrade rally monkey's picture

 value added= 0.0

Sun, 11/27/2011 - 16:23 | 1918474 xcehn
xcehn's picture

Beware the silent bank runs.  If I were in Europe, I would not be resting easy with Euro-denominated savings parked in insolvent banks.  More than 50 percent of Europeans by some estimates don't expect the Union or Euro to survive. Not that I am resting very easy with dollar-denominated savings parked in US insolvent banks either.

Sun, 11/27/2011 - 16:07 | 1918414 XitSam
XitSam's picture

There has to be disorder so we will welcome our New World Order Overlords.

Sun, 11/27/2011 - 19:20 | 1918962 Money 4 Nothing
Money 4 Nothing's picture

Order through Chaos. The saviour to problems are usually the ones who created them. 

Sun, 11/27/2011 - 16:39 | 1918535 sabra1
sabra1's picture

exactly! oBLAHma was inserted as a one termer only! he will do all the dirty work as instructed, then in 2012 a white knight will appear to fix all the problems the world is crying for! IT"S ONLY AN ILLUSION PEOPLE! why do you think oBLAHma was handed the Nobel Peace Prize? every country invaded, is branded as a humanitarian intervention! muslim extremists are left to rule!

Sun, 11/27/2011 - 16:04 | 1918405 I am Jobe
I am Jobe's picture

Get this over with . Prolonging this will only cause moe pain and crap. Sheeples will need to do shopping and nothing can get in their way.

Sun, 11/27/2011 - 16:37 | 1918530 The Monkey
The Monkey's picture

It's on the way dude. Hang on for another 18 months or so. This hot potatoe was handed from president to president, but liquidation will likely fall on Obama's watch, as it did with Herbert Hoover in 1932.

Sun, 11/27/2011 - 18:32 | 1918865 Debt-Is-Not-Money
Debt-Is-Not-Money's picture

This all started in earnest 98 years ago under Woodrow Wilson. Every president and every congress has "added value" ever since to the destruction of the US of A.

Obama is just The Closer, that's all (a "token" president at that).

 

Sun, 11/27/2011 - 16:02 | 1918391 myshadow
myshadow's picture

I really this whole root canal collapses fast.  The longer it goes, the more poison gets to toxify.

Sun, 11/27/2011 - 16:05 | 1918408 Richard Chesler
Richard Chesler's picture

It makes me nervous that there's so many bears.

Listen to "Dick" Bove folks. It is all peachy.

 

Sun, 11/27/2011 - 16:44 | 1918556 The Monkey
The Monkey's picture

I can think of one time there really can't be enough bears: at the beginning of a long-leg down.

Sun, 11/27/2011 - 15:58 | 1918388 jimmyjames
jimmyjames's picture

Be cautious of scared money coming out of Europe and into western markets-

http://www.youtube.com/watch?v=AiS37_EULj8

 

Sun, 11/27/2011 - 16:55 | 1918595 The Heart
The Heart's picture

Yes!

End the dribble of this and that and all the hyper-bovine excrament and corruption.

The entire economic picture is a joke of the grandest delusional proportions.

Daily it drags on and the sad thing is, Everyone Knows!

http://www.youtube.com/watch?v=9F8QM3tjkTE&feature=related

 

 

Sun, 11/27/2011 - 17:51 | 1918762 jimmyjames
jimmyjames's picture

Yes everybody knows and that part scares me-

 

http://www.youtube.com/watch?v=EBLI9jq6tUY

Sun, 11/27/2011 - 15:56 | 1918380 rbg81
rbg81's picture

I still think that the "Powers that Be" will pull out all the stops to keep stocks from crashing before the 2012 election.  After that, however, there will be Hell to pay.

Sun, 11/27/2011 - 16:00 | 1918395 myshadow
myshadow's picture

Like they did in 2008.

Sun, 11/27/2011 - 20:24 | 1919275 Manthong
Manthong's picture

"At least then, we knew who the bad guys were. These days, they all are."

Well said. The only ones who are not evil or dysfunctional are enablers.

Sun, 11/27/2011 - 15:56 | 1918375 ilene
ilene's picture

Sudden Debt

Yep, eggs first, chickens later. 

Sun, 11/27/2011 - 15:52 | 1918365 Sudden Debt
Sudden Debt's picture

First and foreal: the egg, because the chicken comes out of the egg.

Second: every rotten egg in europe is going to get flipped this week and yet again it will stink.

Sun, 11/27/2011 - 19:38 | 1918940 michael_engineer
michael_engineer's picture

"because the chicken comes out of the egg."

Does not the egg also come out of the chicken?

Quick, what is the sound of one hand clapping in a forest with no one there to hear it?

It is only the rooster that comes out of the egg and which doesn't go back in.

Sun, 11/27/2011 - 21:30 | 1919501 SILVERGEDDON
SILVERGEDDON's picture

Does a bear shit in the woods ? Is the Pope Catholic ? Are all Jewish girls virgins on their wedding days ? And, the rooster shoots a load into the egg before it has a shell, so, conceptually, he gets back into the egg as well. If a bear eats a banker in the woods, and shits him out, does anybody care ? Answer - depends on the P.R. spin.

Sun, 11/27/2011 - 17:56 | 1918776 john39
john39's picture

order from chaos...  the chaos stage is just getting started, order comes later.   fight now people.

Sun, 11/27/2011 - 20:42 | 1919322 Schmuck Raker
Schmuck Raker's picture

" order from chaos...  the chaos stage is just getting started, order comes later."

That's just what THEY want you to believe, to cling to some illogical hope of a better world still to come if only you endeavor to persevere.

TRUTH - Wikipedia, the free encyclopedia
Sun, 11/27/2011 - 16:36 | 1918526 max2205
max2205's picture

But it's a 'risk free trial'. How can you lose?

Sun, 11/27/2011 - 18:38 | 1918882 ilene
ilene's picture

you can always lose...

Sun, 11/27/2011 - 20:40 | 1919313 Perseid.Rocks
Perseid.Rocks's picture

Ben Bernanke never loses 'cause he's got your money.

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