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392 Weeks?

Tyler Durden's picture




 

Just one chart...

 

 

h/t Brad Wishak at NewEdge

 

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Wed, 11/12/2014 - 23:00 | 5442776 markmotive
markmotive's picture

Did anyone tell this to the market?

So bearish it's bullish...

http://www.planbeconomics.com/2014/11/chart-so-bearish-its-bullish.html

Wed, 11/12/2014 - 22:59 | 5442781 fightthepower
fightthepower's picture

Martin Armstrong's 8.6 years?

Wed, 11/12/2014 - 23:15 | 5442816 Greenskeeper_Carl
Greenskeeper_Carl's picture

this chart is cute and all, but it doesnt take into account the new normal: QE, ZIRP, and the plunge protection team. place your bets....

Wed, 11/12/2014 - 23:33 | 5442859 KnuckleDragger-X
KnuckleDragger-X's picture

And they are becoming less and less effective, the entire system is sick and we are reaching the point where it all falls over. The thing that worries me the most are the things they will try to do to keep the corpse alive.

Wed, 11/12/2014 - 23:35 | 5442868 max2205
max2205's picture

The old 392 weeks trick.....

Wed, 11/12/2014 - 23:54 | 5442913 smlbizman
smlbizman's picture

missed it by this.....

Thu, 11/13/2014 - 00:13 | 5442954 SMG
SMG's picture

When you have large buyers in the market like the Fed, the corpoate buyback boards, and the foreign banks, who don't care about price, there is no predicting when the market will go down, even with good chartwork.

Thu, 11/13/2014 - 01:56 | 5443124 forexskin
forexskin's picture

or...

won't be any tea leaves with printed tea...

Thu, 11/13/2014 - 06:02 | 5443300 new game
new game's picture

given what smg posted, why t f would you walk into the casino? help out your bud sheldon? actually support what you profess to be the enemy? addiction problem of sorts? ha...lol at you loosers still in this sham...

Thu, 11/13/2014 - 08:47 | 5443448 wallstreetapost...
wallstreetaposteriori's picture

my guess is the gold and bond trade will capitualte in vomiting prices, while stocks skyrocket to what presumably could only be valued at infinity.  Then it will be time to multiply by zero

Thu, 11/13/2014 - 11:12 | 5443964 gold-is-not-dead
gold-is-not-dead's picture

BTFATH

Thu, 11/13/2014 - 07:42 | 5443369 Dungholio
Dungholio's picture

Fudd’s First Law of Opposition: “Push something hard enough and it will fall over.” 

Wed, 11/12/2014 - 23:33 | 5442860 max2205
max2205's picture

I'd be embarrassed to belong to a country that feels the need to tractor beam it's market like this........

OH WAIT!

Thu, 11/13/2014 - 04:36 | 5443241 bobtcat2
bobtcat2's picture

The bull market will only end when ZH is shut down and whoever is behind this junk site goes all in long stocks.  Whether that's Dow 30K, 50K, or 100K who knows.  My guess is 4 more years of 15-20% per year will do the job.

Thu, 11/13/2014 - 06:30 | 5443316 Devotional
Devotional's picture

"when ZH is shut down and whoever is behind this junk site"

Why are you on this "junk" site then? Are you into junk?

Hey, this guy is into junk?

Let me hold my tongue ...

olo

Thu, 11/13/2014 - 04:36 | 5443242 bobtcat2
bobtcat2's picture

The bull market will only end when ZH is shut down and whoever is behind this junk site goes all in long stocks.  Whether that's Dow 30K, 50K, or 100K who knows.  My guess is 4 more years of 15-20% per year will do the job.

Wed, 11/12/2014 - 22:59 | 5442778 ebworthen
ebworthen's picture

They'll wait until after the Holiday shopping season to crash it this time; they'll get more of the sheeple's chips off the green felt that way.

Don't forget to "save for retirement" folks!

Wed, 11/12/2014 - 23:37 | 5442875 KnuckleDragger-X
KnuckleDragger-X's picture

Yeah the 4th quarter and all that shopping they think is going to happen. By the end of February the bankruptcy courts are going to be slammed.

Thu, 11/13/2014 - 07:18 | 5443346 Eyeroller
Eyeroller's picture

Early winter weather providing the perfect excuse for low X-mas sales.

"XXXX is lower than expected due to the extraordinarily cold weather that was much worse than the previous one that we blamed everything on."

Thu, 11/13/2014 - 00:20 | 5442968 Urban Roman
Urban Roman's picture

And, where to put the old retirement account, in the mattress?

Thu, 11/13/2014 - 04:44 | 5443248 CHX
CHX's picture

...and a strong year end rally makes a good extra bonus.

Wed, 11/12/2014 - 23:05 | 5442796 cherry picker
cherry picker's picture

(3 + 9 )/ 2 = 6.  There are three lines.

666

That is not the sign of the devil is it?  :)

Wed, 11/12/2014 - 23:23 | 5442831 HardlyZero
HardlyZero's picture

ceiling (392/6) = 66 

Route 66...highway to hell.

Plenty of room at the Hotel California.

Wed, 11/12/2014 - 23:46 | 5442896 Harry Dong
Harry Dong's picture

I like this comment. The math, not so much.

Thu, 11/13/2014 - 07:15 | 5443342 Headbanger
Headbanger's picture

Yeah but 392 * 392 = 153664

And 1 + 5 + 3 + 6 + 6 + 4 = 25

And 2 + 5 = SEVEN!!!!!

Not only that but 392 / 56 = 7 !!     5, 6, 7 !!!!

Oh nooooo!!

Christine Lagarde was right!!!

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

 

Thu, 11/13/2014 - 07:32 | 5443354 winchester
winchester's picture

...

 

after all, more than half planet believe in a thing called god that let humans behead each other or fuck with animals or babies... so... just numbers... why not...

 

just to say but you'd expect it, to me you are pathetic.

Wed, 11/12/2014 - 23:05 | 5442798 NoDebt
NoDebt's picture

Technical analysis is rivaled in it's worthlessness only by fundamental analysis.

 

Thu, 11/13/2014 - 06:16 | 5443307 Snoopy the Economist
Snoopy the Economist's picture

Stupid comment. Obviously you know shit about technical analysis,

Thu, 11/13/2014 - 07:19 | 5443347 NoDebt
NoDebt's picture

Obviously you haven't been paying close enough attention the last 5 years.

Thu, 11/13/2014 - 09:32 | 5443519 Snoopy the Economist
Snoopy the Economist's picture

What do you mean 'obviously'? Because the form of technical analysis you use hasn't worked in the last 5 years so you make the stupid statement that all technical analysis doesn't work?

 

Again, your comments make it clear that you know shit about technical analysis.

 

Thu, 11/13/2014 - 10:12 | 5443664 SlowMoney
SlowMoney's picture

Snoopy ..... Guess your mom never washed your mouth out with soap!

Thu, 11/13/2014 - 16:13 | 5445602 Snoopy the Economist
Snoopy the Economist's picture

LOL

That's funny. Are you new here? I only said shit.

Thu, 11/13/2014 - 09:47 | 5443567 Fedaykinx
Fedaykinx's picture

TA is fucking worthless in this market.  BTFD bitchez

Wed, 11/12/2014 - 23:18 | 5442823 eddiebe
eddiebe's picture

Yup, just more chart porn. 

Wed, 11/12/2014 - 23:24 | 5442840 HardlyZero
HardlyZero's picture

Eyeball popped out just looking at it.

Wed, 11/12/2014 - 23:22 | 5442830 masteredge
masteredge's picture

how much more desperate can ZH get? just give up

Wed, 11/12/2014 - 23:26 | 5442842 Vandemar
Vandemar's picture

See the red line in 2015?  We're not there yet bitchez!  Strong buy recommendation for * until Q1!

Wed, 11/12/2014 - 23:34 | 5442864 kaa1016
kaa1016's picture

If it were only this simple.

Wed, 11/12/2014 - 23:39 | 5442881 Cognitive Dissonance
Cognitive Dissonance's picture

"Warp factor 666 Mr. Sulu." - Mother Yellen

<No no no Mr. Sulu. Back to the future, not forward to the past.>

Wed, 11/12/2014 - 23:42 | 5442890 Stockmonger
Stockmonger's picture

This chart proves that the end of the world is nigh.

Thu, 11/13/2014 - 00:40 | 5443010 WTFUD
WTFUD's picture

Not the end of the world, just the world as we know it.

Wed, 11/12/2014 - 23:42 | 5442891 Harry Dong
Harry Dong's picture

The blue lines seem goal seeked. Are they fibri lines?

Thu, 11/13/2014 - 00:20 | 5442970 swass
swass's picture

Dang it. Are you telling me I now need to wait until 2015!!!

Thu, 11/13/2014 - 00:29 | 5442984 Dre4dwolf
Dre4dwolf's picture

so..... market bottom in about 180 days?

Thu, 11/13/2014 - 00:34 | 5442996 virtualInsanity
virtualInsanity's picture

(Start "The Empire" Overture) Like the Death Star destroying a planet (End "The Empre" Overture)

 

Thu, 11/13/2014 - 00:48 | 5443024 WTFUD
WTFUD's picture

More like a satellite on a collision course with Uranus.(not yours virtual but Mr 'Fahrenheit' Yellen )

Thu, 11/13/2014 - 01:11 | 5443071 robnume
robnume's picture

I don't need any stinkin' chart to tell me the end is nigh. I can smell the blood in the water.

Thu, 11/13/2014 - 01:12 | 5443072 Keyser Sose
Keyser Sose's picture

"Charts are marvelous tools for predicting the past."  -- Eliot Janeway

Thu, 11/13/2014 - 01:48 | 5443118 economists_do_i...
economists_do_it_with_models's picture

HYG death cross coming any day now.  IYT way overbought.  Falling commodities signalling a global recession.  NASDAQ/small cap bounce = finished.  VIX beatdown = finished.  Short term interest rates (1 mon T-bill) quietly on a steady march higher.  There are no new rabbits to pull out of the magic hat.  Game over...

Thu, 11/13/2014 - 09:00 | 5443465 lucyvp
lucyvp's picture

The day the bond market actually breaks this puppy is over, i just don't know when that will be. 

HYG has already had several death crosses.  Then the treasury market briefly crossed 3% for the 10 year and is now comfortably back down.  I may not live long enough to see the fireworks.

 

Thu, 11/13/2014 - 03:00 | 5443175 trucharts_czar
trucharts_czar's picture

Timing is a good tool - although I think we are in a bull cycle till the end and at least the start of the year.  Markets are definitely topping out from my sentiment indicators and my bells are ringing with the "Ron Insana" indicator - see this article - http://finance.yahoo.com/news/heres-why-gold-could-headed-161403030.html.  Whenever he speaks or starts something (like he started a hedge fund right at the market 2000 top or tried to start a company) - it marked a top and now he is offering (as extracted from the article) 

"Insana's Market Intellgence," available at Marketfy.com. - sounds like we are comong close to a top. 

Well he predicts gold at 800 - now I am scared to be short gold even though I think gold definitely has to go to 1000.

trucharts_czar

Thu, 11/13/2014 - 03:01 | 5443176 trucharts_czar
trucharts_czar's picture

Timing is a good tool - although I think we are in a bull cycle till the end and at least the start of the year.  Markets are definitely topping out from my sentiment indicators and my bells are ringing with the "Ron Insana" indicator - see this article - http://finance.yahoo.com/news/heres-why-gold-could-headed-161403030.html.  Whenever he speaks or starts something (like he started a hedge fund right at the market 2000 top or tried to start a company) - it marked a top and now he is offering (as extracted from the article) 

"Insana's Market Intellgence," available at Marketfy.com. - sounds like we are comong close to a top. 

Well he predicts gold at 800 - now I am scared to be short gold even though I think gold definitely has to go to 1000.

trucharts_czar

Thu, 11/13/2014 - 06:24 | 5443311 razorthin
razorthin's picture

I'm done predicting and just reduced to waiting.

Thu, 11/13/2014 - 07:20 | 5443348 Keltner Channel Surf
Keltner Channel Surf's picture

The predicting is the hardest part

Every day throw one more dart . . .

  - Tom Petty

Thu, 11/13/2014 - 06:32 | 5443318 JDFX
JDFX's picture

392 weeks ? Who the hell's, Clarence Beeks?

Looking at that chart, I'd expect we *could* see some liquidating into strength on these new highs, from the breakout starting from 1580 .. Then what happens ?  See what the market does then position for any down thrust back towards 1580 test , or, buy further pull backs if it springs higher.

 

 

 

 

 

 

 

Thu, 11/13/2014 - 06:46 | 5443323 Joenobody12
Joenobody12's picture

The chart says it is safe till March next year. Plenty of time to get rich and get out just in time, ha ha ha ha !

Thu, 11/13/2014 - 07:12 | 5443341 cassotto
cassotto's picture

you added meaningless lines to a chart, well done

Thu, 11/13/2014 - 08:00 | 5443382 Kina
Kina's picture

they always did the same things, over and over, the first time they made the problem bigger, and then bigger again next time...they kept doing the same thing...only bigger each time. THUS infinite printing what they tried now, in relative terms is what they did before......

history repeats though they think they are being different this tim......we think we can stop being like our fathers....they hard you try the more you are the same....

Thu, 11/13/2014 - 08:16 | 5443406 mattgallis
mattgallis's picture

The real chart that matters is how many ounces of gold I own.  Everything else is a joke

Thu, 11/13/2014 - 09:38 | 5443543 SystemicSarcasm
SystemicSarcasm's picture

beam me up scotty!

 

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