DARK
#11
Posted 13 December 2008 - 10:19 AM
#12
Posted 13 December 2008 - 10:21 AM
The future is 90% present and 10% vision.
#13
Posted 13 December 2008 - 10:22 AM
DON . IN A WORD" CLASSIC" BEST OF TRADES!!
#14
Posted 13 December 2008 - 10:26 AM
Bottom line:
There are no growtrh drivers at the moment as we enter a recession. Remember the consumer is only just feeling the pinch, starting now.
Secondly, the complacency of pople like humble (absolutely no disrespect meant), is truly staggering.
The SPX is going to 600. I dont know when or how, making it of little use, but the escalating problems in the housing market, clearly point that way.
Yes, it is going there ASAP.
#15
Posted 13 December 2008 - 10:47 AM
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&st=1980-08-15&en=1982-08-15&i=t90278930333&r=6189.png
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&yr=2&mn=0&dy=0&i=t06728561357&r=765.png
#16
Posted 13 December 2008 - 11:07 AM
#17
Posted 13 December 2008 - 11:40 AM
Now if we can just get above that 50DMA.
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&st=1981-01-01&en=1983-01-01&i=p81799018503&r=3150.png
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#18
Posted 13 December 2008 - 11:46 AM
That was a cross of 50/200dma.....That was what i said....the 200dma is so far away.....What happened when the media used "DARK" on August 15th 1982?
Now if we can just get above that 50DMA.
http://stockcharts.com/c-sc/sc?s=$INDU&p=D&st=1981-01-01&en=1983-01-01&i=p81799018503&r=3150.png
Also a whole year of base building.....
Edited by traderpaul, 13 December 2008 - 11:51 AM.
#19
Posted 13 December 2008 - 12:13 PM
#20
Posted 13 December 2008 - 12:22 PM
Great, the patient is dying let's give him more money to cheer him up.....Happy days are here again.....All the problems are solved.....To da moon, here we go....Right, h1? Btw, look at the second half of Dec in 81.....great perspective from rd and the chef. that fractal is just what i am looking for, fwiw. also, the latest unemployment #'s were the worst since november 1982.
now, go back and look at rd's chart. how did folks who were watching those #'s do from 8/9/82? i'll tell you how:
they got their butts kicked into the next ice age!
this time: the stimulus is much greater, too.
be LONG or be WRONG!!!!!