Fugly

Enough said, ok I'll say a few things. Most people I know of have woken up, do you
think this market is still support by the sub 30% of true believers. Sure they have the
money and move the markets, yet they got the money from mom an pop who woke up.
Mom and pop pulled out of 401k, stopped contributions, what they can't get bacause of
the clever company store legislation, they figured out they can borrow out and secure some of
it, they know the jigs up.

They also are the same central planners that move the market down when mom and pop went broke because that's where
they got the money and then multiplied it 10 times. Do you think they got the money by organic growth or was
paper devaluation. Like ron paul said, it has to grow +10% ( above inflation) for decades just to slow the
collapse rate. It's cast in stone right there in the dollar chart, not opinion, and they did it twice only
recovering from the first one by accident.

I feel, gut TA, this "news" event is sentinal in the awakening. That feeling hit my gut when
I recognized the insider trading and orchestration at 10:30 in the options. This thing stinks, it
cant be good. That's the art part.

Remains
to be seen how it manifests statistically. Doesn't mean tomorrow, wont even
be in mentioned in the history books. I'll probable be the only to recognize the friday "news"
event as the sentinal awakening turning point by 2010. All that trapped volume on koolaid,
unbelievable implications. Sure they got away with the communistic central planning schemes
for this many years, again profiled in the dollar chart. Running up against reality as we speak.

First chart is related to the elliot wave interpretations of the mass psychology cycle, they
woke up, it's over, sure it takes time and doesnt mean it's tomorrow.

If that communistic koolaid visual doesnt look bad enough, it's worse, they all share the same board members.
That's why Friday feels like a sentinal turning point, failure of same, is the awakening.

In my larger Ewave scenerio, it doesnt come together until the post election optimism
butts up to reality. This is the A wave.

that media chart explains it all. total, complete consolidation of power.

theyre so arrogant that they dont even try to disguise it

i guess the b wave will increase the number from here to maybe 10 then the c wave goes the one (666)

Sure they have the
money and move the markets, yet they got the money from mom an pop who woke up.
Mom and pop pulled out of 401k, stopped contributions, what they can't get bacause of
the clever company store legislation, they figured out they can borrow out and secure some of
it, they know the jigs up.

Part of my wife's 401-k is still locked up in company stock which she can't touch for some time.
But she was able to sell her match last year and since then the stock has been cut in 1/2.
She says: "It'll come back...won't it?"

I'm not sure if she could borrow against it but if so, it has to be repaid or huge penalities apply.
Then again, she's already paid a 50% penality by leaving it alone.

Plans may differ, my sister and I got 50% out. Stop conributions, set borrowed amount aside can make payments back
out of it if needed. That can only protect it for 5 years however. I have added less than 1/2% annually.
Best place for this cash might be the Merk fund ( past perf no guarantee). I have added less than 1/2% annually.
Some long periods of not adding at all. Virtually all gains, 15% annually, are from trading while staying in
cash 90% of the time. Just catch one surge per year in the popular sector. Least time in the market is
least risk, it is now 7 years down, 9 years from 1998 adv dec line top when the real bull mkt died.

The 401k ponzie if for me to get their money, I am not contributing to it is my policy.

They think you should buy and hold, lol. 7 years down in SP500 type diversification schemes.

The bull mkt died in 1998. That's when it became for sector traders only.
And they all rush into the topping sector and get crashed over and over
and never learn. In the office I laugh as
they are hyping tech in 2001, just hyping latin am two months ago. Now bemoaning how
they are down 40% in one month. I had a retiring guy 100% loaded in aggressive tech at
the 2001 top. They get out after the're down 40%, 40% is about the capitulation level.
And they'll do it over and over.

The keypoint with money borrowed out of 401k is get some physical metal. I'm sure it's
a long time until dollar = 40 but you never know. When all is said and done, you got to eat.
That's all that matters at that point.

Sure they have the
money and move the markets, yet they got the money from mom an pop who woke up.
Mom and pop pulled out of 401k, stopped contributions, what they can't get bacause of
the clever company store legislation, they figured out they can borrow out and secure some of
it, they know the jigs up.

Part of my wife's 401-k is still locked up in company stock which she can't touch for some time.
But she was able to sell her match last year and since then the stock has been cut in 1/2.
She says: "It'll come back...won't it?"

I'm not sure if she could borrow against it but if so, it has to be repaid or huge penalities apply.
Then again, she's already paid a 50% penality by leaving it alone.

Thanks I'm glad other see it. You can feel it in your bones.

I get the feeling a lot of guys are young and dont know the difference.
I fell into the pattern for a time as well, busy trying to get a start not aware
of anything else. Coming to fruition to a town near you.

that media chart explains it all. total, complete consolidation of power.

theyre so arrogant that they dont even try to disguise it

i guess the b wave will increase the number from here to maybe 10 then the c wave goes the one (666)

The other perception I have to convey it geez, it takes a long time to play out.
You get the scenerio in your head, and its working, but not on your time
perception.

Got to trade with it either way.

that media chart explains it all. total, complete consolidation of power.

theyre so arrogant that they dont even try to disguise it

i guess the b wave will increase the number from here to maybe 10 then the c wave goes the one (666)

A failure to participate in a 401-k, especially if there's a match can be a very costly thing. It's irresponsible to call a 401k a ponzie scheme. It's a huge wealth builder. It may be better to have it in your roll over IRA, but unless you have no real investment options inside the plan, net of taxes it's a huge winner.

Mark

Plans may differ, my sister and I got 50% out. Stop conributions, set borrowed amount aside can make payments back
out of it if needed. That can only protect it for 5 years however. I have added less than 1/2% annually.
Best place for this cash might be the Merk fund ( past perf no guarantee). I have added less than 1/2% annually.
Some long periods of not adding at all. Virtually all gains, 15% annually, are from trading while staying in
cash 90% of the time. Just catch one surge per year in the popular sector. Least time in the market is
least risk, it is now 7 years down, 9 years from 1998 adv dec line top when the real bull mkt died.

The 401k ponzie if for me to get their money, I am not contributing to it is my policy.

They think you should buy and hold, lol. 7 years down in SP500 type diversification schemes.

The bull mkt died in 1998. That's when it became for sector traders only.
And they all rush into the topping sector and get crashed over and over
and never learn. In the office I laugh as
they are hyping tech in 2001, just hyping latin am two months ago. Now bemoaning how
they are down 40% in one month. I had a retiring guy 100% loaded in aggressive tech at
the 2001 top. They get out after the're down 40%, 40% is about the capitulation level.
And they'll do it over and over.

The keypoint with money borrowed out of 401k is get some physical metal. I'm sure it's
a long time until dollar = 40 but you never know. When all is said and done, you got to eat.
That's all that matters at that point.

Sure they have the
money and move the markets, yet they got the money from mom an pop who woke up.
Mom and pop pulled out of 401k, stopped contributions, what they can't get bacause of
the clever company store legislation, they figured out they can borrow out and secure some of
it, they know the jigs up.

Part of my wife's 401-k is still locked up in company stock which she can't touch for some time.
But she was able to sell her match last year and since then the stock has been cut in 1/2.
She says: "It'll come back...won't it?"

I'm not sure if she could borrow against it but if so, it has to be repaid or huge penalities apply.
Then again, she's already paid a 50% penality by leaving it alone.

Believe it or not you get B wave "bull" market out of this. Another refinance
redebt cycle. Remember when a guy made a living, bought stuff, educated a family,
retired to florida. Now prosperity is how many times the house got refinanced.

They dont know the difference, most of them came after the coup.

On the majority political board they hate me. I presented this and they
dont like it. Going to fix everything, drain the swap, blah blah blah.

Fixated on permabias. I guess that why we always have a trade.

Stick a fork in it, irretreivable.

that media chart explains it all. total, complete consolidation of power.

theyre so arrogant that they dont even try to disguise it

i guess the b wave will increase the number from here to maybe 10 then the c wave goes the one (666)

http://bigcharts.mar...&mocktick=1.gif

I will leave it to others to pontificate about whether or not this is a bull or bear market, the triangles, which wave etc. All I know is I'm coming in flat, if they open this pig higher tomorrow... I look for 44.25 to get short... If they open them lower, then I can "try" a long at 43.00. This is not rocket science, the market has been going down for months... I will let others impale themselves trying to "call" the bottom. I just trade this trash from target to target.

I too think the 401K is a great thing in that you have some control over what happens and pre-tax and matching funds going into it. My only problem with the 401K is that most programs corporations use do not have precious metals fund or contrarian funds in them. The defense of that is that they are afraid people aren't sophisticated enough to use them properly and will lose massive amounts of money with them. As if losing over 20% in the downdraft since October (or August depending on how you want to look at it) is "sophisticated."

Edited by milbank, 24 February 2008 - 03:11 PM.