i am friggin sick of the Nikei..every friggin night down

you will get buyers coming in which will help confidence in our worthless paper

i am feeling really good with the support in the nq's with japan down this much....it feels different than monday night

i am feeling really good with the support in the nq's with japan down this much....it feels different than monday night

i am sure you feel real good with this one in your backyard.....From 60 to 8. In 3 little months.....
http://stockcharts.c...7356&r=7637.png

That's why they call it a bear market. Then you know what to expect. TM

IC I was just thinking the same thing about japan. It appears you post things before I get to TT, and i was thinking the same things. Glad to see Im not totally out there alone. We have pneumonia in the US and japan is getting SARS or worse. Japan keeps telling me we are certainly in for worse. Maybe just not right away, but maybe in a moth or two. I think a bunch of things are happening here behind the scenes taht cant be done in japan, that are preventing us from falling further faster. Im not saying Japan is a proxy for the US. But I am saying I think we have some serious "shennagins" (for lack of a better term) going on here, that are keeping our markets where they are at. Frankly I would have thought we'd have been in a situation where they would have shut us down by now. You could almost say, I'm quite shocked it hasn't even happened yet. Im in sales and have been for over 24 years now. I watch body language and have studied from a number of sources and feel I have pretty good read on situations and pick up cues that most miss. I also study linguistics. Between the two you can learn a lot about situations. So I watch the folks on CNBC CNN and other news outlets. I also watch other broadcasts. Now I dont do this a lot, but I do it very selectively for a number of reasons. These folks are revealing a lot by what they are not doing and saying. Clearly something is massively wrong here in the markets. I think we will know how wrong soon enough. You can look at charts all you want but sometimes you have to pull your head out of the bunker and go out and do some recon. I do it every day in my job in sales so its a natural for me. It helps me compare media perceptions and big picture to micro and "reality." I saw Jack Welch today. He was guest host on CNBC. I used to work for the guy at GE. Very sharp. Very global. Very big picture. Always a company guy and "loyal." (to a fault) Ive read a couple of his books. so I feel I have a bit of a handle or read on the guy. This am I am telling you the positive spin he was putting on stuff, and in his counters to the other guests, I'm telling you he was so full of bullsh*t it wasn't funny. jack has never struck me as a liar. I can say without a doubt, however, GE as a company stretched the boundaries of ethics beyond belief. So when I saw Jack today and watched the body language, this was not Jack. If he wasn't being put up to what he was doing, then he clearly knew what he had to say for some reason needed to be said big time. But it was a hoax, and a charade if I ever have seen one. he has no reason to be that way since he is "retired." no need for hidden agenda's either. So my recon is this. We aren't yet at or near the lows. I'm hoping like hell we are. But if my read on people, and the news, and other things i read is correct, ignoring the charts, we have much further to go on the downside. What's happening in Japan is but one indicator. You can't ignore. We aren't in a vacuum of some sort. The world is more globally interconnected than it ever has been in so many different ways. So I say to everyone, be very very cautious here. and protect yourselves.

i am feeling really good with the support in the nq's with japan down this much....it feels different than monday night

Interesting that the Nikkei peaked exactly on Armstrong's pi cycle in early 2007 as did the US financial indices. What it is likely saying is that Japan will have a much harder time in the future because of China taking lots of their business.

This whole mess is going to drag on for a couple of years more, however there should be retracement rallies along the way.


http://stockcharts.com/c-sc/sc?s=$NIKK&p=W&b=5&g=0&i=p03457229314&r=5151.png

ES is bleeding it's gettin' freaky, minus 30 and counting dang

If Armstrong was credible, the market would have bottomed in March. I would say the cycle is off a little bit...but that is the beauty of cycles - just add a few months and call it an adjustment....

i am feeling really good with the support in the nq's with japan down this much....it feels different than monday night

c'mon IC....you're doing the zen thing, right ?

ed rader

ima gonna pull the covers over my haid and go back to sleep. maybe that will do it.