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out on a limb! bottom for wave 2 in !?


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#971 AChartist

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Posted 20 September 2019 - 03:39 PM

if it is going to follow the parabolic cycle projection a high is about 11 weeks out.


"marxism-lennonism-communism always fails and never worked, because I know

some of them, and they don't work"  M.Jordan


#972 ryanoo

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Posted 20 September 2019 - 03:58 PM

this is a nice chart showing why the general market won't breakout anytime soon.

https://pbs.twimg.co...ATnpU.jpg:large



#973 tradesurfer

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Posted 20 September 2019 - 06:19 PM

samantha laduc is bullish now right at this double top after being uber bearish forever ?????

 

what a great contrarian signal !!

 

 

this is a nice chart showing why the general market won't breakout anytime soon.

https://pbs.twimg.co...ATnpU.jpg:large



#974 Russ

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Posted 20 September 2019 - 06:30 PM

some images that seem important 

1   https://pbs.twimg.co...=png&name=small

2 this is the base that bore the bull   https://pbs.twimg.co...ng&name=900x900

3  this is the base that we have just broken out of  https://pbs.twimg.co...ng&name=900x900

my concern is the latter or present base seems to indicate a move below 1400 . as i said there are so many spinning plates china walked. war in the middle east? and the fed is mysteriously conducting repos to prop up the bond market. is something afoot here. ?

are we about to enter a new lehman? i dont know . i am prepared mentally to ride. no leverage ........... yet

dharma

any ideas from these images.?   

its a compelling picture!?

Nice charts Dharma,  the last one agrees with mine for a pullback near the end of the year, for now I have to admit that gold is looking bullish. 


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#975 gannman

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Posted 20 September 2019 - 08:39 PM

https://www.armstron...etting-started/

 

 

interesting 


feeling mellow with the yellow metal


#976 Russ

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Posted 21 September 2019 - 12:23 AM

Scary, the nightmare is starting, what Armstrong has been warning about since the 1980's, the eventual bankruptcy of the west which will produce the biggest depression in hundreds of years. Terrible things can unfold from all this.


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#977 dougie

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Posted 21 September 2019 - 02:08 AM

would someone like to take a stab at putting Armstrongs talk into a form I might understand?

#978 johngeorge

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Posted 21 September 2019 - 08:34 AM

dougie

The financial system is in bad shape and will continue to get worser.  Good luck to all!


Peace
johngeorge

#979 Russ

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Posted 21 September 2019 - 08:36 AM

would someone like to take a stab at putting Armstrongs talk into a form I might understand?

Here is something Armstrong wrote in August 2019.... 

 

How Civilization Collapses

1) Collapse in centralized government
2) The rich flee and economic growth declines
3) The economy implodes without investment
4) Birth rates decline with population
5) People migrate and abandon urbanization

 The danger we have today is once again the mass migrations into Europe and the United States. However, if the climate turns sharply colder, we will have famine and that undermines the social structure. We already have the centralization of government & central banks on the ropes. The hunt for taxes will result in the hoarding of wealth and the decline in investment.

The birth rate has been collapsing and the final stage will be abandoning cities because of taxation like Chicago, Philadelphia, New York City, etc. Keep in mind the collapse will unfold over the course of probably 51.6 years before you reach rock bottom. It all depends upon the climate looking forward.  https://www.armstron...ty-system-wide/


"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



http://marketvisions.blogspot.com/

#980 ryanoo

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Posted 21 September 2019 - 09:36 AM

would someone like to take a stab at putting Armstrongs talk into a form I might understand?

I only got: in 2008 it was the private debt, mortgage-backed securities that led to crisis, now it's the $17tn negative yielding bonds and the magnitude is unbelievably bigger.  Buyers of the negative-yielding bonds are traders who would not hold it to maturity. 

 

So, as a trader, when the price drops, yield spikes, wouldn't you sell it?    Liquidity crisis.