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Looking for 12%+ drop into January 24 (I Found What I Was Missing)

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#11 12SPX

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Posted 13 January 2023 - 01:06 PM

 

 

.........hey blu, the day you write of a phenomenal surge instead of your phenomenal market drops, probably it will be snowing on the lions of central africa 

Ha!

 

 

Blu I don' t want to be rude....but if you have always big drops and not even once in a million times a big surge, that should mean something to you. The stock market is bi-directional, it doesn' t move only going down

 

Exactly, it does have two directions,,,,don't forget "to the moon" lol!!!pop.gif   Btw people on here are trying to steal my "grind" saying that's only been right for about 8 months now, its mine no one can claim it bahahaha!!! swoon.gif   Everyone is worthy of an opinion so we all need to respect them!  



#12 andr99

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Posted 13 January 2023 - 02:10 PM

 

 

 

.........hey blu, the day you write of a phenomenal surge instead of your phenomenal market drops, probably it will be snowing on the lions of central africa 

Ha!

 

 

Blu I don' t want to be rude....but if you have always big drops and not even once in a million times a big surge, that should mean something to you. The stock market is bi-directional, it doesn' t move only going down

 

Exactly, it does have two directions,,,,don't forget "to the moon" lol!!!pop.gif   Btw people on here are trying to steal my "grind" saying that's only been right for about 8 months now, its mine no one can claim it bahahaha!!! swoon.gif   Everyone is worthy of an opinion so we all need to respect them!  

 

that's why I don't want to be rude......however reminding that there are two directions and not just one, is not that bad given the bearish bias all around....


Edited by andr99, 13 January 2023 - 02:11 PM.

forever and only a V-E-N-E-T-K-E-N - langbard


#13 Iblayz

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Posted 13 January 2023 - 02:33 PM

iblayz

 

 

It is because I realized I had to adjust what I saw. Why so negative and cynical? It is people like you is why I left and Mark has few people here to do his polling. Have a good day sir.

Negative and cynical? Really? I have NEVER once questioned or mocked one of your wild and crazy market forecasts. NEVER! I respect the opinions of anyone with the courage to do what this site is set up to do. Twice, in the past, I posted my intentions of taking a "posting break". One was effectively a penalty on me, because I felt like I deserved it. I KEPT my word. You didn't. Simple as that. If you can't take being held to your word, then don't put yourself in a position where you have to defend it.


Edited by Iblayz, 13 January 2023 - 02:34 PM.


#14 kssmibotm

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Posted 13 January 2023 - 03:47 PM

Well, Blu, at least you are posting fearless forecasts here and not posting irrelevant garbage about Covid and vaccines.



People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.

#15 pdx5

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Posted 13 January 2023 - 03:49 PM

 

that's why I don't want to be rude......however reminding that there are two directions and not just one, is not that bad given the bearish bias all around....

 

Blu is a counter-weight to the "watch the sky" dude.


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#16 blustar

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Posted 14 January 2023 - 10:30 AM

 

iblayz

 

 

It is because I realized I had to adjust what I saw. Why so negative and cynical? It is people like you is why I left and Mark has few people here to do his polling. Have a good day sir.

Negative and cynical? Really? I have NEVER once questioned or mocked one of your wild and crazy market forecasts. NEVER! I respect the opinions of anyone with the courage to do what this site is set up to do. Twice, in the past, I posted my intentions of taking a "posting break". One was effectively a penalty on me, because I felt like I deserved it. I KEPT my word. You didn't. Simple as that. If you can't take being held to your word, then don't put yourself in a position where you have to defend it.

 

I'll say it again. The reason I reposted was because I had noticed something I hadn't before and wanted to correct it. You jumped the gun by calling by saying I was trolling and not considering what I said.



#17 Rogerdodger

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Posted 14 January 2023 - 11:17 AM

Thank for putting it out there.

I keep an open mind about the beasts, but it should be obvious that all human government fails to do what is really needed for it's people.

A billion dollars for a bomber and a billion more for bombs and a billion more for Political Payola will win out over food and shelter every time.

And it sure seems like the 4 angels holding back the 4 winds have let them go.

Maybe the "Buildaburger" group, and their ilk, should concentrate on building burgers.

 

"It does not belong to man to direct his own step", much-less the world!

 

UVIX saw a lot of selling recently. 7 Sentenals had it in his Tracking account with a stop of 5.48. That's gone.

UVIX.jpg

 


Edited by Rogerdodger, 14 January 2023 - 11:32 AM.


#18 steadyquest

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Posted 14 January 2023 - 02:55 PM

"Blu is a counter-weight to the "watch the sky" dude."  But what is the counter-weight to the fed's counterfeiting activity that the "watch the sky" dude has had going for him ever since the gold standard was replaced by virtually unlimited fractional-reserve banking?  The consensus is that the fed will be back to printing in no time.  (fwiw, I'm in the camp that the consensus is wrong - at least until a monitary or credit crisis is well underway).

 

A back-test of the breakout (to ~350) would be a gift - so it probably won't happen.

 

soxx3.png

 

The 2007 analog.

 

soxx-2007.png

 

Followed by tears.  I suspect the true purpose of the gargantuan "covid" money injection was to forestall a recurrance of this ending - in nominal terms.  The resulting rapid reduction of the dollar's buying power will act to conceal the real drop in all asset values - including share prices.  When this transitory inflation is done, stocks and houses might have similar nominal prices as they had pre-covid, but their true value will be about half what it was.  The important thing (to the banksters) is that dollar-denominated charts don't look so bad as they did following 2007.  Isn't it time we dusted off the guillotines and gallows?      

 

soxx-2007-2.png



#19 Douglas

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Posted 14 January 2023 - 03:31 PM

steadyquest, the "real" DJIA (DOW in ounces of silver) has gained nothing in the last five years as shown by the horizontal red line below.   The real DJIA has recently broken down out of the green channel it has been in since the covid low.  It will be interesting to see whether the DJIA or silver will win the rally race from here, or if it will end in a tie like it has for the last five years.

 

ulRuhta.jpg

 

Regards,

Douglas



#20 skott

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Posted 14 January 2023 - 08:11 PM

"Blu is a counter-weight to the "watch the sky" dude."  But what is the counter-weight to the fed's counterfeiting activity that the "watch the sky" dude has had going for him ever since the gold standard was replaced by virtually unlimited fractional-reserve banking?  The consensus is that the fed will be back to printing in no time.  (fwiw, I'm in the camp that the consensus is wrong - at least until a monitary or credit crisis is well underway).

 

A back-test of the breakout (to ~350) would be a gift - so it probably won't happen.

 

soxx3.png

 

The 2007 analog.

 

soxx-2007.png

 

Followed by tears.  I suspect the true purpose of the gargantuan "covid" money injection was to forestall a recurrance of this ending - in nominal terms.  The resulting rapid reduction of the dollar's buying power will act to conceal the real drop in all asset values - including share prices.  When this transitory inflation is done, stocks and houses might have similar nominal prices as they had pre-covid, but their true value will be about half what it was.  The important thing (to the banksters) is that dollar-denominated charts don't look so bad as they did following 2007.  Isn't it time we dusted off the guillotines and gallows?      

 

soxx-2007-2.png

 

Yes its time!    And i like the chart. Im short  SMH







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