It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford

Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin

The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Thursday, 3 September 2015

Eurostoxxhas backtested neckline,maybe a triangle then more downside ?


Bill Holter’s: From Zerohedge

Posted on September 1, 2015 by Ian Gordon
“That’s what happens when there are 64 million shares short and only 52.3 million shares outstanding…”
Bill Holter’s comment.
Briefly and in plain English I would like to explain this to you. The “VIX” index, otherwise known as the fear “index” has been a major tool of the PPT and Associates in supporting the stock market. A “low” number is indicative of little fear while a high number shows more fear. In an effort to support equities, this index has clearly been suppressed in price by selling more shares short than even exist. (Does this sound familiar to gold and silver investors?). This now poses a VERY BIG PROBLEM!
Plain and simple, with more shares short than exist, a short squeeze for the ages has been set up. Knowing a big move upward in the VIX is also synonymous with lower stock prices, one can extrapolate (along with many other technical and fundamental weaknesses) a market crash of epic proportions will happen whenever this short squeeze is actually covered. The “squeeze” has already begun with the VIX running up to 31.8 as of this writing. The “crash” has also started worldwide if you have been paying attention. In my opinion, the “short covering” has the potential to push the VIX index to all time high prices. Greater than 2001, 2008 and even 1987. Can you guess what this will mean to averages like the Dow Jones, S+P 500 or the NASDAQ???
Standing watch,
Bill Holter,
Holter-Sinclair collaboration

(thanks to Pete at MySquigglyLines blog for this link )

( risk for this is that the lower high is just A of an ABC)

Wednesday, 2 September 2015



Sunday, 30 August 2015

Friday, 28 August 2015


my guess is that this correction is nearly done...ideally 6280-6300 ?