This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
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
Nice observations! I never thought the Dow would hit 18K but it looks like the criminal elements are going to try and run it there. McWaffle had mentioned 18K as the megaphone top a long while ago. I'm astonished anyone other than machines would put capital at risk in such a ridiculously overvalued market. Wait till the algos go wild trying to get out. W
Another Hindy. "A new Hindenburg Omen appeared after the market closed on Tuesday, according to Tom McClellan, who writes the investment newsletter McClellan Market Report. Meanwhile, the Dow Jones Industrial Average DJIA, +0.21% edged higher in afternoon trading on Wednesday. The benchmark was on track to close at an all-time high for the 33rd time this year, despite multiple Hindenburg Omen appearances over the last 12 months."http://ei.marketwatch.com//Multimedia/2014/12/03/Photos/MG/MW-DA587_hinden_20141203101459_MG.jpg?uuid=30a9d78e-7aff-11e4-a054-8ee4b5c82a3e
Nero Caesar https://www.youtube.com/watch?v=UkZqFtYtqaI&list=TLYt8O1Mc9sOQ&index=6
17 States Sue Obama Over "Unconstitutional" Executive Action On Immigration. http://www.zerohedge.com/news/2014-12-03/17-states-sue-obama-over-unconstitutional-executive-action-immigration