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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
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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

Tuesday, 21 May 2013

 a closely watched stock on Daneric's blog :-)


Posted by at

5 comments:

  1. Anonymous21 May 2013 at 11:37

    Oh, CT,
    That Daneric pony-boy has called top after top after top from about 1100 until now on SPX 500.
    It's like he's having Alzheimer disease and while shaking all his hands and body, he keeps repeating the same : "topping....top...topping...top".
    I would not treat him with cookies and my hot jasmine tea if he would be at my door, shaking in cold, in the winter! :)
    You gotta watch out, CT, the bull wave from Nov'12 is experiencing it's last 5-10-15 days of living.
    Scratching my tom-cat, Pussy, and thinking of you,

    Aunt Annie.
    p.s. I've speaked a little more with my friend Bennie and he told me a lot of stories about a russian guy called Kondratieff and that he's scared like hell for 2014, 2015 and 2016.
    I pampered him a little and gave him a cup of my jasmine hot tea! :) He's ok now! :D

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  2. Chartrambler21 May 2013 at 21:02

    yeah Im no waver but this thing is way overdue....lol

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  3. Anonymous22 May 2013 at 06:54

    Dear CT,
    It doesn't matter what Daneric says .... it is a bull market now and should be treated accordingly!
    I know you're more into Gann price-time ratios.
    On Elliot waves now (since Nov-2012) we are in the 3rd of the multiannual 3rd wave - it's the very center of this bull market! And Daneric kept telling all :short...short...short.... C'mon!
    Even my Pussy - my tom-cat- meowls and crawls awfully when I'm telling him "Daneric gives good trading advices" .... :)
    Tell Mr. Daneric that the top of this bull market will be registered in the 1850-2120 area sometimes in 2014!
    According to my calculations (agreed by my fluffy-fuzzy hard-loving Pussy! :D) the chances of finishing this mighty bull trend in or at the end of Q2/2014! It may be related with an outburst of inflation (more than 3,5% to 5% annualized) in a general stagflationary weak economy during the first half of 2014. The next guy or girl at FED (my friend Bennie will go away in January 2014) will be shocked by this inflationary event (cause it will be an event in Q1-Q2-Q3/2014, not a meaningful yearly trend) and will makes some moves...that will start the next bear market (and Daneric will salivate full of joy at that moment!).... too bad it will be only 9-12 months this bear market!

    Ok, too much talk, now it's time for more jasmine tea and more Pussy scratch ! :)

    Aunt Annie (an 86 years-old option and futures trader - a better trader than Daneric :P! ...and my Pussy agrees! :D)

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  4. Chartrambler22 May 2013 at 10:31

    It is amazing....why is the Dax up over 13% in 18 trading days,without a single meaningful black candle ? The markets are totally crazy

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  5. Anonymous22 May 2013 at 11:20

    Dear CT,

    It's simple.
    The FED's QE and BOJ hyper-QE turned ECB to a square-one, into the corner.
    The markets know that ECB WILL BE OBLIGED to proceed soon to some sort of QE (unsterilized monetary expansion) - i.e. directly buying south-european bonds - and the markets front-run ECB now.
    ECB is now "the fried chicken in the room" - a.k.a. target in the monetary wars- and it will have to react the following months.
    It's the same case for DAX, CAC40 - France- and other european marekets. Front-running is the name of the game, sweet CT!

    Sweet old-Aunt Annie (and her puffy Pussy, the russian grey-blue tom-cat, a mighty fuzzy help when the markets start to rumble! :D).

    ReplyDelete

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