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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, 14 October 2014

Very ugly price action (particularly after the European close)


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8 comments:

  1. Anonymous14 October 2014 at 17:29

    http://micheleroohani.com/blog/wp-content/uploads/2008/10/stein-halloween-cartoon-michele-roohani.jpg

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  2. Anonymous14 October 2014 at 19:22

    You are seeing the markets finally roll over into extended 4Y cycle low. It will be highly right-translated and probably last 3 - 6 months. Think we are at month 67, so the entire low to low ext 4Y cycle will be a record by a mile, 70 or 72 mos. The next longest 4Y cycle was 60 months, twice, and both were followed by crashes. W

    ReplyDelete
    Replies
    1. Chartrambler14 October 2014 at 20:53

      thanks ,,,I passed it on for the edification of the intelligentsia at Danerics :-)

      Delete
  3. Anonymous15 October 2014 at 02:03

    TY CR. In all cases of prior history, it was the bounce out of the ext 4Y cycle that if left-translated, is the harbinger of doom. I expect this one to deliver big time. I have criteria for the bounce that will indicate failure, if its not obvious to all. W

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  4. Anonymous15 October 2014 at 17:01

    Front running the elections? Everyone expected these crooks to prop the market into the elections. This would be a prime time to bail as the incentive to prop will largely go away. Part of what we are seeing? Its not about fundies or TA; its about Boole sheet. W

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  5. Anonymous15 October 2014 at 17:50

    Dow -333 a second time. he he he Buy-the-dippers hair on fire. ;)

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  6. Anonymous15 October 2014 at 18:10

    Knee-slapper of the day... Hopefully that impulse will perturb the derivatives market enough to get some domino collisions. hehe

    http://scharts.co/1yDZevA

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  7. Anonymous16 October 2014 at 17:01

    Interesting Maps and Pictograms. W

    http://www.vox.com/2014/9/23/6829399/23-maps-and-charts-that-will-surprise-you

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