$VIX monthly - Note the 'just completed' candlestick for October, and the indicators....
Saturday, October 31, 2009
For another view of things, here's the monthly $VIX chart...
$VIX monthly - Note the 'just completed' candlestick for October, and the indicators....
Friday, October 30, 2009
Look at MACD on this weekly chart..Looks like crossover time for this indicator...Down we go....
Be careful here, we haven't yet gotten through the support as seen on the Microtrendlines chart of a couple of days ago, we could bounce here again and form the right shoulder of a head and shoulder pattern...So the big decline might be a little ways off..
The other point of view is represented by Dab Basch who still sees an imminent crash. He has updated his charts from last week, you can see them here:
http://www.safehaven.com/article-14888.htm
Fall of the Republic....
http://spywitnessnews.org/content/fall-republic-hq-full-length-version-2009
If you haven't seen this, you need to...predicts the future reasonably well......
Also a lot of unique information is presented, volunteered by brave individuals within local and state governments...This alone is worth seeing as a tribute to the people who took the risks to provide it.
If you haven't seen this, you need to...predicts the future reasonably well......
Also a lot of unique information is presented, volunteered by brave individuals within local and state governments...This alone is worth seeing as a tribute to the people who took the risks to provide it.
The little rally is obviously over....
After another notch down, I'll do some new charts...as the decline progresses...
Wednesday, October 28, 2009
Progressing down....
We are now approaching some intermediate scale trendlines, which I have highlighted. Today's low (so far) on the $SPX is almost on one now. Tomorrow or Friday could see a bounce as some indicators are getting oversold. The nature of any bounce that materializes will tell a great deal about the real condition of the market.
End of day update, replaced charts with updates showing today's final lows....
Tuesday, October 27, 2009
This is our future, if the Bankers have their way....
After the Billionaires Plundered Alabama Town, Troops Were Called in ... Illegally
http://www.alternet.org/workplace/143485/nightmare_in_america%253A_after_the_billionaires_plundered_alabama_town%252C_troops_were_called_in?page=1
Please, Gentle Readers, pass this story on to others, it's only through general awareness by the people that this kind of thing can be stopped....
http://www.alternet.org/workplace/143485/nightmare_in_america%253A_after_the_billionaires_plundered_alabama_town%252C_troops_were_called_in?page=1
Please, Gentle Readers, pass this story on to others, it's only through general awareness by the people that this kind of thing can be stopped....
Monday, October 26, 2009
Today's drop is just becoming apparent on this $SPX chart...
You can see the trendlines that I've highlighted that have to fail for the bear to fully come back...
Saturday, October 24, 2009
Friday, October 23, 2009
Thursday, October 22, 2009
Clearly, we've made some kind of top (again).
Later on, probably tonight, I'll update all of he charts...
Well, an update. Today was a rally day after all, so no proof of a top yet...
Well, an update. Today was a rally day after all, so no proof of a top yet...
Tuesday, October 20, 2009
Drafter of 9/11 official government report now reveals it as a cover-up!
http://www.salem-news.com/articles/september112009/911_truth_9-11-09.php
Looks like the author, John J. Farmer Jr., was New Jersey Attorney General for quite a while, and even Governor of New Jersey, although very briefly.
Looks like the author, John J. Farmer Jr., was New Jersey Attorney General for quite a while, and even Governor of New Jersey, although very briefly.
Obama Poised to Cede US Sovereignty, Claims British Lord
http://fightinwordsusa.wordpress.com/2009/10/15/obama-poised-to-cede-us-soverignty-claims-british-lord/
The important excerpt from this site:
At [the 2009 United Nations Climate Change Conference in] Copenhagen, this December, weeks away, a treaty will be signed. Your president will sign it. Most of the third world countries will sign it, because they think they’re going to get money out of it. Most of the left-wing regime from the European Union will rubber stamp it. Virtually nobody won’t sign it.
I read that treaty. And what it says is this, that a world government is going to be created. The word “government” actually appears as the first of three purposes of the new entity. The second purpose is the transfer of wealth from the countries of the West to third world countries, in satisfication of what is called, coyly, “climate debt” – because we’ve been burning CO2 and they haven’t. We’ve been screwing up the climate and they haven’t. And the third purpose of this new entity, this government, is enforcement.
How many of you think that the word “election” or “democracy” or “vote” or “ballot” occurs anywhere in the 200 pages of that treaty? Quite right, it doesn’t appear once. So, at last, the communists who piled out of the Berlin Wall and into the environmental movement, who took over Greenpeace so that my friends who funded it left within a year, because [the communists] captured it – Now the apotheosis as at hand. They are about to impose a communist world government on the world. You have a president who has very strong sympathies with that point of view. He’s going to sign it. He’ll sign anything. He’s a Nobel Peace Prize [winner]; of course he’ll sign it.
[laughter]
And the trouble is this; if that treaty is signed, if your Constitution says that it takes precedence over your Constitution (sic), and you can’t resign from that treaty unless you get agreement from all the other state parties – And because you’ll be the biggest paying country, they’re not going to let you out of it.
So, thank you, America. You were the beacon of freedom to the world. It is a privilege merely to stand on this soil of freedom while it is still free. But, in the next few weeks, unless you stop it, your president will sign your freedom, your democracy, and your prosparity away forever. And neither you nor any subsequent government you may elect will have any power whatsoever to take it back. That is how serious it is. I’ve read the treaty. I’ve seen this stuff about [world] government and climate debt and enforcement. They are going to do this to you whether you like it or not.
But I think it is here, here in your great nation, which I so love and I so admire – it is here that perhaps, at this eleventh hour, at the fifty-ninth minute and fifty-ninth second, you will rise up and you will stop your president from signing that dreadful treaty, that purposeless treaty. For there is no problem with climate and, even if there were, an economic treaty does nothing to [help] it.
So I end by saying to you the words that Winston Churchill addressed to your president in the darkest hour before the dawn of freedom in the Second World War. He quoted from your great poet Longfellow:
Sail on, O Ship of State!
Sail on, O Union, strong and great!
Humanity with all its fears,
With all the hopes of future years,
Is hanging breathless on thy fate!
This fellow, Lord Moncton, apparently got a standing ovation for his speech...
There is a 4 minute Youtube video of this speech on this site..you might want to watch it....
The important excerpt from this site:
At [the 2009 United Nations Climate Change Conference in] Copenhagen, this December, weeks away, a treaty will be signed. Your president will sign it. Most of the third world countries will sign it, because they think they’re going to get money out of it. Most of the left-wing regime from the European Union will rubber stamp it. Virtually nobody won’t sign it.
I read that treaty. And what it says is this, that a world government is going to be created. The word “government” actually appears as the first of three purposes of the new entity. The second purpose is the transfer of wealth from the countries of the West to third world countries, in satisfication of what is called, coyly, “climate debt” – because we’ve been burning CO2 and they haven’t. We’ve been screwing up the climate and they haven’t. And the third purpose of this new entity, this government, is enforcement.
How many of you think that the word “election” or “democracy” or “vote” or “ballot” occurs anywhere in the 200 pages of that treaty? Quite right, it doesn’t appear once. So, at last, the communists who piled out of the Berlin Wall and into the environmental movement, who took over Greenpeace so that my friends who funded it left within a year, because [the communists] captured it – Now the apotheosis as at hand. They are about to impose a communist world government on the world. You have a president who has very strong sympathies with that point of view. He’s going to sign it. He’ll sign anything. He’s a Nobel Peace Prize [winner]; of course he’ll sign it.
[laughter]
And the trouble is this; if that treaty is signed, if your Constitution says that it takes precedence over your Constitution (sic), and you can’t resign from that treaty unless you get agreement from all the other state parties – And because you’ll be the biggest paying country, they’re not going to let you out of it.
So, thank you, America. You were the beacon of freedom to the world. It is a privilege merely to stand on this soil of freedom while it is still free. But, in the next few weeks, unless you stop it, your president will sign your freedom, your democracy, and your prosparity away forever. And neither you nor any subsequent government you may elect will have any power whatsoever to take it back. That is how serious it is. I’ve read the treaty. I’ve seen this stuff about [world] government and climate debt and enforcement. They are going to do this to you whether you like it or not.
But I think it is here, here in your great nation, which I so love and I so admire – it is here that perhaps, at this eleventh hour, at the fifty-ninth minute and fifty-ninth second, you will rise up and you will stop your president from signing that dreadful treaty, that purposeless treaty. For there is no problem with climate and, even if there were, an economic treaty does nothing to [help] it.
So I end by saying to you the words that Winston Churchill addressed to your president in the darkest hour before the dawn of freedom in the Second World War. He quoted from your great poet Longfellow:
Sail on, O Ship of State!
Sail on, O Union, strong and great!
Humanity with all its fears,
With all the hopes of future years,
Is hanging breathless on thy fate!
This fellow, Lord Moncton, apparently got a standing ovation for his speech...
There is a 4 minute Youtube video of this speech on this site..you might want to watch it....
Monday, October 19, 2009
Saturday, October 17, 2009
Thursday, October 15, 2009
$SPX micro trendlines
You might remember this chart from last week. Well, it broke through the trendline it was banging against, and ran up to this new one. Let's see what happens here.
Wednesday, October 14, 2009
Todays charts
The markets gapped up today, and the dollar gapped down. This is what's happening. The dollar needs to find a bottom for the market to stop rising. I'm tempted to say the money printing is causing this. I monitor many other Technical analysis sites, and everybody's work says a top should be in here somewhere, in fact many have been expecting it for over two months now...
So, when so many methods by competent people are not confirming the market action but they confirm each other, then something is going on beyond normal market forces....
Just an update after market close, all of the major indexes except the $SPX have now got the Chaiken money flow going negative. That's usually associated with declines, I don't think I've ever seen much of a market advance under that condition.
The large bulge in the Chaiken money flow up to this point suggests a lot of accumulation, which might make a big decline difficult in the short term...
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