Unfortunately, comparisons to 1987 are spurious. Unlike now, that event was not the end of the rally nor the end of the cycle. Which makes this event more akin to 1929…
I can neither confirm or deny that rumor about BG. 🙂
I can neither confirm or deny that rumor about BG. 🙂
That you are less than an hour from Richmond . LOL
so they could Panic the public into Bonds ..that THEY needed to sell. Now with the deficits getting HUGE you can expect much more of the same every time they need to scare um into Bonds ..The question is ,how long will it be before the buyers question the safety of Bonds with rising rates ? They scare um out of the frying Pan into the fire ,,even stupid will stop that.! Its like jumping out the window to escape the fire .Stay on the first floor ! and watch whats coming down …! (Nobody stores GOLD on the 20th floor,)only idiots and Bonds and derivatives live up there !
When people live in shacks for safety GOD creates a Hurricane to blow all the trash away and the clever dont bother putting trash in a trash can ,just throw it out the window ..let Yellins (or whats his Face)Hurricane take it away !Its like living at the Beach until the storm takes your house away ,but the TAX man dont take the TAXES DOWN ….yer finished.
I live 100 miles from the Beach,100 miles from Mountains,and run off ..100 miles from DC,and have low Taxes ..and minimum risk of earthquakes ….and Im not tellin where ! hehe
They would be shooting their cash cow in the udder .
whats unusual about it…..everything is unusual during this once in a lifetime move……this mornings gap was the result of the stops just above the 50% retrace off the ATH….the boyz are involved in making tomorrows opex payday one for the books…once above 25300 25919 is next target
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dow futs and spooz goin insane this am
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fear rising with price….so predictable ….ie …8 years ago.. Message 26936575
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I should have put a question mark on that pullback. On a 30 min chart that leg down had a five wave pattern. So could just be a Wave A of an ABC. But we’ll see.
DON REPLIES=5 wave c wave is wat it was
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Stall out, what else is new lol At least before even with a downward wave G would move up about 200 dollars before falling again. Was watching Celente the other day. He believes when it’s sustained at aprox mid 1400 s for awhile we should see a move up past 2000. That S won’t move on it’s own but will follow G in the move provided it reached those numbers. Why he believes that fundamentally I don’t know. He did call for G to reach about 2000 years ago and said it will then be taken down. That was before G 1900 and it happened about the way he predicted.
To get costs lower. Then the Futures Traders  can all short ten times the amount of drugs produced. 🙂
is accompanied by impeccable technicals and brealouts…in a normal mkt. technicals matter…the stall out kicks off the topping process and give back of the “big days” gains…that’s the track record…of course, I hope it’s different this time…a big clue is silver…were it down just 5-6 or 7 cent…G&S might have a chance to come back and end with a gain…never mind, either, Â that the $ is down .320…
There’s some pretty serious (but normal) monkey business going on with the metals today on the back of a WEAKER dollar.
Follow thru not allowed…
By Greg Hunter’s USAWatchdog.comÂ
In his latest report, economist John Williams asks the question, “Did the Fed trigger the stock sell-off?” Williams answer, “It sure looks that way. With all the heave selling, the bond yields were rising and investors didn’t like that. Risings bond yields means someone is selling bonds. The Fed was not selling bonds, they were not rolling over the bonds they normally wood. . . . There was a big drop in the amount of bonds the Fed was holding in the last week by about $10 billion. That was the biggest weekly decline since August of 2012. . . . It was enough to put some upside pressure on the interest rates . . . and that was a trigger (for the stock market sell-off). Normally, you don’t crash from an all-time high, not that it crashed, but you did have pretty heavy selling. You didn’t see much movement in the dollar. You didn’t see much movement in gold, and when this market really goes, I think you are going to see the dollar selling off very rapidly and gold being a flight to safe haven.”
The Canyon Cannonball
http://www.railpictures.net/photo/647992/
dollar index down through eighty nine. do i hear the band practicing limbo tunes?
Thank you for the warm welcome back. I follow this site daily and enjoy everyone’s insight and conversations. Alex, you and I are almost neighbors.
Sorry , I missed your short note .
I live in DeLand , but spend much of my time in Colombia .
My wife is from here .
I will return to FL in a couple of weeks .
I think some first year art students could of did a better job painting. Nobody’s fault but their own choosing a racist instead of distancing themselves showing their colors so they can’t complain about it now. They’re stuck with it. They can name his snake in the grass.
FYI WANKA put together a “poster locator” on the right side.