Quote:hi focus
ive seen him make some excellent calls. as far as my take. we are days away from a major top that will see a bottom in late 2012. i follow the 5 year cycle which peaked in 0ct 2007 and elliot waves. the elliot wave for the qqqq indicates to me we are close to a top. however elliot wave is notoriously unreliable. if the dow here breaks hard over the next couple of weeks then the odds of me being right are higher
Look for a top May 18-June 16. Use the 30/20/10 Moving average on a daily basis to time the top.If it breaks the 10 I'm out. Use the RSI/MACD/CCI to also gauge the break down -all must be in unison.Terry Laundry has found a 14 week pattern in this particular rally since March 2009 -10 weeks up 4 weeks down -approximately -
http://ttheory.typepad.com/files/dailych...401pdf.pdf
Also I use Dan Sullivan and Jack Schannep for insurance on the down side. Schannep uses the Dow Theory:
Schannep:
"Here is the setup for a potential Dow Theory Sell signal or another "in the clear" (which I will keep up to date here until it is resolved):
Note: the qualified secondary reaction was currently followed by the 3%+ bounce that we were expecting and now we are looking for new highs on all three indices as the Transports have already done, or in the alternative a setback that drops below the pullback lows which would be a Sell signal."
Numbers: Dow 12391 Transport 5298-OK S@P 1343
Quote:There is a lot I can say about this article. To understand what is being done here one has to be knowledgeable about thought reform techniques, commonly known as mind control / manipulative coercion / brainwashing, all part and parcel of propaganda techniques.
I'm not going to dissect his words piece for piece, instead I'm going to just point out a technique mainstream media employs to advance an ideology, and "get everyone on the same page".
First they set someone up as an expert, in the case of this guy using his impressive Goldman Sachs credentials and accurate past predictions. So everyone sits up and takes notice when he speaks, and once he has the floor, he becomes a useful tool for advancing an ideology and agenda.
Words are powerful things where financial markets are concerned, so he might even be instrumental in fulfilling the prophecy, just by making these pronouncements, supported by the weight of his public persona.
I practically stopped reading halfway through, it was obvious to me what was being done.
He paints this as a future prospect, when it's currently going on and has been for decades:
Quote:Charles Nenner says that the major reason for that will be a change in the war-and-peace cycles. In other words, the governments will be actively investing in military actions in order to stimulate their economic development at the expense of expanding their military industrial establishment.
Also notice the obvious dichotomy above, investing in military actions doesn't hinder the expansion of their military industrial establishment, it advances it. No wonder the populace is in a perpetual state of cognitive dissonance.
The fact that he was the chief analyst for Goldman Sachs is also a red flag. When people have inside information, it's usually because they are insiders...
This guy is using a 'financial platform', but it's the same old/same old - advancing the Zionist/Arab conflict. I find it very interesting how this is being done on both sides, in the West and in the Arab world.
In the Arab world a documentary is being circulated far and wide: Iran’s “End Times” Documentary and the “Last Messiah”
http://www.insideofiran.org/en/news-anal...ntary.html
http://www.youtube.com/watch?v=WwiadYT-N...r_embedded
In the Arab world they use the religious platform, because that is how the Arabs are inclined. In the West they use a combination of different techniques, because the population is so varied - secular & religious (cover all the bases).
Sheep to the slaughter, and the puppet masters are chuckling all the way to the bank. Divide and conquer...
Disclaimer: This is my own opinion! Wink
PS. Not to mention that if all "big-scale market participants (including pension and hedge funds, corporations and major investors)" pulls out on his recommendation, the market 'will' collapse...
I do not disagree, however, there's more to these cycles than just the talking heads--
http://en.wikipedia.org/wiki/Kondratiev_wave