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« Are Munis Next? | Main | Today Was a Big Yuan »

Sunday, June 20, 2010

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RT

Watch out bears, could see a buying panic break out here

Roger's bearoine addict sidekick

Yo,

Anyone got some bearoine they can spare?

I gotta score another fix real soon man.

OK OK, like my last fix? Like it gave a bad trip man!

Almost went toe up man —that ain't funny man I need some of the good stuff.

And like if you guys could also spare some for my friend Roger?

Like y'know I might be able to revive him cuz he's like real comatose right now. He's like turning blue and green and startin' to smell bad.

Thanks for helping out man...

Account Deleted

US markets analysis before opening bell
https://niftychartsandpatterns.blogspot.com/2010/06/yuvan-move-may-give-gap-up-for-wall.html

David

So ... I should be looking at India now that China may be less comptetitive?

Taos Eddy

GRRRRR!

This June 11 cover nailed the exact low so far.

Stone

Direct, sustained monetization wouldn't surprise me a bit at this point.

Agri-producing land, profitable small businesses, and gold are about the only three places I can see as a safe place for one's wealth over the next twenty years. The equity, bond, and futures markets are for chumps at this point.

da bear

Stone,

You are on the money! Running a micro business, family-style small business, or internet-based quasi-racket is the way to go. Prechter talks about putting money into gold and raw land at the next low. So those will be the INVESTMENTS. All other things, the paper stuff, will be for SPECULATION only. And it's probably always been that way...

To the markets: The DOW had a very nice gap up today, now it is leveling out. Perhaps we get a pull-back here. Either 'c' of 2 is about over, or iii of 2 is about over. Perhaps. but let's see about the rest of the day.

Any thoughts?


da bear

RT

Mamma B wrote: Best guess, quick burst Monday morning then correction

Mamma nails the short term once again...shes on a hot streak

https://images.dailyradar.com/media/uploads/showhype/story_large/2009/02/21/jillian_beyor_image_8.jpg

da bear

The gap up high today was 10,594. I was looking for 10,666. Yelnick was looking for 10,529. So we could be due for a correction.

DOW needs a bounce right here.

da bear

David

"Direct, sustained monetization wouldn't surprise me a bit at this point.

Agri-producing land, profitable small businesses, and gold are about the only three places I can see as a safe place for one's wealth over the next twenty years. The equity, bond, and futures markets are for chumps at this point."

Stone, wouldn't bonds do well in this environment? I figure that growth would be slow and deflation more a threat than inflation.

Account Deleted

Dow jones hour chart with bull flag formed on friday
https://niftychartsandpatterns.blogspot.com/2010/06/dow-jones-bullish-flag.html

da bear

Chartanalyst,


So is that good for the stock market going forward, or bad for the stock market?

da bear

Mamma Boom Boom

Thanks RT, I wondered if it fell on deaf ears.

Bird

I think all 5 of us reading this can agree that you are the best Mamma. The best ever.

This doesn't mean you are not a whore, which is an even more enviable profession. You got it, you sell it, you still got it.

da bear

A good conclusion for wave 2 would be a small wave iv or a wave 'd' down then a final burst higher to finish 2. Then the 3 of 3 begins.

The weakness in gold and mining stocks is disconcerting.


da bear

da bear

Looks like 'c' of 2 is over. Now we either get a wave iv or a wave d down before a final burst higher or this rally is over.

I would think that the 10,300-10,400 on the DOW needs to hold. Don't wanna see an overlap.

Gold is weak too. Down to $1,233 or so. I don't think that gold can go below $1,221.

da bear

Mr. Panic

It's over!!!

RT

Correction is over.

It's time to summon the Rally Monkey....

https://www.youtube.com/watch?v=AD34n6XeWXg&feature=related

Account Deleted

Dow jones analysis after closing bell
https://niftychartsandpatterns.blogspot.com/2010/06/dow-jones-analysis-after-closing-bell_22.html

Libra

Mamma B wrote: Best guess, quick burst Monday morning then correction

Mamma nails the short term once again...shes on a hot streak

https://images.dailyradar.com/media/uploads/showhype/story_large/2009/02/21/jillian_beyor_image_8.jpg

Posted by: RT | Monday, June 21, 2010 at 09:13 AM


WELL, LET"S NOT OBJECTIFY HER —she's not Jillian Beyor.

BESIDES, IF MAMMY LOOKED LIKE THAT SHE WOULDN'T BE MESSING WITH MARKET CALLING.

LET'S BE MORE REALISTIC AND SHOW SOMETHING CLOSER TO THE ACTUAL PRESENT REALITY:

https://www.tvscoop.tv/Picture%2B7.jpg

A GOOD CALL IS A GOOD CALL NO MATTER WHAT YOU LOOK LIKE RIGHT?

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