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MarcinO
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Posts: 5,506
Euro stopped at a very interesting area, showing some potential for reversal: bullish ABCD (H4) zone at the same price level as grouping derived from bearish ABCD on D1, at the top of B point and daily MA(50).

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jimkane
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Posts: 33,089
Another new low for the ES. Are they really going straight to 75, or even 60-65?
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jimkane
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Posts: 33,089
It can't imagine it isn't making its move to one of those lower levels the way it is acting. But, that's usually when it turns, right when it seems about to be crushed.
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rat89
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the rest of the world may not think so, but this is really cool....

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1.128

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jimkane
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Posts: 33,089
Oh, it's really cool, all right...
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jimkane
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A must read. I think it understates things by quite a bit. The biggest problem we face, in my opinion, is that when you manipulate and cover things up, when the truth comes out, it is so brutal it seems inconceivable. In the meantime, things appear great (or at the least not so bad). It's like the Madoff thing. One day everything was grand, the next day so many lives were destroyed I've lost count.

So it will be with us, I think, and the rest of the world. We are already destroyed (but we are being told we are fine while they loot the rest out of us). We just don't know it yet. The deal is already done. I'm sorry to always point out how horrible it is, but I think it's better to at least try to be prepared, especially psychologically, for a radical (and I mean radical) change in your lifestyle. That way when it happens you won't mentally collapse.

http://www.zerohedge.com/news/2013-02-25/guest-post-20-signs-us-economy-heading-big-trouble-months-ahead
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rat89
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what I mean is the turns are very tightly aligned with fib and line....have to wonder if the object is to get everyone exhausted and to the side lines for a move

Originally posted by jimkane

Oh, it's really cool, all right...
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rat89
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rat89
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kz strikes again



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rat89
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I can't stand the suspense!


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rat89
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tell me, tell me, tell me the answer.....you may be lover, but you ain't no dancer.....look out!


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jimkane
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Posts: 33,089
Read the links in this (and scroll up and read the article if you want). It's a 'glitch' in human nature that I simply don't understand (and I've been studying it intensively for years) why there isn't total panic, riots in the streets, and so on, like in many other countries. We will not do anything, as a populace, it seems, until we have a total collapse, then we'll be left with ruins and rubbish, and we'll all be saying 'What happened? No one could have seen this coming... What bad luck this is.'

http://www.zerohedge.com/contributed/2013-03-02/cola-changes-pro-and-con#comment-3293759