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jimkane
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I'll start the week off with this funny cartoon that 'says it all'.



Source: http://www.theburningplatform.com/2013/09/22/sunday-funnies-57/
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jimkane
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Posts: 33,089
This is a pretty good article, but long and a very tedious read. I suggest those interested just read the last six or so paragraphs. This is why I was saying crude at $200-$250. If it really got flooded with liquidity it may even go to $500 before they stop themselves and look for something else to run up. Just bubble after bubble after bubble, it's all we'll see until they reset completely.

http://www.zerohedge.com/news/2013-09-22/what-shadow-banking-can-tell-us-about-feds-exit-path-dead-end
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jimkane
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Posts: 33,089
I truly no longer recognize my country (or the world, for that matter). Over the years I used to repeat two sayings. People would say I'm nuts, a conspiracy theory nut. They were:

'The question is not 'Are you paranoid', it's 'Are you paranoid enough?''

and

'Just because you aren't paranoid doesn't mean they aren't watching you...'

Yeah, well, how are all you critics feeling now, huh? Not so smug anymore, are you?

Get ready to get scared.

http://www.zerohedge.com/contributed/2013-09-23/spy-agencies-are-doing-what
JI
jimkane
Rep: 3,058
Posts: 33,089
Had to stay up for the European open action. Time to see if this pop is for real or not. In the meantime, I was reading this. Scary stuff.

http://www.theburningplatform.com/2013/09/23/fukushima-move-along-nothing-to-see-here/
RA
rat89
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I have a distinct feeling, from looking in different time frames, that $spx makes a marginal new high in the next few days.....1740 area.....after that a sizable move down....
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rat89
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Click image for original size
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rat89
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Click image for original size
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rat89
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tricky


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rat89
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guess they saw that


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rat89
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bingo


Click image for original size
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jimkane
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Posts: 33,089
Nice charts, rat. It's not so far fetched what you are saying. The Russell is now at new all-time highs today, the MidCaps are close, as are the trannies. The Naz is close to a new high for the 'bull'. So, strength is all around. But I'm still torn between a big push into Jan (or even into Oct/Nov), and the three pushes we just had and done, as the debt ceiling circus gets ready to start.
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rat89
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heh heh heh



Originally posted by jimkane

They're trapped like rats, rat.