Starting it off.

Snapped it up, hit the ABCD level, it clearly 'sees' that, yawn.

Like watching paint dry...

Can be a nice way of spending time...
... if you have enough beer at hand

Originally posted by jimkane

Like watching paint dry...

Yeah, copious beer would be a necessary requirement for that operation...

Here's a must read. I'm not saying it will change anyone's day to day trading, but those that can only buy, buy, buy, well, they better be ready when the tide shifts. From this article, here's a few charts. To me, the most important SL in the history of trading is the one over the red peaks here:



And this one, one of, if the the most important fundamental charts I have ever seen:



It's only a matter of time, and it's gonna be something to see. Bend over, reach your head up, and kiss you a#% goodbye then.

http://www.theautomaticearth.com/debt-rattle-jul-6-2014-how-things-look-and-what-they-are/

Here's the link from the first article, where those charts originally came from. You just gotta read this...

http://www.forbes.com/sites/jessecolombo/2014/07/01/these-23-charts-prove-that-stocks-are-heading-for-a-devastating-crash/

So, you know those emails we all get (I get so many I can't count them all) saying this or that two cent or eight cent stock is going to zoom, and I better get in now? I usually get slews of them for one symbol, and then slews for another symbol, and so on. Okay, so we are all bustin' our a#%es off, and making short money for it (for my overseas readers, 'short money' means 'not much', it has no connection to money made shorting stocks). So, where does some of that money stolen from us forcibly every day by the money printing manipulators go? It goes to making a billionaire out of a guy in Belize (where this company below is located) using a completely illegal pump and dump strategy. I'm in the wrong business...

http://www.zerohedge.com/news/2014-07-07/market-top-meet-1-billion-company-zero-revenues

Here's a writeup before they soared well over a billion market cap.

http://seekingalpha.com/article/2274553-cynk-technology-promoters-push-market-cap-to-655-million-despite-39-in-assets-and-no-revenue-100-percent-downside

I say good for them, nothing wrong with capitalism. Reminds me of the dot.bomb days. Pretty sick, people are starving to death daily on this planet, and a guy in Belize becomes a billionaire using illegal games and stolen savings, and nothing will be done about it, except more of the same.

Watch the 3-min bullish ABCD area...

So, this is what recovery looks like in 'exceptional' AmeriKa? 2008 was the 'wave 1' (crisis-wise), and I have less than zero doubt 'Wave 3' is going to be quite an extended wave, not one of those 1.618 multiples of 'Wave 1' (again, in severity of crisis, not stock market values). I've been saying for a long time now "America is gone". Now I see I'm not the only one. The whole planet is gone.

If any written history survives (something I'm not so sure about), they will look back at this period, of when we were in the eye of the storm, a storm that gained a tremendous amount of strength while we were in the eye, and muse about how no population in history has ever deluded themselves this much (not just the U.S, but the world, as I see Europe being a bit worse off than we are (yes, I think, mathematically, that's the case), and Japan and China as complete jokes). They will wonder how we could even do this, pretend we are fine when the world was burning around us (normalcy bias to the umpteenth power), waste the only chance we had to salvage something, and we just sat back, let the power-mongers make it a lot worse, loot us fully and completely.

But, I've come to conclude it just has to play out this way. Something worse then WWII and all that suffering just is in the cards, it has to happen. It has to, because we didn't do anything to stop the groundwork from being laid over the decades. Bye, Bye, AmeriKa, and world. Bye-Bye.

http://www.theburningplatform.com/2014/07/10/shock-report-70-million-people-would-be-starving-in-the-streets-without-government-welfare-programs/