JI
jimkane
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Kicking it off. I'm not sure why I'm even doing the forum anymore, but still kicking it off. I guess I do it for Marcin, rat, and the other guy, and the small handful of others who come in now and again...
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jimkane
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I just realized I didn't even post in here today at all. It really followed a template, too. Quite amazing.
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jimkane
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Yeah, rat, that weekly chart is the one I posted a few times awhile ago. It was my last real hope for the 'bull' to end. It has pushed and overthrown that as much as it can and still have some hope for it to turn. I give it about a 1% chance of ending the 'bull', and I think that's generous. If it gives way, it may end up at a 100% warning line i.e. one full set width above. That would be approaching Armstrong's levels. I've waited on this for literally years, only to be disappointed again. I see only one likely course, as I've said for a long time: up until Armageddon.
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jimkane
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And this is where we are at. Only two longer 'bulls' in history, the one leading into 1929, and the one leading into 2000. Yeah, this will end well, especially if we see Dow 43,000...

Source: http://www.zerohedge.com/news/2014-11-21/5-things-ponder-rising-risk

Source: http://www.zerohedge.com/news/2014-11-21/5-things-ponder-rising-risk
JI
jimkane
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Only rat and Marcin today. At least there are the three of us. Better than a poke in the eye with a sharp stick, as they say.



