Starting it off.

1.0940-50 is likely to be hit overnight or around European open.

Especially read the part about the pound and his view if it closes for the year under 147 (second last paragraph). Even though it would be no issue for it to drop that last bit in the time that is left in the year, I totally (completely and utterly) don't see it happening. It will close just above it, and stave off any crash. The game goes on. It can't close below because it could crash, then, and 'they' know that completely. But I sure wish it would close below...


http://www.armstrongeconomics.com/archives/41005

Okay, we've crossed the Rubicon (the point of no return) in the U.S. Jumped the shark. It's all over but the crying. I already knew that, but this just cements the deal. I just heard on my local news the results of a new worldwide poll. Guess who the most admired woman on planet earth is? From the far reaches of sub-Saharan Africa, to the jungles in Indonesia, to rural villages in China, to Singapore and Hong Kong, to the Australian outback, deep in the heart of Russia, and far up in the Andes, it's... guess who... Hitlery Clinton. She was 3.25 times more admired than Oprah, and has made the list 20 times! And the most admired man on planet earth? From a far-reaching, deep worldwide representative survey... You got it: O'Bummer. He was 3.4 times as admired as the second place finisher, the pope! There it is folks, the most admired man and woman on planet earth are Hitlery and Barry.

Now, here's what I am trying to figure out. Am I more terrified of the implications if this poll is 'real', or if it's not... If it's real, we are totally done. Zero hope. And how done are we if the goob-er-mint and the presstitute media would actually make this up and put it out there, played by every local news station (and I'm sure the national 'news' whores, too)... And studies have shown elections can literally be swayed by how Guggle search results are done for candidates, so how will this work for gullible AmeriKans? We all know the answer to that one. I'm trying to figure the answers to all this by rolling a die here and unfortunately all six sides have 'totally done' written on them. Holy-frickin'-cow people. Holy-frickin'-cow.

Euro falling down as expected, but it's still about 40 pips above the zone.
Apart from key level, 40-50, there is also a minor support in lower 60s.

The ES should come back in here now, but when it's so strong, and racing for a monster year end close, it might not. But, it's in position from this exact spot.

Otherwise my next area is 89-92, which lines up pretty good with rat's SPX area on his last chart. That is, until it blasts to new all-time highs on the last day of the year? What a close that would be. I can't see them not wanting that.

Yawn. I guess it's just ride until close... of the year.

Okay, watching here to see if that's it. They are giddy on bubblevision and expect more upside today, so I'm on red alert.

Well look at that! Blasting off. Like I said, I have no role today at all. Well, except one can do buys and sells on every dip on top of any running play, and that can be a lot of fun.

And, indeed, that was it.

Originally posted by jimkane

That's realistically all I would expect right there.