Lot of financial data coming out next week, lots of bad news. I had expected a suckers rally to 10,000, but looking at the charts I see a triple bottom reversal formation so now i am not so sure. We've definitely entered bear territory.

I think we'll see it get high before going low and then tumbling into a triple reverse swap of medium, then perhaps upper average to lower middle and back again. My pie graph shows lots of impervious decepticons coming from the north and invading Poland by spring, then back to the east with the Vikings. Time will tell.

I expect 9k by march. 7k occasionally in the interim. uhhh... I guess I can't vote for either then.

My tea leaves are pointing to a nude descending a staircase by Marcel Duchamp. The Dada movement is long dead of course, but here we have the Doodoo movement, with the bad news coming in a torrent that shows only a propensity to wax rather than wane, and there's nothing poetic about it.

I think technically we are set up for this 5700 bottom that is outlined on this image. Like I say I had figured we would see a suckers rally into the 10,000 range prior to a floor that I honestly expect to be around 5000, actually I will sell some gold when gold and the DJIA are equal LOL.



If we don't get the suckers rally here soon, which I am now as I said not convinced we will I think it will be a VERY long time before we see 10k+ again... VERY. I did not gamble on this rally because I wasn't confident, as I have stated I am completely out of the dow and only dealing in commodoties and I've done very well and expect to continue to do well, I will wait for that "blood in the streets" moment before I blink at the paper game again.



There was a huge sell off at 8250 which again indicates to me a potential top.

it was looking ok to start a gradual increase, but with all the bad news, 5700 looks like a good number lol

I was looking at some of the stocks I sold when I bailed out and what they are worth now.



brk.a - Sold @ 137,000 per share Worth 86,350 Today



GE - Sold @ $38.50 per share Worth $13.03 Today



SBUX Sold @ $17.25 per share Worth $9.17 Today (still lost $30k on this one)



Praxair Sold @ $89.90 per share Worth $59.63 today

OOH, one more day and someone voted for the upside! RALLY RALLY RALLY

Booo on naysayers! The rally will commence!

i still say down in flames!



900 billion of govt spending, is like going to the nicest steakhouse and getting a MCfishy meal

New bail out is really gonna fix it all!

We soon will have no need for money, Comrade, nor the troubles that it causes. We will all be brothers working for the common good.

I'll meet you in Poland for tea and deception.

I have one thing to add. PAPER IS FOR WIPING YOUR ASS, COTTON IS FOR WEARING it is NOT money.

I love Jim Rogers assessment of Geithner: "[he] has been dead wrong about everything for 15 years in a row," and so was President Barack Obama's economic advisor Lawrence Summers, who acted as Treasury Secretary at the turn of the century.



Also: In addition, the recent shifts towards protectionism are harmful, Rogers warned.



"This is very dangerous, that's what caused the great depression in the 1930s. If it happens again, then you'd better sell all the stocks, you'd better sell a lot of everything and bunker down," he said.



"We already have a lot of social unrest developing. If protectionism comes back, you'd better be really, really careful," Rogers added.





http://finance.yahoo.com/news/Banks-Rescue...c-14311295.html

jim rogers ******* ROCKS

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Not much fortune telling needed for this one at this point LOL

yeah.... lol

I have a Nigerian banker giving me great financial pointers..

I have a prince in africa that is setting me up with about 12 million. Once that happens I am going to buy nopistons out and do whatever the **** i want to everyone.

Awesome, maybe your people can talk to my people..

I dunno, my guy is pretty low key, i'm pretty much the only person he trusts, that's why he is compensating me so well.

This is the other guy I take advice from...

lmao, that guy was cool...



BTW dad says economy is going to trend up slightly over the summer and then tank again in the winter

sept/oct

next stop 5700