The SPX has finished the first beg wave down with all the necessary ingredients to make a bigger recovery. Although the low was manipulated with an unseen event of 'smart call buyers' at the low it is still valid for now.
By fundamental means the valuation was not cheap at all at the low but that you can expect only at the real low which is far away in time and price parameters.
We can now expect a substantial ABC correction up with 850 the minimum magnitude but rather 950 before the big next wave down starts. Since the downmove started 18 months ago we can even expect the upside consolidation period to last up to 6 months from here. First of all the plenty programs introduced by the FED and Treasury will basically pump up the value of banks temporarily as they generate fabricated safe profits for them and will at some point even reinstate the faith of the public that the phony Obama admin has done the the trick. You will see analysts revising up the earnings and the cheerleaders drumming Mainstreet back into the markets at the highs. Actually astrology confirms such an event as Jupiter will be conjunct Neptun from May to Aug which creates false optimism as the bigger picture has apparently really the worst is still to come constellations starting in the 4th Q of 2000 as Saturn will get square Pluto followed in 2010 by Uranus square Pluto which are the most destructive energies one can imagine and are building a T-Square towards 2012.
So do get let fool yourself by a temp upswing as we had such events in 1930 USA and 1990 Japan as well but really ugly stuff happened thereafter especially beyond 1930 ( which had a similar astrological constellation).
Obama is not the man he pretends to be as one can see easily at his birth chart, actually he has pretty good deception skills and is ruthless by nature and as a Leo loves his power and to fly around with Airforce One :). He did not keep any promise and all his stuff he hired speaks volume of his real agenda. He is even a more dangerous puppet than Bush and he was made president by the Rothschild boys who after all just use him. All he says against Wallstreet is phony as he acts the opposite way in reality. He prolonged the patriot act and even prepares even worse things as he wants to create a civil army within America under his direct order under homeland security to get ready for the riots.
Get rid of all your stocks and bonds in this upcomimg rally and start to buy Gold as it will become cheaper again. Second you should activate your democratic rights and block any of those upcoming undemocratic actions and legislation. Start now and be decisive and determined to kick ass until mid term elections and make sure the right people get elected which will not be easy as most of them are lobbyists and corrupt.
Sunday, March 22, 2009
Subscribe to:
Post Comments (Atom)
About Me
- getagrip
- I am a professional independent trader
No comments:
Post a Comment