Upcoming-Crash Interesting chart comparison to 2007-2008 crash

[Guitarlots]

Was that tune you were whistling from Hohans Heros ?

[octaviaaugustus1950]

I misspelled Indenpendents. Look average Joe Blow relates to you and me, not millionare Ted. How in hell can he understand joblessness? He's an aristocrat. Even the ones who are re-elected over and over again can not relate. They live in a bubble and the only time we exist is to play Democracy on election day. Then the game is put away and they bring out the Monopoly game. Why do we not elect from among ourselves? Are we that feeble minded? How could farmer John be worst then they are?

[octaviaaugustus1950]

Reagan, Ford, Bush I & II, Clinton, and Obama have an erection for Wall Street Bankers, and Federal Reserve appointees. Greenspan (THE WIZARD) laughed at warnings of a crush due to derivatives. Greed, Greenspan said, would regulate the market and he would not intervene. Later, he admitted his wrong, and at that moment the economy rebounded, everyone was employed and home values grew, and everyone lived happily everafter. NEVER RE-ELECT INCUMBENTS! No Dems. No Repugs. Just Independences.

[2sedated]

Still no crash? :)

[Geostrategic1]

The way things are going in terms of bearish trending international stock indexes, there really could be a crash between July and September 2010. Lets see what happens, especially July 20th.

[ImAManMann]

This was hilarious! Great repost!

[PainfullyUnfunny]

hahaha, funny video, and yes, it's well worth to think about this!

[ytgv3fc7]

to see the rate of change % graph as indicated by Denninger's video here, freestockcharts .c om seemed to find a nice linear trend by choosing 3 days at a time and 160 of those periods for comparison. By extending the line out and recomputing the prices there, you can see ahead then for weeks and months what prices match the crash curvature from last time around, week for week.

[Geefunker]

@ytgv3fc7 Why are you so insistent on replying to peoples' comments on youtube? Would you just get lost already? No one wants to see your name flooding message boards of youtube, as you are the obnoxious "know it all" type, who in all likelihood has never done anything more significant in the investment world than the people who's comments you are bashing. But go ahead and comment on this, as i know you will, and i'll just delete your message before even reading it. But have fun.

[ytgv3fc7]

similarly when using the 131 day time-frame from the rate of change % gains you can see a pattern form long-term (more than 140 trading days) in gold prices (close, USD) from which all the next daily prices can be computed, 2-4 weeks in advance (which is all in my channel comments with the math to do this yourself, for free).

[ytgv3fc7]

That's how my rate of change models work. The comparisons always show up the timing patterns like this - all free with freestockcharts .c om & stockchar ts. c om

[UPSIPO]

Are you people crazy? This is not Lou's video. What are you smelling? This was recommended by Lou.

[pshinspections]

Sure don't need to hire anyone for market analysis, but the relationship in the charts should only escape morons.

[ytgv3fc7]

@pshinspections well yes, but there's one set of morons saying charts are all random and have no utility, trying to tell another set of potential morons never to look at them so they become fully graduated sheeple morons. There's a lot of fools out there that don't seem to understand that if you use these chart-numbers things with this math-stuff you actually get something looking like answers.

[atanboy]

booyah! great find lou.

[skybirdbird]

denninger did a good job of this one!

[oc5nsli341nforce4]

Wow nice find. Typical Goldman Sachs HFT at work!

[stayingawake20]

Wow

[cosmicguerilla1]

very interesting lou

[torkjoy1]

Hey Lou, there is no audio, but I see the resemblance, it is almost identical. Good catch. Jim Shepperd says that before the big crash very possible this year the short term technical indicators called for a temp bottom and a short rally for a week or two.

I am keeping my shorts. What do you think about BP and RIG?

[UPSIPO]

@torkjoy1 Lou did not create this Video, he only recommended it. I totally disagree with Lou on this video. It is trash!

[ytgv3fc7]

@UPSIPO trash, why? The picture's pretty clear. There's a reason for sayings like "history repeats itself"

[UPSIPO]

@ytgv3fc7 Come on man, take any similar chart in the last 20 years and it will fit - providing the rally has been going for a similar period. Do you want wishfull thinking or reality. I am dying for the market to go belly up, but I will not fool myself with an Idiot who made a "comparison chart" and is wisteling instead of talking.

[ytgv3fc7]

@UPSIPO no, it won't fit. Period.

I've been checking over chart patterns like that for months and many do not fit, many create random looking rate of change graphs. It's when you find simple lines, curves and sine-waves you've found a lock. this is VERY HARD TO DO, very far from random.

I know, Denninger IS AN IDIOT, and has a lot of stupid things to say. HOWEVER, these comparisons are highly useful regardless.

Just look at my gold model. It's BUILT ON THIS, and is on the mark

[UPSIPO]

@ytgv3fc7 Well we agree at least about 1 thing "Denninger IS AN IDIOT". I presume you are not in the USA but somewhere else. I really hope you are right and Denninger IS NOT an idiot, because I am really heavy on the short side. When I hear others talking short and bearish, I get upset because the short starts to look as a crowded trade.

[ytgv3fc7]

@UPSIPO oh... crowded trade. Oh silly. The computers and the riggers will unwind any trade they don't like. Didn't you catch that about the flash-crash? They've proven they are willing to select which company, which trade, is not valid and reverse the transaction. short, long, it's rigged and if you're in for lots, you lose.

[UPSIPO]

@ytgv3fc7 Your message is not clear, what do you want to say? I am sure others did not understand.  Text again, (calmly)

[ytgv3fc7]

@UPSIPO My message is clear, and is calm. The rigged market will be reversed for every transaction where you can win a lot, so that someone else wins it, short, long, doesn't matter. NASDAQ & NYSE already did that during the may 6th flash crash and if you missed this you missed the most important financial event in the last 10 years. Period. e.g. if you could earn 200% profit on shorting the Dow, now you lose - the trade is CANCELED.

[econbustsoon]

@UPSIPO The reason for the posting of the video is for one reason only and that is...the may 6th selloffwas the same as the one right before the previous crash. When the market tanked last time....it was a similiar excuse and I remember google as one stock that they cancelled trade because they said it was an error... It's all rigged...Get your head out of you As s......

[UPSIPO]

@econbustsoon We exchanged many times postings on your Videos. I watch every one of your Video. I do not like this video. Is it my right? I think it is stupid coinsidental, and the author an asshole!

NOWHERE IN THIS VIDEO THE AUTHOR TALKS ABOUT THE MINI COLLAPSE ON MAY 6. I REALLY DO NOT KNOW WHAT YOU ARE TALKING ABOUT.

I am super heavy short! I believe the market is criminally rigged. But I do not have to like every video you like. You are telling me "get your head out of yor ass".

[econbustsoon]

@UPSIPO Your technicals and everyone elses will not work for ths major crash and the government won't be able to stop it...Buy Gold and lots of it...Even if you make money in the market you will never get paid...your wasting your time...

[UPSIPO]

@econbustsoon You are cursing , talking trash while I am on your side. What did you smell today Lou? The technicals will misled everybody that is trying to "botomfish now". There is a new video of Marc Faber : I dont know how to post it. But the title is: "Miror miror on the wal, who is the next Aig to fall".

Gold is a looser LOU. There is no inflation now, there will not be inflation, never in the history did Gold go up when there was no inflation. Especially when everybody are bulls.

[econbustsoon]

@UPSIPO Gold will go up wehter it is deflation or inflation. Everyone will pile in when this whole system goes to hell. It will rise and rise big time. It is the only place to hide. This is why I took most my money out of stocks. There is no guarantee that even when stocks plummet we will get our moneyBut with gold I can go to many countries and sell it. It is real and can buy many items where dollars will be worthless and no one will want them

[UPSIPO]

@econbustsoon Lou : part 1 I love you, but you have fallen pray to the Gold Bugs brainwashing. There was never in history a situation where Gold went up without increasing inflation expectations. In 1980 for example. Now.

A) There is no significant inflation.

B) Everybody is talking about Government printing their way out of debt.

C) Ecerybody is running to Gold.

D) Mining Gold costs $300 an ounce. An ounce of Silver about $3.

[econbustsoon]

@UPSIPO money printing and when rates rise you will see hyperinflation.. Heck there is already inflation. Do you see the prices of everything going up? That is inflation. So my gold that was purchased at $800 and your $800 cash? who's money has beat the price increases? me. And you are now buying less food than I can with my gold money... It's over...gold will skyrocket and I will then sell it at $6000 per ounce and buy a mansion for free....

[UPSIPO]

@econbustsoon I love you Lou, but I believe you are going with the herd on Gold. THERE ARE HUGE EXPECTATIONS FOR INFLATION, yet , currently there is a normal inflation, even less than 2007-2008.

Everybody fount a magic solution against all , GOLD. You are not responding to my fundamental arguments about Gold. You repeat all the braunwashing which the Gold bugs are giving you.

Lou, nobody believes fiat money anymore, this is all digested in the price of Gold.

[wanderingeyes11]

@econbustsoon I agree...bernanke is tinkering with the inflation nozzle through all this easy money for the banks. Once the rates are raised Im seeing a completely different way of life for the rest of us who are still blessed to have a job to pay $10 for a loaf of bread...

[UPSIPO]

@econbustsoon Lou : part 2

F) Only Robert precnter (the broken clock I am afraid) is saying that the amount of I.O.Y's which will be lost by defaults - will be greater than the money printed.

If scenario F happens and everybody is surprized, than Gold/Silver will plummet like a Rock, , and stocks will be gone. This is why I am short on the financials. Either way in November the party is over!!!!!!! Republicans are going to take over , and the will let the financials collapse!

[econbustsoon]

@UPSIPO ... I don't even care if gold goes down...because it is still worth more than dollars or any currency.

[UPSIPO]

@econbustsoon I mean Gold will first have to be crashed before I think to buy it. Now Gold is trash for me. More money will be erased by defaults than the FEDS can print. Everybody talks about the Feds printing money, hyperinflation, Zimbabue... The only surprise can be a collapse in Gold. There is no inflation!

[econbustsoon]

@UPSIPO But your wrong there is inflation now...Look at the facts and what inflation is.

[UPSIPO]

What is this wisseling? You can not talk asshole?