FUTURE STOCK MARKET CRASH 2009 IMMINENT!! SEPT 10 2009

[xshanghu]

Naw, market will soar. Obama's printing presses are working 24-7 in 6 warehouses. Bales and Bales of billions of dollars are being dumped on all Arab countries. With 1000% inflation the market will soar and when you sell out you can use the money and blow it all for a phone call.

[roc260]

did this happen or did I miss it, will it happen again like in 2009? What would I know - as much as spuuuuuuman

[robertplant634]

shows how much this guy knows - fuck all

[thadea]

Wait, he said that gaps are always filled but the market would have to move up in order to do so...

[FuNnYBoNeTiCklEs]

its 2010...theres nothing wrong with the stock market...there werent any crashes in september either.....

[turboz1k]

@FuNnYBoNeTiCklEs What he was talking about is happening right now. Look at the vxx & the loss on the dow, s& p ect. Vxx is headed higher since the 5/6 crash

[pgtv69]

looks like somebody is in love with the short side

always look to go long when interest rates stop going down. history repeats itself

[schakj]

VIX stands for volatility. UPSWINGS in the market can cause an increase in VIX. I would not read too much in 'gaps' anyway. Interpreting patterns in this data is like interpreting patterns in the Bible. Folks, invest on fundamentals and keep your money in for the long-haul.

[rcacad]

it could be years before the vix starts that kind of "fill".....

[marketwatch101]

Well, just when you think you have the key to the market, the lock gets changed. All gaps may get filled but all bull markets begin with disbelief.

[vlad10090]

ok ok ok 2 gaps on the vix above 40....and 70....this is bad ill go and check it for myself......i checked it in june and it was goin up......im seein it now didnt know about it damn....but dow didnt go down still raisin today monday 16 november......hmmmmmm....il check into it and leave a comment

[juliganp]

Bueller? Bueller?

[jamaulbrown]

haha.. that was funny!! :D

[gedaman182]

9864, as far by october 10nd, and what happened duh?

[measax]

run to 10K - hmmm. I think not. Its october baby. just wait until 10/15 when 2nd extension fillings are due. ha

[OntologicalQuandary]

its 10k now lol

[measax]

no its not ;)

[OntologicalQuandary]

uh....

[kingminotaur]

Also SPUUMAN there is NO GAP on the vix at $71.63 my chart has it as a full line with a low of 68.41 and a high of 80.74 so WHERE IS THIS GAP..? ALso no gap at the 48.40 level. high was 49.68 and the low of the day 43.88 BUT NO GAP LIKE you say. Plz comment and confirm. Sept 30th and dow still going higher.

[kingminotaur]

Well spuuman it is Sept 30th and what you said on the 10th about vix etc has NOT happened...the dow has gone higher and now at 9742 yet 3 weeks ago you said SELL get OUT NOW. I admit the dow is high but still NO CRASH 3 weeks after you said it will happen on sept11/12th well not what mr smarty pants..?

[AEVautomatic]

technicals dont work they only seem to work because there is no ... human mind.

[optionslinebacker]

Market loves to jack the largest group that is on the wrong side of the bus. I completely agree with all of the fundamental and technical analysis saying that we should go lower from here, but we might not have reached "euphoria top" yet. I anticipate extended sideways move once upside targets at 1121 have been hit.

[glenzo20071]

speaking of gaps, there is a gap on spx at 1098, and spy 109.64 ( or so). on friday we did fill the 108.02 gap that was made last year. so that could cause a reaction lower short term, but until the trendline is broken to the downside, you should buy dips....and short the top of the market channel.

[cg7seas]

wake up people....this game belongs to the 'illuminati', it's their domain and they have the ability to keep the music playing as long as they want before they decide its time to crash the market for their purposes.....THAT'S WHY THIS MARKET RALLY DEFIES THE FUNDEMENTALS AND DEFIES ALL LOGIC

[marketwatch101]

All bull markets begin with disbelief.

[adamantiaf1]

So where is this "crash"? You morons have your heads buried deep in the sand.  Do you guys even know how to look at charts? There is not a single bit of evidence suggesting a market crash any time soon. And to the guy shorting for the past 2 months - why would you do that? If you see yourself on the wrong side for 1 week, then you should probably ask yourself i you're making the right moves...why would you stay short for 2 months?

[uckfayu]

How much longer do you guys think this can continue. I went short 2 months ago and am getting crushed. All indicators show we should go down, but we don't. This is the most over valued overbought market ever apparently, yet it keeps going up for no reason. I'm open to opinions about when the pullback will begin, as I thought for sure today but it was reversed. Should I expect tomorrow, or next week, or a month from now? What do you all think??

[GoofyVideoMaster]

we have a phi turn date scheduled for tomorrow and 20sma resistance at 1055

wait til then, thats what im doing.

[uckfayu]

Thanks for the reply and advice my friend, I really appreciate it. Lets see what happens.

[andrekirslis]

CRUSHED is a good word for this. I wondered a month plus ago if we'd end up in an identical recovery pattern as the last recovery where there never really was a dip, and everything just got better. With so much expectation for a pullback... we never had one. It's grueling to wait and wait... But this uptrend defies ALL fundamentals. Is it the stimulus?? Is Schiff & Celente just plain wrong. Does GS have it all RIGGED with their Gov't sponsored Program trading?

[Stockchartist]

Does anyone know when the market has rallied this far, this fast from a bottom? The only data I can find is the 1929/1930 bear market rally that stopped at around 50% then plummeted, but since everyone was saying that this would be like that it was inevitable it wouldn't be like that again. The more bears call for a correction, the more the market rallies. Maybe once all the bears give up the market will finally head south.

[uckfayu]

Thanks for the reply my friend. It really sucks. Yeah, I'd say GS does have it rigged, but there has to be capitulation from the longs to keep it going I believe. Unfortunately that keeps happening. It just seems like it can't keep going much longer, but maybe it can. I'm way, way down now, & will not take this loss. I feel like a fighter who made a vow to never give up in a fight, and he's got a broken nose, jaw, hand, lost teeth, but hangs in hoping for a miracle, which can happen, I hope!

[ghahandi]

I feel for you. Use stops. test the waters. use stops. As I write this the market is up 80 points today. I gotta believe this is a pump & dump.  Look at the Dow or S&P monthly with an 18 period SMA. It has appeared to be a good resistance/support indicator. We are right up against it now. Maybe, it's time. But then you look at AAPL. what a run up! We still have a gap to fill on the DJI. Lets see what September brings..

[uckfayu]

Thanks for the reply. Another day gone, and lots more money lost. Hoping against hope, but I will never give in.

[ghahandi]

I would be careful. I hate to give advice, but I will pass this along. Linda Raschke. (A Market Wizard) back tested this: 9 days close above the 5 ema;buy on the close, then close the postion 9 days later for a profit. It tesetd well. WE also had a breakaway gap a couple of days ago in the DJ transports. sky above, or a vacuum. Todays volume was HUGE. I emailed spuu for his take on the volume. You may want consider a hedge, which you could always take off if the market breaks.

[ghahandi]

(Continued) we had 9 days up today. This market is overbought by many indications, but the market will do what the market will do. Trend followers are are ecstatic right now; The trend is, and hasbeen clearly up.I will wait for a break and a reversal in the trend beforeI short. I use 3 moving averages for trend. What I am wondering is this: Is the volume today because fund managers jumped aboard? AFter that last sell off on 9-01, I bought calls. I took profit too soon, and am reluctant to chase.

[JP5466]

50% fib retrace is somewhere around SPX 1125. They will run the DOW to 10,000... easily.

[ghahandi]

Seems t me some kind of retracement is overdue. A crash? Can't say for sure.Just have to go with the flow. If it breaks significantly,(Like on 9-01-09) I will look for lower highs and and lower lows... that should be a clue, also if it breaks the 18 day MA, then it may be "PUT TIME"...or just plain short. Some guy named Fisher came out and called for the market to go to the moon today. Time eill tell. I know this economy is on pins & needles. No logic here. But that's the market befuddling us.

[JP5466]

Ouch. I expect the S&P to go to 1100-1150 area before turning back down. Good luck.

[bluecat1122]

If you're going to short, I would wait until we hit a little above 10,000 Dow, at least. imo, we are going a bit above 10k, but you can never pinpoint it.

[uckfayu]

Thanks for the advice my friend, I appreciate it.

[ghahandi]

I will be watching with interest. Keep an eye on the vix for increased volitility. Spuuman made note of this gap many weeks ago. It was filled last week. So, we shall see. The market has been shaking off bad news. This weekend on YAHOO FINANCE...more bad news. Stocks go higher. I won't fight the clear trend, however, If this sell off occurs, I will be jumping on the southbound train.

[andrekirslis]

...On 03/10/08 the daily candlestick shows opening at 49.68 and closing at 44.37 - covering that area. Thereafter, on 03/20 and 03/30 highs got up to 47.63 and 46.28 but never go up to the 48 level. I'm supportive or your idea, thought not sold the Record 80ish gap will be filled in our lifetime, it was an all time high on the vix. what is critical is the Bollinger Band narrowing recently and the acsending triangle forming for new highs, Its telling of a correction - fibonacci retracement.

[Stockchartist]

If you are using a more basic chart program you might want to look at the $VXO on stockcharts for example, and enhance the chart, I see a distinct gap that needs to be filled at around 52 and 73. We have not seen such an ominous gain in stocks in such a short period of time since the 1929 bear market rally, it usually denote the gaps will be filled quickly, but who knows? This bull market is raging since March, that's forsure!

[andrekirslis]

Um, I think you have some BAD data - at least at the 48.40 level. My $VIX chart doesn't shop a gap there, there is a smaller gap below at 42.2ish. PLEASE EXPLAIN!!!

[adamantiaf1]

So essentially you're fighting the trend and trying to catch the top...Bad idea. You're going to be proven wrong.

[ghahandi]

Spuuman is not picking a top. His analysis warns him that a top is iminent. His warning to us was to be aware and ready. If you watched his trading on thursday a friday, you would have seen he made money both long & short interday. His bigger picture looks ominous. However, I agree with you on one point; no one has a crystal ball, and the trend is clearly UP. A lot of folks over the years have paid a hefty tuition learning not to fight the trend. "POISED" for a sustained bear move. use stops.

[kirkydu]

Good stuff, your sis shares with me a bit. I too have become extremely defensive gradually since July 10, to over 50% cash- some in foreign currency and shorts. As a retail registered guy I can not day trade, however, I do watch technicals. You can read about my fundi view at kirkspano . com

I have a question, is there a way to account for massive money creation on "blocking" these gaps from filling. I think ultimately the govt fails from blocking, however much they try.

[pflau1]

this is like quantum mechanic. you either get the direction right or the timing right but not both.

[ghahandi]

Spuman is the bomb!

[ghahandi]

WE could see a bull sustained move. But the fact that the dow. S&P, and the diamonds did not confirm...shows weakness. I wouldn't be holding a long hand right now. I got stopped out on my short today, but I will re-enter tomorrow,

[ghahandi]

I caught the gap fill today. and so did Linda Rashke's Group...

What does this mean? We are poised for a potential bearish sustained move.

[callaghd]

I thought that was an excellent video. Think of the psychology of the whole thing...the Smart Money makes the retail investor *think* that the recovery is on...market hits a yearly high. The reason why they do this is because they need someone to *sell* to....and without professional support in the market...it tanks hard. Now, when that will be is tough to gauge, but I agree...it will be soon...probably within the next 45 days.

[freefallu]

Im a tired bear , maybe that means something. While i agree that the market is due to crash the whole basis for that theory needs to be something more than we have gaps overhead. Their aint anything to suggest its not going to go higher first.