thewayhomeorfacethefiredotnet ( free book), read the book and learn about slavery, poverty, criminals, justice, it will teach you how to fight back to regain your freedom and what the rich/ and the system have taken from you using their injustice laws n' government. it explains the truth about God, what He wants and can do for you, not what religions claim to do. Learn the Truth, and with it we will be free (Spiritually and materially)
I HOPE IT CRASHES... THEN THE ILLUSION WILL REALLY HIT THE FAN....BYE BYE FAKE WORLD ... HELLO REAL PEOPLE REAL FREEDOM REALITY AS IT SHOULD BE....LOVE AND PEACE TO THE LOSERS ALSO... IT WILL TAKE A WHILE BUT YOU WILL APPRECIATE IT IN THE END...
it should collapse it has absolutely no business being up ,pumped with fake ass money .Those companies not worth anywhere near that .Some totally worthless .When people going to realize that . They have no future . Soon people will be struggling to buy just food .
The only way market will go up if there is going to be severe dollar devaluation .
do you realize Dow Jones is only around 4000 in gold ? :) that is it only 4000 dollar got devalued that badly already . food 46%up in 8 yrs gas 300%
The only way I see the market heading significantly lower in the face of massive money printing, is if Greece defaults and sets off some kind of deflationary chain reaction. As of today: "Greece on ‘Razor’s Edge’ as Debt Talks Drag On" Bloomberg article, so still a significant possibility.
David do you plan to post again? Would love to see your update with all the new data for 2012. Are you a pure EW guy? Do you think the possibility of 1 trillion dollars being pumped into this market will change your outlook? How can you forecast the future when things are so manipulated?
I am starting to think that the next wave down (after 1310 or so) will be very sallow, only going to 1240 or 1250. I have stopped surrounding myself with EW procastinators and have found another camp that sees a year that gets us to 1450. Fact is no one know whats really going to happen and honestly the last place I want my money is in the market that has little to do with reality and more to do with speculation and greed. Dow 3000 really, not while the printing press is still functioning.
@MrYatesj1 That is not to say the David has not done a fine job in his work. He has paved the way with remarkable precision. In hind sight I would say David could have helped you make some fine returns last year. Personally I just feel the fatalist view of EW does not take into account all variables and has little to do with economic data. Good luck you all.
@MrYatesj1 I am on a mission to become perfectly hedged. I am using cheap mortgages that I will be paying off with inflated dollars if it goes that way (if not, I am still only paying 3%). I am short junk bonds and short the NASDAQ in small quantities (for insurance), and finally I am in cash (because I frankly don't trust the Wall St pigs). On another note: read Boomerang by Michael Lewis. Never have I laughed so hard at something that is so sad. You will love it. Keep posting Amigo.
well if the Fed keeps trying to print their way out of this, your bet will pay off. Thats the question, isn't it. Even Bill Gross is looking at "two possible fat tailed outcomes" one deflationary one hyperinflationary. The Elliott Wave guys are calling deflation. One thing is for sure...something isn't right. Good luck to you.
@harizal5 kinda a coin toss eh? If the USA gets into a war maybe the EWers have a chance to see the complete crash, otherwise a slight up side is simply not that far fetched. Be it through improving economic data or the printing press.
@harizal5 Well looking at food and energy costs I would say deflation is no where to be seen. Goods don't cost less either and as PM's and the stock market continue higher again "deflation", I just don't see it. Oh now I see, deflation of the dollars worth as we print more money, the issue is EVERYONE is printing money so the USD is the lesser of the evils so to speak. Printing will cause general inflation, as long as things get better over time at the point China is the key.
@9pt9 a deflaionary crash will take gold and silver down with it (see charts from 2008). After the crash I will begin accumulating Silver, Real Estate, and other depressed assets and commodities. Good luck.
David, was wondering if the latest move Down from Dec 7th and then the sharp reversal upward today, the 20th of December has changed your view at all. Much appreciated
Check out Soul Esprit. He's got the same forecast, but published it back in September 2011 in his book, "When Will the Illuminati Crash the Stock Market?" and also in his other book, "Fractal Trading."
I see this video date is November 23, 2011. Hmmmmm. Looks like you had some help from him. Should give him credit. See his videos on the side bar.
You borrowed Soul Esprit's analysis and claimed it as your own.
This exact same forecast is in his books. You posted your forecast just shortly after his videos and books were published. Coincidence? Or, plagerism?
@Avantgarde1611 you are being very silly. i actually published my full forecast back in november 2010 in a video called "stock market crash 2011" (found on my youtube channel and blog). so it looks like he copied me if anything ;-)
@Avantgarde1611 you should probably look at more than one video there Soul. David has maintained two possible counts for a while. Also, I thought your count was was calling fro the complete collapse of civilization. Neither of you line up with Prechter.
@Andronichuk so far i can't see the price action to support 15,000. the longer-term count has slightly changed but still heading lower as outlined in the video above. the view from "stock market crash 2011" has played out perfectly, so i am inclined to think the rest will follow.
About a year ago you were super bearish, then a few months later you said you were wrong and had changed your position back to bullish and anticipated a multi-year bull market! Now you are super bearish again and expect a multi-year bear market.
How do you reconcile these wild changes of opinion?
@nevadaxtube i was actually bullish the whole move from 1040 up until 1350 (and caught most of it). then at 1350 i turned bearish, but the market was just hanging. i then thought the next move would be 1400 at least and then turn down. once we got the break lower instead of 1400, i outlined a bounce would come around 1100 and potential exists for new highs if the bounce was impulsive. we got the bounce but because it was corrective in nature, i went back to my original view of the bear market.
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thewayhomeorfacethefiredotnet ( free book), read the book and learn about slavery, poverty, criminals, justice, it will teach you how to fight back to regain your freedom and what the rich/ and the system have taken from you using their injustice laws n' government. it explains the truth about God, what He wants and can do for you, not what religions claim to do. Learn the Truth, and with it we will be free (Spiritually and materially)
TheAlibaba40tencuop 15 hours ago
I HOPE IT CRASHES... THEN THE ILLUSION WILL REALLY HIT THE FAN....BYE BYE FAKE WORLD ... HELLO REAL PEOPLE REAL FREEDOM REALITY AS IT SHOULD BE....LOVE AND PEACE TO THE LOSERS ALSO... IT WILL TAKE A WHILE BUT YOU WILL APPRECIATE IT IN THE END...
LOULOUBIO 20 hours ago
@LOULOUBIO Are you one of those Greenies?
Liamnerfdude1 4 hours ago
Iran War is going to send the Stock Market out of control. Dow Jones will keep climbing and climbing and it will take the suckers down with it
iranwarcom 1 day ago
it should collapse it has absolutely no business being up ,pumped with fake ass money .Those companies not worth anywhere near that .Some totally worthless .When people going to realize that . They have no future . Soon people will be struggling to buy just food .
The only way market will go up if there is going to be severe dollar devaluation .
do you realize Dow Jones is only around 4000 in gold ? :) that is it only 4000 dollar got devalued that badly already . food 46%up in 8 yrs gas 300%
VivaMydick 3 days ago
Its going to crash the day US bombs Iran
iranwarcom 1 week ago
The only way I see the market heading significantly lower in the face of massive money printing, is if Greece defaults and sets off some kind of deflationary chain reaction. As of today: "Greece on ‘Razor’s Edge’ as Debt Talks Drag On" Bloomberg article, so still a significant possibility.
peerless77 2 weeks ago
Hows that crash working out for ya mate?
Like I said a few months back, if we get to 15,000 on the Dow... you still going to be calling for a crash on the way up to that level?
Andronichuk 2 weeks ago
just a bit you were wrong :DD
striaukas08 3 weeks ago
David do you plan to post again? Would love to see your update with all the new data for 2012. Are you a pure EW guy? Do you think the possibility of 1 trillion dollars being pumped into this market will change your outlook? How can you forecast the future when things are so manipulated?
MrYatesj1 1 month ago
I am starting to think that the next wave down (after 1310 or so) will be very sallow, only going to 1240 or 1250. I have stopped surrounding myself with EW procastinators and have found another camp that sees a year that gets us to 1450. Fact is no one know whats really going to happen and honestly the last place I want my money is in the market that has little to do with reality and more to do with speculation and greed. Dow 3000 really, not while the printing press is still functioning.
MrYatesj1 1 month ago
@MrYatesj1 That is not to say the David has not done a fine job in his work. He has paved the way with remarkable precision. In hind sight I would say David could have helped you make some fine returns last year. Personally I just feel the fatalist view of EW does not take into account all variables and has little to do with economic data. Good luck you all.
MrYatesj1 1 month ago
@MrYatesj1 we won't see Dow Jones 10,000 below for a good 30+ years.
Stockadamus 1 month ago
@MrYatesj1 I am on a mission to become perfectly hedged. I am using cheap mortgages that I will be paying off with inflated dollars if it goes that way (if not, I am still only paying 3%). I am short junk bonds and short the NASDAQ in small quantities (for insurance), and finally I am in cash (because I frankly don't trust the Wall St pigs). On another note: read Boomerang by Michael Lewis. Never have I laughed so hard at something that is so sad. You will love it. Keep posting Amigo.
harizal5 1 month ago
I have a completely BULLISH view on the market in 2012
Stockadamus 1 month ago
well if the Fed keeps trying to print their way out of this, your bet will pay off. Thats the question, isn't it. Even Bill Gross is looking at "two possible fat tailed outcomes" one deflationary one hyperinflationary. The Elliott Wave guys are calling deflation. One thing is for sure...something isn't right. Good luck to you.
harizal5 1 month ago
@harizal5 kinda a coin toss eh? If the USA gets into a war maybe the EWers have a chance to see the complete crash, otherwise a slight up side is simply not that far fetched. Be it through improving economic data or the printing press.
MrYatesj1 1 month ago
@harizal5 Well looking at food and energy costs I would say deflation is no where to be seen. Goods don't cost less either and as PM's and the stock market continue higher again "deflation", I just don't see it. Oh now I see, deflation of the dollars worth as we print more money, the issue is EVERYONE is printing money so the USD is the lesser of the evils so to speak. Printing will cause general inflation, as long as things get better over time at the point China is the key.
MrYatesj1 1 month ago
First day of January was very good are you still bearsih
Regge23 1 month ago
Get in to gold and silver before the crash which is clearly coming.
9pt9 1 month ago
@9pt9 a deflaionary crash will take gold and silver down with it (see charts from 2008). After the crash I will begin accumulating Silver, Real Estate, and other depressed assets and commodities. Good luck.
harizal5 1 month ago
@harizal5 crap, I just bought 40k worth of g/s
9pt9 1 month ago
You couldn't be more right about December. I am expecting a very healthy down move in January too. Well see.
YoDudeRock 2 months ago
David, was wondering if the latest move Down from Dec 7th and then the sharp reversal upward today, the 20th of December has changed your view at all. Much appreciated
cherylbarr 2 months ago
@cherylbarr still sticking with my longer term views.
tradeyourwayout 2 months ago
@tradeyourwayout
Check out Soul Esprit. He's got the same forecast, but published it back in September 2011 in his book, "When Will the Illuminati Crash the Stock Market?" and also in his other book, "Fractal Trading."
I see this video date is November 23, 2011. Hmmmmm. Looks like you had some help from him. Should give him credit. See his videos on the side bar.
Avantgarde1611 1 month ago
@Avantgarde1611 LOL. who are we talking about here? i've had my fair share of calls.
tradeyourwayout 1 month ago
@tradeyourwayout
You borrowed Soul Esprit's analysis and claimed it as your own.
This exact same forecast is in his books. You posted your forecast just shortly after his videos and books were published. Coincidence? Or, plagerism?
Avantgarde1611 1 month ago
@Avantgarde1611 you are being very silly. i actually published my full forecast back in november 2010 in a video called "stock market crash 2011" (found on my youtube channel and blog). so it looks like he copied me if anything ;-)
tradeyourwayout 1 month ago
@Avantgarde1611 you should probably look at more than one video there Soul. David has maintained two possible counts for a while. Also, I thought your count was was calling fro the complete collapse of civilization. Neither of you line up with Prechter.
harizal5 3 weeks ago
"The only way my view will change is if the drop appears corrective"...
is that the ONLY way your view will change?
What if we rally to 15000?
Andronichuk 2 months ago
@Andronichuk so far i can't see the price action to support 15,000. the longer-term count has slightly changed but still heading lower as outlined in the video above. the view from "stock market crash 2011" has played out perfectly, so i am inclined to think the rest will follow.
tradeyourwayout 2 months ago
@Andronichuk
A 15000 Dow will probably result in a dollar index of 72..........
DowellForPASenate 1 month ago
@DowellForPASenate you should check out my video - GOLD STOCKS DOLLAR @ Stockadamus The Stock Markets Nostradamus
Stockadamus 1 month ago
Question:
Last time we talked, your big picture view was that of a long term contracting diagonal/wedge....
What on earth could possibly have happened since that has been significant enough to make you redraw your long term view so drastically?
I would suggest you familiarise yourself with "Okams Razor" principle.
I still remain bullish, expecting the long term expanding sideways wedge I outlined about a year ago to continue... nothing's changed
Andronichuk 2 months ago
@Andronichuk LOL, last time i heard from you, you were calling everything wrong. my calls have been pretty good ;-)
you might want to check out my video "stock market crash 2011"
done back in November 2010! be careful, another one is coming in early 2012.
tradeyourwayout 2 months ago
Superb!
mick89085 2 months ago
Hello David. Thanks for the update.
About a year ago you were super bearish, then a few months later you said you were wrong and had changed your position back to bullish and anticipated a multi-year bull market! Now you are super bearish again and expect a multi-year bear market.
How do you reconcile these wild changes of opinion?
nevadaxtube 3 months ago
@nevadaxtube i was actually bullish the whole move from 1040 up until 1350 (and caught most of it). then at 1350 i turned bearish, but the market was just hanging. i then thought the next move would be 1400 at least and then turn down. once we got the break lower instead of 1400, i outlined a bounce would come around 1100 and potential exists for new highs if the bounce was impulsive. we got the bounce but because it was corrective in nature, i went back to my original view of the bear market.
tradeyourwayout 3 months ago