Technicals say bear market rally could fail here or run a bit longer and fail in the fall to test new LOWS.People are getting too bullish based on poor indicators and will be sucked in based on fake bank earnings. The economy is in much worse shape than it was last year even though MSM is trying to play the spin doctor on any minor data that ends up being revised down later. People who did not sell in this rally or even worse bought back in will be crushed within 12 months if not by Q4.
the SPX WEEKLY says : 865 is a key level that will tell us what to expect. the lies may be able to sustain this rally to early May maybe even make it to 940. look at GS, make you want to throw up? pad the stock price and then annouce they want to do a new issue. nothing has changed in good ole wall street. look at KIMCO. BAC gets ML to change from sell to neutral , does a stock issue, pays back BAC a loan that would have gone bad with the equity issue proceeds. sick!
On the TV news on Thursday was a report that twons all over Britian are becoming ghost towns so many shops are closing, including my home town of Warrington, a lot of shos have gone, and all the rest seem to be having constant sakes till they to go bust. A lot of hope is being placed on this Easter shopping spree, to 'hopefully kick start the economy out of the reccession'.
Ahh the voice from OZ. Great to hear from you. Fantastic update. 5 stars.
I think my wife secretly admires u. But we watch this channel religiously, so much to learn and you bring it to us. Thankyou thankyou. Cant wait for the next post.
Back in the 80's I lived in Burbank, a suburb of Los Angeles. One morning I walked out to my car, and there was a large flock of parrots, many different colors hanging out in a tree! I couldn't beleive what I was seeing - where those parrots came from???? What were they doing in LA? I never heard of wild parrots in California. The only thing I could figure is maybe they escaped from a movie studio. Anyway, GREAT VID, John. I learn something new every time!
Charts never lie. Long term bear channel and when we head down it will be big one and they are going to try to stop it my reinstating the up tick rule and every other fancy concoction they can think about to artificially prop up the markets. I sell all rallies to the top of the channel, but that is just my long term bearish forecast.
the market broke through to the upside with that manipulation on a low volume trading day. does that bode a big reaction down? how much of a role do you think organized crime plays in this market?
are you serious. They methods the FED used to create this artificial/bear market will come out. The profits Wells Fargo and the market is celebrating come from the loans the FED gave to Wells at 0%. There is know money in this, only inflation. Thats why you still see unemployment going up. None of the data even includes the morgages that are "upside down:. So the only conclusion i draw from the rally is that inflation is now here and will get much much worse.
Unemployment is a lagging indicator and we are in a deflationary state right now. I'm not saying rosewood223 is right. I'm just saying the data you cited just doesn't work.
second sentence i believe i used the term "artificial". meaning they can spend money to prop up markets but it wont pan out unless people get beack to work. reminds me of the "jobless" recovery we had after 9/11 and were warned of a double dip recession. Artificially, we avioded that with inflation in the housing market. In the '90s we avoided it with cheap energy.
Just woundering, how are we going to avoid it this time? Where does the inflation creap in before its to late?
The market and the economy are two different beasts. The markets are a manipulated and controlled casino and the economy is reality. Right now reality sucks. There are NO posiive indicators: only a fake numbers released by the puppeteers. Remember " the dumb people lost their money in 1929 while the smart people lost theirs in 1932-33. The BEAR roars on.
Have you factored in the massive manipulation by all gov't entities, by relaxing FASB rules retroactive to Jan1, as evidenced by Wells Fargo's up-guidance (strategic on a Friday with markets at resistance) today, they just marked-up their Level 2 and 3 toxic paper, doubling their earnings. The Plunge Team knows the market can't go up without financials. The shares in banks; AIG the Fed owns are NOT available to short. They are essentially making sure the bank stocks can ONLY go up. (or flat)?
This comment has received too many negative votesshow
expect a large market crash this month as folks join this stupid april 15th republican sponsored tea party crap. It pains me to see them acting like children complaining about bailouts when they offer no solutions and not even phsicial responcable budget either. Either case roits or protests whichever the republican scum is pushing for will have short term negitave effects again as investors grow uneasy that the promised future bailouts will not pass.
hey matey, good to see you sharing lovely info :) hope all is well with the fam. Watching the Cricket?? its going to be a gunner of a match! anyway brother, talk to you soon.
everything that happens over the next four years is designed to get the evil republicans back in power.The economy-Iran-North Korea-Mass shootings-Terrorism
It's only another dead cat bounce. They are so desperate to prop things up that even the most outlandish and ludicrous set of news that come out everyday give the sensation of hope. The markets aren't responding to real news and the frank decline in economic activity, they will continue to lie to survive. As the suckers get gobbled up and the losses mount, the only thing left for the "players" is to speculate about hitting the bottom. We are in a bottomless fall right now.
well.. if i had to give an estimate to where the bottom is... I'd take the trade deficit of the last 10 to 15 years and compound it with interest.. That number might represent how far we could fall to break even with where we were. .... anyone know how many trillion that is? Or if the market is even worth that much?
Thanks for the analysis! Even without looking at the technicals, it is hard to fathom why the market would do anything but continue to decline. Despite the recurrent upward blips, usually in response to the "hopium" being smoked by those who buy the "green shoots" nonsense peddled to them by the PTB, the market is a long way from its eventual nadir.
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DayTradersWin 1 year ago
Yes seems like the market is weakening. BUT...
Disclaimer : this information is for educational purposes only. Never invest without first seeking advice from your stockbroker or financial adviser.
We never claim your can profit or make money from the information in these videos.
myspacesecrets 2 years ago
Nice call thanks A bunch dow down big, I recalled you video :)
jamesandhoa 2 years ago
Spot on 260 point drop in the dow today i saw someone calling for a 100o dow too
Love your TA vids the best on you tube great work
prepare2008 2 years ago
Technicals say bear market rally could fail here or run a bit longer and fail in the fall to test new LOWS.People are getting too bullish based on poor indicators and will be sucked in based on fake bank earnings. The economy is in much worse shape than it was last year even though MSM is trying to play the spin doctor on any minor data that ends up being revised down later. People who did not sell in this rally or even worse bought back in will be crushed within 12 months if not by Q4.
taineasy 2 years ago
What do your charts say about gold ?
marketwatch101 2 years ago
What books did you read which enabled you to become such a genius investor?
TaffyAlpha 2 years ago
im no genius...i recommend no books.
get yourself a mentor...and learn everything they know. there is no quicker way to get good at something.
myspacesecrets 2 years ago
Don't all bull and bear markets start with disbelief ?
marketwatch101 2 years ago
the SPX WEEKLY says : 865 is a key level that will tell us what to expect. the lies may be able to sustain this rally to early May maybe even make it to 940. look at GS, make you want to throw up? pad the stock price and then annouce they want to do a new issue. nothing has changed in good ole wall street. look at KIMCO. BAC gets ML to change from sell to neutral , does a stock issue, pays back BAC a loan that would have gone bad with the equity issue proceeds. sick!
maximumvalues 2 years ago
I'm here I will post an update in the next 24 - 48 hours.
Thx for watching!!
myspacesecrets 2 years ago
Do your chart with the S&P 500 instead of the DOW which only contains 30 stocks. Are the results similar ?
marketwatch101 2 years ago
love you deep voice and you vids man. Been watching now for about a year.
Your predictions are insane and always correct. Please post another vid soon. I love this stuff.....cant get enough of it. What do you see next???
igotflickedoff 2 years ago
On the TV news on Thursday was a report that twons all over Britian are becoming ghost towns so many shops are closing, including my home town of Warrington, a lot of shos have gone, and all the rest seem to be having constant sakes till they to go bust. A lot of hope is being placed on this Easter shopping spree, to 'hopefully kick start the economy out of the reccession'.
Puzzoozoo 2 years ago
You should read a random walk down wall street
Wcoltd 2 years ago
please just crash :(
charlie4114 2 years ago
thanx for this great explanation again!
bartruys 2 years ago 2
i can see it right now that one day one of his guests is gonna shove a mustard seed up kudlow's ass
dudebud007 2 years ago
Well done MySpace. No superlatives good enough to describe your analysis. Keep em coming
andrewebisu 2 years ago 2
thanks guys.
I'm not special, just a regular guy trying to help other people through this mess.
myspacesecrets 2 years ago
oooorahh..
Great myspacesecrets. Looks like the market could be in trouble again.
Great analysis, great voice, great info. You should have your own show. Amazing dude. Keep up the great work ey.
Govt suck, keep bringing the truth my son.
quit2day 2 years ago 2
Ahh the voice from OZ. Great to hear from you. Fantastic update. 5 stars.
I think my wife secretly admires u. But we watch this channel religiously, so much to learn and you bring it to us. Thankyou thankyou. Cant wait for the next post.
illuminatikey 2 years ago 2
wow damn, I was wanting you to post!
I always cant wait for everything you bring to us subscribers.
You are a legend man. Your predictions are second to none.
Dunno how u do it...just please please please keep posting.
igotflickedoff 2 years ago 6
Thanks, its always an exciting lesson to listen to your insights.
qminusis 2 years ago
Back in the 80's I lived in Burbank, a suburb of Los Angeles. One morning I walked out to my car, and there was a large flock of parrots, many different colors hanging out in a tree! I couldn't beleive what I was seeing - where those parrots came from???? What were they doing in LA? I never heard of wild parrots in California. The only thing I could figure is maybe they escaped from a movie studio. Anyway, GREAT VID, John. I learn something new every time!
Rockerchic4God 2 years ago
wtf lol
LIBBMW 2 years ago
ive stopped paying attn to the markets...they do not represent the reality of the economic situation..government is participating
centervilletn 2 years ago 2
Major Ditto Here!
Rev. Lonnie
rlmccullough 2 years ago
wells fargo lies : If I get say... $40 billion in loans, and show $3billion in profit, am I profitable?
what happens if you take away that $40 billion, I think I'll be -$37 billion profitable (that's negative)
myspacesecrets 2 years ago
Good technical video, thanks for sharing your knowledge.
marekd 2 years ago
I totally agree Bro!
Rev. Lonnie
rlmccullough 2 years ago
Charts never lie. Long term bear channel and when we head down it will be big one and they are going to try to stop it my reinstating the up tick rule and every other fancy concoction they can think about to artificially prop up the markets. I sell all rallies to the top of the channel, but that is just my long term bearish forecast.
formulaprimer 2 years ago
some manipulated moves today. hang on to your hats.
myspacesecrets 2 years ago
the market broke through to the upside with that manipulation on a low volume trading day. does that bode a big reaction down? how much of a role do you think organized crime plays in this market?
elephantinpajamas 2 years ago
THanks for update, great to hear from you.
PlatinumGordon 2 years ago 2
Comment removed
solarisgalrocks 2 years ago
I'm wondering if you are using k-waves or really just general trends for a K.I.S.S. approach for your viewers.
digiring 2 years ago
Thank you for the updates!!! I always look forward to your videos.
friscioni12 2 years ago 3
u missed the boat!!!
market has bottomed and to rally to 9500 at least
rosewood223 2 years ago
are you serious. They methods the FED used to create this artificial/bear market will come out. The profits Wells Fargo and the market is celebrating come from the loans the FED gave to Wells at 0%. There is know money in this, only inflation. Thats why you still see unemployment going up. None of the data even includes the morgages that are "upside down:. So the only conclusion i draw from the rally is that inflation is now here and will get much much worse.
limitedplay 2 years ago
Unemployment is a lagging indicator and we are in a deflationary state right now. I'm not saying rosewood223 is right. I'm just saying the data you cited just doesn't work.
digiring 2 years ago
second sentence i believe i used the term "artificial". meaning they can spend money to prop up markets but it wont pan out unless people get beack to work. reminds me of the "jobless" recovery we had after 9/11 and were warned of a double dip recession. Artificially, we avioded that with inflation in the housing market. In the '90s we avoided it with cheap energy.
Just woundering, how are we going to avoid it this time? Where does the inflation creap in before its to late?
limitedplay 2 years ago
The market and the economy are two different beasts. The markets are a manipulated and controlled casino and the economy is reality. Right now reality sucks. There are NO posiive indicators: only a fake numbers released by the puppeteers. Remember " the dumb people lost their money in 1929 while the smart people lost theirs in 1932-33. The BEAR roars on.
taineasy 2 years ago 3
great stuff!
wish your vids were like an hour long! I really enjoy your delivery and especially the content!
my thanks to you.
PestControl02 2 years ago 2
Have you factored in the massive manipulation by all gov't entities, by relaxing FASB rules retroactive to Jan1, as evidenced by Wells Fargo's up-guidance (strategic on a Friday with markets at resistance) today, they just marked-up their Level 2 and 3 toxic paper, doubling their earnings. The Plunge Team knows the market can't go up without financials. The shares in banks; AIG the Fed owns are NOT available to short. They are essentially making sure the bank stocks can ONLY go up. (or flat)?
irenderit 2 years ago 3
hi, regarding the Dollar collapse you may wish to have a look here: watch?v=50okvTMmR0s
I am not sure whether I have been blocked for video responses or whether they are disabled, but I couldn't post that one here.
miguelsotoseudonimo 2 years ago
wild. . .cockatoos?
That part threw me, it just seemed so odd to me as I live in Alaska and the thought is absurdly bizarre. XD
Anyways, I'm going to finish your vid, I'm sure it is as wonderful as always. :)
simplewhimsy 2 years ago
Your views are greatly appreciated.
That's an understatement.
Capcom
capcom101you 2 years ago
wow thanks always great to hear form you cap mate.
myspacesecrets 2 years ago
This comment has received too many negative votes show
expect a large market crash this month as folks join this stupid april 15th republican sponsored tea party crap. It pains me to see them acting like children complaining about bailouts when they offer no solutions and not even phsicial responcable budget either. Either case roits or protests whichever the republican scum is pushing for will have short term negitave effects again as investors grow uneasy that the promised future bailouts will not pass.
twylightsky2007 2 years ago
Every time I watch Fox Business or Kudlow, etc...one phrase keeps coming to my mind..BS!!
truthsabre7 2 years ago 2
Good anaylsis, why for the life of me anyone would think this is over..but ,I keep meeting them ...Love the bird effects!
winbri5 2 years ago 3
you also have to love a global community one guy has cockatoos the other has snowdriffs lol
HomesteadAcres 2 years ago
LOL gota love those invasions of the cockatoos!!! mabey there markets are collapsing to and there out on the streets in a panic
HomesteadAcres 2 years ago 2
LOL....
They are more like pests in OZ. Their screeching is a nightmare.
myspacesecrets 2 years ago
hey matey, good to see you sharing lovely info :) hope all is well with the fam. Watching the Cricket?? its going to be a gunner of a match! anyway brother, talk to you soon.
cheers,
mitch
mitchee009 2 years ago
Myspacesecrets nice update. Keep us up to date,versus phony news reports,focusing only on daily numbers, and not macro levels.
KevZen2000 2 years ago 2
everything that happens over the next four years is designed to get the evil republicans back in power.The economy-Iran-North Korea-Mass shootings-Terrorism
themeaningoflife38 2 years ago
You should watch the obama deception if you haven't yet...
eCOREBMX 2 years ago
wells fargo made 3 billion $ after recieving a 25 billion $ check !
are these investors stupid or something ? cant they see all this scam ?
dudebud007 2 years ago
It's only another dead cat bounce. They are so desperate to prop things up that even the most outlandish and ludicrous set of news that come out everyday give the sensation of hope. The markets aren't responding to real news and the frank decline in economic activity, they will continue to lie to survive. As the suckers get gobbled up and the losses mount, the only thing left for the "players" is to speculate about hitting the bottom. We are in a bottomless fall right now.
curiousEGM 2 years ago 2
well.. if i had to give an estimate to where the bottom is... I'd take the trade deficit of the last 10 to 15 years and compound it with interest.. That number might represent how far we could fall to break even with where we were. .... anyone know how many trillion that is? Or if the market is even worth that much?
twylightsky2007 2 years ago
so it looks as if we may me taking another lurch down
brettrobson1984 2 years ago
Thanks for the analysis! Even without looking at the technicals, it is hard to fathom why the market would do anything but continue to decline. Despite the recurrent upward blips, usually in response to the "hopium" being smoked by those who buy the "green shoots" nonsense peddled to them by the PTB, the market is a long way from its eventual nadir.
Glad I got out before I lost everything. =^[.]^=
Raycheetah 2 years ago 3
congrats...while u did....most didnt.
Neighbour broke into tears yesterday and had lots 80% of everything she had. Horrible.
myspacesecrets 2 years ago
Speaking of the talkting empty heads on CNBC how about Larry Kudlow and his damn mustard seeds? LOL He is so full of crap.
PorscheB06 2 years ago
Everytime Kudlow says mustard seeds I want to puke
andrewebisu 2 years ago 3
Thank you for the update!
POSSUMTOHIDE 2 years ago
Thanks for 'sticking your neck out' !
DavidAKZ 2 years ago
Awesome dude. I love these vids...Please post more.
U Rock.!!!
dowtoplunge 2 years ago 5