Market Correction Analysis 8.15.07

We discuss our call for a 60-80 point fall based on yesterdays low being taken out. That break signaled to us (said in yesterdays video) the start of the S&P fall which will take us down 60-80 points. Our calls continue to be dead on. Come join our Swing Trade Alerts and Intra Day Stock Chat or Options Alerts!! We are also available for personal consulting. Enjoy the videos guys and thank you for all the compliments!

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[inthemoneystocks]

In addition, anyone who says charts/technicals don't mean anything was and still is long this market. ouch!

[inthemoneystocks]

yeah, and when those charts were at the top of the sea, the charts and other technical indicators told us they were going to the bottom of the sea. LOL I wish i could say we have called every major move in this market using our crystal ball...but alas, it's the technicals.

[inthemoneystocks]

Thank you both bluefoxnl and mujeebyzai. Your comments and compliments are truly appreciated. Watch for the yen to approach 115Y per dollar. Instead of voluntary carry trade unwinding...we could see it forced. That could be another hurdle for this market.

[jc1b]

Charts mean nothing. there are a lot of charts at the bottom of the sea.

[bluefoxnl]

Very good link, tnx. Give an good overview HOW SERIOUS this realy is. Get away from the USD, it's going down the drain soon! We all get hit, but the USA gets hit the hardest!

[softearth]

Great Video and good info!

Check out this MP3 for more information on the markets:

8/15/07: Interview with financial economist and historian, Dr. Michael Hudson.

kpfa . org/archives/index . php?arch=21767

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[mujeebyzai]

Excellent. Cannot beleive the power of technicals. Seems you guys have a crystal ball!!!! Congratulations.

[bluefoxnl]

Even USD cash won't be save, because of the inflation rate. Watch what the USD/YEN is going to do. It's my believe the US is avalancing into a BIG recession, beyond repair... And don't say we didn't warn you...

[bluefoxnl]

Have you listened to Gareth's yesterdays comments? Infusions are meant for "the big boys" to "sell-off". What do we see end of days? Don't be fooled! Go see Asia right now. And how about 22th aug, end of a cycle AND the Jap. centr. bank likely higher int.rates. Only .25 point increase there is going to be HUGE and HUGE amounts of USD assets will sell-off.