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The stock market crash of 2008 was predictable. Investors lost trillions. Few financial planners warned you. But certain highly skilled analysts saw it coming. Traders capitalizing on short sales literally changed the rules at the NYSE. The Dow has been rallying, investors are elated and recovery seems to be on track. However, there is compelling reason to worry. The Stimulus package needs another Stimulus and the recession is no where near over. Unemployment is predicted to exceed 10% and that could be conservative. Banks are continuing to fail. I am not an economist. But as a trader of the S&P 500 futures, our software shows us a frightening truth. We track the volatility index daily. The VIX which moves inverse to the stock market as well as the futures has been moving down since the end of last year. Hence, we have seen a predictable rally in the market. What is scary however is this singular truth. Gaps are always filled. If you watched our video on July 30 2009 which was entitled almost the same as this one, you saw how every gap that existed in the past 10 years on a daily chart of the VIX has indeed ALWAYS been filled. Watch this video and you will see where the gaps still exist on the VIX and what that means to you as an investor or trader. Then take affirmative action to protect your portfolio NOW! DO NOT WAIT ANOTHER DAY!
With this rally since March, we have nly seen one small sell off in July. You look at the weeklys and monthlys with a 50/100 ma. Fib retracement numbers, and it begs for caution. so buyers beware.
ghahandi 2 years ago
I think Rod th spooman has it right. Look at the volume. we may have another shot at the highs (Today is 9-30, the incredible whipsaw day) But it sure looks like distribution by the big money players is going on. remonds me of this time last year, actually, July-August last year. Watch to see how the market reacts when it takes out the recent high. If price is rejected, I believe we could see a turn soon.
ghahandi 2 years ago
People believe what they want, and unfortunately, a lot of people are going to lose their butts because they believe everything mainstream media feeds them.
bluecat1122 2 years ago
I think the BBC commentary was from 2007 (date lifted from the article in the video @ about 1:55)... just clarifying.
Like your stuff, man. Keep it up.
MyL33TL3PwNy 2 years ago
Interesting, as far as the geometry of the market goes we are now at a 61.8% replacement of last years panic in 100% of the time.
The market is setting everyone up for a fall , this is what the market always does following a panic,
They buy it back from March to August and then do it all again. Take a look at the Dow in 1930.
Get ready for a surprise there is a lot of time cycles off the highs and low of last few years converging around the 21st of this month.
Panic now and avoid the rush
carlfinkle 2 years ago
Picking a top is can be expensive. Just be ready when the market tips it's hand.
ghahandi 2 years ago
Great thesis. I've been warned~ Keep it up Spuuman!
ghahandi 2 years ago
Excellent video. I agree 100%, this is the most overvalued overbought market in history. If this was an honest bull market and the economy was really healing, we would have seen a major correction in July or August and now be ready to head back up. Instead its obvious its a bubble that will pop and an avalanche will follow. I think we'll see the SnP fall to 700 or even less, and it should get there before halloween. All shorts who jumped the gun 2-4-6-8 or even 10 weeks ago will be paid in full
uckfayu 2 years ago
I just found you the other day, good stuff man. keep it up. your not telling me anything i dont know but you are saying when and how which is huge. Here's hoping your right cause ive had a short for 2 weeks now and ive been waiting on this correction.
laplante31 2 years ago