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Will we see 7000 territory today?

Market opened up a wee bit, then slid to the negative side.

I think 7000 will mark an 'emotional' milestone to everyone. It will sow that there is no real control that will support the markets and it's just a matter of time before it all collapses into the basement.

When it happens, don't be surprised to see the beginnings of panic inside and outside the marketplace. Don't get caught out unprepared, DailyPaulers. Live...I mean, stay... close to home, if possible. Keep cash on hand, too.



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Calling up the

http://money.cnn.com/data/world_markets/index.html , I noticed that USA is not listed at all. Or am I just looking at the wrong page?

Well, I think the PPT manipulations...

..kept it out of the dumper on Friday.... otherwise, the 300+ loss would have dragged it under 8K for sure.

So, they bought another week. How long can they keep the charade going? Till everyone is 'confident' again? I doubt it....

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

I do my best

to live close to home....LOL

Ha! I didn't even notice that!

Corrected, thanks.

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

Going by the closing figures of the Asian markets

I believe the USA market will not get down to the 7000 today.

http://money.cnn.com/data/world_markets/index.html

Looks like a rally into Fridays Close..

& Yes I trade it.

Chart for 11/14..And a few of the hourly charts over the last 2 few days, that were commented on here.

http://www.cyclesurfer.com/RonPaulRepublicansOnly.html

Charts I've been using to make comments..

I had an order sitting at 825 (ESZ08) today...Cha Ching..

Just for Kicks...
Entertainment Only..

One Voice, One Vision, One Love ~ Liberty.
Good Thoughts, Good Words , Good Deeds.
That is the Ron Paul rEVOLution Creed.

One Louv. ;-)..

I was halfway tempted to buy in yesterday

a buddy wanted to as well.

I just didn't have a good feeling. And I was for the most part wrong.

But all I did was not-make-any-money with my money. On this thing called the stock market, which is nothing more then gambling.

Which doesn't bother me. I'll jump in and out of the market when I have a good feeling.

so I missed out on some action. there will be a next time. I'm up for the year. I'm up lifetime. I'm up lifetime in Vegas too. I'm a very cautious gambler. ;-)

d

WOW! That's what I can a rebound!

Can you say manipulation?

I guess it would look bad if the market collapsed while Bushy was speaking.

Hell, what's the sense of having a PPT if you can't use it everyday to falsify numbers and mislead the country?

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

Looks like not

Major rebound today. The numbers look really manipulated.

The Schiffmeister has said

that some of the greatest one day gains occur in bear markets. I think the gain or the loss in one day of trading is somewhat irrelevant. What is relevant is that massive market volatility is still here.

They won't allow 7,000, if

They won't allow 7,000, if you notice everytime it has neared 7,000 all the sudden a massive rally occurs. They know the American people will take notice if it closes below 8,000. It has been hovering at the territory for sometime now. Everytime it gets close, they rally. It is all by design.

I agree...

It seemed that 11000 was the previous threshold before the PPT team routinely went to work. A slow trending line downward has a calming, conditioning effect on the sheepie.

"Give a man a gun, and he could rob a bank. Give a man a bank, and he could rob the world."

You never know, but, there is a lot of support at 8000

If the casino owners want 7000 they will get it...you just hit a couple of buttons and voila! 7000.

Unify

bush warns against too much government

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMXzD7tQ...

Wow it took him all this time to realize it, but I think he has changed his mind!!!! (EXTREME SARCASM)

This Butt Monkey, says something different and contradictory near about every time he opens his mouth, yet folks still buy into this mess.

Didn't he tell us about a mth ago that the world may blow up and turn to dust if the "Bailout" wasn't passed, now they aren't even using it for the stated purpose and miraculously bush has figured out too much government is a bad thing?

Thank you Dr. Paul for making me act on what I already knew was right.

*May the only ones to touch your junk, be the ones you want to touch your junk.*

PPT gone into overdrive up over 200 now

-------------------------------------------------------------------------
“The Roots of Violence: Wealth without work, Pleasure without conscience, Knowledge without character, Commerce without morality, Science without humanity, Worship without sacrific

----------------------------------
"The essence of freedom is the proper limitation of government". ~ Founding Fathers

It's people buying

It's not manipulation...it's smart buyers buying.

"When others are greedy, be fearful. When others are fearful, be greedy". Warren Buffett

Uhhhh...yeah.

Smart buyers would be nowhere near the markets right now. The thing is about to come off the tracks.... you think this is time for speculation?

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

You have already seen it

You have already seen the low and the high for the Dow this year. 7800 was the low...it will not likely get below that number. The high was set long ago...it probably won't get much above 10,000 again in 2008.

It's going to bounce back and forth between these two values until 2009

?

Good luck with that buddy.

_________________________
http://www.jabronitools.com

?

A bounce from 7800 to 10000? Thank god I have been ignoring your weak sauce ass.

Good thing you have been ignoring me

It's a good thing i'm never right...because as we all know...

We're still paying $4+ at the pump right now
The dollar has started hyperinflation
All of the thousands of banks that have collapsed
The government suspended the election and declared martial law
Gold is at $1200+
Silver is at $22+
Israel has attacked Iran

I told you gas was coming down, i told you the dollar was going up. I told you banks aren't going to collapse in masse, I told you the election would go on as planned. I told you gold and silver were coming down in price, and I told you the Iran situation was about to get a lot calmer.

Keep ignoring me, i'm sure i'll be wrong about something eventually...

Well, they were able to keep it out of the dumper...

..while he spoke, at least.

I almost choked on my sandwich when he said that the markets don't need more gov't intervention, they need less!

And they applauded for the idiot!

Not the PPT has stoked it back up to 104+ but I don't think it will last.

It was not a confidence builder. If it doesn't tank this afternoon, it will tomorrow.

And that's Friday! You know what happens on Fridays...and I don't mean happy hour.

Friday is 'bank closure' day!

Tank the market, lose a few banks and let it fester over the weekend.

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

Back up 391 pts in an hour???

It is like a crack head that just remembered where the pipe was. I mean seriously in a real unmanipulated market what kind of news would have to happen for it do a complete change like this? It is ridiculous.

Thank you Dr. Paul for making me act on what I already knew was right.

*May the only ones to touch your junk, be the ones you want to touch your junk.*

On cue... while he speaks DOW down 34

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

Holy crap!

I just walked back in the house....

I must have missed a lot! I'm seeing the DOW up 46 @ 1:54. Quite a ride, today. This is not 'speculator'... this is not 'bargain hunters'. This is clear cut manipulation by the PPT trying to prevent a huge decline.

My bet is they won't be able to contain it. It will go badly today. Bush is speaking. My bet is it will start a new decline AS HE SPEAKS....

I may not know the truth, but I know when I'm being lied to...

I may not know the truth, but I know when I'm being lied to...

i have a shameful confession ...

does anyone else experience a masochistic thrill watching the dow plunge?
Oh well as Peter Schiff says medicine sometimes tastes bad but we gotta swallow it!
Listen to his weekly hour long talk show - he did one yesterday - still very much on form - excellent analysis. He compared the FED actions to bungling doctors treating a patient for acne when he has cancer and "while they're fussing with the zit cream the patient is dying!"
http://www.europac.net/radioshow_archives.asp

-------------------------------------------------------------------------
“The Roots of Violence: Wealth without work, Pleasure without conscience, Knowledge without character, Commerce without morality, Science without humanity, Worship without sacrific

----------------------------------
"The essence of freedom is the proper limitation of government". ~ Founding Fathers

I find myself getting giddy

I find myself getting giddy when there's a big slide, until I remember the trouble that will come of either a collapse or further government efforts to "save" our economy. Then I get very somber.

right on que..

PPT rescue

"Give a man a gun, and he could rob a bank. Give a man a bank, and he could rob the world."

Si..Dah..Ya

A hypothetical being bought the ES at 825 just as this post came up.

This was a washout and a 3 wave rally into Jan 9 is expected. Last night the hourly harmonics of the primary cycle had the low pegged @ ~ 9:30 CSt with a momentum objective of 825. As data was added through the night and itterated it showed 10 PST / noon CST/ 1 NY as the low for a few days.

They washed out all the stops below 825. The S&P has now rallied toward trendline resistance and may go a little highert to ~ 858 in the next few hours. Meander toward the trendline overnight and choppy to up trading at least for next week.

At least that is what my Leprichan friend Al says

damit!! i was blabbing and it hit 858 and backed off and declined to support on the 15 minute. Al is pissed !

One Voice, One Vision, One Love ~ Liberty.
Good Thoughts, Good Words , Good Deeds.
That is the Ron Paul rEVOLution Creed.

One Louv. ;-)..

I saw it for just a skinny minute! Then back up a little.

HYDROMAN

It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people that pay no price for being wrong.
Thomas Sowell