US attacking the Russian Ruble and bond bubbles all over the world
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Come on, who in their right mind would even listen to one word that idiot says.
‘Our War, Your Son’
Don’t worry NO WW3 NO MARKET CRASH !!!! ONLY MORE MEDLLE EAST PROBLEMS ! RUSSIA EUROPE ALL IS OK ! STOP LOOKING IDIOTS ON TV !!!!!!!!!
AND DAY NEVER STOP ! https://www.youtube.com/watch?v=Dj0naxDXag0
Meanwhile the attack on christianity continues ! https://www.youtube.com/watch?v=2XMpfuqaUHc
Can somebody please tell me why the fiat with all the blood on it keeps going up.
Because EVIL rules !!!!!!!!!!!!! Irishtony BUY STRONG ! MORE MUCH MORE TO COM !
Cameron is no better than Blair.
Hey Chris/Doc, whaddya think of this?
I look at it and see easy SPX 2200. I’ve traded bearish rising wedges before, but geez when this one is broken, gonna be easier slide back to SPX 1600 (??) Would be just a reversion to the mean, right?
Sorry guys, wrong link. I was looking at this… http://static.cdn-seekingalpha.com/uploads/2014/7/21/saupload_image6.png
Normally, such a rising wedge runs out of steam; but that could have been predicted of this market for many months now. I do like one of the comments in that article, advocating that one not try to predict or get in front of such a trend change, but wait for it to develop and then ride it. Those who have tried to get in front of what they thought should have been a correction mode have been run over so far.
Thanks for the reply! Re. “Those who have tried ” present company included, albeit only small positions in SPY puts here and there. Still I don’t like giving my play money away, so I’m re-thinking options strategy going forward–as in selling rather than buying.
Meantime, I happened upon this today on MarketWatch… http://www.marketwatch.com/story/for-stocks-dow-20000then-a-crash-2014-07-22
“Stranger things have happened.”
Larry ‘Eight Ball’ Kudlow .