Thursday, February 18, 2010

She's on the loose...


Listen to her disturbing wail.

Height:
50 Meters (1954-1975)
80 Meters (1984-1989)
100 Meters (1991-1995)

Weight:
- 20 000 Tons (1954-1975)
- 50 000 Tons (1984-1989)
- 60 000 Tons (1991-1995)

Special Weapons:
- Radioactive Breath
- Internal Surge Of Energy
- Capable Of Casting Off Anything In Contact With Body

Probable Sightings:Cashzilla Vs. The World (2020)
Cashzilla Vs. The United States (2012)
Cashzilla Vs. Barack Obama and U.S. Congress (2010)
Cashzilla Vs. Benjamin S. Bernanke (2008)
Cashzilla Vs. Henry Paulson (2007)
Cashzilla, King Of The Monsters (1954)
Cashzilla Raids Again (1955)
King Kong Vs. Cashzilla(1962)
Cashzilla Vs. Mothra (1964)
Ghidora, The Three-Headed Monster (1964)
Cashzilla Vs. Monster Zero (1965)
Cashzilla Vs. The Sea Monster (1966)
Son Of Cashzilla (1967)
Destroy All Monsters (1968)
Cashzilla's Revenge (1969)
Cashzilla Vs. The Smog Monster (1971)
Cashzilla Vs. Gigan (1972)
Cashzilla Vs. Megalon (1973)
Cashzilla Vs. Mechagodzilla (1974)
Terror Of Mechacashzilla (1975)

[$zilla.png]

My Thanksgiving Market Update:



Here she comes:



Today's mini-rally has all the characteristics of a finishing C wave (the first W1-2 of the big 3 is roughly in place):
  • Vertical spike
  • No volume
  • Counter fundamental to the dollar
  • Gold/Silver sitting it out
  • Finishing fractal self similarity to the wave of higher degree
  • 62% retrace
It's perfect. 3 of 3 down (look out) is not far away.

Listen to her again. She's in your State. She found your town. She is on your street!

11 comments:

  1. I almost spit coke all over my monitor! I think you could this animated with the image and really have something

    ReplyDelete
  2. Yet there still seems to be some "discussion" going on over at the stock exchange as to where 2 ends and 3 begins.

    ReplyDelete
  3. "Yet there still seems to be some "discussion" going on over at the stock exchange as to where 2 ends and 3 begins."

    How so?

    ReplyDelete
  4. So after reading the final bullet points in today's post and performing a few rough calculations in my Big Chief writing tablet it would seem the "discussions," at least as they pertain to the S&P500 and DJIA potentially resolved themselves in the last five minutes of trading. Two very nice concluding candles indeed.

    ReplyDelete
  5. Well FDR, what do you think?

    Fed hikes discount rate, says not tightening.

    Should be an interesting day tomorrow, no?

    ReplyDelete
  6. Fed raises rates?

    ReplyDelete
  7. FDR- I thought rates would fall? What do you make of this?

    ReplyDelete
  8. WOW. look at this coincidence. sometimes, these things are astounding. in this case, i am talking about the rate hike is starting and how we are at a "top" EW wise.

    ReplyDelete
  9. "Well FDR, what do you think?
    Fed hikes discount rate, says not tightening.
    Should be an interesting day tomorrow, no?"

    It will be very interesting indeed. I've pointed out on a few occasions and contexts, the 1931 analogy to today...

    In Oct 1931, the Fed hiked rates in general denial of horrible numbers. No one thought the country was in or about to enter a depression, to the contrary, optimism was high-to-extreme. Virtually everyone thought the market would continue to rally.

    But all that said, none of the specifics really matter. That's why interpreting the news is a critical error. The reason the market is about to crash is because people are ready to make it crash. EWs identify those times with surprising accuracy, and then the collective mood of the market mandates the event. It doesn't just "happen."

    I knew the market was about to crash from the EWs and understanding how they work. I issued an Trading Alert on Valentines Day warning longs to run away and the smart money to stay in cash.

    I had no idea the Fed was about to raise rates to kick it off. But if the Fed raised rates when people were about to to rally, the exact same news would cause a rally.

    So the news is irrelevant, other than, you know when some unknown piece of news is about to kick off an event. And it always happens right on cue.

    ReplyDelete
  10. I thought the FED could not raise rates, only follow the 3-month T-bill rate?

    ReplyDelete
  11. "I thought the FED could not raise rates, only follow the 3-month T-bill rate?"

    They are following it, but I've pointed out time and again that since Aug 2007 they've stayed thousands of percent (at times, "infinite" as it drops to zero or negative yield) above the 3-M T, clearly telegraphing the Fed's intent to obliterate non-cartel banks and cause a mega-Depression.

    ReplyDelete

The USA's political-economc system is best described as:

On Nov 2, 2010, I plan to vote (FOR or AGAINST) my incumbent congressman

 
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