Yes!!

I own C, BAC, and ACAS. I bought ACAS at 0.61 and it closed today at 2.72 and I believe it is going much higher.

Nothing beats the US stock markets for personal business success. You only have 1 employee, yourself. Nobody gets in the way of your success. You pay the taxes and act responsibly. Plus, it scales perfectly. Every time. If you can double a dollar, you can double a hundred thousand dollars. Perfectly scaling operation with no additional costs. And when you really get on the side of Lady Luck you can get 4 times or 8 times or 12 times your money. This stuff truly amazes your friends and wows the ladies. I'm never going back to the old perceptions and horizons!

Nothing beats the US stock markets for personal business success. You only have 1 employee, yourself.

That's what I'm talking about! Several years back I read a book called "rolling stocks" and never looked back. Level 2 trading or day trading was never my cup of tea, I knew too many people had gone bust playing at stocks like it was a casino, but buying a stock for a month or three, when it's rolling up and down was (and is) easy money.

Traders are loving this economy, the ones getting hurt are pensioners, the institutional investors, fund investors, et al. I have one money market account that is worth less than it was 10 years ago. I only invested in that account out of charity for a friend, otherwise all those types of funds are useless in my book. Managing your own money is the way to go.

My motto is:

Carry no debt
Buy rolling stocks on the dips
Sell rolling stocks on the highs
Buy/resell property when the opportunity arises

...and keep a well-stocked, well-armed bug-out for those who can't adjust!

Going back to the subject....OP is still right about the stock market.

We are still waiting for the market crash( which as the days go by seems less likely), we are still waiting for Marshall Law (this was supposed to have happened November Last year).....guess I will never learn that doom and gloom predictions made on ATS never comes true.....I wonder how life is in reality

There is one major thing that bothers me with all this crap.

I live in Norway. And i hardly have any mortgage. I own my House, but i have a small mortgage on my car.

Last Christmas i got a present from the tax collector or who ever they are.
I got a card that told me that i had to pay 48% interest on what i earn to the Government.

I can get a reduction if i have a mortgage. The Higher my loan is the less tax i have to pay. But the other problem is that the banks had lowered the interests on my one loan, so i had to pay less interests. This again effected my tax of 48%. So when the tax collectors added things up at the end of the year, they told me that i wasn't paying enough tax compared to what i earn?

I had to pay the government a additional 9 800Kr on top of the 48% i already had paid.

The thing that bothers me is that i dont need to get a loan to buy anything.

But still i feel that the government is pushing me to get a loan by taxing me with everything they can think off.

I have no mortgage on my house, but still i have to pay a value tax on the house and property.

I have money in the Bank. And i also have to pay a tax on that as well.

Yeah global meltdown is over so let me pay the dam thing. That's how i feel right now. I plaid my cards right for 20 years by thinking that i shouldn't buy more then i can afford. I should of just spent money like crazy.

Now i have to spend 48%+ of my hard earned money just to get the idiots out of this crisis.

Man i can die happy now lol

The answer to your problem is to get more money.

There is some fractal something at work in the money markets, and the same type of movements are created on different time scales on different charts.

I've been staring at the Dow Jones Industrial 10-year chart and the Dollar Euro Index 3-year chart for quite a while and I am thinking that I see a pattern in the Euro, that occurs over about 3.5 months from May 2008 to middle August 2008. A similar movement has been happening on the Dow chart for about 9 years since the high in early 2000 to the point where we are now. On the Euro pattern the second retracement is not as severe as what we have seen recently on our Dow charts, but the two different time periods on the two charts look very similar in movement and achieve similar results. At the end of this pattern I see on the Euro chart there is a huge extended rally. If the Dow plays out a similar movement then the Dow would be rising to something like 17,000 where it would pause before moving on to 23,000.

So at the present time, if the Euro falls dramatically here, the Dollars could be going into the Dow at a fast pace. I think the Euro is about to plummet and help pump up the Dow. Everybody wins, and yet everybody says it is inexplicable. The news and gloomy forums are endless, calling for further downturn and misery. I think the opposite is about to happen. And that is why it will work -- the majority is not thinking of it. Of course, the news will have to explain it the whole way. I think it will be written off as Obama mania.

And the Europeople would get a great deal on the other side of the trade when they want to buy back Euros at a lower price with Dollars that have been multiplied. I think we should tax them for it.

The money falls out of the screen.... on both sides of the ocean!

Originally posted by THX-1138
The answer to your problem is to get more money.

There is some fractal something at work in the money markets, and the same type of movements are created on different time scales on different charts.

I've been staring at the Dow Jones Industrial 10-year chart and the Dollar Euro Index 3-year chart for quite a while and I am thinking that I see a pattern in the Euro, that occurs over about 3.5 months from May 2008 to middle August 2008. A similar movement has been happening on the Dow chart for about 9 years since the high in early 2000 to the point where we are now. On the Euro pattern the second retracement is not as severe as what we have seen recently on our Dow charts, but the two different time periods on the two charts look very similar in movement and achieve similar results. At the end of this pattern I see on the Euro chart there is a huge extended rally. If the Dow plays out a similar movement then the Dow would be rising to something like 17,000 where it would pause before moving on to 23,000.

So at the present time, if the Euro falls dramatically here, the Dollars could be going into the Dow at a fast pace. I think the Euro is about to plummet and help pump up the Dow. Everybody wins, and yet everybody says it is inexplicable. The news and gloomy forums are endless, calling for further downturn and misery. I think the opposite is about to happen. And that is why it will work -- the majority is not thinking of it. Of course, the news will have to explain it the whole way. I think it will be written off as Obama mania.

And the Europeople would get a great deal on the other side of the trade when they want to buy back Euros at a lower price with Dollars that have been multiplied. I think we should tax them for it.

The money falls out of the screen.... on both sides of the ocean!

The pattern on the Euro chart is happening from May 2007 to mid-August 2007. Not 2008. No doubt you thought I was crazy if you were making an attempt to see this fractal pattern in summer of 2008 and relate it to the DJIA. Summer 2008 set the Euro up for a major move down, yes, but I meant to say summer 2007 is the pattern that led to a major bull move on the Euro chart and so I think the Dow will follow through with this pattern and do some major climbing.

It is a climbing pattern, not a falling pattern. It is a retracing consolidation that leads to some good solid growth, only to feign strength and plummet before continuing again on long term paced growth.

Originally posted by Walkswithfish
Is this a good sign?

Or could this be a generated false bubble?

It is possible that the wealthy investors will launch a massive sell-off when the Dow reaches approximately 8,500 then the real collapse could happen.

I'd hold on for now, this could just be the eye of the storm, the worst may soon come.

we are now 8100+ nearing the 8500....could be by next week..lets see if we have the collapse

BEVERLY HILLS, Calif (Reuters) - Sumner Redstone, executive chairman of CBS Corp, said on Wednesday that he thinks the U.S. stock market is at the start of a bull market.

Hello,

I am new here and have been browsing around for years for entertainment, info et al.

I trade for a living. The majority of my friends and associates are traders. I do not wish to irk anyone in anyway; however, no one I know is building long term long positions. This "rally" is generally accepted as a hope rally and does not have big money support

News is generally accepted in my circles as "garbage" and you trade your charts. Normal people trade the news. Most of us do not. If you are familiar with the term technical analysis the charts tell you everything you need to know. News is a distraction that doesn't not alter price targets, but will divert it temporarily ( sometimes radically). the market is not really random. Believe it or not.

Fundamental investors ( news, data etc..) are more prone to investor in multi year spans. The few I have met and chatted with are all still short equities and finance from a broad view. long coms and metals. etc. Most people other then the general public do not use this method. It is inefficient and more.. how do you say.. "guessing".

When we profit we are not "lucky". Also, most of us(my friends etc) saw this coming since about 2006 ish. So did the fed etc ( since early 2001). They are not fools. These guys are not inept or retarded; however, it is much easier to think that then to think someone would ahave known and was making money off of you. For us to make money you have to lose money sorry and short selling is not to blame. That is asinine.

The market moves in cycles and waves. The market doesn't care about you or your 401k it is a zero sum game. Smart money takes dumb money. If you don't trade you are dumb money generally.

I pulled my friends family and clients out of the market long between 13-and 11k and they will stay out until we crest the high again or we show a convincing turn at 5100 or 2500. There are much better investments. What about all the lost money potentially on a rally? Would you rather be in wishing you were out, or out wishing you were in? Right. This is not gambling. You never worry about what you could have made only what you could have lost.

Contrary to common belief we do not look at companies earnings or inside tips etc.. all you need to do is look at a bar chart or candle chart. It is all right there. The market is all patterns and geometry.

What we are seeing now, again, is a bear market rally. The term is "pump and dump" How this is foreseen to go is:

At first good news will trickle out and and then some more, etc.. and people will start to buy back in ( Joe and Sally 401k) retail speculators will enter the market looking towards 15k etc (get rich!!)... casual investors may even double up to recoup their losses. Positive news (inexplicably) will come out driving this sentiment. CNBC will be telling you good things.

Eventually it will get to a point ( if it doesn't collapse before then ) where even the most cynical people will have to admit it is time to buy and they will buy in as well. Around that time it will be market top and the selling will occur. The shoe falls or lifts when it seems like everyone is in or out. That is not an accident nor is it random.

We are targeting , again, 10-11k. I am looking towards the fall however a lot of my friends are looking much sooner then that(which i disagree with) around the 9k level. We wait and watch and react.

I am not even going to go into the plethora of reasons as to why this is not the end. You cannot "fix" these problems they must work themselves out. No one can "fix" this is has to run its course. There is nothing to fix, it is in motion. I don't "want" to see people on the street but wishing won't change the market. It knows where it going regardless. Personally I am looking to ride short dow futures until 51 or 25 neither seem out of question. sorry. Something to look at might be FAZ. might not. be safe and smart guys.

ST

In another thread I predicted the market will be choppy until just before Summer Solstice. That will be another good time to buy in. It will be a low, but not as low as March.
I'm pleased to see people interested in making money on this conspiracy website.
Keep the ideas coming!

Hmmm I wasn't going to come back to post... but I realized we are posting charts now...on a tin foil hat forum(no offense as I visit often). Which is very interesting. This is my last post.

lets "gamble"... I say.. we are 100% going to hit 614.3 before 1066 on ES (sp500) . I wish you all the best with your endeavors and I recommend watching the movie Pi.


ST