Thursday, October 7, 2010

The $20T Heist and some very Shearish Indicators

Probably the total theft of the so called financial crisis is about $20T, at least for now.

Check out this movie.

http://www.youtube.com/watch?v=FzrBurlJUNk

PS we don't say the B word around here anymore, just shear, shear the market.

Check out these indicators, methinks extremely shearish.



5 comments:

  1. I see a big diamond pattern in your FF. Target looks to be where the green arrow ends... Yikes.

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  2. Thanks for pointing that out. I did a similar 2 channel intersection a little while back. New moon. Bought some puts that are getting their life sucked out. will hold through the weekend, hell or high water.

    http://oahutrading.blogspot.com/2010/10/rate-of-ramp-and-fear-factor.html

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  3. I'm wondering if the new moon has also pulled long bonds and stocks into a positive correlation of sorts, temporarily.

    it sure is getting weird out there.

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  4. Big bearish engulfing indeed. Also holding. And thanks for the trailer - looks like a must-see!

    ReplyDelete
  5. Check out Friday's added candle.
    Weirdest candle set I have every seen, and seen tens of thousands.

    http://screencast.com/t/l7PsOJkfC9

    ReplyDelete

Insightful and Useful Comment!