ILLUSION OF STRENGTH

So markets shrugg of the panic which was not really a panic it was jsut to create tickling effect .But i would say it is an illusion.Now things can go way higher great GDP great profits.These thigns are told by the media to pep up the crowd.But it takes real conviction to say hey what are u pricing it on.Now if things go higher it is fishy of what bubble the etf arena is providing .There was a time when everyone wanted a piece of japan and then it was silenced for years.The rich and influential do this.They jsut dotn want people or the crwod to make money.But there are few exceptions who can call their bluff and profit from it.But ther eis a high probability that they will pull the plug now.The nervousness shows that somethign is wrong and it isnt comign out.Dubai thing was a nonsense event.Till the booze flows all is good .The minute it is over u wil see breath taking fall which the world has ever seen>That moment no oen will care about GDP PE growth numbers .It could be a case where all longs will run liek headless chickens.Let the mkt go up it is great news for the bears coz it will soon flal on its own weight.

IT IS GAME OVER BULLS

I think it is all over for bulls....it could prolong a little bit coz all central bankers are afraid of the inevitable collapse of the house of cards they have built with liquidity.It did show that how fragile and brittle the world economy is .It started shakign with a small default like dubai.Guess what will happen if UK or some other big economy says sorry mate i cant pay.All those bullish guys will go extinct.We had an unbelievable liquidity rally and i am surely we will have an unbelievable fall.This mkt will nto respond to any more stimulus in the future and what makes anyoen think that people have the power to provide more stimulus.Things would have settled around march april if these so called central planners would have left the market alone but now things are getting much worse.That is why gold is flying coz people have no clue what is coming and the chaos these guys have created.

So crude is around 75$ once it takesout 81 it goes to 91 100$ and if they dont stop the $ fall well see crude do the most unbelievable stuff to sink and tank markets again .But my guess is they will pull the plug nowbelow 72 crude could sharply fall 20 30% easily .Gold shows the same pattern of a major top at 1191 and is in for a 20% minimum correction(i think) .So if this mtk comes back today and tomorrow people will press shorts to see if some major problem comes out.Something bigger than dubai is coming .Things dont sell off for such a small problem.So lets see how it goes

GOLD REALITY

this is a simple TA stuff which any guy can understand ,,,The problem for gold bulls is the realty of gold spike is wrong.They have some reason to spiek gold but I THINK GOLD IS IN FOR A BIG CORRECTION which will rattle the gold bugs.IT is not time for 2000$ .Infaltion guys are wrong here.And GOld is not a hedge aginst inflation anymore. It is real money but not yet .The media is all over it to con the naive guys.Right now hedge funds are driving up the prices.They will dump in on late comers.So dont watch the price action infact i will tell u short it in $ terms and go long on the $ .that could yeild some free gold ....whichis 50% crash(in $ terms) in gold and 50% rally in $ .Isnt it lucrative(please have stops coz it can react like oil )

COLLAPSE NEEDS A TRIGGER TO START

I think this is it .Now it jsut needs ofccial go signal .Frome where it will come i dont know but the sgins of bullishness are there it is time to pull the plug and send shockwaves to the world

FIRST IT WAS GREEN SHOOTS now RECOVERY

I think all economist and analyst should cut the bullshit of a recovery.Right nnow with low interest rate everyone is in gambling mode.The trillions of $ on interest rates derivatives are ticking nuke .1929 happened coz of borrowing and buying at leverage.Today it is a time of algorithm trading .So once the direction is set no government can stop the tsunami of selling.

Ok now goign forward most of the indexes around the world are fractured but what will be the trigger.It will come now sine they created the bear trap now they are creating a bull trap.So dont get carreid away the fat cats can pull the plug anytime now .

CHINA IS IT REALLY Bullish

Well when you talk about china everyone says bullish.Something really wrong here.How can somone grow like this.My sense is china is heading for a huge crash and guess what i found and article which says exactly what i thought.Concentration of wealth always leads to a disaster.

anyway i dont know how it will collapse but call it the black swan.But think like this china starts collapsing and they stop helpiing US .Perfect for deflation of commodities.People are really crazy about commodities and they say only one thing china can consume so no problemo about consumption.

Jim Chanos: China Is Headed For A Huge Crash

This was the headline. Boy what a shocker it will be i always had figures where the SSEC will go below 1000 which is currently at 3250 i think

But kudos to this guy who is connecting the dots

http://www.businessinsider.com/jim-chanos-china-is-headed-for-a-huge-crash-2009-11

Jim chanos

Chanos is reportedly attempting to short the entire Chinese economy. What's fueling the short case against China?

• The $4.3 trillion Chinese economy is under-performing despite a $900 billion stimulus program.

• China seems to be cooking its books. For instance, it reports that car sales are surging while gasoline consumption is flat. Is that realistic? Or are state run Chinese companies just stock-piling cars?

• China may have too much capacity. The central planners built out productive capacity for a booming economy but China is stalling. In nearly every sector of the economy, China is in danger of producing huge quantities of goods with no buyers.

• China's economic and political posturing signals that its leaders have no idea what is in store for them. The result may be a surprising economic collapse, akin to what happened when the housing bubble popped in the US.

So looks liek no one wants to tell the truth .. but look at the arguements.I think asia is goign to have the biggest shock in the coming year or two.

THE GAME OF U TURNS

Wow it is always amazing how the big guys can make the little fellows in the street go nuts by taking u turns.THAT is why fibo levels are old school .Markets are made to to fool the majority.Panics happen or shall we say created to make the small guys loose.But the thing is it can beat the smart guys who have their unique systems in place.

Coming to the markets.Well gold going up mkts going up somethig fishy right.I mean how can everythign go up at once.And there is talk of dollor carry trade which i heard on the business channel.This whole thing is a succer rally which is in its last phases that is why it is moving up withought any news .With 10% data mkt didnt tank.Some call it resilience .Well i think big guys are holding the tape to shock the world .Sudden death is way to go about it .Coz they wont allow everyone to make money on the downside.So when the time is ripe they will nail it. So dont get bullish thought the tape will make u believe.

GOLD IS IT TOO EARLY

WIth this hype surrounding the $ crash adn gold goign through the roof .This is a low probablity event .It is liek buying puts for your stocks.What if they really print their way out or the $ devaluation happens.If i ma not wrong if $ collapse is in no ones interest .Especially Asia .Exports will slump or even take a nose dive.Who is ready for the consumption .You cant create demand overnight.SO the $ wont collapse right away .It is in the best interest to take it up to borrow more and pay less debt.GOLD is in a long term bull mkt but it has to go through litmus test again.It should tank first or say have a shakeout stage of more than 50% from the current levels...

Even during the Great depression GOld jsut doubled infact it made a low in 1931 and doubled in 1933


So if someone is reall interested may be the golden dip is coming ...GOLD OR STOCKS IT DEPENDS

WALL STREET BEAR TRAP Looks like it

Does look liek the next major decline has started but they are setting up well for it .Now the last finsihing touches is to suck more people in to buy longs and squeeze the short term bears. It might be possible that Dow make s a new high now so lets wait and watch .Stage is set.Small decliens are not enought to send shock to the bulls .So when the top is in it could be a shocking fall So have to wait and watch how it plays out now