All Hell is gonna break lose next week,

[Joe for Clark]

I cannot tell you how much I hope I am wrong here. I really do.

I think so many decent people will get consumed.

Get the hell out of equities, right now. I think you may have a few hours monday to do so.

Let the republicans count the losses.

This is the worst chart I have ever seen in my life.

For God's sake, be careful here.

Joe

[niceypoo]

1. Um, huh?

[Der Blaue Engel]

3. That's what I was going to say

:shrug:

[dweller]

9. the chart! THE CHART !!

just LOOK at the chart!


oh, wait ...that's my cholesterol screen.

dp

[xray s]

2. I have been out of equities since January '01

BushCo has always been bad mojo

[jedr]

4. Care to give more details?

[PassingFair]

5. Let's see the CHART, Joe!

I am NOT looking forward to being CONSUMED!
What chart?

[nookiemonster]

6. Equities? Charts?

Dammit man, 'splain!

[meppie-meppie not]

7. please educate me on what you are talking about and why you have

come to the conclusion you have, thanks :)

[carolinalady]

12. My husband trades stocks and he reads their graphic charts to

look for clues when to buy, when to sell. Anyway, he has been doing it for so long that he speaks about all things in life as the chart. I think he means that the indicators are negative when the proverbial shit hits the fan next week which could be bad for the stock market. For the record--this guy is not my husband but he sure as heck talks like him. LOL

ps-If he is like my John he studies the Dow and Nasd. indicator charts EVERY DAY.

[meppie-meppie not]

21. oh wow! thanks for the heads up on this stuff. So your hubbies

dobble ganger(sp?) is posting..how very cryptic, lol ;)

[0007]

37. Do you think this guy is being intuitive or is ......0h never mind

what does you're husband say? Or does he talk?

I do like the way Joe thinks, "the shit will hit the fan next week"

[Joe for Clark]

16. Fair,

About an hour before the close yesterday, I say the djia start to fold - in line at the bank. I got back and turned on the computer. About an hour before close yesterday and two hours into opening this day it went straight down. Like a dive off a cliff - and it had volume, strong volume. There is NO upside volume. All down.

And there was no tick to it - just down.

I saw this in 1987. This is so much stronger. I read Prichter. God, I cannot tell you how much I hope this is wrong. It foretells, a total liquidity crisis - Prichters formula.

I do hate that SOB Bush - but not like this. I have many friends who will get killed next week. No, not like this. I will spend this weekend on the phone. Maybe I'm wrong. I have never prayed so much to be wrong as this weekend.

JOe

[meppie-meppie not]

22. they Dow when down yesterday 133 points, do you know how many

today?

[carolinalady]

24. See what I mean? It's all about the graph..............

Oh,also I usually tune out the graph talk, but I did hear my husband muttering that he was "going to cash" next week. He must be lookin' at the same graph.

:D

[meppie-meppie not]

25. to me they arel like abstract art, but sure do like some of the

colours they pick! :)

[carolinalady]

26. All I know is Red is bad. Green is good! n/t

[meppie-meppie not]

29. oh! I didn't even know that! BTW, ignore my duplicate post just below

there was some kind of tantrum going on in my computer, gggrrr

[meppie-meppie not]

27. self delete

[whalerider55]

35. the seventh wave, no?

I think he's talking about robert prechter(sp)...

prechter has been predicting the next depression since 1986, according to a friend of mine who was hooked on prechter for ten years.

he'll be right someday. butr i have personally seen two previous fire alarm
e-mails from prechter urging people the time has come to get out.

whalerider

[ret5hd]

17. i can't speak to the OP. but to me...

these facts:

1) we (U.S.) have to sell $2 Billion (yeah, thats a B) a day in T-Bills to China, Japan, South Africa, etc...just to stay liquid

2) Oil is $60+ BBL and gold is only $460+/oz

3) Refco, GM, Tyco, Enron, Ford, Northwest Airlines, United Airlines, Amtrack, Arthur Anderson, HMO's etc etc etc...

4) Syria, Lebanon, Iran

5 (in a class all by itself) Venezueala

6) did i mention China and Japan?

if those items alone don't make you get out of equities...well, god (from an atheist) help ya'

[meppie-meppie not]

23. equity is money, like what I have in my home and am using to pay

off medical crap once this damn house sells right? So we are talking money markets not stocks right? Sorry if I sound stupid but this is new material for me, thanks :)

[ret5hd]

28. i am ONLY speaking for ME...not to your particular situation, but...

if i was you, i would take whatever excess cash i had (if any) and buy something physical...gold. silver, property (not housing, but rural land), etc.

but then, i am of the mind that the dollar is going to collapse. If you aren't of the same mind...well then, do what suits ya'.

[meppie-meppie not]

30. Bill Gates is selling his dollars I believe for Euros I think they said

I took that as an ominous sign when I heard it.

[ret5hd]

32. get lost.

[meppie-meppie not]

36. nope, I'm serious. I think it was on Lou Dobbs and they were talking about

his wealth of 43+ Billion and that it was a huge chunk of change he would be trading.

[ret5hd]

40. to you'se...

get lost.

http://www.democraticunderground.com/discuss/duboard.ph...

http://www.democraticunderground.com/discuss/duboard.ph...

like i said...get lost.

[ret5hd]

43. come in "meppie-meppie not"

come in "meppie-meppie not"

[ret5hd]

39. delete:

wrong thread

[Botany]

8. but what should i do w/ my 1000 shares of Berkshire Hathaway?

everybody should know by now to diversify anyway.

but I am more worried how the hell will I pay my gas bill
this winter?

[longship]

10. Is there supposed to be a link to a chart?

Inquiring minds want to know.

[The Velveteen Ocelot]

11. What's the frequency, Kenneth?

Chart? What chart?

[Clarkie1]

13. Anything below S&P 1880 is an EXCELLENT buying opportunity.

This market is BUY!!!!!!!!!!!!!!

And yes, Joe, you are wrong. Very wrong.

[ret5hd]

18. maybe clarkie...but i'd bet against it (in the long run...5 yrs or more)

[Clarkie1]

19. I'm not saying we are going to be in a cyclical bull indefinitely...

but we will be in the near term (talking months, not necessarily years).

Then there will be cyclical bear.

Overall we are in a very long-term bear market (10-15 years).
"Buy and hold" indefinitely (5 years+, for example) makes no sense in this environment. However, the cyclical bull which began in March of 2003 still has room for more expansion, and all the indicators are positive.

[ret5hd]

20. i think you are kidding yourself...

myself, i'm in gold for the short term (physical, not stock)...
the shit is ready to break...and soon. we have reached the tipping point. it might be this year, might be next year, who knows.

but no nation, empire, corporation, conglomerate, commune, etc can continue to spend $2 Billion (yes, thats a B) a Day (yes, that's 24 hour period) more than it takes in and be a "continuing enterprise".

[Clarkie1]

31. It will be sometime next year. n/t

[BlueStater]

14. The worse it is for the GOP, the better

[Nite Owl]

15. I don't see your chart

but from the ones that I have studied you are right that we will likely be going down hard til at least mid December. There are bearish crossovers on all the indices in all time frames, daily, weekly and yearly. Worse since '00. It also looks like this is a correction not a change in long term bias. It may feel like hell but right now it looks like it will go up after this is over. Things could change and maybe it won't. Time will tell.

[ClassWarrior]

33. Please DO NOT mention "Project X" in this thread.

<zip>

NGU.

[bear425]

34. Now you've done it...

Shred the lettuce. I repeat: Shred the lettuce.

[Botany]

38. Now the chickens have flown the barn!

Quick get 2 cups of whole wheat flour and spell your name
on the kitchen floor backwards.

the cone of silence was made to keep project x on the Q/T and the
down low.

[Generator]

41. Is this chart in ASPEN perhaps?

[Humor_In_Cuneiform]

42. Link to some charts: I don't see this day or week being very unusual

if you look at their chart that you can go back to the beginning of the year to see the Dow Jones Industrial Avg as well as average volume of sales.

http://money.cnn.com/data/markets/dow/

I have heard this before however, the idea of investing in gold or foreign currency.

[distantearlywarning]

44. Oh, my god, the chart! Not the chart! I better get out of equities!

:eyes:

Dude, don't you have anything better to do on a Friday evening?

[Clarkie1]

45. Someone actually NOMINATED this thread!

:rofl:

[BillORightsMan]

46. mebbe THIS chart?

dji 3 month...
http://www.gold-eagle.com/intra-day/DJI3m.html


But I want to know: WHAT SECTORS? ALL OF 'EM? Energy? Transportation? Which ones?

[Donna Zen]

47. doesn't look good B-O-R

n/t

[snowbear]

48. Yeah.. maybe Joe is on to something..

:rofl:

[Humor_In_Cuneiform]

49. For a little longer term perspective check this one:

http://www.gold-eagle.com/intra-day/DJI1y.html

1 year

[snowbear]

50. Ohhh...

[Humor_In_Cuneiform]

51. Those guys (smilies) are very cute! n/t

[safi0]

52. I think

Every single person who clicked on this thread thought it was about Plamegate

[snowbear]

53. Actually.. I thought it was about aliens...