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Post by huh on Jan 19, 2017 20:21:57 GMT -5
Oil's been dropping (and I believe failing the breakout of a year and a half iH&S), Gold's been rising and Nikkei Futures look to be forming a double-top. Nikkei futures have been a solid leading indicator.
All indicative of a market drop coming IMHO. Now we only have to wait for the Trump Pump 'n DumpTM
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Post by theMist on Jan 19, 2017 21:11:03 GMT -5
Janet Yellen was just on Bloomberg. Live from Stanford
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Post by jacksrbtr on Jan 19, 2017 21:32:24 GMT -5
What a great awesome grand dad you are! your not a great granddad yet Actually i am - from myAmerican daughter. The Grt grand daughter Chloe is now 7. We had 4 generations of females in the house here at Christmas!!! No shit.
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Post by novie08 on Jan 19, 2017 23:18:37 GMT -5
Adorable grandson Jack and your drawing is fabulous. What a lucky kid!
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Post by novie08 on Jan 19, 2017 23:36:01 GMT -5
re: Yellen; inflation is slightly over 1.5% but our SS inflation cola was .3%! OK! I really don't know why she is talking about an overheated labor market. Is the takeaway that rates will rise gradually?
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Post by novie08 on Jan 19, 2017 23:43:39 GMT -5
Mist, here's Armstrong who rarely gives specifics like this for free anymore: www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/dow-going-into-inauguration/I THINK he's saying we've selected a bearish reversal and volatility in most markets will pick up in Feb,March, but esp. in April. A directional change is on tap for Feb. I cannot understand his assays, you may want to give it a whirl. This is for the Dow only. P.S. Jack hates this guy and so do other traders I know, but back when he gave free advice, I made some money on his calls.
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Post by theMist on Jan 20, 2017 8:08:10 GMT -5
Mist, here's Armstrong who rarely gives specifics like this for free anymore: www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/dow-going-into-inauguration/I THINK he's saying we've selected a bearish reversal and volatility in most markets will pick up in Feb,March, but esp. in April. A directional change is on tap for Feb. I cannot understand his assays, you may want to give it a whirl. This is for the Dow only. P.S. Jack hates this guy and so do other traders I know, but back when he gave free advice, I made some money on his calls. I like it Novie - keep up the very insightful posts.
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Post by jacksrbtr on Jan 20, 2017 10:07:20 GMT -5
Adorable grandson Jack and your drawing is fabulous. What a lucky kid! He's a little nutter Novi - can't imagine where he got that from....Bwahahahaaa!
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Post by jacksrbtr on Jan 20, 2017 10:12:41 GMT -5
Mist, here's Armstrong who rarely gives specifics like this for free anymore: www.armstrongeconomics.com/markets-by-sector/stock-indicies/dow-jones/dow-going-into-inauguration/I THINK he's saying we've selected a bearish reversal and volatility in most markets will pick up in Feb,March, but esp. in April. A directional change is on tap for Feb. I cannot understand his assays, you may want to give it a whirl. This is for the Dow only. P.S. Jack hates this guy and so do other traders I know, but back when he gave free advice, I made some money on his calls. Thanks for keeping us apprised of that fruitcake's calls Novi. Whatever happened to his gold to $5K after that Q3-2016 (?) call of his I'm eagerly waiting for that.
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Post by novie08 on Jan 20, 2017 16:27:48 GMT -5
Hate that he won't give free advice anymore. Maybe he means in 2050, lol! He also called for sub-1000, but which comes first? One thing's for sure--they weren't gonna let it close way up today.
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Post by jacksrbtr on Jan 20, 2017 18:23:40 GMT -5
Hate that he won't give free advice anymore. Maybe he means in 2050, lol! He also called for sub-1000, but which comes first? One thing's for sure--they weren't gonna let it close way up today. 2050!!! I'll be 99yrs old then!!!!
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