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RE: Are Stocks About To Pop or Drop? (Chart Pattern) What do you think? By Gregory Mannarino

in #money8 years ago

Gap fill completing H&S then CRASH.

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Indeed just what is was thinking. We made a lower low, and if we now make a lower high - trend should be bearish moving forward.

Even if we make a high at the 2400 level, it will still be neither bullish nor bearish but uncertain again.

Check out my blog if you want boys, i do analysis like this as well.

Peace.

If I could print all the dollars I want out of thin air, knowing it's going to Crash, wouldn't I be buying up every Stock I could get my greedy little hands on...???
@pocketechange

If memory serves, I believe the US Gov has been bailed out twice since existence. Once for sure, it was bailed out by JP Morgan. THE JP Morgan. We're seeing something very ominous taking place. JPM holds a huge amount of silver and possibly gold. Could it be what we are witnessing is a direct affront towards capitalism and our way of life? The gov has put so much fiat money out there, our debt is bigger than any public company, bigger than anyone entity but the IMF to bail out? You look at the tech sector alone, the tech revolution is still very young, could the tech rev be too big to fail? Everybody has some form of reliance upon technology. If it goes down, the world stops for a bit. The changes occuring are new and uncharted and happening very rapidly. Its difficult to understand and see the end game other than one true world order on a global scale. For that to occur, the US must be reliant?

Yeah, I was just going to point-out - there are some MAJOR gaps going on there.

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