My prediction: DOW -500 tomorrow Tuesday Jan 22, 08….

[an]

Seems like this whole thread will die a quick death with no real gloating from the bears since not only did we close much higher than when we opened, DOW future now is +52 points and the Hang Sang is up almost 11% in one day. Which completely recovered all of yesterday’s losses and then some. That’s some crazy volatility.

[socalarm]

thank uncle ben (and socalbubble for the link)
http://www.socalbubble.com/wp-content/uploads/2008/01/heliben.jpg

🙂

[socalarm]

thank uncle ben (and socalbubble for the link)
http://www.socalbubble.com/wp-content/uploads/2008/01/heliben.jpg

🙂

[socalarm]

thank uncle ben (and socalbubble for the link)
http://www.socalbubble.com/wp-content/uploads/2008/01/heliben.jpg

🙂

[socalarm]

thank uncle ben (and socalbubble for the link)
http://www.socalbubble.com/wp-content/uploads/2008/01/heliben.jpg

🙂

[socalarm]

thank uncle ben (and socalbubble for the link)
http://www.socalbubble.com/wp-content/uploads/2008/01/heliben.jpg

🙂

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[Chris Scoreboard Johnston]

If we get a 50% housing drop you ain’t seen nothin yet in stocks, the two markets are inexoribly connected right now. I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I am not sure who posted the really bullish gold comments, but I am looking for a significant down move in gold that should begin with the next 2 to 3 weeks. I hope todays drop is not the beginning because my entry signal is not set up quite yet. There are very strong long term seasonal and cyclical factors hitting very soon calling for a good sized decline. The commercials also have their largest short position in history, no time to be a gold bull other than a day trade here and there.

Crude oil typically bottoms in Feb, but the commercials are heavily short so as long as that condition exits I will stay clear of longs there, but once they shift, a good upmove should start there. The seasonal is going to be late it appears there this year.

[kewp]

I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I’m not disagreeing with you, but I’ll have to point out that our country did just fine when homes cost half what they did now.

Given that our economy is driven by consumer spending, wouldn’t it be beneficial if everyones mortgage payment was cut in half?

[kewp]

I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I’m not disagreeing with you, but I’ll have to point out that our country did just fine when homes cost half what they did now.

Given that our economy is driven by consumer spending, wouldn’t it be beneficial if everyones mortgage payment was cut in half?

[kewp]

I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I’m not disagreeing with you, but I’ll have to point out that our country did just fine when homes cost half what they did now.

Given that our economy is driven by consumer spending, wouldn’t it be beneficial if everyones mortgage payment was cut in half?

[kewp]

I am puzzled as to how anyone could think an armaggeddon scenario like a drop like that in housing could stand alone, but itleast those who thought that have the counter proof right in front of them.

I’m not disagreeing with you, but I’ll have to point out that our country did just fine when homes cost half what they did now.

Given that our economy is driven by consumer spending, wouldn’t it be beneficial if everyones mortgage payment was cut in half?

[Author]

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