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Advisor
hardnox604008
Posts: 5,518
Registered: ‎05-14-2010
0

running the crash alert flag up

to the top, from half mast.

 

Presented sans political commentary- 200 dma cleared in all the major indices with nothing but a puny retest effort so far. In Elliott terms, a third of a third down lies ahead as the best count.

 

Probably won't be good for grains or livestock  when it occurs.

 

 

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason."

J.K. Galbraith
Veteran Advisor
Mizzou_Tiger
Posts: 2,338
Registered: ‎11-02-2010
0

Re: running the crash alert flag up

MCD missed

WMT missed

TXN is laying of a huge percentage of their workforce....

DD and DOW started down that road a month ago........

APPL is still humming but great sales are turning into OK sales and its showing cracks.......

This thing has been building for awhile.........

Throw in some Europe for spice......

A middle east that is bubbling.......

And a fiscal cliff with a lame duck administration and congress.......

Sentiment is sour.........

This market wants to believe, but after so much and starring into the abiss..........when she finally gives up it will be nasty.......

As mentioned.......TAKE NOTES........next 12 months will be telling.........

So the burning question I have is.......who will bobblehead blame this time........
Advisor
hardnox604008
Posts: 5,518
Registered: ‎05-14-2010
0

Re: running the crash alert flag up

So who are you going to blame when beans go to $10?

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason."

J.K. Galbraith
Veteran Advisor
Mizzou_Tiger
Posts: 2,338
Registered: ‎11-02-2010
0

Re: running the crash alert flag up

What........???????..........

They were in the 11's and 18's within months of each other.......
Veteran Advisor
Mizzou_Tiger
Posts: 2,338
Registered: ‎11-02-2010
0

Re: running the crash alert flag up

Fyi, if your scared of a crash in soya prices you can sell now for good money.....

I can't sell the bobblehead we have in office.....

Big difference noxy..........you been hanging with krafty too long.........don't become a tin can.....
Veteran Advisor
Mizzou_Tiger
Posts: 2,338
Registered: ‎11-02-2010
0

Re: running the crash alert flag up

Fyi 2......were you waiting for your neighbor to run his flag up the pole first........
Veteran Advisor
c-x-1
Posts: 3,263
Registered: ‎06-26-2012
0

Re: running the crash alert flag up

[ Edited ]

ok, MT, i would've been stoped out on ES on breakdown of ledge 745 am cent...waiting for another entry

      however, i am looking for traction near here

Advisor
hardnox604008
Posts: 5,518
Registered: ‎05-14-2010
0

Re: running the crash alert flag up

I'm net short beans. Have been for a while.

 

Will no doubt be flat or long someday.

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason."

J.K. Galbraith
Veteran Advisor
Palouser
Posts: 2,301
Registered: ‎05-13-2010
0

Re: running the crash alert flag up

IMO grains may waver for a while longer but, in time, buying in physical wheat will hit hard. Regardless of any outside markets. I don't doubt that corn and soy will be similar.

Let's face it, there have been a million calls for crashes after the 'big one and the record shows they've been a cries of 'wolf'. And part of the blame game.
Advisor
hardnox604008
Posts: 5,518
Registered: ‎05-14-2010
0

Re: running the crash alert flag up

There aer crashes and then there are crashes.

 

'29 or '08 style, probably not yet.

 

'11 debt celing or '10 flash crash types, sure. And they had a big impact on commodities in the near term.

"People of privilege will always risk their complete destruction rather than surrender any material part of their advantage. Intellectual myopia, often called stupidity, is no doubt a reason."

J.K. Galbraith