Tsunami's Account Talk

Great photo CRWS, similar to the attached one I took way back in June 1976 on a family vacation down to California...it's a scan of a 35 year old photo, so pardon the quality...(did I post this before?, getting old...)
 
Beautiful pictures of Crater Lake, guys! I spent an early spring weekend there when I was living in Prineville - when I got about halfway up the mtn and realized this snow covered road didn't seem to have much of a shoulder on my side of the highway, and it looked to be a straight down drop-off, I did wonder what on earth I was thinking of! It was a wonderful, restful weekend, tho; and I returned going on the other side of the mtn - dyslexic not realizing that was still putting me in the OutSide lane!!

Anyway this is supposed to be a Happy Birthday greeting for you, Tsnami! I hope it is a Good Daysmiledanca2.gif for you in all ways!
 
Thanks Grandma! I decided to dredge up my old thread to post something and just saw your post...so here's something just to resurrect my thread...

Terry Laundry now does weekly public audio's every Saturday morning...and has a private forum for $99/year with more detailed charts and projections with his buddy Parker Binion.
http://www.ttheory.com/observations.php
and the public charts he's referencing are here:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID4511625

He's looking for a low around 7/1 +/- a week, then a rally, then another fall...basically dropping on down into a deflationary panic low no sooner than late 2012.
 
Thanks Grandma! I decided to dredge up my old thread to post something and just saw your post...so here's something just to resurrect my thread...

Terry Laundry now does weekly public audio's every Saturday morning...and has a private forum for $99/year with more detailed charts and projections with his buddy Parker Binion.
http://www.ttheory.com/observations.php
and the public charts he's referencing are here:
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID4511625

He's looking for a low around 7/1 +/- a week, then a rally, then another fall...basically dropping on down into a deflationary panic low no sooner than late 2012.

Thanks for the update, happy belated birthday by the way. :)
 
Got gold?...

http://www.caseyresearch.com/gsd/sites/default/files/US Debt.png

US%20Debt.png
 
My gold coins look and feel too good to ever sell - I've had mine since 1983 when I bought on that top. Someday they'll be gifts.
 
I had to go clear to page 5 to find and resurrect my thread....I'm not sure how I became the bearer of news from Martin Armstrong but I found this interview of him by Erik King interesting, and he continues to post interesting commentaries:
http://www.kingworldnews.com/kingworldnews/Broadcast/Entries/2011/10/2_Martin_Armstrong.html
http://www.martinarmstrong.org/economic_projections.htm

And meanwhile, Terry Laundry's "ringing cycle" is about to ring again with a predicted low on about 10/6, so we should be close to a bottom here, I think maybe there will be one more kerplunk down to 1050 or 1020 then it's rally time.
http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID4511625 (like clockwork, per the first chart there has been a low about every 15 weeks since the 3/9/09 bottom, like the ringing of a bell)
http://www.ttheory.com/observations.php

Hopefully the first wave of the 2011-2012 tsunami is almost over.
 
The truth!

Everything changed just a few short weeks ago. A firm, led by a crony of the Obama regime, stole all of the non-margined cash held by customers of his firm. Let’s not sugar-coat this or make this crime seem “complex” and “abstract” by drowning ourselves in six-dollar words and uber-technical jargon. Jon Corzine STOLE the customer cash at MF Global. Knowing Jon Corzine, and knowing the abject lawlessness and contempt for humanity of the Marxist Obama regime and its cronies, this is not really a surprise. What was a surprise was the reaction of the exchanges and regulators. Their reaction has been to take a bad situation and make it orders of magnitude worse. Specifically, they froze customers out of their accounts WHILE THE MARKETS CONTINUED TO TRADE, refusing to even allow them to liquidate. This is unfathomable. The risk exposure precedent that has been set is completely intolerable and has destroyed the entire industry paradigm. No informed person can continue to engage these markets, and no moral person can continue to broker or facilitate customer engagement in what is now a massive game of Russian Roulette.
http://barnhardt.biz/
 
Hey Tsunami, haven't seen any posts from you lately, just wanted to rattle the cage to see if you're still around.
 
I'm around, I just very rarely read this board any more...and my tracker return isn't accurate either since I missed putting in a couple moves, I'm slightly positive for the year....here's a bearish view on bonds (a discussion of AGG, the F fund, starts at the 7:19 mark) and bullish on stocks/commodities... not necessarily my view but very short term I'm hoping for a rally to at least 1380.

Ciovacco Capital Management - YouTube

Short to medium possibilities are all over the map, from the very bearish Daneric's Elliott Waves
...to not so bearish SPX: Update of the long-term count | The wave trading
...but the worldwide debt situation is just a disaster waiting to happen. Central banks need to keep the printing presses going to avoid deflation....Got to stay nimble.

BT will be happy I've bought a few dividend paying stocks this year...AGNC, SDRL, and NEM
 
Just checking in....things are looking bullish with QE3 underway...a near term pullback/consolidation is likely, but the next significant peak doesn't look like until about November 12th per McClellen and current T-Theory indications...just a guess though....longer term I think the market has legs until late 2013 or early 2014...that's when the giant "megaphone" pattern should complete and start the big crash into a depression thanks to Congress implementing too much "austerity". Ben has done his part to keep things going, but Congress will knock us off the tightrope eventually.

Some links that align with my thinking and an excellent interview...Ray Dalio's point that was most memorable to me was the one about the next air pocket will be a depression, not a recession...
Money Printing: Good For Stocks - Bad For Bonds | Chris Ciovacco | Safehaven.com

Market Thoughts and Analysis

This interview really helped me understand the Fed's move better, Bernanke really doesn't have much of a choice....
A Conversation with Ray Dalio | The Big Picture
 
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