China and France Now Economic Advisors to U.S.
Posted on March 27, 2009 at 01:28 AM EDT
(QQQQ)(DIA)(SPY)(SPX)(INDU) Beware those who appear to agree with CFRN on the surface, but may simply be another player in the "Great Deception". That's right, you heard it here first. Let me say it again, really slow.... this - is - not - the - next - Great - Depression....this - is - the - Great - Deception which we are being sold and it may very well end America and Capitalism as we know it... if we buy it. I DON'T BUY IT! We opened the show looking for an upside target of 828 which could lead to a downside target of 800. It took almost the entire show (2 hours) to finally reach the 828 upside target. We were engrossed in our chat with David from PageTrader and failed to pull the trigger when we hit our spot on air. The good news is, important prices are almost always tested. Right? See the chart and see what we mean. Since we were convinced early on that we wanted to be short off of 828, couldn't we have just got long to that spot instead of waiting to get there to go short? Yep... BUT, that did not fit our trade. So we waited, and waited, and waited, and the trade came right to us. I just scanned the Talking Heads and everyone (i mean everyone) is looking for a continuation of the rally. I'm still looking for a test of 800. We popped slightly higher on the Globex session and as I type we are back to 826 where we closed. As Always.... Pray Hard & Trade Safe! CT CT does not accept cash, stock, warrants, or the promise thereof, to profile or promote any company. He works for YOU, the Christian Investor!
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