Global Perspectives: Keeping Believers Informed, Equipped, and Prepared

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Written by Steve Meyers   
Wednesday, 26 October 2011 08:34

D day is here. Keep stops at breakeven. Promises, promises driving the market.

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Mark |2011-10-26 09:10:00
Steve - when you get "up on the ridge" and look down into the "valley" of (a) the Europeans kicking the can and (b) the US loading the ink in the dollar printng machines, do you ever think the banksters and the politicians will continue to prop up these markets - in perpetual motion - and we will not see the markets drop?
SteveM |2011-10-26 09:37:53
The debt problem is too big. As soon as the masses head for the exits it's game over. I don't see this in perpetual motion.
Mars |2011-10-26 10:52:03
Ready to go lower this time?
SP500 @ 123O.86 at 11:51 Eastern

MarsSTRING Model---IDENTIFYING SP500 INTRADAY TRENDING MOVES

A signal has just been given indicating the likelihood for initiation of a new trending move.
You will oftentimes be able to capture multiple SP500 points on these brief intraday trends.
Immediately following the signal, within minutes, the new trending direction should be evident.
Set your own stops.
Mars |2011-10-26 13:00:12
And lower once again?
SP500 @ 1236.23 at 1:59 Eastern

MarsSTRING Model---IDENTIFYING SP500 INTRADAY TRENDING MOVES

A signal has just been given indicating the likelihood for initiation of a new trending move.
You will oftentimes be able to capture multiple SP500 points on these brief intraday trends.
Immediately following the signal, within minutes, the new trending direction should be evident.
Set your own stops.
Mars |2011-10-26 13:59:40
Well, that last one continued to grind higher. Let's give the downside another shot....shall we? Watch it as it should start trending....hopefully down.
SP500 @ 1238.9O at 2:59 Eastern

MarsSTRING Model---IDENTIFYING SP500 INTRADAY TRENDING MOVES

A signal has just been given indicating the likelihood for initiation of a new trending move.
You will oftentimes be able to capture multiple SP500 points on these brief intraday trends.
Immediately following the signal, within minutes, the new trending direction should be evident.
Set your own stops.
Mark  - re: |2011-10-26 21:45:22
SteveM wrote:
The debt problem is too big. As soon as the masses head for the exits it's game over. I don't see this in perpetual motion.


2145 EDT - Insanity reported tonight - factual or rumor, time will tell. Debt deal reached with futures escalating/risk on. I feel like the submarine captain in the "Hunt for Red October" holding fire, waiting for the right moment, and likewise with this market...holding, holding, holding...patience in the face of one large move to the upside...
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