Great Depression 2 - Short trade of a Lifetime - preps start now
This is a discussion on Great Depression 2 - Short trade of a Lifetime - preps start now within the Discretionary Trading forums, part of the Trading Methods category; ETA for start of Short is January 2012 - but the precise entry will be timed here.
Note that the ...
Great Depression 2 - Short trade of a Lifetime - preps start now
ETA for start of Short is January 2012 - but the precise entry will be timed here.
Note that the Oct/Nov 2007 Short was an excellent one, ditto for the May 2011 Short. But the Short coming up after the current wave 2 rally completes is the 3rd of 3rd wave - the fastest return on investment.
So start your preparations now.
Pick Qs or a large cap of your choice or EurUsd short then wait for trigger
announcement from me, then hold for years or my signal for the bend in the trend to close the Short and retire with a handsome nest egg, 20% of which will be in cash, the rest invested LONG in Stocks, Gold and a currency of choice.
Stay tuned for the currency of choice - a clear winner will emerge as we approach the bottom of the GREAT DEPRESSION 2 in 2014- 2016. It will not be the US Dollar.
But for now, for the SHORT OF THE MILLENNIUM, the US Dollar Long i.e. EurUsd Short is the way to go for the bulk of one's Capital.
Re: Great Depression 2 - Short trade of a Lifetime - preps start now
Quote:
Originally Posted by deadbroke
ETA for start of Short is January 2012 - but the precise entry will be timed here.
See chart 1 (Dow Jones daily)
Wave B down down down well underway. When this completes, Wave C up up up will complete the sequence. But the top should hold firm and not be exceeded.
Then starts the 2km wave lambda tsunami that will take Jones down down down. Then there will be no further question as to the Great Depression 2 being underway and outclassing GD 1 in breadth and majesty.
Long-term trend surfers are reminded again to be ready.
Re: Great Depression 2 - Short trade of a Lifetime - preps start now
Be alert for the upcoming Dow Jones rally that I've called Wave C and pay particular attention to the following during the course of the Dow Jones rally ....
HERD optimism will kick in strongly and CNBC will announce the Bull is back and most will buy this new Bull and enter LONG. Very few if any will notice that the Bull is rising on fumes (low volume). Astute observers will note that the volume of the March 2009 rally into the 2011 top was also on much lighter volume than the preceding decline in 2008. This information is the footprint of BEAR.
What does this mean?
That the entire rally from March 2009 into the 2011 top is a BEAR rally.
Re: Great Depression 2 - Short trade of a Lifetime - preps start now
Quote:
Originally Posted by deadbroke
The end of Wave C up will be timed right here.
DEFCON 4 (of 5) alert for THREAD SHORT is on. Do NOT pull the SHORT trigger just yet - I believe the rally has good odds of going to the 78.6% Fib shown. The steep uptrendline shown will be adjusted soon.