The Bull is Still Very Much Alive and Well

bull_head

After a very interesting week in the stock market, we are all asking where does it go from here? With the W-pattern finally completed, we are all eager to see the first big leg down, but the challenge is sorting out when it will happen. So, I pulled together a few facts and recent prophetic revelations to help bring some clarity.

Was This The Graph?
The steep 222-point move up on Tuesday May 10 followed by the 217-point drop on Wednesday May 11 reminded me of the graph I shared in my previous post, Traders Looking Forward to Life After W. However, the bull showed his strength the next day with a 125-point intraday rally, which allowed the market to close up 9 points for the day.

I was concerned when I saw Thursday’s rally because the graph I saw did not show any upward movements, but that is not a disqualification because all of the graphs I have seen have been smooth lines showing only the general direction, not every detail. If this is what I saw, we should see a drop below 17,000 in the next few days, but I am not convinced yet.

Vision of 2116:
One reason for my skepticism is due to seeing a black 2116 in a vision on Friday April 22. I only saw the number without any dates or context, but since the number was too low for the Dow and was showing upward or downward movement, not red or green, I assumed it was a new high in the S&P, just slightly higher than the 2,111.05 (18,167.63 Dow) just two days earlier on April 20. If my interpretation is correct, we have another big move up coming.

This was confirmed by Peter Temple’s World Cycles Institute forecasting a new top coming soon at 2116.

Vision of Big Bull:
Then during my prayer time Friday night, I saw a close-up vision of the head of a large bull with large horns similar to the one shown above. The impression I got was the bull market is still very strong and very dangerous despite the pounding it took on Wednesday and Friday.

Options Expirations:
Another thing to consider in this day of manipulated markets is Friday May 20 is options expiration day. The dark masters are notorious for driving the market higher the closer we get to the deadline to make all put options worthless. In addition, Tuesdays of option expiration weeks are called Turnaround Tuesdays because that is when they typically start moving the market higher. Anyone holding put options after that gets no relief the rest of the week.

Dream of Week Closing at 17,9XX:
Z3er Roderick posted this dream in two comments on March 28 and 29.

“Last week I wrote in about a dream where I saw closing prices of the Dow. It closed one week at 17,9XX, and at the beginning of the following week the last closing price I saw was 18,1XX. I was very excited when I saw this post mention a member that had a similar dream about the Dow closing at 17900. This may be a confirmation of my dream. If we see 17900 at the end of this week, I would have to assume that 18,100 will follow. I believe that 18,100 may be the top we are looking for.”

“In this dream I saw sheets of paper pasted on a wall. They seemed to contain daily future closing prices for the Dow. I remember seeing a price of over 17,900 at the end of one week, and over 18,000 at the beginning of the following week. I have wondered about this dream for quite some time, and at many instances thought that I may never see it come to pass.”

I checked all of the week-ending closing prices since March 28 and found no weeks closing in the 17,9XX range, so Roderick’s dream has still not been fulfilled.

Basketball 3-Point Dream:
On May 13 2016, Z3er Jim Reeve shared the following dream and interpretation, which he received the night before.

“I am on a basketball court over by the wing side of the basket beyond the 3-point line. I am observing a game from this position, where the ball is fed into the paint area. There’s a player next to me who is wide open for the 3-point shot. I move out of the way in anticipation of the pass from under the congested basket. The pass is kicked out to this wing position and the player catches the ball and makes a normal uncontested 3 point shot.”

“I’m getting basketball dreams because they convey the idea of variation (dribbling the ball). From experience, I’m confident that I’m supposed to map both the pass and the shot. (It’s possible I’m also to map the shorter feed into the paint, but I don’t recall that pass very well). So, the pass goes out beyond the 3-point stripe, then the shot is made. My best understanding would be to place the pass as the “blow-off top” move. I believe the 3-point stripe is the upper resistance (2110), so just beyond that mark. The basket is as it was in the earlier 3-point shot dream. That would be the down move. I don’t imply the moves to be symmetric, even though they sort of visually are in this dream. I think the shot is a bunch more than the pass.”

I believe the timing of his dream is important because, based on my own experience, everything I have been shown refers to future events with no part of it in the past. I saw a comment where Jim shared this same finding. So with that in mind, if his interpretation is correct that the 3-point stripe represents the top, the ball passed out beyond the 3-point stripe would indicate we still have another big move up coming.

Jen’s Bear Dream:
On Monday May 9 2016, Z3er Jen shared the following interesting and humorous bear dream, which she said she had “the other night” so the exact date is not known.

“My husband and I were walking on our small acreage. In real life this acreage has bears. I have only seen black bears there, however grizzlies are around the area.

In the dream we were walking and we walked up on a grizzly. I didn’t have my bear spray as I usually do, so we took off running. I ended up on the roof of my cabin. My husband was up high in a tree, but It was like he was on the roof of a tree house (or something, not sure what).

The bear came to the door and he got on its hind legs. I was waiting for him to break the screen door down, and I thought he was going to get in and kill me, as he easily could have done, but instead he was very friendly and started talking to me. He asked me how many acres the land was and I told him it was 5 and a half. He then mentioned not understanding why they (the people who make the property lines) were always splitting up the acreages in half acres when they should split at 100. He mentioned something about depleted oxygen as well (have no idea what he meant). Then my husband woke me up, so I didn’t get to hear what else the bear had to say.”

Later the same day, Jim Reeve provided this interpretation for Jen’s dream:

“That’s the Lord. So we now have two bear dreams where the dreamer ends up on the roof or a treehouse. Those are pretty bullish images and fit the beginnings of a theory I think we’re developing about what happens between here and June. More and more I think I see that we go up high. It’s like the bearish market reveals itself, but reverses and drives us to the roof. It doesn’t change the fact that bears are around, just that we get treed in the interim!”

“Oxygen is what we need to breath. In market settings, oxygen is cash, because we need cash to trade. If we have no oxygen, we can’t play. Bears chasing us onto roofs can be oxygen depleting if we’re positioned incorrectly. I think bears are doing all the chasing to convey that the main focus is bearishness, but that this is an anomaly in the midst of that reality. Of course, there’s a possible spiritual interpretation, but since the bear brought it up it seems more like a market interpretation. I’m not sure about the acre’s conversation. There’s something there, but I’d need to think on it some. Just some initial thoughts.”

Her dream was a few days prior to the drops we saw on May 11 and 13, but if Jim’s interpretation is correct, it sounds like another warning the bear market is going to suddenly turn around sending investors running to avoid depleting their cash.

Mike J’s Bear Dream:
I updated this post to include the following dream shared by Z3er Mike J because it offers such great insight into what next week might look like.

“I had a dream early on Friday morning (May 13) as I was waking. I immediately knew it was from the Lord, but I didn’t understand it completely. I believe this dream might help us all with timing of events next week.

In the dream a friend and I were being chased down a big hill by a large angry bear. Suddenly a rifle shot struck the bear followed by another. Each shot slowed the bear, but it kept advancing. Finally a third shot from my friend’s oldest son killed the bear. Each time the bear was shot it became smaller which seemed really strange to me, so I asked the Lord to help me understand the dream.

My wife and I attended a special worship service last night, during which the Holy Spirit indicated to me that each shot represented a day, and the size of the bear revealed the size of the market drop for that day.

I believe Friday was the first day of this series with a Dow drop of 185 points. I believe there will be two more days of drops, each successively smaller. I believe the current bear run will be dead sometime on Tuesday or early Wednesday, and I’m expecting the blow-off top shortly thereafter.”

This is a great dream because, if Mike’s interpretation is correct,  it explains how this downward move ends. As mentioned above, Tuesday’s of option expiration week are called Turnaround Tuesdays. It sounds like the bear would stop by the end of the day Tuesday since that would be the third day, third shot. I find this very helpful because it means this drop is not the graph I saw and the spike on May 11 was not the blow-off top. Those events would still be in the future.

Warnings of May 23-27:
Several people have recently shared warnings about a significant market event happening during the week of May 23-27.

In a comment posted on May 4 2016, Z3er Darrell Samsom shared, “On May 23 2015, I was worshiping and the Lord told me I had one year to get my house in order. We are approaching that one-year mark. Not sure what will happen then.”

In a comment posted on May 13 2016, Z3er Mike Fisch shared, “This morning I was praying about when the big move up in forex (USD/CHF) would occur and the week of May 23-27 came to mind. I feel like there’s more revelation to come on that question, so let’s call that an initial impression.”

Even though Mike is referring to the forex market, he was praying about a very big move coming there that would surely have a big impact on the stock market. He is watching for the price of the USD/CHF currency pair to skyrocket up to 1.35, which I saw in a dream in December 2015. The current price is .975. A move of that size would require a major event. In my dream I saw it happening very fast, so fast I was not able to place an order to sell at the top. I was not shown the cause of the move, but a crash of Germany’s largest bank, Deutsche Bank, is a possible cause. What is interesting about that scenario is Pastor Louie McGeorge’s dream in which he saw Germany crashing on the 25th, but was not shown the month.  May 25 is next Wednesday.

Another warning comes from a friend of mine who has an excellent prophetic track record, but prefers to remain anonymous. She saw two significant turning points in the markets in 2016 would happen on May 25 and August 11. Perhaps she was seeing the same event Pastor Louie McGeorge saw.

All of these warnings point to a significant event during the week of May 23-27, which means that might be the start of the first leg down. In that scenario, we still have time to make a blow-off top, but there could be other possible interpretations.

Another interesting fact about that week is the timing of the second passover, which is called Peach Sheni, on May 22 2016. (Source: Wikipedia) Another Jewish holiday, Lag BaOmer, begins at sunset on May 25 and ends at sunset on May 26 (Source: Hebcal.com) Note: Thanks to Matt NZ for sharing these Jewish holiday facts!

Historical Pattern:
We have all heard the old saying, “Sell in May and go away.” However, a closer look reveals an even more amazing pattern of the stock market making new tops during May 19-22, as shown below:

  • The final top prior to the 2001 crash was on May 22.
  • The highest level in 2002 was on May 19.
  • The final top prior to the 2008 crash was on May 19.
  • The all-time high for the Dow was on May 19 2015.
  • The all-time high for the S&P was on May 20 2015.

I did not take the time to review every year, so other examples could probably be added to this list. Thanks to Aaron Brickman for providing these dates.

Technical Analysis:
The technical analysis shared by Peter Temple’s World Cycles Institute in my previous post identified a blow-off top is coming soon, but would be preceded by a downturn estimated to bottom at 2045 S&P. That part of their forecast proved to be accurate. The market low on Friday May 13 was 2043 with a bounce back up to the closing price 2046. We will soon find out how accurate they are on rest of their forecast.

Conclusion:
The title of this post is based on the vision I saw last night. I believe the warning of a strong bull is applicable regardless of which way the market moves next week. The bull is still strong and very dangerous.

This post is not an attempt to prove what the market is going to do next because only God knows the future. This is only an attempt to provide relevant facts so we can all seek God for further direction and make our own informed decisions. The more insights we have the better.

Someone asked if we are divided among ourselves with different views of where the market is headed, but we are not divided. We are all sorting out the pieces together, and there are lots of them to consider. We all agree a major downturn is coming soon and we all want to be positioned for it so we can use the profits to advance God’s kingdom.

For all of the reasons stated above, I am inclined to believe the current downward trend from May 11 and 13 is going to reverse and start moving up with a blow-off top either later in the week of May 16-20 or early the next week. However, I have been wrong before and could very possibly be wrong again. Regardless of how it plays out, there are lots of opportunities ahead and lots of dangers too.

I thank God for the insights He has given to so many people. We are seeing an amazing display of His gifts manifesting in His people for the benefit of all. I praise God for His awesome help and provision!

4 Now there are varieties of gifts, but the same Spirit.
5 And there are varieties of ministries, and the same Lord.
6 There are varieties of effects, but the same God who works all things in all persons.
7 But to each one is given the manifestation of the Spirit for the common good. (1 Corinthians 12:4-7)

James Bailey

Author: James Bailey

James Bailey is a blogger, business owner, husband and father of two grown children. In 1982, he surrendered his life to the Lord Jesus Christ. In 2012, he founded Z3news.com to broadcast the message of salvation by reporting end time news before it happens.

© 2016, Z3 News. The first 200 words of Z3 News articles may be shared online in exchange for a clickable link to our site. Please include the author name and do not make any changes to text or titles. No image files from our site may be shared because we don’t own them. For permission to use our content in other formats, please contact us.

Donate to Z3 News. All major payment methods accepted.

Leave a Reply

Notify me of
avatar

Sort by:   newest | oldest | most voted
Wayne C.
Wayne C.
Member
May 23, 2016 9:08 AM

WOW, James…

New format for comments looks great.

It will take awhile to get accustomed to the new look.

Thanks and God bless Z3!

Mikey H
Mikey H
Member
May 23, 2016 11:48 AM

Agreed, great job James, we the Z3’ers appreciate you brother.

Charles
Member
May 23, 2016 2:08 PM

James, you may need a post an instruction sheet on how to use all the codes and abbreviations. 🙂 It would be nice to reference comments as it seems to get buried and challenging to find after it goes live. This upgrade should be a great help to receive replies from comments to continue discussions. Thanks James and Rob!

Jim Reeve
Jim Reeve
Member
May 23, 2016 8:02 AM

in my dream last night there is a junk car sitting in the road. It sits for a brief while, and then it is decided to push the car forward, because it is blocking traffic. I may be involved in the decision. It’s like the car’s wheels are stuck, so it slides forward as it is pushed by a Mustang (possibly) behind it. Down the road a short ways a right turn is made and the car is pushed in front of this derelict looking house.
I think the junk car is the market as it now sits. The Mustang is a horse, and thus bullish. The bullish impulse pushes the junk car forward some, but it is a struggle. Eventually, the car turns short (right turn) and is pushed in front of the derelict house. The scene suggests that the underlying econonomy is actually derelict, even though the junk car is being pushed forward. The market can’t even get moving forward without help, like almost manipulative. These heights in the market are actually a junk car that can’t move on it’s own. I would interpret this to suggest that very near term will be reasonably flat (car is stuck). Then we begin to move up slowly. After this push higher, there is a turn back down, but this happens slowly as well. Nothing real dramatic here, just some evidence to me we move higher, and the big move down is not yet indicated. I’m assuming near term fulfillment and a reasonably fast clock. J

Jim Reeve
Jim Reeve
Member
May 24, 2016 7:26 AM

I had a dream last night that suggested that there’s something about tomorrow in the equity market that I don’t understand. That causes me some pause. Also, I was on the UNC campus in a dream. That’s the Tarheels, which is a short oil reference. No timing with that one.

J M
J M
Member
May 25, 2016 4:31 PM
Jim… I’m seeing this oil slide come into view more and more. Here is my latest intel to add to the picture: Saw a picture flash before me of an all red gas station. That would seem clear. Also had a vision of the word “OLIVE” written on someone’s back. With me olive(s) can represent anointing, but I believe it’s referring to oil as usually if it’s written on someone’s back it refers to an asset class that is going “back” or into reverse. And I know the anointing is not going in reverse, that’s on an upward trajectory! Then this morning I saw the same vision except instead of “olive” I saw “28”. So I’m taking from this that oil is headed to $28. I was expecting it to head to those parts anyway but this is a little more specific. Also this major drop we’re hunting for has been portrayed to me repeatedly as a red double decker bus. It’s a double decker because there are two levels to it: two things will slide simultaneously in tandem (and I’ve seen the reverse is true as the market retraces, two things rise hand in hand). I had thought that one level was a currency slide (EU) and other a equity slide, and I sort of still do, because I have seen that. But now I wonder if the other level that slides down together with equities is oil. Interestingly last time I had a vision of the big red double decker I saw what number it was and it was the number “42.” So if I’m accurately interpreting this, when oil passes through $42 on the way down we could at that point see an escalation of things. This same thing happened in January when I saw the market… Read more »
Jim Reeve
Jim Reeve
Member
May 26, 2016 7:34 AM

JM. Wow, so many common metaphors, and some new ideas I haven’t thought about. “On the back”, I haven’t thought of that, but I like it. Agree with “olive”. It is an “o” word and is, itself, associated with a type of oil. I agree with the price target. Fits with some stuff we have (26-29). So, that’s very helpful. I’ve had red double decker buses in the past as well. I will consider your interpretation, because I haven’t figured it out yet-so you may have it. I tried to go with two separate vertical levels of one underlying (but never got that to really fit very well. If so, on my grid it’s equities and oil down. Near term silver up. I’ve got nothing on currencies. The number 42 must be oil, it’s where I’d go with it. I will defer to your interpretation, so let’s look for it.

J M
J M
Member
May 27, 2016 4:18 PM
We share a common language it seems. Definitely gives me heart. Yes I began asking the Lord about the red double decker and had a few visions that helped me to unlock that interpretation. There were several, all carrying the same message. He is the one I like the most: I saw two sinks side by side, sort of like the ones you see in expensive ensuites where there are two sinks, so a couple can have one each. That sort of idea. So two things go down the drain together in tandem. Had some further visions yesterday: (1) Saw a african woman’s foot. Some of the toes were banged up and bandaged. Colouring I believe that’s a reference to oil (you taught me this). Feet/shoes/toes speak to me of down/drop. (2) I was standing on a road that was going up. In the vision I was on the road. While looking up the road/hill I’m falling back, while in front of me I saw a white van was going up the hill. I normally interpret white vans as either a equities rally or the spoils of wealth transfer (in a macro sense). But I’m learning from you: perhaps silver rallies while I (the markets) fall down? (3) Another “back” vision, this time it looked like the back of a Boston Celtics basketball singlet. The writing was in green. I saw the number it was “20”. This seems to be a contradiction of terms. Green means rally, yet on the back when that means a fall. It could possibly mean oil rallies from $20 but then why would I see $28. Either that or it’s saying “greenlight for $20 drop” Last time I looked oil was at $48ish so a drop of $20 would take it to $28. Also is… Read more »
Jim Reeve
Jim Reeve
Member
May 27, 2016 6:15 PM

Agree with (1).
Agree with (2). I think that’s right, silver climbs, while equities drop.
(3) Tricky. Celtics would seem to be oil (CL) and the number is an oil-like number. Basketball is also a reference to variation (dribbling). The “back” idea is new to me. Does it mean down, or can it mean that the move back is a return to a higher number from whence it came? If it can mean the latter, than it suggests a return of $20 from a lower place. So, it’s a backward way of saying we must go down $20 in order for there to be a return of that amount at some point in the future. It would begin to help develop the VW in oil. It is also basketball. I’m convinced the first iteration must be down. Thoughts?

J M
J M
Member
May 28, 2016 1:00 PM

I like it Jim. That could be it. So back to $28 then a $20 rally back to roughly where it started. So the celtics shirt, even though it represents a rally, it’s still, in effect “going back.” Like you say fits the VW oscillating/dribbling theme. Two other possible interpretations of the Celtic shirt: (1) green light for a $20 drop to $28 or (2) it’s making a reference to a drop in the greenback/US$. But “20” with the US$?

Im asking the Lord about a currency event. I can see something in the haze but I can’t quite make it out. Got a few things last night but need more pieces. Most of the Intel I’ve received concerning currencies is further out, it occurs in a Sep/Oct/Nov, but never saw the year. In that sequence I had several weeks back, once the luggage was slotted into the overhead compartment, I saw the coin/currency rolling on the floor. Now Victoria’s word for the 12th. If something is imminent, I’m sure it will begin to crystallise.

Jim Reeve
Jim Reeve
Member
May 28, 2016 6:27 PM

JM. Right, June 12 for a currency event seems to be showing up faster than my clock would suggest as well. Usually, things don’t sneak up on me with a “suddenly”. I see way in advance, and then the story is filled in as we get closer. So, this could be something I’m just not seeing, or something else. I do see a big market disruption, with no date (so maybe I just don’t see the currency side). However, it seems it should be after the V. I feel like the V, needs to happen first. If I don’t see that first, then I have a large prophetic conflict. I would say that the June 12 could be some other year (which happens) except for the Sunday reference. I have to admit, that seems to pinpoint it. J

J M
J M
Member
May 29, 2016 4:56 AM

Yes I’m sure too its all post V. I think we’re getting close to a more significant currency move, perhaps not by June 12 but end of June going into July I would be more expectant of it. Because it’s still a little hazy for me I feel it’s still a little ways off.

Wayne C.
Wayne C.
Member
May 24, 2016 9:16 AM

Jim,

I’m looking forward to your interpretation of your Chapel Hill dream, especially since tomorrow is the 25th.

By the way, are you from NC?

Jim Reeve
Jim Reeve
Member
May 24, 2016 12:14 PM

Wayne. I think the “Tar Heels” is the interpretation. Tar is black, and on the heel is about as short as you can get. So I think it’s telling me that oil is about to turn. I had a dream a few weeks ago where I was walking by Bill Cosby as he was playing the drums. Trading dreams 201: Bill Cosby is Cliff Huxtable. African Americans are frequently oil. Cliff is a CL word, which is the futures symbol for oil, it is also a “cliff” indicating short. Today I saw Bill Cosby entering the courtroom on the news, so I take that as an additional timing marker for short oil entry.

J M
J M
Member
May 25, 2016 4:48 PM

This is interesting because over the past few days for some reason I was quite randomly watching some Michael Jordan documentaries. Im not even a basketball fan. But something about UNC which happened to be where he was from and the college he represented. As least for MJ once he became a Tar Heel his trajectory was up, up, up and up, higher than anyone had gone before. The same could be true for oil. Once it hits it’s heels, as you say, it begins its stupendous ride up, as you yourself have seen Jim.

Wayne C.
Wayne C.
Member
May 24, 2016 1:56 PM

Jim,

Amazing with your “glossary”. You really do need to write a book…or 2.

Thanks

P.S. With all your dreaming, I hope you sleep really well. What a gift!

Jim Reeve
Jim Reeve
Member
May 23, 2016 1:07 PM

JM-It seems some conversation between you and I got lost during the comment upgrade. Anyway, you mentioned seeing an aircraft carrier out a small distance. I think that’s important, and I wanted to make sure you got my response. “Aircraft carrier” is one of my “life” metaphors. It was one of my first lucid dreams and repeats itself over the years as I get closer to it. It’s where I’m going along with many others. I believe it’s the ark. The Las Vegas treadmill dream is very important, because it shows the transition from Las Vegas to the Magic Kingdom. We desperately need that transition. I think the aircraft carrier is part of the transition, and you’re seeing it approach, just like I’m seeing the gate to the Kingdom approaching. If the timeline suggested in Z3 is correct, we don’t have a lot of time. The whole purpose of this ministry is to do the ark work that is required before we run out of time. For me, it involves teaching others to obtain resources that are need for their personal ark work. People don’t have time to go up my learning curve experience, so our spiritual capability must accelerate. There are things that have to be done that will be very expensive. Those need to be accomplished while the money still works. This gift is to help get that accomplished. The same applies to many others here in Z3. For a few of us, it is much more than just our personal accounts. I think you are one, if you see the aircraft carrier.

J M
J M
Member
May 25, 2016 11:43 AM

Thanks Jim for taking the time to make sure I heard that. I value your presence on this site. There are a lot of us young fledgings here who need your specialised wisdom. You’ve gone ahead and surveyed the waters, so others like myself can come along behind and be shown the way.

So you see the carrier as representing a looming transition to a new order or reality. Perhaps for us that represent coming into our own and wielding wealth to finance His end time movements. And that this upcoming “gate” – also another transitition that we are seeking to navigate – represents the entry into that call, that reality, that kingdom?

Jim Reeve
Jim Reeve
Member
May 26, 2016 7:09 AM

JM, do you mind me asking–is your first name either John or Jeff? I had a dream and I’m trying to make placement. J

J M
J M
Member
May 27, 2016 4:19 PM

Sure… Definitely a “J” but not a Jeff or John.

Ed h
Ed h
Member
May 23, 2016 11:09 AM

Joe k,
Very interesting. I just saw an article of the snp almost the same. The snp went up and leveled in 01-02 then crashed snp went up and leveled in 07-09 then crashed now with QE it has gone way up and leveled out but now is all over the place but going to come down harder than the other two times.

Joe K
Joe K
Member
May 23, 2016 11:32 AM

Thanks Ed.

Joe K
Joe K
Member
May 23, 2016 9:44 AM
mike kasten
mike kasten
Member
May 23, 2016 6:09 AM

I went short friday just before closing when the rally ended up weaker. Felt good about it.Elliot wave felt the same about the dow but didn’t like that the s&p didn’t confirm it. Saturday my stomach was churning most of the day. That happened a few weeks ago also when i went short. That was the Lord telling me to get out which I did premarket. The futures have been the all over the place. Opened up 40 down, next time i looked around 4 or 4:30 it was up, then back down. I wouldn’t have believed it was going back up, but I do now

Aaron
Aaron
Member
May 23, 2016 6:29 AM

In my opinion. The spx is in a descending triangle. First leg up began 4/12, second leg down began 4/21, third leg up began 5/6, fourth leg down 5/11, last leg up 5/19.
I’m looking for it to break lower. If it breaks above 2071, I’m wrong.

Bob
Bob
Member
May 22, 2016 7:23 PM
Joe K
Joe K
Member
May 21, 2016 3:05 PM

Peter Temple has published his updated outlook for the week and is still calling for a high of 2116 before the turndown and the timing looks like it’s well into June. One thing the last few months have taught me is that major moves in the market can often take longer to manifest than we may first expect…

http://worldcyclesinstitute.com/the-last-upper/

Ed h
Ed h
Member
May 21, 2016 2:41 PM

Bob, it’s gonna get ugly. The mother of all bubbles is about ready to explode and they are trying to hold it together. Not too many people talking about it, but it’s there. Derivatives. It’s out of control. The derivatives market is up to $553 trillion. That is 7x more than the entire economy of the world. Just the 5 big banks in America have an exposure 13x the size of our national debt.

Z3 we are the minority. Only 1% invest in silver. Only 2% even know what a derivative is. Gold investors about 4%. 52% of people think Obama economy is good. 48% of Americans who have pensions and 401ks are totally invested in the markets if they know it or not.

Bob
Bob
Member
May 21, 2016 5:53 PM

Ed,
How is is your wife doing, buddy?

Ed h
Ed h
Member
May 21, 2016 6:04 PM

Thanks for asking . She had a rough day yesterday. It was the first day back with all her students. The girls kindergarten teacher was in my wife’s class as well. She broke every rule in the book and all the kids prayed for her family in the classroom. We are expecting the Feds to show up at our house any minute. I tried talking to her about it last night but she’s not ready yet.

Bob
Bob
Member
May 21, 2016 6:15 PM

All the kid’s prayed for the family praise God!!! Give your wife a big hug from my wife and I here in Colo. for being a rule breaker!! I love it.

wpDiscuz