johnyholiday Posted May 9, 2006 Author Share Posted May 9, 2006 Gold shot up $22 right to it's fibonacci level $700(chart above will she hold?) {blow off/short squeeze?}Fed meets tomorrow {one&done?} The DOW plowed past a formidable 6 year resistance This chart goes back to 1999. You can see on the red dotted line {also Inverse Head an Shoulders neck line} that the DOW made 4 unsuccessful attempts to take out this resistance and finally made it on its 5th. try. *** Yesterday, the DOW closed at 11584 and it is now 1.5% away from its 11750 high. It shouldn't have a problem of moving up to that level and testing the 11750 level ,this is a massive {with 4 other IHS hidden inside (find Waldo)} Inverse Head an Soulders formation {~3,500 point formation, measured from the low of ~7,500 points, to the neckline of 11,300 points}happening over a 6 year period,adding the ~3500 points on top of the neckline gives a target of 14,800 minimum {melting up over the next ~6 years?} Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 9, 2006 Author Share Posted May 9, 2006 Not to forget the Double Bottom of 2002-2003 Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 11, 2006 Author Share Posted May 11, 2006 Mild fear is good,Extreme fear is Ecstasy,like Walken the Nose Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted May 15, 2006 Share Posted May 15, 2006 Okay, Mr. Holiday. I see you are capable of showing us just about anything. There's been some very interesting charts here. How about this? Can you find a long-term chart that shows the wealth distribution in America in terms of proving or disproving the saying "The rich get richer, and the poor get poorer?" Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Johny is in the witness box!... the foundation of collectivism is simple: There should be no important economic differences among people. No one should be too rich. No one should be too poor. We should "close the wealth gap." This is a very powerful idea. This is a very common idea. This is a very bad idea. to close the "wealth gap" is worse than silly. It entails a lie. The notion of economic equality is based on an ancient and ugly falsehood central to bad economic thinking: There's a fixed amount of wealth. Wealth is zero-sum, human productivity has proven to be fabulously expandable, A collectivist can hear these figures and claim they are just averages, claim they don't show who actually got that money. The collectivist can recite the old saying: "The rich get richer and the poor get poorer." But there is no statistical evidence of this The tenth commandment sends a message to collectivists, to people who believe wealth is best obtained by redistribution. And the message is clear and concise: Go to hell. a thief practices free-lance collectivism, track record of collectivism in this century: The holocaust, Stalin's purges, the suffering caused by the Great Leap Forward here. But in our residual collectivism and our infatuation with equality we keep trying to get rid of rich people.if we get rid of the rich we could all be standing in the bread line ala the Great Depression{see chart} There's a joke President Reagan told about the way collectivist politicians treat rich people: A traveling salesman stays overnight with a farm family. When the family gathers to eat there's a pig seated at the table. And the pig has three medals hanging around his neck and a peg leg. The salesman says, "Um, I see you have a pig having dinner with you." "Yes," says the farmer. "That's because he's a very special pig. You see those medals around his neck? Well, the first medal is from when our youngest son fell in the pond, and he was drowning, and that pig swam out and saved his life. The second medal, that's from when the barn caught fire and our little daughter was trapped in there and the pig ran inside, carried her out and saved her life. And the third medal, that's from when our oldest boy was cornered in the stock yard by a mean bull, and that pig ran under the fence and bit the bull on the tail and saved the boy's life." "Yes," says the salesman, "I can see why you let that pig sit right at the table and have dinner with you. And I can see why you awarded him the medals. But how did he get the peg leg?" "Well," says, the farmer, "a pig like that--you don't eat him all at once." Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Dollar hits target of head&shoulders{2 h&s one inside the other} formation time for the dollar to fight back? Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Yep blame it on the Chinese, but GOLDZILLA cost them many Yen too {ACTUALY IT'S THE FEDERAL RESERVE PUMPING LIQUIDITY/DOLLARS, INTO THE SYSTEM { Bernanke giveth&taketh liquidity ,with his wonderful, hidden M3, that will no longer be published.M3 is a secret now, go figure} ,will GOLDZILLA BUST A MOVE, when Bernanke taketh away liquidity {turns down the printing presses}, you bet,will the dollar strenthen, you bet Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 There is an average of 400 pounds of copper, in an American house, an the Fed has beat the stuffing out of the housing market, yet copper soared, WHY, the Fed raised rates {the cost to use the tool called money}, while pumping liquitiy into the system {raising the cost of raw materails to build} the old 1,2 sucker punch Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 For Colin he likes volume , nasdaq advancing / declining volume {a ratio} Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted May 17, 2006 Share Posted May 17, 2006 Johny is in the witness box!... the foundation of collectivism is simple: There should be no important economic differences among people. No one should be too rich. No one should be too poor. We should "close the wealth gap." This is a very powerful idea. This is a very common idea. This is a very bad idea. to close the "wealth gap" is worse than silly. It entails a lie. The notion of economic equality is based on an ancient and ugly falsehood central to bad economic thinking: There's a fixed amount of wealth. Wealth is zero-sum, human productivity has proven to be fabulously expandable, A collectivist can hear these figures and claim they are just averages, claim they don't show who actually got that money. The collectivist can recite the old saying: "The rich get richer and the poor get poorer." But there is no statistical evidence of this The tenth commandment sends a message to collectivists, to people who believe wealth is best obtained by redistribution. And the message is clear and concise: Go to hell. a thief practices free-lance collectivism, track record of collectivism in this century: The holocaust, Stalin's purges, the suffering caused by the Great Leap Forward here. But in our residual collectivism and our infatuation with equality we keep trying to get rid of rich people.if we get rid of the rich we could all be standing in the bread line ala the Great Depression{see chart} There's a joke President Reagan told about the way collectivist politicians treat rich people: A traveling salesman stays overnight with a farm family. When the family gathers to eat there's a pig seated at the table. And the pig has three medals hanging around his neck and a peg leg. The salesman says, "Um, I see you have a pig having dinner with you." "Yes," says the farmer. "That's because he's a very special pig. You see those medals around his neck? Well, the first medal is from when our youngest son fell in the pond, and he was drowning, and that pig swam out and saved his life. The second medal, that's from when the barn caught fire and our little daughter was trapped in there and the pig ran inside, carried her out and saved her life. And the third medal, that's from when our oldest boy was cornered in the stock yard by a mean bull, and that pig ran under the fence and bit the bull on the tail and saved the boy's life." "Yes," says the salesman, "I can see why you let that pig sit right at the table and have dinner with you. And I can see why you awarded him the medals. But how did he get the peg leg?" "Well," says, the farmer, "a pig like that--you don't eat him all at once." Yes, Johny. How true your words ring to those, including me, who say "We don't need no stinkin' handouts!" Collectivism is a very dangerous thing, and this has been proven without the need for statistics. But the utter lack of collectivism is equally dangerous, and this, too, has been proven without the need for statistics. Why do so many illegal immigrants come from Mexico? Because, in Mexico, there's no shot at climbing the social ladder. The wealth is so concentrated that it enables the wealthy to take extreme advantage of the working class. There are only so many pigs a person can eat, and if demand on resources is in any way related to wealth and ownership, then, Mexico's resources are far under-utilized. Concentration of wealth manifests itself in a much less competitive market... reducing the incentive to utlitize the country's resources. If the wealth gap in Mexico was not so wide, we should see greater competition in the market, thereby putting pressure on capitalists to use resources more fully and more efficiently. The resources, including human labor, would thereby be in greater demand - much as it is here in America. And the demand for labor will result in increased prices for labor - thereby smoothing the transitions between classes in a far more natural way than occurs there. And need I say, if this were the case in Mexico, we would not be complaining about an immigration problem in America. Unfortunately, redistributions must and do occur. The dilemma is whether they occur through consent in the passing of laws that are followed - or through revolution. This state of affairs in Mexico is not too distant from America's history. America was in some distress before it enacted child-labor laws to prevent the employment of 10 and 12 year-olds in coal mines, and instead, to provide a publicly-provided education, regardless of the family's ability to pay for it. Etc...... The wider the wealth gap, the more abuses that can take place if not properly regulated. But there must be a "healthy" wealth gap to provide incentives for increased production. Otherwise, the working class just gives up - like in the USSR. Unfortunatley, with redistribution programs, there are the free-loaders, who lack ambition and would prefer to live minimal lives - hooked up to the government's intravenous tubes. And therein is the cause of all prejudices to the notion of redistribution. It is a disgrace to see perfectly healthy people picket on the street that their government-paid electricity was cut-off - as if the government should be embarrassed. The sad thing is the government gets embrassed. If I was the mayor.... I think I would enjoy a little camera time on the sidewalk with those folks! I was just wondering about any statistics you could find on your chart room on the growth or decline in wealth concentration in America over the last 30-50 years or so. Quote Link to comment Share on other sites More sharing options...
Colin Posted May 17, 2006 Share Posted May 17, 2006 thakjs for the charts, but the wealth chart shows GDP, not how much wealth the top 1 and 5% have compared to the bottom 1 and 5% - it also does not show the rotation in the population that occurs amongst the super rich (they don't all stay rich forever) and the super poor (they stay poor for generations... Quote Link to comment Share on other sites More sharing options...
Jeff Matthews Posted May 17, 2006 Share Posted May 17, 2006 When Johny said re: the saying "the rich get richer, and the poor get poorer," there's no statistical evidence of this, I took him to mean that there was no reliable data to show the distribution of wealth in America - since wealth, as opposed to income, is generally not reported to the government. Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Be it rich man,poor man,immigrant man,or just a seed, your witnessing the Fibonacci Spiral packing, this arragment forms optimal packing Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 In the galaxy Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 DNA in the cell appears as a double-stranded helix referred to as B-DNA. This form of DNA has a two groove in its spirals, with a ratio of phi in the proportion of the major groove to the minor groove, or roughly 21 angstroms to 13 angstroms. Quote Link to comment Share on other sites More sharing options...
Colin Posted May 17, 2006 Share Posted May 17, 2006 johnny, I think you have some sort of graphics book in the making here... Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Anybody remember WWII we defeated these people an now we insource{thats right insource} them for our automotive industy they were due for a correction Nikkei 225 (NIKKEI.NDX) the good old USA is their boss{get over it some don't like being the boss} Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Anybody remember WWII we defeated these people ,an their economy runs on the dollar, exporting to us, the good old USA is their boss {get over it some don't like being the boss} Frankfurt - DAX (DAX.NDX) Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 Anybody remember WWII ,we help are freinds across the pond {it's a secret but the good old USA owns them too} London - FTSE (FTSE.NDX) Quote Link to comment Share on other sites More sharing options...
johnyholiday Posted May 17, 2006 Author Share Posted May 17, 2006 An are freinds south of the border are not going badly,{there is a Home Depot in Cabo Wabo an Walmart too,a guy could retire there{how about it Colin, if their coming here, lets go their} an have a rope calk supply}tryed to get a generator there once, for Sammys birthday party,but Tesla's road manager {Mikey'O} cut a better deal out front, with a Mexican welder Mexico Index (MEX.SP500) Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.