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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: LTK007 who wrote (65769)	5/25/2007 1:21:26 PM
From: LTK007	Read Replies (3) of 116555

My profuse apologies, i am a very undisciplined poster. Sometimes i experience great pain on seeing my sloppy typing and do a repost This is a repost of post i am responding to as moths for months is too much to bear, LOl!:)Max <<EDITED:My call is about the NDX not the price of Spaghetti:) i am talking pattern back to since this STRONG rally in NDX started in July, 2006---i said nothing about 2003. Except for the meaningless head fake at 2/27 for all of 5 trading days SPX has had rigid support at 20ema on getting close to it, or a brief moment below. NDX is the same EXCEPT you use the 50ma. This has been working like A PROGRAM for 10 months(discounting the glitch, which was answered with The Cavalry in full charge. Trumpets going wild!!:). i write "like A PROGRAM" on purpose, because it is behaving like it is a Mega-Computer Program. i repeat what Goldman Sachs said 7 years ago. Not precise words, but good enough ' It is our vision, our ambition to computerize all trading so the unpredictable factor of humans be removed from the market place.' Well WP they have made HUGE progress in realizing this vision, and, FACT, GS and several big brokers are PARTNERS with PPT:they work together. When Paulson was made Secretary of the Treasury we put the Lord Master of PPT control in the top position in the U.S.financial world. For this Programmed Pattern to be busted it will require a STUNNING set of circumstances to BUST it.(edited--those words are too strong--strike STUNNING and go with simply "set of circumstances"--Max:) Fact:latest data says public is NOT feeding this rally. Those that say it is "JPSix" are full of crap.Max>>

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