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Subject *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!

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[quote:Anonymous Coward 1023938:MV8xNjI4NjYyXzI3ODI0Mzg1X0FBNUM2RUQ2]
[quote:Anonymous Coward 3639588:MV8xNjI4NjYyXzI3ODI0MjI4XzJGQzA5MEQ2]
I'll bite...what do you mean by head and shoulders?  I'm just an idiot with a 401k not a trader
[/quote]

I'm what someone would call a chartist, and someone who bases my investing ideas on technical analysis (Reading chart patterns, and indicators)

To make a long story short, a head and shoulders pattern is a very reliable warning to a downturn in the markets once the price breaks below the neckline by the right shoulder.

These patterns are seen on yearly, weekly, and even on monthly charts, but when you see one of these patterns forming over many, many years, it is very frightening because you can see what very few people can see. That we are in very big trouble!

If that right shoulder breaks below the neckline, (which I believe it will) this time it will make the 1929 stockmarket crash look tiny in comparison.

The end of the great economic boom is over! Batten down the hatches!

Oh yeah... cash out on your 401k now! A small loss now is better then a complete loss later!

[b]NOTE: That break below the neckline will be around 7,000.[/b]
[/quote]

Original Message If you look at the chart I've provided below, you will see that it appears a massive Head and Shoulders formation is in progress.

To those of you who know anything about chart patterns, you know that this is a very bad thing for our economy. When it breaks below the neckline, it will continue to fall/collapse at breakneck speed, probably driving amerika/America into another Great Depression. This next Depression will however make the Great Depression of the 1930's look like a party!

Batten Down The Hatches Everyone!

Something Wicked This Way Comes!

[link to finance.yahoo.com]

Pictures (click to insert)





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