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

 
Anonymous Coward
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10/26/2011 08:38 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Technical analysis is bullshit... Looking in the rearview mirror predicts the future how, exactly?
Anonymous Coward
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10/26/2011 08:39 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Thats where most of mine are. I have 49% in an international fund and 10% in company stock (electric utility I work for) and the rest in some other crap i cant remember
 Quoting: Anonymous Coward 3639588


I just looked and 88% are stocks and the rest mut funds
 Quoting: Anonymous Coward 3639588


This is why I dont look at my statements. I lost 20% since my last statement. Primecap and internation stocks were my biggest losses
Anonymous Coward
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10/26/2011 08:39 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
Anonymous Coward
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10/26/2011 08:40 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
 Quoting: Anonymous Coward 1559901


There is no such thing as a multi decade head and shoulders pattern.

Even if there were, there is nothing technical about this type of analysis. Just a bunch of little amateurs drawing on boards with crayons.
Anonymous Coward
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10/26/2011 08:42 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
We may see a modest collapse prior to Obammy getting the boot but after 2012 when investors can start buying into a market that isn't being FORCED to go green, the money they are sitting on will make for a very nice ride back above 20,000.

Right now, the money is out there, it's just on the tarmack until the Kenyan and his Chicago goon staff are thrown out on their asses.
Burt Gummer

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10/26/2011 08:42 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
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]
 Quoting: WatchmenOnTheWall


Glad some other people are paying attention to these technicals as well.

I have been thinking about this for the last few weeks.
It really does look like a head and shoulders bear pattern on an UBER MEGA SCALE.

We already had 2 smaller time frame Head and Shoulders patterns that played out as expected.

This one....if it finishes it formation, will the THE MOTHER OF ALL HEAD AND SHOULDERS patterns.


Timeframe shifted forward...it seems to be around 2012 or 2013.


tippt

Last Edited by Useless Cookie Eater on 10/26/2011 08:43 PM
Anonymous Coward
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10/26/2011 08:43 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
 Quoting: Anonymous Coward 1559901


There is no such thing as a multi decade head and shoulders pattern.

Even if there were, there is nothing technical about this type of analysis. Just a bunch of little amateurs drawing on boards with crayons.
 Quoting: Anonymous Coward 4101371


So is everything just great? Not being a smartass just want an opinion. I don't want to work til I'm 67. I try to live below my means in hopes of saving money so I can retire by 55
Anonymous Coward
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10/26/2011 08:45 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Technical analysis is bullshit... Looking in the rearview mirror predicts the future how, exactly?
 Quoting: Anonymous Coward 1136686


Really??? If you don't think so, then you're doomed already.

Life is built on repeating cycles.
Anonymous Coward
User ID: 3639588
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10/26/2011 08:45 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
We may see a modest collapse prior to Obammy getting the boot but after 2012 when investors can start buying into a market that isn't being FORCED to go green, the money they are sitting on will make for a very nice ride back above 20,000.

Right now, the money is out there, it's just on the tarmack until the Kenyan and his Chicago goon staff are thrown out on their asses.
 Quoting: Anonymous Coward 1827797


BACK to 20,000????
Burt Gummer

User ID: 3959713
United States
10/26/2011 08:46 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
 Quoting: Anonymous Coward 1559901


There is no such thing as a multi decade head and shoulders pattern.

Even if there were, there is nothing technical about this type of analysis. Just a bunch of little amateurs drawing on boards with crayons.
 Quoting: Anonymous Coward 4101371


So is everything just great? Not being a smartass just want an opinion. I don't want to work til I'm 67. I try to live below my means in hopes of saving money so I can retire by 55
 Quoting: Anonymous Coward 3639588


Those crayon board etchings make me lots of cash.

clues
Anonymous Coward
User ID: 3639588
United States
10/26/2011 08:47 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
 Quoting: Anonymous Coward 1559901


There is no such thing as a multi decade head and shoulders pattern.

Even if there were, there is nothing technical about this type of analysis. Just a bunch of little amateurs drawing on boards with crayons.
 Quoting: Anonymous Coward 4101371


So is everything just great? Not being a smartass just want an opinion. I don't want to work til I'm 67. I try to live below my means in hopes of saving money so I can retire by 55
 Quoting: Anonymous Coward 3639588


Those crayon board etchings make me lots of cash.

:clues:
 Quoting: Burt Gummer


wut you talkin bout willis?
Anonymous Coward
User ID: 1827797
United States
10/26/2011 08:48 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
We may see a modest collapse prior to Obammy getting the boot but after 2012 when investors can start buying into a market that isn't being FORCED to go green, the money they are sitting on will make for a very nice ride back above 20,000.

Right now, the money is out there, it's just on the tarmack until the Kenyan and his Chicago goon staff are thrown out on their asses.
 Quoting: Anonymous Coward 1827797


BACK to 20,000????
 Quoting: Anonymous Coward 3639588


Sorry, meant back, and then to...
Anonymous Coward (OP)
User ID: 1023938
United States
10/26/2011 08:48 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
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!


 Quoting: WatchmenOnTheWall


It could be, but you are blinded by what wall street wants you to believe. That is stocks set the tone for the economy.

That is an outright lie, stocks have always been a mechanism to establish prices and build equity nothing else. The macro conditions of the economy set the performance of stocks. It may take years for stocks to finally get it, but eventually it happens as market forces are too big for any individual, group or government to control.

Saying that a market crash will cause a great depression is putting the ox before the cart, the economy determines stock values not the other way around.
 Quoting: Anonymous Coward 961432


No... I know a fat cat on wall street. Within one year, it will all be over. You'll see unfortunately! It's all planned my friend.
Anonymous Coward (OP)
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10/26/2011 08:49 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
When might this happen? Is there a window you're looking at?
 Quoting: Anonymous Coward 1559901


Within one year. Could be just months.
Anonymous Coward
User ID: 3639588
United States
10/26/2011 08:50 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
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!


 Quoting: WatchmenOnTheWall


It could be, but you are blinded by what wall street wants you to believe. That is stocks set the tone for the economy.

That is an outright lie, stocks have always been a mechanism to establish prices and build equity nothing else. The macro conditions of the economy set the performance of stocks. It may take years for stocks to finally get it, but eventually it happens as market forces are too big for any individual, group or government to control.

Saying that a market crash will cause a great depression is putting the ox before the cart, the economy determines stock values not the other way around.
 Quoting: Anonymous Coward 961432


No... I know a fat cat on wall street. Within one year, it will all be over. You'll see unfortunately! It's all planned my friend.
 Quoting: WatchmenOnTheWall


so it doesnt matter what I do, Im screwed
Anonymous Coward (OP)
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10/26/2011 08:50 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Technical analysis is bullshit... Looking in the rearview mirror predicts the future how, exactly?
 Quoting: Anonymous Coward 1136686


Watch when it breaks the neckline.
Anonymous Coward
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10/26/2011 08:50 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
1-to-1 gold to DOW relationships is coming. Expect DOW to fall to about 4000 and gold to rise to about the same.
Anonymous Coward (OP)
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10/26/2011 08:53 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
 Quoting: Anonymous Coward 1559901


Those are the very things that are causing the chart pattern you see in this link.

[link to finance.yahoo.com]
Anonymous Coward
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10/26/2011 08:54 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
1-to-1 gold to DOW relationships is coming. Expect DOW to fall to about 4000 and gold to rise to about the same.
 Quoting: Anonymous Coward 3640776


impossible.

you people are morans.
Anonymous Coward (OP)
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United States
10/26/2011 08:55 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Five related threads show up beneath this thread, from 2007, 2009 and 2010. Did those result in crashes? Or were those more minor, short term patterns? Thanks! Good thread!
 Quoting: Anonymous Coward 1559901


There is no such thing as a multi decade head and shoulders pattern.

Even if there were, there is nothing technical about this type of analysis. Just a bunch of little amateurs drawing on boards with crayons.
 Quoting: Anonymous Coward 4101371


You have no idea what you're talking about!

Here's your multi decade head and shoulders formation.

[link to finance.yahoo.com]
Anonymous Coward (OP)
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United States
10/26/2011 08:57 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
We may see a modest collapse prior to Obammy getting the boot but after 2012 when investors can start buying into a market that isn't being FORCED to go green, the money they are sitting on will make for a very nice ride back above 20,000.

Right now, the money is out there, it's just on the tarmack until the Kenyan and his Chicago goon staff are thrown out on their asses.
 Quoting: Anonymous Coward 1827797


They're not going anywhere. Occupy wall street will see to that!
guarnere09
User ID: 1459081
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10/26/2011 08:57 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
ya it will crash soon the fed has been printing the fake money for all this time so the numbers are fake and there is so much debt out there its finally catching up... How can you pay off debt with debt???? you cant! have to switch to a new currency NAFTA thanks bilderberg Perry. North American Union... Pipeline from Canada to Port, Author Texas right by where i live, we lifted the truck law against Mexico so now they come in all the way, and RICK BILDERBERG PERRY baught all the land up in the middle of Texas for his "Texas Trans Union Highway" NAFTA Highway... Please don't vote for this man.

MAKE ALL COUNTRIES PART OF A TYPE OF UNINON THEN COMBINE THEM, EVER HEARD THAT SONG "IMAGINE" BY JOHN LENON THIS IS IT.

[link to www.youtube.com]

read your bible we are close.
Anonymous Coward (OP)
User ID: 1023938
United States
10/26/2011 09:01 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
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!


 Quoting: WatchmenOnTheWall


It could be, but you are blinded by what wall street wants you to believe. That is stocks set the tone for the economy.

That is an outright lie, stocks have always been a mechanism to establish prices and build equity nothing else. The macro conditions of the economy set the performance of stocks. It may take years for stocks to finally get it, but eventually it happens as market forces are too big for any individual, group or government to control.

Saying that a market crash will cause a great depression is putting the ox before the cart, the economy determines stock values not the other way around.
 Quoting: Anonymous Coward 961432


No... I know a fat cat on wall street. Within one year, it will all be over. You'll see unfortunately! It's all planned my friend.
 Quoting: WatchmenOnTheWall


so it doesnt matter what I do, Im screwed
 Quoting: Anonymous Coward 3639588


Real gold and silver even though we're all screwed anyways. That gives you the best chance. (No... I do not sell gold and silver before you claim this is the reason for my thread.)
Anonymous Coward (OP)
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10/26/2011 09:03 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
ya it will crash soon the fed has been printing the fake money for all this time so the numbers are fake and there is so much debt out there its finally catching up... How can you pay off debt with debt???? you cant! have to switch to a new currency NAFTA thanks bilderberg Perry. North American Union... Pipeline from Canada to Port, Author Texas right by where i live, we lifted the truck law against Mexico so now they come in all the way, and RICK BILDERBERG PERRY baught all the land up in the middle of Texas for his "Texas Trans Union Highway" NAFTA Highway... Please don't vote for this man.

MAKE ALL COUNTRIES PART OF A TYPE OF UNINON THEN COMBINE THEM, EVER HEARD THAT SONG "IMAGINE" BY JOHN LENON THIS IS IT.

[link to www.youtube.com]

read your bible we are close.
 Quoting: guarnere09 1459081


You're right there my friend, but it's even much deeper then that.
Anonymous Coward (OP)
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10/26/2011 09:11 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
You want to know just how bad it will be? Look to the left on the below chart/link. See 1930, and all the way over to 1940's. That was the great depression. Hardly a blip on the chart. Now look at the head and shoulders formation on the right. That is dynamic. Wouldn't you say? What do you suppose that big ugly monsters gonna do real soon? They'll be no stopping it!

[link to finance.yahoo.com]
Burt Gummer

User ID: 3959713
United States
10/26/2011 09:11 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
...


There is no such thing as a multi decade head and shoulders pattern.

Even if there were, there is nothing technical about this type of analysis. Just a bunch of little amateurs drawing on boards with crayons.
 Quoting: Anonymous Coward 4101371


So is everything just great? Not being a smartass just want an opinion. I don't want to work til I'm 67. I try to live below my means in hopes of saving money so I can retire by 55
 Quoting: Anonymous Coward 3639588


Those crayon board etchings make me lots of cash.

clues
 Quoting: Burt Gummer


wut you talkin bout willis?
 Quoting: Anonymous Coward 3639588


Trading and Technical Analysis 101

gekko
Anonymous Coward
User ID: 1459081
United States
10/26/2011 09:14 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
ya it will crash soon the fed has been printing the fake money for all this time so the numbers are fake and there is so much debt out there its finally catching up... How can you pay off debt with debt???? you cant! have to switch to a new currency NAFTA thanks bilderberg Perry. North American Union... Pipeline from Canada to Port, Author Texas right by where i live, we lifted the truck law against Mexico so now they come in all the way, and RICK BILDERBERG PERRY baught all the land up in the middle of Texas for his "Texas Trans Union Highway" NAFTA Highway... Please don't vote for this man.

MAKE ALL COUNTRIES PART OF A TYPE OF UNINON THEN COMBINE THEM, EVER HEARD THAT SONG "IMAGINE" BY JOHN LENON THIS IS IT.

[link to www.youtube.com]

read your bible we are close.
 Quoting: guarnere09 1459081


You're right there my friend, but it's even much deeper then that.
 Quoting: WatchmenOnTheWall


oh i know lol i just didnt feel like typing forever lol i would have to make a movie longer than the hairy potter films
Anonymous Coward (OP)
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10/26/2011 09:17 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
ya it will crash soon the fed has been printing the fake money for all this time so the numbers are fake and there is so much debt out there its finally catching up... How can you pay off debt with debt???? you cant! have to switch to a new currency NAFTA thanks bilderberg Perry. North American Union... Pipeline from Canada to Port, Author Texas right by where i live, we lifted the truck law against Mexico so now they come in all the way, and RICK BILDERBERG PERRY baught all the land up in the middle of Texas for his "Texas Trans Union Highway" NAFTA Highway... Please don't vote for this man.

MAKE ALL COUNTRIES PART OF A TYPE OF UNINON THEN COMBINE THEM, EVER HEARD THAT SONG "IMAGINE" BY JOHN LENON THIS IS IT.

[link to www.youtube.com]

read your bible we are close.
 Quoting: guarnere09 1459081


You're right there my friend, but it's even much deeper then that.
 Quoting: WatchmenOnTheWall


oh i know lol i just didnt feel like typing forever lol i would have to make a movie longer than the hairy potter films
 Quoting: Anonymous Coward 1459081


lol.
Burt Gummer

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10/26/2011 09:18 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Anacott Steel. It's a sure thing!

budfox
 Quoting: Open Your Eyes


Only sheep and fools listen to brokers.
Anonymous Coward (OP)
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10/26/2011 09:19 PM
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Re: *WARNING* Has The Dow Jones Industrial Average Been Forming A Massive Head And Shoulders Formation For 16 Years? Crash Coming!
Anacott Steel. It's a sure thing!

:budfox:
 Quoting: Open Your Eyes


Even if my boy Charlie Sheen was pushing it, I wouldn't buy. I'd be looking to short almost everything.





GLP