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G man first let me say kudos. You’ve been on fire lately. The dollar bottom, how it would effect gold and now this call on stocks.

I have question that I posted yesterday but you probably didn’t see. I took the long dollar trade and I’m sitting on huge profits. I don’t want those to evaporate. How long or far do you expect the rally to go?

Thanks.

[…] here Written by Gold […]

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Originally I thought the dollar would test the 200 day moving average before rolling over. However the ferocity of this rally so far suggests that I am probably underestimating how far this could go.

I’m now seriously starting to consider that the dollar could even test the upper trend line of the megaphone topping pattern before turning back down.

http://stockcharts.com/h-sc/ui?s=$USD&p=D&yr=2&mn=6&dy=0&id=p83326106171&a=322772215&listNum=1

Either way this daily cycle should still have another 5-10 days before a short term top. I would think the odds are good the dollar will at least test the next resistance zone at 82.6 before it rolls over into a short term correction.

Gary cannot cope with what he was told on the earlier thread. He is cowed. Moooo!

It sounds like Big Al has bought into the manipulation conspiracy crap. Next thing you know, Big Al will be talking about the Illuminati and the Rothchilds and the New World Order. Don’t worry, it’ll take awhile but that stock market is going to crash and burn. I will celebrate.

In the past we as Americans, as citizens, as human beings, erroneously thought the people we elected to office had their constituents’ interests at heart. We thought leaders of manufacturing and business had altruism as their driving force.

We were mistaken.

We now live in a world where those born within a certain number of bloodlines do all that is in their power to keep the 300-year status quo of fractional reserve banking and a combination of covert and overt totalitarianism to stratify their fellow man, and country, and world, to a status more beneficial to them – and not to the rest of humanity. All else is theater on a variety of stages.

We could have had the stars – instead we get the lash. It is too late to save the country, save yourself.

Gary is a real lightning rod or punching bag for a number of posters here, I really can’t see the fuss, he is just presenting his viewpoint and although he makes some valid points I personally don’t think he will stand the test of time. Controversy is what it is all about and Al is right in having him on as it has stirred a few people up and that is a good thing. DT

I want Gary to know that I personally welcome his views here in this forum. He makes some good calls also. The bashers ran off Peter Grandich which was a shame. Grandich can’t take the heat.

Some folks are just haters 🙂

I like doing the interviews. Folks can agree, disagree, or not listen. Pibe and a few others have their agenda. So be it.

I’ll just keep calling them like I see them. I’ll get some right, and I’ll get some wrong. I just follow what my trading tools tell me to do. That’s about the best anyone can do in this business.

I’m not suggesting conspiracy. There is clear manipulation in all markets. QE is obvious manipulation of the bond markets producing artificially low interest rates. That alone effects almost all other markets.

It’s clear that some of the QE is landing on stocks and real estate. So in that sense there is clear manipulation in the stock market.

On a small time scale, just based on my cycle analysis stocks are doing strange things that don’t happen in freely traded markets. Daily cycle corrections get aborted prematurely before they have time to move into normal timing bands. It looks like that may have happened again on Friday. We’ll have to see if the market makes new highs and if we do get any kind of correction in the 35-40 day timing band.

Considering that QE stretched the last intermediate cycle way beyond it’s normal timing band this particular cycle should have been a little short. It’s now threatening to run a little long. I can’t remember the last time we had two back to back long intermediate cycles.

There may have been one or two instances back in 95 &96 as the internet boom was beginning. Those were driven by huge productivity increases though and had a fundamental driver.

There is no fundamental driver for stretched intermediate cycles in 2013 other than unlimited QE.

BTW you only seem to be impressed with yourself, and you seriously need to work on civil communication skills. It is possible to have a debate without insulting your opponent.

I’ve read an article by Paul Farrell and he now seems schizophrenic when for so long he was calling for a crash and now out of nowhere he is saying that we should go all in and that the markets are going to go bullish. It is like the guy has had an “out of mind experience” and is possessed . How can people make rational statements to investors and be believed with such behaviors? The average investors head must be spinning like a top! I just read Farrell for laughs but when he becomes intellectually dishonest that is when I take exception to him.

The manipulation IS criminally conspiracy driven.
I’m am too old and been around the block a few billion times without saying anything more.

If you know for an absolute fact that this is a conspiracy then why haven’t you been shorting gold when it traded above 1900 and buying the stock market when it was trading at 6000. After all since you are sure its manipulation you must have inside information that no one else knows about but just you. To me it’s just sour grapes for being wrong and looking to blame some outside force for not getting it right.
It appears to me those who are always broadcasting manipulations are always on the wrong side of the trade.
Now if you told your subscribers to pile in on the stock market when it was at 7000 because you see market manipulation or because of a propriety conspiracy that you have been chosen by some divine force then I would be a believer.