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2ysur2ysub says: "I think its Greenspan who..." on Blunt News "Thank You and Critiquing Dr. Alan Greenspan"
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Blunt News "Euro Correction Wave Patterns"
EUR USD on downtrend since July 21,2008
Before each correction of the markets, a new high is tested of the Euro
The Euro has been on an uptrend since October 3,2011, based on "hopes" that European leaders had solution. I have been stating that this was media manipulation, with false reports such as the one last week by the Guardian, for the EU to buy time until the G-20. I posted this all last week on my Facebook page.
Bloomberg acknowledged this as a possibility today before 11 am, that the EU was only buying time until the G-20.
Now,back to the charts:
The Euro has been on a set wave pattern since November 6, 2000. I will name that Correction 1.Correction 2, ended November 7,2005. The next wave pattern ended with Correction 3, which ended on November 3,2008. The fourth wave pattern was completed on May 17,2010. We are at the end of the 5th wave pattern, and repeating the dates of:
The euro will be testing the following resistance lines. If the Euro continues to break these resistance lines, a correction will occur:
Euro resistance lines:
1.3491 (if euro does not break this resistance line, we will be in a bull market
1.2998 (minor correction)
1.2648(from here down, this I a serious correction. I believe this will occur in mid-February
1.1978 (this will occur when the UK cracks)
Blunt News "Inverse ETF Strategy"
I want to thank Blackplanet.com for allowing me to be able to archive my studies on your site. It has been a long time in the making, but I am about to prove the "Tranche Theory."
The markets have been falling since mid- August of this year. I noticed a pattern was forming studying the Inverse ETF's that I use on Freestockcharts.com . I own stock in both SEF and EEV.
Ok. SEF is now at a great price, and will double in value in the next 60 days.
SEF is an ETF to short the US financial system. This is the same system that used illegal and fraudulent loan practices to eliminate the Black and Latino middle class. These same institutions will never be investigated nor will their CEO's be prosecuted.
EEV will reach $500 in the same amount of time, which is an exponential increase.
EEV is an ETF to invest in the falling value of the emerging markets. Emerging markets used to be called Third World countries, but now that it is realized these "Third" World, inferior countries, are going to be buying Western products, their name has been changed. The collapse of the Euro and it's countries will make these markets plummet in value as well.
Yes, I am invested in crashing the US, Chinese, and Indian markets.
The profits I will take to invest in VED, (India) EWW, (Mexico) and TUR (Turkey) in February 2012. Then I will sell all three in 4-5 months and triple my profits.
I should walk out with a minimum of $10,000 by June 2012.
I am asking you to do the same. After this week, your chance to invest in these Inverse Etf's will be limited in profit.
I am posting charts of the Dow Jones Industrials on my Facebook, so please, look at the charts and see for yourself. I do not see the Dow Jones going above 11,300, but only falling to at least 9,000 by the end of October 2011.
You can wait for your forty acres and a mule.
It won't come.
You have to take it .
Like I am.
Viva La Universidad de Toluca