S&P Midas

Here's a quick update. S&P (SHOULD) find support at about 732 tomorrow. Man what a market huh! Who would have ever thought a year ago that in less than a year we would be back where we were in '97 and probably going lower.

Midas Chart

Crazy Markets...

Triangle Points
Here are some Triangle Points.. As you can see time is ripe for a rally

Andrew's Medianline
Here is a Median Line Chart. It just barely missed support coming off the August 16 th (2007) low and took off like a rocket.

Paul Levine's Midas
Here is a Midas Chart on the SPX... It touched support this AM and took off like a rocket

So what does it mean? I don't think a bottom is in yet. OBV made a lower low. The economy is terrible and getting worse. So-called "Leaders" everywhere are openly proclaiming the dawn of World Government (as if it is even up to them). Hubris... they think they can get away with anything. And apparently they can make the market jump up and down more than 10% in a day. Its amazing what stealing and printing trillions of dollars can make it possible for the PPT (Reagan's working market crime comittee) to achieve. Ceste la vive ... Trade Safe! Be Nimble... be very nimble.