Quote from: altcoinUK on February 12, 2016, 01:15:46 AM

Quote from: TPTB_need_war on February 11, 2016, 09:54:15 PM

Quote from: https://www.armstrongeconomics.com/future-forecasts/the-postponement-sling-shot-move/

QUESTION: Marty, at the Conference you said we could conclude this in the first quarter if we get the alignment. It does not look like we will get the alignment since gold is up and the Dow is down. This is why you have been saying this looked like it was postponing into 2017?

ANSWER: Yes. We could have concluded this here in 2016, but the Reversals determine the trend. Trend is ALWAYS defined by the Bullish and the Bearish Reversals. Those who expect forecasts to be one-sided opinions are not traders and will typically lose their shirt as 90% of people who try to trade do. A real trader MUST know where he is right and where he is wrong at all times since the market is the only thing that is ever infallible. Those who expect one-sided forecasts never survive. Those who do not grasp why we have Bullish and Bearish Reversals defining the trend claiming that is why we are always right are blind fools. You cannot elect both the Bearish and the Bullish on the same day. These type of people will be separated from their money real fast in the coming Sling-Shot because they are incapable of understanding how markets even move. This is a learning experience and when there is nothing left to learn, it is time to die. So those who are incapable of learning, well I suppose they are just a waste of humanity that drive the rest of us in awe watching their stupidity repeat over and over again.

True, 2016 would be the 5 years down from the 2011 high in gold. But because of the spit with 2012 being the highest annual closing, this has left the door open to the conclusion being pushed off into 2017. If we got the final low for gold in the first quarter then a low in the Dow as well would be the alignment that confidence in government would collapse now. But when the Dow closed year-end lower and gold closed above our number, then this is why I stated gold is not as weak as it appeared. It then began electing the Bullish Reversals, not the Bearish, and that gave us the indication we would get a rally BETWEEN the Benchmarks at a very minimum. This was only reinforced by the closing in the Euro where we warned the Euro should rise to 113 at minimum and 116 optimal. The decline in the dollar should have helped gold, but it will also intensify the deflation in Europe and help to push their banking system over the cliff as is happening right now.

The talk around the street is claiming the moves are a lack of confidence in general that central banks can control the economy. Well thats nice, for they never could. But this is looking very dicey to say the least. That is why we have to just following the Reversals and the Timing. We have heard every excuse to explain the trend from the stock market is now following oil to gold has rallied because the Fed will not raise rates. Honestly, this all sounds like gibberish.

The markets are preparing for a sling-shot move that will make most peoples nose bleed. Gold has reached so far the 1263 level so there is still room on the upside yet before encountering resistance. The two key numbers to watch now are the 1309 and 1363 levels. Pay attention to the Dow. If we can closing below 15875 we have a shot of finally breaking last years low.

Also pay attention to silver. It has not kept pace with gold showing the bulk of the gold move has been short-covering. Here we need a closing for the week above 1643 to be comparable with gold just above the 1209 number. We also have a Weekly Bullish at 1544. Silver is begrudgingly following which does not speak well for the long-term sustainability here.

So in the end, we will set the stage for all this craziness moving to extremes. Then ask yourself this question? Are you willing to hand your money to government and ask it hold it for you? If we are concerned about banks, and we are concerned about government, then there is not much life but to move to the private sector. So when rates go negative, a 1% yield in a blue-chip stock looks like haven. That is the shift on the horizon from public to private. We have to get the weak-minded running into the arms of government before the markets will slaughter them for their stupidity.

I think he means with the notion of "If we can closing below 15,875 we have a shot of finally breaking last years low" that if we close below by end of the week. Usually he means the closing at the end of week. So it doesn't matter in that context that today we closed at 15,660. I am just pointing this out before people run and start to short DJIA. Which I am doing btw LoL 2 hours ago when it got to 15,650 I shorted DJIA with a March put. I think Down Jones should catch up with Russel 2000 which is already at May 1 2013 level. I expect Down Jones will break the 15,150 support by end of February. I am hedging this trade with shorting SPDR Gold Shares (GLD) to avoid a major screw up scenario.

What is the size of the trade altcoinuk?