Friday, January 13, 2012

Market Week in Review

S&P 500 1,289.09 +.88%*


The Weekly Wrap by

*5-Day Change


Anonymous said...

theyenguy said...

I believe that the last week of April 2011 commenced an Elliot Wave 2 Up in the $SPX at 1363, and the chart for the last week of October 2011 of $SPX at 1292 is an Elliott Wave 2 of 2 up, and the chart for the second week of January of the $SPX again at 1292 is an Elliott Wave 2 of 2 double top up, with the result that the $SPX, traded by SPY, is going to enter an Elliott Wave 3 of 3 of 3 down for the week ending January 20, 2011 when options expire. These are the most destructive of all economic waves as they for all practical purposes destroy all economic wealth built on the five waves up. This coming down wave is going to take out even the yet to be established ten toed kingdom of regional global government, at which time the Sovereign will take the upper hand and establish a world one world government, with a one world currency and provide global seigniorage.

Perhaps one might enjoy my linked article entitled The S&P Downgrade Of Nine European Nations Terminates The Age Of Liberal Finance And Commences The Age Of Sovereign Default ….. And Terminates Democracy And Commences Regional Global Governance