Saturday, October 25, 2008

Halloween day treats.

The stock market might be enough to scare some as the Halloween season approaches.
The witching season is upon us, and things are getting pretty creepy.
What will the balded pumpkin Bernanke give as treats on the 31st? A big interest rates cut and followed by a big bang!!He's putting on the Joker costume as the card is in his hand.He'll yell Gin to complete the game of ginnami.
Tracking the Dow on Friday,24/10/08.(6 more MISERABLE DAYS TO HALLOWEEN)
9:30am:--200 points bearish gap-down.
Wall Street joined stock markets around the world in a huge selloff Friday
10:30am:--Bullish engulfing.
OPEC slashes production; crude still tumbles.Light, sweet crude for December delivery fell $3.69 to settle at $64.15 a barrel.
11:30am:--Shooting Stars.
Chrysler to cut 25 percent of salaried work force
12:30am:-Inverted hammer technical rebound.
UK economy officially on the brink of recession so is the US.
1:30pm:--Bearish 3 crows.
Fears are growing that the world could suffer a serious, widespread recession, and large investors -- particularly hedge funds -- are responding to the turmoil by deleveraging, or trying to pay off their debts. Deleveraging involves selling stocks and other assets, and in turn, causing them to plunge in value.
2:30pm:--Bullish harami.
3:30pm:--Bearish harami & hammer.
4:00pm:--A breakaway 4 legged frog.
It's going to dive down deep into the water.
Gone case.It's below the Bearish Pivot waiting to be poisoned to death by the halloween witch and another bloodbath for Count Dracula to suck the blood




Thursday, October 23, 2008

Scary & Halloween October.

October is a month of surprises. The stock market plunge was an early October shocker, and the month isn't half over. At month's end, all ages enjoy the unexpected tricks and treats of Halloween.
The Halloween Indicator, 'Sell in May and Go Away': Another Puzzle
About:-HALLOWEEN INDICATOR
Damm-it!!We're all being caught by the higher financial authorities who has pre-planned this FINANCIAL TSUNAMI of the century.

Tracking the Dow On Thursday 23/10/08.(*8 DAYS TO HALLOWEEN DAY)
9:30am:--Mild Gap Up.
Investors managed to put together an early morning advance, despite the fact stock futures suggested a downward start in premarket trading.
10:30am:--Spinning bottom.
Energy (+2.6%) continues to lead the major indices.
11:30am:--Bullish hammer.
Goldman Sachs (GS 107.58, -7.13) will be cutting 10% of its workforce and Dow Jones indicated that General Motors (GM 6.21, +0.02) will be making layoffs of salaried employees.
12:30am:--Hangman.
Investors remain fretful over the health of the economy and, in turn, company prospects
1:30pm:--Shooting star.
Losses have become the most severe in the financial sector (-3.1%). Every one of its industry groups is trading with a loss.
2:30pm:--Hangman.
Trading session is getting more erratic.
3:30pm:--Graveyard doji.
The Dow looked as if it were going to stage a late-session rally as it is trying to pierce through the MAV.
4:00pm:--Shooting stars & Hangman.
Caution,the long white bar that carries it up might be covered back.
Thursday's attempt to recover was weak and ended with a long lower shadow which risk being covered back again.
They are trying to prolong it till end of the month being the grizzly Bearish Halloween Blood sucking day.