Is The Stock Going To Crash This Week?

It certainly doesn’t look good for the bulls… that’s for sure!

While the bulls aren’t officially dead, they need to make a stand this week or else they will lose the 1294 (spx) major support level.  Once that goes, 1250 is going to act like a magnet.  At this point, the high could be in for the rest of the year?  While I’m still not sure if the 138.86 spy FP was real or not, I don’t think it’s going to be reached for several months at minimum.  The charts tell me that a long term high might have been put already.  I’m not sure yet, but we may have started Primary Wave 3 down.

(to watch on youtube: http://www.youtube.com/watch?v=0FGlp4hSHhU)

Some interesting news has come out to support this theory too.  It seems that Tim Osman (Osama Bin Laden real name), who was indeed dead in 2001 from a kidney failure, managed to use the money that the Bush-Clinton Crime Family Syndicate (the Cabal) gave to him and turned it into Trillions of dollars.  The money was used too train people to conduct terrorist acts that the Cabal wanted to happen.

Osman (Bin Laden) was a trained CIA operative himself, and trained others how to do these attacks.  This people were known as the “CIA Database”, which translated means “Al Qaeda”.  Put simply, Al Qaeda is CIA agents.  So, Tim Osman (Bin Laden) did as he was told by George Herbert Walker Bush (Daddy Bush), but also used the money given to him to run Heroin and multiplied it many times.

Upon his death the money was frozen, and couldn’t be released until 10 years later.  That brings us up to 2011, in which the Cabal managed to steal this money funnel it to Goldman Saches and JP Morgan Sunday night at 4:19 PST May 1st, 2011.  JP Morgan was about to be liqudiated if silver hit $50.00 and ounce, and they quickly used this stolen money to crash silver by establishing many new short positions in the COMEX silver futures before the open Monday.

This all happened 5 hours before Obama announced the death of Tim Osman (Osama Bin Laden).  Silver dropped $5.00 in 40 seconds and is still currently new downtrend.  This money will probably be used for QE3 at some point, but right now I think they plan on crashing the market over the next several weeks.

Then there is Dominque Strauss-Kahn, who was setup and arrested because he discovered that all the gold in Fort Knox is gone.  His source from inside the CIA has firm evidence that the gold is gone and replaced with Fake Gold Bars.  This all spells major trouble for the evil cabal (Bush-Clinton Crime Family Syndicate), they are clearly running out of money and quite desperate to save themselves before the crap hits the fan.

Since they don’t have any real gold left to bargin with, and only this freshly stolen money from the now un-frozen Bin Laden account, you have too ask yourself a question… “if you were them, would you use the money to rally the stock up higher by buying long positions, or would you buy short positions and crash the stock market?”  Which one makes them the most money?

The answer is simple… Crash the Stock Market!

That’s what I’d do if I were in their shoes, as it would all you rob the sheep again on the way down, and then rob them again when you buy it back up later at heavily discounted prices.  This tells me that the next few weeks are likely to blow through some serious technical support levels as the sheep don’t see what’s happening until it’s over.

Let’s not forget that this all happened right about the last Legatus meeting April 30th – May 1st… coincidence, or just great timing?  You know the answer to that one don’t you… yeah, I thought so.  Since the next meeting is in October, and ends on the 23rd, I’d be willing to state that the current move down will be called Major Wave 1 (down) inside Primary Wave 3, and the rally going into October 23rd will be called Major Wave 2 (up) inside of Primary Wave 3 down.

That leaves Major Wave 3 down inside of Primary Wave 3 down for the week beginning October 23rd.  That one will make this current move look like a nuclear bomb went off compared to a grenade!  I hope everyone survives the coming Great Depression Two, as it’s going to be ugly!

Looking at the short term…

The charts support a positive close on Monday, unknown on Tuesday, but selling the rest of the week is likely.  If we get a 50% retracement back up from last week, it would be another great shorting spot in my opinion.  One of the stock I’d be looking to short would be Goldman Sachs and JP Morgan… why? Because of the new trouble they are currently in from the New State Attorny’s office as well as the Justice Department and the Securities and Exchange Commission.  I believe that the cabal plan to sacrificy one or both of these two companies.

Remember the FP here of Goldman? (http://reddragonleo.com/wp-content/uploads/fp-gs-61-05-on-03-21-2011.jpg)  Then there is to other FP on them from awhile back (http://reddragonleo.com/wp-content/uploads/2010/08/gs-fake-print-13-10-on-08-09-2010-by-raised-by-wolves.png).  How about this one on JP Morgan? (http://reddragonleo.com/wp-content/uploads/2010/09/jpm-fp-31-02-on-09016-2010.jpg).  Revisiting other FP’s is probably a wise idea now, as it seems that we are certainly heading down now, and the print will likely be bouncing levels.  http://www.flickr.com/photos/reddragonleo

If this happens…

http://reddragonleo.com/wp-content/uploads/fp-usd-showing-82-50-area-on-02-02-2011.png

Then these should be hit…

http://reddragonleo.com/wp-content/uploads/2010/07/dow-fake-print-8300-01-on-july-07-2010.jpg

http://reddragonleo.com/wp-content/uploads/2010/10/fake-print-885-spx-by-Jason70-on-10-01-2010.png

http://reddragonleo.com/wp-content/uploads/2010/10/gold-fp-of-939-on-10-14-2010.jpg

So, for everyone that is already short, this it what I believe you have too look forward to.  These levels could be the end of Major Wave 1 down, and allow Major Wave 2 up to lead us into the week of October the 23rd.  I don’t know how high the bounce will be, but it doesn’t matter as we know when it ends.  If gold really does hit 939, it will be a huge buying opportunity, as the next run up should be the one that takes us to the 2500-3000 area that Lindsey Williams speaks of.  We might not hit that level until after the next crash bottoms (the one scheduled to start October 23rd, 2011), but when it does, I’ll be a buyer.

Back to this coming week…

The best I can see is a 50% retracement early on, like on Monday or Tuesday… then a lot more selling.  The 60 minute chart needs to rally up and get overbought, and I suspect that will happen Monday, but could carry into Tuesday morning.  After that, it bull season again, and the bears have the rifles.

Good luck everyone…

Red

The Bin Laden Psyop

http://seeker401.wordpress.com/2011/06/04/tom-heneghan-the-bin-laden-psyop-parts-1-2-the-strauss-kahn-honeytrap/ or http://www.myspace.com/tom_heneghan_intel/blog/542882169

Russia Says IMF Chief Jailed For Discovering All US Gold Is Gone

http://www.eutimes.net/2011/05/russia-says-imf-chief-jailed-for-discovering-all-us-gold-is-gone/

Prosecutors ‘ask Goldman Sachs to explain behaviour’

http://www.bbc.co.uk/news/business-13637004

Read more at Red Dragon leo