http://www.theburningplatform.com/?p=13514 to as many misinformed people you can find. Found via Zero Hedge.
As I, (indeed most of the regular readers of this blog) also follow my three favorite blogs http://www.zerohedge.com/ , Mish http://globaleconomicanalysis.blogspot.com/ and Karl http://market-ticker.org/ we are well aware of the details of the pillaging of America that has been going on.
But never have I see it presented so concisely. Again, email that article to everybody you know regardless if you think they will "get it" or not.
[Update 6:18PM: 30 year yield count]
The crash in 2008 occurred when it could not regain this line. It would make a fine target for Minor 5. Remember the whole premise of those who propose a P up is that the market will bust through this line and accelerate upwards. Lord help us if that happens as the bubble will be more dangerous than ever.
We shall see if the market is ready to dance again above this line.
Today went as expected. Consolidation Minute [iv] of Minor 5 is the count. Looking for a flat or triangle but it seems all the corrections so far have been zigzags. So any will do and I would expect [iv] to overlap into SPX 1319 price territory minimum.
Gap down (or up for that matter) might be what the market is setting up for and then it gets covered.