BBB (bored beyond belief) earlier today,
So~decided to fly to S.F.
Just got in for a long & debaucherous 3 day weekend of utter f*ckery among the beautiful people.
{Gay Pride Weekend in S.F. 6/22-6/24}
In case of emergency; text/sms my 'lifestyle slaves'~~he & she are "on call" @yahoo messenger username 'researcher247'
I'll be back to trading (intraday) on Tuesday. Will check my swingtrades and forex on Sunday @6pm est.
I also wanted to reply in more depth to 'dv4632'~had alot of time on the flight and since I couldn't chase tail midflight (it wasn't going to happen); my mind was on the markets, naturally!
Still looking for 1250's this week w/1207.50 basis S&P500 Cash into July.
Euro longs going well and looking for continued 'stair-step' UP (just had a cycle low on my daily timeframe on 6/22/12; we should see higher eurofx prices until the end of the month (minimum).
My gold positions just signaled a cyclical daily low on 6 22 12 as well. Some people think gold needs to flush out weak hands down to 1400 before advancing to 2K+ & beyond.
My theorem is simple; 2012 is the last leg of the bull market from 2009 advance. Recessions run every 4-6 years. 2013 will be all kinds of carnage and f*cked up beyond all recognition {FUBAR}.
U.S. Indices will plummet in 2013 and drift sideways lower until 2017.
The U.S. Dollar will SPIKE into 2013 and then drift lower/sideways until the black messiah leaves office.
I expect gold to be a long-term bull market until at LEAST 2020.
No riots in the U.S. for the upcoming mini-depression~~we bottle up our misery and keep it (literally) in {our} house{s}.
Finally, real estate is shit (majority of U.S.). I expect another 25% decline in the next 5 years.
I live 3 months per year in HKG and split my time among San Diego/Miami & 'summers' on the lake in the midwest.
Not really worried; but I have empathy for the regular joes out there that are going to get ass-raped by insurance companies defaulting (possibly) on some guarantees and the U.S. government basically gang-raping wealthy and working-class citizens with higher taxes and then devaluing our currency and yea, believe this--going negative on bonds & stuff.
Utter bullshit. But hey! There is still pussy in the world and all cycles begin anew. Cleansing is a necessary evil.
Get ready for it.
peace & blessings!
Cardinal Hedvig Von DIKKeman XII
http://www.nighttours.com/sanfrancisco/gayguide/san_francisco_pride.html