Friday, October 25, 2013

MARTIN ARMSTRONG'S LATEST BLOG POSTS

California – Impeach Feinstein or Please Secede From USA & Take Her With You

Feinstein Dianne
Either California gets rid of the insane Diane Feinstein who is about as American as Adolf Hitler who also introduced laws against the freedom of speech or PLEASE secede from the USA and take this crazy nut-job with you. Not only is Diane Fienstein perhaps the strongest supporter of the NSA and the destruction of the entire constitution, but she is an outright liar or so misinformed she does not deserve to hold any office whatsoever. She published an op-ed in the Wall Street Journal, claiming that the 9/11 attacks could have been prevented had the NSA surveillance programs been alive beforehand. “We would have detected the impending attack that killed 3,000 Americans.”
MCC_New_York
Let me make this ABSOLUTELY clear. She is an outright liar for there is no way she is unaware of the truth. The first World Trade Center attackers were in MCC (Metropolitan Correctional Center) where correction officer Mr. Kumb gave them colored markers for recreation in their cell. They drew the World Trade Center on the wall one year before showing planes going into them. So let us knock off the bullshit. They created Homeland Security because NUMEROUS agencies had the info and it was claimed that they did not pass it along. The NSA program would not have prevented a damn thing any more that it prevented the Boston Bombings when they used local cell phones they were grabbing. When you grab everything, you do not have the time to pick up everything. They are storing this stuff for everything other than terrorism.
NSA Defended ny Feinstein
This outright liar to the American people that California has plagued the rest of us with is introducing a bill that will make it a CRIME to even criticize the NSA. She has the audacity to play with words and claims the NSA is not even engaging in “surveillance”.
Feinstein is insane – and obviously has no respect for the constitution or the Freedom of Speech. She will imprison anyone who disagrees with her and her precious NSA. This is what is becoming of the Land of the Free and Home of the Brave.
Niemoller-Quote
California – Enough is enough. Impeach Feinstein or please secede and take her with you. She is an embarrassment to everything the USA once stood for and has no sense of history whatsoever, As a Jew, she above all should be on guard against what history reminds us of.

Clarification Euro

“The Monthly Bullish Reversal stands at 14700. Technical resistance for a possible January high stands at 145-147 followed by 156 and 178.”
The Reversal is our system target for the maximum high.
The “Technical” resistance is simply level within the market where they exist. This is not a forecast. It is a MAP. In other words, you should NEVER enter a market without knowing where you are wrong. That is simply good trading. The technical analysis point to the 145-147 level with a gap thereafter up to 156 and 178. The likelihood of seeing those levels is not very high. Just as we have given the overhead resistance in gold at $2400. There is a difference between providing a technical MAP of support and resistance so you know what to expect IF such a level is breached. That by no means amounts to a forecast. It is purely a road-map to ascertain risk.
GC60-72M
You always move to extremes before the move precisely as did gold in 1970 falling BELOW the Bretton Woods fixed rate of $35. The extreme is reached in both directions and that is typically the signal for the reversal in trend. Hence, the Euro could move to the extreme point of 147, convince everyone the US is the problem, then reverse in the opposite direction. It is ALWAYS important to map out a market showing where the major gaps are between resistance and support. That is by no means a forecast.

Euro Update

IBEUUS-M 10252013
The Euro has been churning back and forth between the US Chaos and the European mess. The Monthly Bullish Reversal stands at 14700. Technical resistance for a possible January high stands at 145-147 followed by 156 and 178. A year-end closing ABOVE 13490 will signal that we should see a high in January 2014.
IBEUUS-M FOR 10252013
The major system resistance will remain at the 152 level going into 2014. The low for the Euro remains due in 2018 or 2020. We can see that January is lining up with the next US debt ceiling crisis.
IBEUUS-W FOR 10252013

Dow Update

DJFOR-M 10252013
The US Share Market has a turning point in November so we could get a temporary high with a retest of support followed by a breakout to new highs thereafter again. The Jan/Feb period is showing already and the debt ceiling issue will come up once again. Our computer is starting to show a bit more chaos in many markets forming for the first quarter of 2014.
DJIND-M 10252013
We are still within the uptrend channels and this shows resistance at 16950 level with support at the 13748 area, A closing above 13700 for year-end will leave this index in a positive position for next year.
Today, a closing 15438 will keep the index positive but some resistance stands at 15679. A weekly closing above that should signal new highs into as late as the 2nd week of November.
Capital will have no choice but to flee to equities. The minimum target objectives remain 17000 and 21000 by 2015.

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