Ponzi World (Over 3 Billion NOT Served)

The globalized economy is a colossal Ponzi Scheme in which the vast majority survive on the bread crumbs falling off the table. The possibility of 7 billion people achieving a consumption-oriented lifestyle is zero, so the World Bank conveniently set the poverty line at $1.25/day to legalize global slavery. As long as someone else's children are doing the suffering, it's "all good". Post-2008, this illusion was extended merely by plundering all future generations.

Tuesday, August 11, 2015

Nothing Matters, Until It Explodes. Taking Out Everyone Onboard

Aug. 10, 2015, Hussman Funds

Hindenburg Omens Don't Matter, Until They Do

Like now

NYSE Highs - Lows:

ZH: Aug. 10, 2015

Biggest short squeeze of the year

Volume rises on the down days and falls on the up days

aka. Distribution versus short-covering

NYSE up volume / total volume

Elliot Wave v.s. Skynet:

Defending the 200 day moving average at all costs...

S&P 500

Third bounce off of the 200 day moving average

Dow: 200 DMA backtest failed last week...

Russell Small Cap

MIND THE GAPS

Get out early, or get Shanghai'd.