Comments on: Game Plan – 3/30/09 http://www.trivisonno.com/game-plan-33009 It's the Sovereignty Stupid! Sun, 29 Jan 2012 18:08:44 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: junglegirl http://www.trivisonno.com/game-plan-33009/comment-page-1#comment-33740 junglegirl Mon, 30 Mar 2009 06:38:43 +0000 http://www.trivisonno.com/?p=3048#comment-33740 Asia is getting hammered; Nikkei is down over 4.5% and looking like a slippery ski slope. The futures continue to fall. Did anyone else notice a new wave gaining momentum this weekend? No, not another EW count, rather a wave of reason. The videos and blogs out over the weekend seemed to me to show a change in tide: the voices against bailoutmania and calling instead for decreased debt are becoming louder and louder. Furthermore, they appear to be resonating with taxpayers. Asia is getting hammered; Nikkei is down over 4.5% and looking like a slippery ski slope. The futures continue to fall.

Did anyone else notice a new wave gaining momentum this weekend? No, not another EW count, rather a wave of reason. The videos and blogs out over the weekend seemed to me to show a change in tide: the voices against bailoutmania and calling instead for decreased debt are becoming louder and louder. Furthermore, they appear to be resonating with taxpayers.

]]> By: Charlie http://www.trivisonno.com/game-plan-33009/comment-page-1#comment-33739 Charlie Mon, 30 Mar 2009 05:47:50 +0000 http://www.trivisonno.com/?p=3048#comment-33739 What we are seeing here in my opinion here is a battle for power between big business corporate world and the US government. It is one of the scariest things I've ever seen. Just think about it.. over the years, with their power lobby's, big business and the wallstreet elite have slowly gained influence within the government to drive home deregulation so that they can run rampant. They royally screwed up and what they have is the treasury doing everything they can to pump money into these dead companies while big bonuses continue to be paid. The Fed is acting like a shadow government where it doles out taxpayer money to whomever they wish with no regulation. The Fed is in the process to grab even more power based on Timmy's testimony last week. Based on some of the actions taken so far, it seems that many of these actions are unconstitutional at best and criminal at worst. Who gave the wallstreet the right to spend taxpayer money? Who determines that a company is too big to fail? Well.. what does the government do? They begin exacting rules on whomever takes money to regain control. They force the likes of CEOs (GM) to step down and tax bonuses. In an effort to regain the control that they lost, Congress is trying to play a bit of hardball here. Well.. who wins in the end. taking government money seems to be getting unpopular and so some companies are trying to give some back. I guess the point is that both sides seem to be at war with each other. At times like these, they should be working together to improve the situation.. not attempting a power grab. It's just so sad to watch and it spells the doom of the United States. So much inner fighting going on that they won't hear it when the fat woman sings. Sad Sad Sad... :cry: What we are seeing here in my opinion here is a battle for power between big business corporate world and the US government. It is one of the scariest things I’ve ever seen. Just think about it.. over the years, with their power lobby’s, big business and the wallstreet elite have slowly gained influence within the government to drive home deregulation so that they can run rampant. They royally screwed up and what they have is the treasury doing everything they can to pump money into these dead companies while big bonuses continue to be paid. The Fed is acting like a shadow government where it doles out taxpayer money to whomever they wish with no regulation. The Fed is in the process to grab even more power based on Timmy’s testimony last week. Based on some of the actions taken so far, it seems that many of these actions are unconstitutional at best and criminal at worst. Who gave the wallstreet the right to spend taxpayer money? Who determines that a company is too big to fail?

Well.. what does the government do? They begin exacting rules on whomever takes money to regain control. They force the likes of CEOs (GM) to step down and tax bonuses. In an effort to regain the control that they lost, Congress is trying to play a bit of hardball here. Well.. who wins in the end. taking government money seems to be getting unpopular and so some companies are trying to give some back.

I guess the point is that both sides seem to be at war with each other. At times like these, they should be working together to improve the situation.. not attempting a power grab. It’s just so sad to watch and it spells the doom of the United States. So much inner fighting going on that they won’t hear it when the fat woman sings. Sad Sad Sad… :cry:

]]> By: towelie http://www.trivisonno.com/game-plan-33009/comment-page-1#comment-33738 towelie Mon, 30 Mar 2009 04:28:37 +0000 http://www.trivisonno.com/?p=3048#comment-33738 Unless the futures recover a bit, SPY is going to open with a gap down below it's rising wedge from the past few days. Volume didn't exactly drop while the wedge was being formed so it may not be valid. Either way, there is a lot of negative divergences right now. Watch out for announcements from the G20 meeting and GM & Chrysler... Unless the futures recover a bit, SPY is going to open with a gap down below it’s rising wedge from the past few days. Volume didn’t exactly drop while the wedge was being formed so it may not be valid. Either way, there is a lot of negative divergences right now.

Watch out for announcements from the G20 meeting and GM & Chrysler…

]]> By: K http://www.trivisonno.com/game-plan-33009/comment-page-1#comment-33737 K Mon, 30 Mar 2009 03:40:58 +0000 http://www.trivisonno.com/?p=3048#comment-33737 remember when we suspected something was wrong with Citi reporting good earnings? Exclusive: AIG Was Responsible For The Banks' January & February Profitability http://zerohedge.blogspot.com/2009/03/exclusive-aig-was-responsible-for-banks.html remember when we suspected something was wrong with Citi reporting good earnings?

Exclusive: AIG Was Responsible For The Banks’ January & February Profitability
http://zerohedge.blogspot.com/2009/03/exclusive-aig-was-responsible-for-banks.html

]]> By: K http://www.trivisonno.com/game-plan-33009/comment-page-1#comment-33735 K Sun, 29 Mar 2009 21:38:36 +0000 http://www.trivisonno.com/?p=3048#comment-33735 Breaking news: !!!The world is screwed!! just kidding but here is the breaking news A person with knowledge of General Motors' plans says Rick Wagoner will step down immediately as chairman and chief executive of the struggling Detroit automaker. Breaking news: !!!The world is screwed!!
just kidding but here is the breaking news

A person with knowledge of General Motors’ plans says Rick Wagoner will step down immediately as chairman and chief executive of the struggling Detroit automaker.

]]> By: K http://www.trivisonno.com/game-plan-33009/comment-page-1#comment-33734 K Sun, 29 Mar 2009 21:11:04 +0000 http://www.trivisonno.com/?p=3048#comment-33734 it is funny how you quoted Steve Nison while I am watching one of his seminars on candlestick charting. my resistance point agrees with yours and I am looking at 875 for adding shorts if it goes there. 852 another resistance just like you mentioned. looks like we are on the same page. are you short much Matt or cash? am heavily short financials and some SDS it is funny how you quoted Steve Nison while I am watching one of his seminars on candlestick charting.

my resistance point agrees with yours and I am looking at 875 for adding shorts if it goes there.

852 another resistance just like you mentioned.

looks like we are on the same page. are you short much Matt or cash? am heavily short financials and some SDS

]]>