The entire scheme and motivation of economic crisis during the Obama admin will be ultimately judged by God since only He knows all details of programs and hidden influences unfolding the money, power, economics crisis in the world.
As believers, only God knows the entire details of good, bad, and ugly motivations and hidden plots behind the scene reported by news media -- and from a believer's perspective, whether you believe it or not. In other words, God says, don't plot ill against your neighbor or leaders. Such as how do you know whether Obama will be only one term President. Don't plot economic disaster until 2012 to make Obama looking bad. God knows all of our motivations and secrets of our hearts; and He will judge us according to our deeds.
Friday, February 13, 2009
G7 - Indeed, the very hairs of your head are all numbered.
I believe that the entire financial crisis is unfolding and playing out what the big idea by the Illuminati has planned, even though many think that financial crisis is out-of-control. When we have losers, we have winners, vice versa. Through the recent financial crisis, a few who control the world finance made enormous money.
Only God knows all the facts and will judge us all, and don't ever think that you can steal or lie, and will not be responsible for unethical or immoral deeds. God is not senile. He remembers the number of our hairs and stars in universe. Luke 12:7 Indeed, the very hairs of your head are all numbered.
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G7 Powers Head to Rome as Crisis Rages
| 13 Feb 2009 | 07:15 AM ET
G7 finance ministers headed to Rome to discuss the global economic crisis on Friday with a warning from Germany that the world could be plunged back into the dark days of the 1930s if governments resorted to protectionism.
The G7 industrialized economic powers, all in recession, are under pressure to prove they can work together to stop the rot rather than engaging in a battle of "beggar-thy-neighbor," and Berlin made it clear the latter was an increasingly real risk.
Only God knows all the facts and will judge us all, and don't ever think that you can steal or lie, and will not be responsible for unethical or immoral deeds. God is not senile. He remembers the number of our hairs and stars in universe. Luke 12:7 Indeed, the very hairs of your head are all numbered.
____________________________________________________________
G7 Powers Head to Rome as Crisis Rages
| 13 Feb 2009 | 07:15 AM ET
G7 finance ministers headed to Rome to discuss the global economic crisis on Friday with a warning from Germany that the world could be plunged back into the dark days of the 1930s if governments resorted to protectionism.
The G7 industrialized economic powers, all in recession, are under pressure to prove they can work together to stop the rot rather than engaging in a battle of "beggar-thy-neighbor," and Berlin made it clear the latter was an increasingly real risk.
Thursday, February 12, 2009
Market Analysis
Major market intradays are showing positive divergences and we have seen a sharp intraday reversal going into close. As we can see on 60min charts, the market momentum is about to turn positive. This market condition is exactly what I referred to on 2/9/2009 market comments that we need to see an intraday market correction, and ideally, markets are oversold and ready for a continued trend up. However, the sell-off which we have seen on 2/10/2009 after the Geithner speech was unexpectedly sharp taking the markets all the way down to the pivotal supports. Ideally, markets have performed as expected in whole even though we have seen wild swings to work off intraday overbought market condition. And now, markets have bounced up from key supports and as commented earlier posts which shown below, while SPX closed above SPX 800, DOW has not closed above 8000. However, DOW has only 30 components, so, we still have hope for markets resuming the recent vst trending up.
SPX 60min EW chart is updated with the break of lower TL support today; however, the EW formation is still intact as an alternative count. If I think that the wave formation is probable, I would not choose it; hence, I think that we have a good probability that we could see SPX 900. Market forecast based on EW are not trading signals as the formation has alternatives.
Daily indicators are now down because of the sharp sell-off on 2/10/2009; however, weekly indicators are positive; therefore, if we see a continued up momentum making new high off of intraday charts which are now oversold and bouncing up, we could see a completion of SPX trading to 900. Of course, the long term bearish wave 5 of supercycle A-B-C correction from March 2000 to Oct 2007 is a typical wave forecast; however, remember that EW waves are not a precise market trading signals. Having said that, since markets have consolidated for almost three month, we could see a move to expand the trading range; and, I am still anticipating to trade up, not to downside, of course, until proven otherwise which is not difficult. If SPX breaks below 800 and if DOW does not recover 8000 during the next couple of days, markets will revisit the Nov2008 lows. The scenario is bearish, and we could see markets continue to lower. However, I don't think that markets will be further demolished. Nevertheless, we are entering to a shortened OE week, and the week could be tricky as usual. I hope that we will see healthy economic stimulus plans as I think that nationalization of banking industry could be a good strategy. Good luck
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After open, markets went into doom and gloom and just when it seems that markets are falling into deep holes, the dark cloud is pushed away, and markets bounced from the supports finishing the day moderately neutral to positive -- a sigh of relief for now.
When the dark doom cloud is going to be away and to stay away is the big question, but I see a ray of hope as markets closed above SPX 800 and Nasdaq 1500, but sadly DOW closing at 7932 refusing to show a sign of hope closing below intensely watched DOW 8000 support -- technically, DOW is a rotten child among SPX, DOW, and Nasdaq. DOW is performing worse than SPX at the moment.
We have intraday ranges around 3%.
$COMPX 1541.71 11.21 0.73% 3.06%
$INDU 7932.76 -6.77 -0.09% 3.09%
$INX 835.19 1.45 0.17% 3.28%
SPX 60min EW chart is updated with the break of lower TL support today; however, the EW formation is still intact as an alternative count. If I think that the wave formation is probable, I would not choose it; hence, I think that we have a good probability that we could see SPX 900. Market forecast based on EW are not trading signals as the formation has alternatives.
Daily indicators are now down because of the sharp sell-off on 2/10/2009; however, weekly indicators are positive; therefore, if we see a continued up momentum making new high off of intraday charts which are now oversold and bouncing up, we could see a completion of SPX trading to 900. Of course, the long term bearish wave 5 of supercycle A-B-C correction from March 2000 to Oct 2007 is a typical wave forecast; however, remember that EW waves are not a precise market trading signals. Having said that, since markets have consolidated for almost three month, we could see a move to expand the trading range; and, I am still anticipating to trade up, not to downside, of course, until proven otherwise which is not difficult. If SPX breaks below 800 and if DOW does not recover 8000 during the next couple of days, markets will revisit the Nov2008 lows. The scenario is bearish, and we could see markets continue to lower. However, I don't think that markets will be further demolished. Nevertheless, we are entering to a shortened OE week, and the week could be tricky as usual. I hope that we will see healthy economic stimulus plans as I think that nationalization of banking industry could be a good strategy. Good luck
_____________________________________________________________________________________________________
After open, markets went into doom and gloom and just when it seems that markets are falling into deep holes, the dark cloud is pushed away, and markets bounced from the supports finishing the day moderately neutral to positive -- a sigh of relief for now.
When the dark doom cloud is going to be away and to stay away is the big question, but I see a ray of hope as markets closed above SPX 800 and Nasdaq 1500, but sadly DOW closing at 7932 refusing to show a sign of hope closing below intensely watched DOW 8000 support -- technically, DOW is a rotten child among SPX, DOW, and Nasdaq. DOW is performing worse than SPX at the moment.
We have intraday ranges around 3%.
$COMPX 1541.71 11.21 0.73% 3.06%
$INDU 7932.76 -6.77 -0.09% 3.09%
$INX 835.19 1.45 0.17% 3.28%
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