deadbroke, I think it is very clear by now (specially after closing yesterday) that somebody (US government perhaps) is not letting the market going down the way it should. Is being kept on green, for sure artifcially, but that is the way it is and there is nothing we can do.
In any case I don't see any logic in the chart analysis you do, there are only random lines going down which may or may not happen. But there is no substance behind your predictions.
Let's assume you are right in your predictions. Even then, the big crash is not going to happen, at least until November 2012. The amount of liquidity (money printed by CBs is infinite) and the volume in the exchanges is tiny, at decades low. So it takes very little effort by the banks to keep the markets up. They are now joint by the hip with the governments, so consider these two entities only one.
If this trade really exists and is not on paper, I advise you to close it as soon as possible, there is no need to show us something is not going to happen. I hope one day you can prove I am wrong, believe me I will be the first to comeback here to congratulate you. But in the meantime let's stop this thread which is going nowhere.
Good luck.
deadbroke:
Bulletin boards are a magnificent place for only one reason - to place a thermometer up the HERD's rectum and thereby glean clues as to Tops/Bottoms.
One knows that whatever comes out the rectum is unadulterated, sublime efluvium; nevertheless one can discern clues from such rancid behaviour.
especially love this comment, "somebody (US government perhaps) is not letting the market going down the way it should. Is being kept on green, for sure artifcially, but that is the way it is and there is nothing we can do"