iCharts Discussions

[ajayhkaul]

anand ....There is no let up in the volumes at this time , so positions have been taken for the next round of pump and dump.

We still need to see closes above 5400 NS

[ajayhkaul]

Guys ...this is a must see

http://usdebt.kleptocracy.us/


14.5 Trillion Dollars
$114,500,000,000,000. - US unfunded liabilities

To the right you can see the pillar of cold hard $100 bills that dwarfs the
WTC & Empire State Building - both at one point world's tallest buildings.
If you look carefully you can see the Statue of Liberty.

The 114.5 Trillion dollar super-skyscraper is the amount of money the U.S. Government knows it does not have to fully fund the Medicare, Medicare Prescription Drug Program, Social Security, Military and civil servant pensions. It is the money USA knows it will not have to pay all its bills.
If you live in USA this is also your personal credit card bill; you are responsible along with everyone else to pay this back. The citizens of USA created the U.S. Government to servethem, this is what the U.S. Government has done while serving The People.

The unfunded liability is calculated on current tax and funding inputs, and future demographic shifts in US Population.

Note: On the above 114.5T image the size of the base of the money pile is half a trillion, not 1T as on 15T image.
The height is double. This was done to reflect the base of Empire State and WTC more closely.

Everyone needs to see this.

Source: Federal Reserve & www.USdebtclock.org - visit it to see the debt in real time and get a better grasp of this amazing number.

[ajayhkaul]

And while you are checking out the US debt , dont miss Europe and Greece (as also the banks that lent the money to greece)

[ajayhkaul]

“Madness is badness of spirit,
when one seeks profit from all sources” - Aristotle

"Bankers own the earth. Take it away from them, but leave
them the power to create money and control credit, and
with a flick of a pen they will create enough to buy it back."
-Sir Josiah Stamp, former President, Bank of England

"Whoever controls the volume of money in any country is absolute master of all industry and commerce."
-James A. Garfield, President of the United States

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance."
-James Madison

"Democracy is when the indigent, and not the men of property, are the rulers." - Aristotle

In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.
- Ezra Pound (1885-1972) American poet, critic & intellectual.

[rk_a2003]

No need to fear about sudden collapse etc….it won’t suit the grand game plan…Yes there could be serious efforts like shaking out the weak bulls (like the 5180 visit few days’ back….).Make hay while sunshine’s!.

By saying this I am not shedding the utter bearish view of the world economy. Unfortunately no sign of the revival in that sphere( No need to bother about that for the time being; any way you will be compelled to know about that at a later stage.).

For some time market may follow technicals very obediently….how long…. no one knew. Early warnings..... MMM may strive to detect them.---Posted on 14th March by RK

While Nifty is sliding , the FEAR index VIX is going towards complacency levels.

Notice that ?

What does it imply ? Big move coming up ?

vinay28 wrote:
big move which way ajay?

Up Up and away ....heh heh ---- Posted on 20th & 21st by Ajay.

Guys! M3 is offering you all the sign posts needed for cruising with the market. Are you able to utilize; Apply them properly in your Trading / Investing?. M3 is rocking.... Don’t use it just for fun.

A big applause Ajay! for pin pointing the change of guard.

[vinay28]

One of the reasons the market is reassessing the global situation is that agreement has been reached with Israel whereby it will keep quiet on iran as of now. The reason is saudi arabia, iraq and kuwait need 6-9 months to jack up oil production to compensate for shortfall from iran. This in turn will not take oil prices up.

India too is playing a game. It has officially budgeted oil trade in rupees with iran citing reasons for a 5% discount. This will force others, particularly saudi arabia, to give us oil at 5% discount so that India is hands-off iran.

[rk_a2003]

Yes! Vinay

Even during an Interview given after the Budget.Fin.Min said that what is wrong in less provision for oil Import .Earlier we have seen Crude above 140$ and also seen nosediving to 40's later.The same can happen now also; He announced his hope.

[ajayhkaul]

thanks RK ( incidently my post was just after midnight 20/21st in reply to vinay)....... previously you alerted at 4580 bottom level with the rupee /dollar data.

Bottom pinchers , are we?

We are out of the woods only above 5400NS.

Now we gotta live up to the reputation , eh?

Happy to note that stevenmat has taken interest in the vix ...

[sairanga19]

u peoples in this post rock,all global situation and news in finger tip

[ajayhkaul]

[psalm]

[ajayhkaul]

[psalm]

This was not a totally unexpected selling....i was skeptical of this move yesterday itself......but the magnitude of the selling is surprising....especially after the move yesterday...130 points.... ....saw the VIX??....UP by 15%....

[psalm]

[ajayhkaul]

So what has spooked( Vix-ed) the markets ?

Meanwhile :
".....The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian oil, but left Iran's top customers China and India exposed to the possibility of such steps.

The decision means banks in these countries have been given a six-month reprieve from the threat of being cut off from the U.S. financial system under new sanctions designed to pressure Iran over its nuclear program.

The list did not include China and India, Iran's top two crude oil importers, nor U.S. allies South Korea and Turkey, which are among the top-10 consumers of Iranian oil.

Japan, China and India combined buy close to half of Iran's crude exports of 2.6 million barrels a day, providing crucial foreign exchange for the OPEC member.

Under the 2012 National Defense Authorization Act, Obama can impose financial sanctions on foreign banks that carry out financial transactions with Iran's central bank "for the purchase of petroleum or petroleum products from Iran" if several conditions are met.

The penalties include effectively cutting off a foreign bank from the U.S. financial system.

The law allows Obama not to apply sanctions if he determines a country with primary jurisdiction over a bank has "significantly reduced" its volume of crude oil purchases...." from Reuters



I am not linking the VIX technical with this fundamental , but what happens to energy needs of India?

"...India's government says it is not under any obligation to observe U.S. sanctions, but privately has asked its refineries to cut Iran imports by at least 15 percent, industry sources have said..."