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http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID1842373&cmd=show[s106805284]&disp=P
I agree that the time period is short. That bothered me also. For your thoughts of this being a C, are you assuming the A ran from the 2000 top to the late 2002 bottom?
No not mamothology but pole shifts was the topic. My basic knowledge is that they were hunted by our ancestors or those like them, in other words not much. I will save it though. To study science in dept you have to have at some basic concept of what it is your studying to understand or scrutinize any information given or least basic understanding and comparable concepts to what you already know. ie structural changes and what circumstances would cause them to change to that degree and in what time frame. It would be easier to negate scientific facts that say the contrary although science is not always exact cumulatively has more significance to truth than a hypothesis without. Without the understanding of scientific facts how can you tell if what they are saying is true or not. Then when it comes to space science, it is also possible they could withhold information from the masses esp. if it suggests a possible doomsday scenario. Like charts verses theory based on prejudice or paid newscasters wanting you to buy something. If I get books on the subject it will not be from those trying to make money off the little knowledge they obtained from the actual scientists, then there’s the library too lol
No falling wedge drawn on chart.
aurum
Regardless of what should be done (AIG) - we have to think about what can be done. AIG is the insurer for most of these derivatives - if they go down the insurance is gone. Then the US Government picks up the insurance. First we don’t want the government in that business - second it is cheaper to bail them out than to pick up the insurance.
Some time I will expand on why I blame the US Government as much as corporate greed for this mess. The short answer is in “regulated” markets people think of less risk when in fact there may be more.
Ayn Rand ideas.
aurum
You could be right of course. But the steepness, the harshness of the drop down seems like it has to be a C. And a major C. And I think regardless of the strange shape - done. Of course that is why I am under water now - as I thought it done before (as I did with GDX).
What becomes important to my mind is that we are correcting back to 1987 or 1982 or earlier.
And that all means a rally ahead that will be (maybe in inflation dollars only) but dramatic.
I think Prechter has your count also - if a flat then only a retest later of these lows. But if another pattern we will be back in the Stone Ages.
aurum
First notice day for delivery on the Dec. contract is 11/28 and the last notice day is 12/30.
Plenty ‘o noise to come ….
That whole situation makes me want to puke. It is fundamentally wrong. The government should not be seizing people’s property without that person being convicted of a crime. This should obvious to anyone. The way things stand it gives the government, local or not, tremendous incentive to go after people with valuable property or to trump up charges. These seizure laws are already being abused. What kind of country do we live in?
North… I’m dreaming of the BIG TURN. Let’s hope this is it. “this is it” That sounds familiar. 
Well Said! You summarize the whole mess in which we find the world in several sentences.
God says in Haggai 2:8 : “The gold is Mine and the silver is Mine”
I don’t think any human better mess with either one.
I can take a joke………of course you could still have a few cans under the bed and are not telling.
When I was in Moab Utah last fall biking, there was a shop on the main drag that sold dinosaur fossils and other mining trinkets. As I was leaving, the old guy was weighing little chunks of rock about the size of peaches and waving the gieger counter over them. I asked how much and why would anyone buy a chunk of uranium ore. He said $25-$30.00 and said that people put them under their beds, apparently it helps what’s going on up above.
So, if you have any physical, keep the lid on the can, or things might get hazardous.
Winedoc likes Uranium
taking a slightly different angle by looking at the Dow monthly.
http://stockcharts.com/h-sc/ui?s=$INDU&p=M&st=1980-05-16&id=p31221123128&a=106805284&listNum=1
Perhaps we have finished wave 5 of A? and have started, or about to start wave B ??
Looking at chart since 1981, the first wave (assuming it is complete) bounced off the 50% fib.
Goldie, if you are interested in this subject, I suggest an article on the site below. It gives a quite different perspective on the events that destroyed the mammoths circa 10,000 BC.
November 24, 2008 – 2:59 am 
So what is the capital cushion underneath our largest financial institutions? I spent today compiling this spreadsheet:
Those are some ugly numbers and I’ll explain why. Citigroup’s leverage ratio of 56 means that the bank has $56 of assets for every $1 of common equity. If the value of those assets falls 2%, then common stockholders are wiped out. Here’s why: Assets = Liabilities + Equity. If you understand this formula, you will understand the credit crisis. So read on…
That formula is known as “the accounting equation.” Fundamentally, it shows how an asset (like a house) or collection of assets (like a company) is financed—either with borrowed money or your own, with debt or with equity.
One side of the equation has to equal the other. If the assets fall in value, and not because cash was used to pay off a liability, then equity has to fall by an equal amount. If assets fall far enough, then equity falls below zero.
http://optionarmageddon.ml-implode.com/2008/11/24/leverage-by-the-numbers/