Why Let Treasonous Thieves Take All The Money?

By: Joseph Russo | Sat, Jul 28, 2012
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The non-productive elite Wall Street thieves continue raping the system, and little by little, they have hollowed out Main Street, and are threatening to usurp totally, the very sovereignty of the United States.

On empty words and sophist rumor from thieving central Bankhead's and their parrots on both sides of the Atlantic, equity markets have exploded to the upside while Main Street continues to look on and languish in the sheer horror and madness of such imposed reality.

These omnipotent statist crooks are not going away, nor are they going to raise their hands and give up anytime soon. As such, while we continue to fight toward ridding this cancerous scum from the system, why stand by idly as they continue to steal what remains considered real treasure.

Instead, we believe it is our duty to help true patriots to game "their" system, and put some of "their" money into our accounts in order to deploy it against them in our never-ending struggle for truth, justice, and the American way.

That's right, the Good Guys can Game the Market too:

We shared our short positions in the S&P with you last week, which on Thursday of this week, delivered $737 dollars, as we took profits on those shorts and reversed long. Though we did not quite reach last week's $1000 dollar per contract take on closed trades, $1,700 in open profits on new longs (plus $737 booked on shorts), have us in mighty-fine shape per Friday's close.

We said it last week and it is worth repeating:

"No matter how ugly the fundamentals, no matter how corrupt the system as a whole, and no matter how bad the technical situation gets on occasion, embedded bulls will simply not go down until the last man falls (and most all are still standing - on OUR DIME)."

Don't just get mad, you can fight this corrupted power, and WIN:

As illustrated below in our mark-to-market performance table, over the past five months, in the S&P pit, we have been robbing from these crooks as gracefully as they have been robbing from our republic for decades.

The chart above illustrates our five-year equity curve reaching fresh new highs

Despite the epic bully-fail and continued embarrassment statist elites face in the wake of their crimes, Wall Street Crooks in concert with their democratic and republican ilk in Washington continue to thumb their noses at Main Street and kick sand in the faces of the masses that bailed their sorry asses out of a financial black hole, which they created.

So, are you going to just sit there and watch these scumbags repeatedly rape and pillage our republic, or are you going to do something about it. Don't cry to me that the system is rigged, it's been rigged since you were born, and it's likely going to stay that way till you die.

So what about what we shared in - "the more we learn, the more we don't know?" Yeah, so what about it, nothing there provides reason to be scared into hiding, it provides even more reason to stand up and fight.

It is time to man-up America.





Joseph Russo

Author: Joseph Russo

Joseph Russo
Chief Editor and Technical Analyst
Elliott Wave Technology

Joseph Russo

Since the dot.com bubble, 911, and the 2002 market crash, Elliott Wave Technology's mission remains the delivery of valuable solutions-based services that empower clients to execute successful trading and investment decisions in all market environments.

Joe Russo is an entrepreneurial publisher and market analyst providing digital online media solutions designed to assist traders and investors in prudently and profitably navigating their exposure to the financial markets.

Since the official launch of his Elliott Wave Technology website in 2005, he has established an outstanding record of accomplishment, including but not limited to, ...

  • In 2005, he elicited a major long-term wealth producing nugget of guidance in suggesting strongly that members give serious consideration to apportioning 10%-20% of their net worth toward the physical acquisition of Gold (@ $400.) and Silver (@ $6.00).

  • In 2006, the (MTA) Market Technicians Association featured his article "Scaling Perceptions amid the Global Equity Boom" in their industry newsletter, "Technically Speaking."

  • On May 6 of 2007, five months prior to the market top in 2007, though still bullish at that time, he publicly warned long-term investors not to be fooled again, in "Bullish Like There's No Tomorrow."

  • On March 10 of 2008, with another 48% of downside remaining to the bottom of the great bear market of 2008-2009, in "V-for Vendetta," using the Wilshire 5000 as proxy, he publicly laid out the case for the depth and amplitude of the unfolding bear market, which marked terminal to a rather nice long-run in equity values.

  • Working extensively with EasyLanguage® programmer George Pruitt in 2010 and 2011, the author of "Building Winning Trading Systems with TradeStation," he assisted in the development of several proprietary trading systems.

  • On February 11, 2011, he publicly made available his call for a key bottom in the long bond at 117 '3/32. Within a year and half from his call, the long bond rallied in excess of 30% to new all time highs in July of 2012.

  • For the benefit of members and his general readership, he responded to widespread levels of economic and financial uncertainty in the development of Prudent Measures in 2012.

  • He publicly warned of a major top in Apple on October 26, 2012 in the very early stages of a 40% decline from its all time high.

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