Comfort Level Reached

1:01pm EDT: We have arrived at the 38.2% fib retracement on the SPX - this is pretty much where I start getting a bit nervous. Quick look at the futures however leaves with with mixed feelings about this:

I see a lot of VWAP reversion followed by a break out - curiously the NQ is lagging the ES today, usually the inverse is on the menu.

BTW, I have no idea what’s going on with fucking disqus again today. I keep getting this ‘page cannot be reached by disqus’ errors and those guys in customer support are less than helpful to say the least. You send them a support message and they get back to you a week later. So, I’m SOL and on my own here…

1:44pm EDT: Here’s a count I kind of saw when looking at the Zero chart - looks a bit cleaner on the futures:

I’m however not sure about this - we could also still be in Minuette (iv) of Minute {i} here. Why am I counting such small degrees? Because IF this is it - then these early gyrations will be extremely small compared with what’s coming. Of course I could be completely off my rocker and we might still be in Primary {2} - unless we breach the 1040 mark on the SPX that remains a very valid possibility.

OKAY - disqus is broken again. Frankly people - I about had it with that fucking thing and if they don’t fix this soon I will rip this turd out and go with a competing product. Hope you guys will not stop posting here if that’s what I wind up doing.

UPDATE 2:08pm EDT: I am unable to fix this comment problem and have contacted Daniel over at disqus - so far I have not heard back. This is what I need you guys to do - please send an email with the subject line ‘Please fix evilspeculator.com‘ to daniel@disqus.com and copy to support@disqus.com - maybe that will ‘inspire’ them to take action.

This entry was posted on Thursday, October 22nd, 2009 at 1:13 pm and is filed under Market Outlook, geronimo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  • standard_and_poor
    Here's what I posted on Sunday, sometimes I'm dense and a bit lucky - let's see
    if 1067-1071 actually holds:

    "Fair possibility that the first 2 days of this week may be red, if so 1067-1071
    looks within reach in SPX. I may sell more longs near the open, probably a good chunk of the TNA (currently 27% of portfolio). Think there might
    be a good chance of seeing 1158 by Thanksgiving."

    Here's a newer tune, hope you enjoy it.
    http://www.youtube.com/watch?v=eu4Aj2JMwCI

    Best of luck rats.
  • BigIslandLife
    These threads are a mess now postings happening on all three from different blogers better round everyone up to one page now
  • Tronacate
    Now the volume will pick up on the selloff coming....think?
  • gregn
    Anna, did you dump those puts you added around spx 1081?
  • gregn
    Sent inspirational message as well.
  • defleming
    Inspirational message sent to disqus as requested!
  • hank30
    Obviously, Bernanke is running Disqus.
  • AS2009
    hopefully all the posts won't disappear agian ... at least they are safeon th Ramstein thread ...
  • Today really feels like the "flag" part of a bear flag.... slow grind up with not a whole lot of buying pressure

    I'm just holding cash waiting for either a) higher prices to short or b) lower prices to hedge with longs
  • AS2009
    Yes - seem to be workring .... its moody today ..
  • Acting like a woman with PMS today... better head for cover.
  • mmTesla
    Should be interesting.
  • check your chat box mr Mole
  • Check your chat Mrs Anna - you're driving me nuts.
  • Now where did you go? BTW it's Ms Anna or Mistress whichever you prefer
  • Now it's working again - go figure...
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