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.