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Do Yourself A Favor
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Do Yourself A Favor

by MoleJuly 25, 2011

I have not talked about trading psychology for a while and today’s drop & pump session is as good an opportunity as any to cover something that can be rather disruptive to our daily trading activities. I am referring to an increasing observance of ‘crisis/drama addiction’. Although I am neither a psychoanalyst nor play one on TV it appears to me that during major economic contractions people across the board seem to be seeking out bad news or emotionally link themselves to geopolitical or macro-economical developments.

During the past two decades this development has greatly been aided by widespread Internet availability, thus offering easy and instant access to information sources which previously would have not been able to find a sufficient audience. A result of this has been a clustering of audiences, in that the ‘birds of a feather’ phenomenon seems to lie at the core of providing ‘alternative news sources’. As we live in our respective monkey spheres our own psychological state of mind as well as that of contemporaries around us affects the type of information we seek out. In other words – the general optimists will flock to bullish/positive interpreters of news or information, the pessimists or ‘end of the world’ aficionados will focus their attention on bearish/negative sources. This instinctual response also feeds a certain feedback effect, in that mutual consent of a certain perception is self-reinforcing.

What’s interesting however is how there also appears to be a distinct polarization effect in that a large portion of the population clings to good news or vapid diversions, even at is own detriment as crucial negative information needing attention is either belittled or ignored. The ‘intellectual elite’ actually appears to be most susceptible to crisis/drama addiction – not surprisingly as ‘over-thinking’ is not generally observed among the ESPN watching jocks of the worlds. When perusing the financial blogosphere over the weekend cynicism and sarcasm was at an all time high, which IMO appears to be an emotional valve regulating excess of frustration and a general sense of helplessness. The news out of Europe (i.e. Greek bailout drama, Norway mass killing by fringe group lunatic, etc.) only added fuel to the fire.

But there was something else that really grabbed my attention. It seemed to me that many participants on the bearish side are almost excited about the possibility of a financial meltdown. After having bet against the market for over two years now only the original gold bugs seem to have called Bernanke’s put while the vast majority has been continuously on the wrong side of the tape. So it’s easy to see who they think is to blame and why they want to see Rome burn. But the big problem with that is that it’ll probably spread to your own house and take you down with it. It’s tough to drive your kids to school when your neighborhood is going down in flames.

As you all know I have been extremely critical about the Fed’s machinations of the past two decades as well as what some refer to as the political process over in Washington. Suffice to say that I am making my own preparations for leaving these beautiful Californian shores in the not so distant futures. Yes, I do believe that this country is in the process of a major correction but I also know that glaciers move at – well – glacier pace and that you can never every underestimate the administration’s ability to extend and pretend. Therefore I draw a very clear line between economic decisions and trading decisions.

The ruling (some call it the ‘leading’) class has had us convinced for over two years now that life as we know it will end unless some important decision is made at a crucial deadline. In many cases that decision involved citizens relinquishing some of their civic rights or funneling tax payer money into over leveraged private mega entities. As Rahm Emanuel famously stated: You never want a serious crisis go to waste. And they have made sure that every supposed crisis has been leveraged and exploited to the max, much to the benefit of the connected few and the clear detriment of the many.

But again I am not taking any sides here – I have long given up on that as I have learned that there are no sides, only fake options. My own long term outlook at this point is not exactly bullish but I am not convinced we are sliding down the cliff tomorrow either. For the past 18 months I have let the charts guide my way and I think my readers are better off today because of my prime directive which is that the news does not matter. Because what ever makes it in the news has already been scrubbed, analyzed, vetted, audited, edited, and leveraged – we are usually the last ones to know. Thus there is no edge in exposing your mind to the flood of trash that’s being dished out on a daily basis. It can actually make you sick as a constant state of psychological crisis can lead to mental as well as physical disease.

In essence my message to all of you is this:

Do yourself a favor, ignore the news and trade the tape that is. Don’t get addicted to the drama that’s being dished out on a daily basis. Don’t get emotionally addicted to a constant state of crisis and instead constructively focus on what is in your own immediate best interest.

You’ll be a happier human being and most likely a more successful trader. Alright, a few charts before the close:

Cocoa is near our target – that was quite a big move and it’s best to collect and wait for further instructions.
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Charts and commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
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The EUR/USD is holding above its NLBL and although we may see a retest I think it’s got a good chance of pushing higher from here. Only take a long position on a NLBL retest – don’t chase it. Taking clean entries is crucial during the summer doldrums.

Gold is approaching levels at which the odds for a reversal are vastly outweighing the rewards of a continued push higher. Yes, I have heard all the arguments about the Greek tragedy – for over a year now and I don’t care. It may push outside both Bollingers before it turns but I would not want to be long here. But neither would I want to be short – I don’t see a clear edge (yet). So fade the hype and wait until the right setup presents itself – which IMNSHO will be to the short side.

Cheers,

Mole
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About The Author
Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.
  • http://thebhbgroup.com TheBHBgroup

    sidelines never felt so good like they do in this market.

  • nugie

    Good comments;  Thanks Mole.

  • Kudos

    Nothing cures psychosis like some cold hard charts

  • http://evilspeculator.com molecool

    Just the facts, m’am!

  • bshah

    mole..
    you are one cold hearted bugger man.. I wanted to make money and u just threw water on my thoughts..

  • bshah

    mole..
    you are one cold hearted bugger man.. I wanted to make money and u just threw water on my thoughts..

  • http://practicalt.blogspot.com/ Gold_Gerb

    Hmm, maybe Deutchlande?
    naw, the Euro is Farked.

    http://www.youtube.com/watch?v=wJReA7wF-8I&feature=related

    anywho, I think we all graduated from egg throwing.

    *Market Closed*

  • http://practicalt.blogspot.com/ Gold_Gerb

    Hmm, maybe Deutchlande?
    naw, the Euro is Farked.

    http://www.youtube.com/watch?v=wJReA7wF-8I&feature=related

    anywho, I think we all graduated from egg throwing.

    *Market Closed*

  • http://evilspeculator.com molecool

    Borussia!! Used to live closeby – back in the days….

  • http://evilspeculator.com molecool

    Borussia!! Used to live closeby – back in the days….

  • http://evilspeculator.com molecool

    One bubble bursting at a time, my friend.

  • http://evilspeculator.com molecool

    One bubble bursting at a time, my friend.

  • http://evilspeculator.com molecool

    Here’s today’s video wrap-up:

    http://youtu.be/-QD1T1MlvzA?hd=1

  • Anonymous

    Yep cool is in his name! Anyways I agree with mole. There is no crisis in the US bond market that I can see. The US has plenty of revenue to service its debt. 10 yrs from now things could be different. When things are bad the bond market will let me know way before the fools in Washington get their shit together. Seriously dont anyone go and short US bonds. Jim Rogers not withstanding. He is going to have a few bad years coming up!

  • Anonymous

    i’m shorting the shit out of gold as soon as you tell us to.

  • Kudos

    I’m short the 10-yr. Been short since 2.90 equivalent on yield. So far so good. No need for a crisis to get bonds back above 3.10-3.20. (my target) It was a crisis that got the bonds below 3% so the lack of a crisis will mean bonds above that level. 

  • Anonymous

    I’ve  paid a lot of tuition to learn what Mole says in “Do Yourself a Favor”.     :)

    Do I still think this market is full of shit?  Yes.

    Do I still think the politicians are full of shit?  Yes.

    Do I still think the talking heads on CNBC aka “Hee Haw” are full of shit?  Yes.

    Do I still think that it is bad to trade on the information read on ZH?  Yes.

    I don’t know if this makes me a Bear or just an overall Cynic.  But I can say with all honesty that this distrust has been earned many times over.

    In reality, the only thing I can trust is price.  And as much as it still goes against my grain to say this, it doesn’t matter how or why price got to where it is. 

       

  • Kudos

    Your a cynic if your distrust of the system and your belief that the bullshit will continue prevent you from betting on the collapse of the system and keep you trading the tape. Your a helpless bear destined to loose money if the above makes you continually bet on the apocalypse. 

  • Anonymous

    carefu shorting the only real bull market!

  • Anonymous

    sounds a reasonable target as long asyou are not looking for greece style yields like the mainstream media is hyping with talks about default and stuff. That said i expect yields to go lower so good luck.

  • Anonymous

    right on Mole.

  • jacksoo

    Excellent commentary today mole – – expressed far more eloquently my concerns, the Internet – rather freedom/raid access/24 hr news (rumour) coverage has become the worst enemy of the thinking man – – – in fact, there is now no time to think and provide and intelligent response, reaction has already taken place and we’re on to the next piece of news, i mean rumour.

  • jacksoo

    Excellent commentary today mole – – expressed far more eloquently my concerns, the Internet – rather freedom/raid access/24 hr news (rumour) coverage has become the worst enemy of the thinking man – – – in fact, there is now no time to think and provide and intelligent response, reaction has already taken place and we’re on to the next piece of news, i mean rumour.

  • http://pulse.yahoo.com/_N2BRXG3E35GXBXZTEBSXLUSDCM B

    Weak as it was, the ZL divergence today was clear. Only wish I hadn’t just seen it after waking up and in no mental condition to makes trades I could not verify and consider. Oh well, nice though.

    I’m really surprised the the overnight action and news had people positioning for chaos, only to be disappointed at the opening bell. This has happened more times than I can count, and in fact when it appears a Fed proxy had showed up I saw the writing on the wall and went long. Usually just for the day. This has been my most profitable trade this year actually, I know my opponents intentions and calling card, and he has a big wallet.

    I was not expecting the late day dip. Doesn’t fit the script. But it has been strange lately, sometimes the boyz show and sometimes they don’t.

  • http://centrifugaldeforest.blogspot.com/ Centrifugal_Deforest

    Truly excellent read Mole. This is an extremely interesting subject (our ‘birds of a feather’ emotional linking to news, which has accelerated more and more due to a networked populous). And you write it very well. Excellent book or thesis material. Cheers

  • http://centrifugaldeforest.blogspot.com/ Centrifugal_Deforest

    Truly excellent read Mole. This is an extremely interesting subject (our ‘birds of a feather’ emotional linking to news, which has accelerated more and more due to a networked populous). And you write it very well. Excellent book or thesis material. Cheers

  • volar

    well mole- u know i love this post

  • http://practicalt.blogspot.com/ Gold_Gerb

    rumors of your demise were false!
    :-)

  • raised_by_wolves

    Hell yeah, Mole, hell yeah.

  • Anonymous

    The “Market” aka “Benny and the Gang” seems to be acting like Detective “Dirty Harry Callahan” again and is saying which way do ya want to go?  

    And Benny, despite is small and calm demeanor as the dollar gets sold off again says:  “I know what you’re thinking. “Did he fire six shots or only five?” Well, to tell you the truth, in all this excitement I kind of lost track myself. But being as this is a .44 Magnum, the most powerful handgun in the world, and would blow your head clean off, you’ve got to ask yourself one question: Do I feel lucky? Well, do ya, punk?” 

  • raised_by_wolves

    /ES is testing the 10-day, 1-minute VWAP right now. It has been tested several times in the past 10 days and has held each time (not counting a few minutes below).

  • Anonymous

    GOOG and AAPL still Catching a Bid +$600, +$400.

    They need to move these two into the DJA so the Dow can make new all time highs.    :)

  • Anonymous

    In about 10 years, we are gonna look back on all this debt ceiling, PIIGS in Europe, QE 1, 2 & ???, US Dollar, “Benny and the Gang” business . . .  and just LAUGHHHHH !!!

  • Anonymous

    Case-Shillers -4.51%, keeps going down. VIX on the rise should see lower prices possibly 1300 retest.

  • Anonymous

    NSL  ES  @ < 1332.75 Close?

  • raised_by_wolves

    I have a NSL ES < 1319.25, but I may calculate them differently than Mole. I'm using CloseToClose, (O+H+L+C/4), 5 period settings.

    http://content.screencast.com/users/raised_by_wolves/folders/Jing/media/de074bac-21f2-4d12-b5c4-36f4c19f5e3d/00003557.png

    Also note that AUD/USD and copper to dollar have made new highs today (though silver to gold has not).

  • Anonymous

    Full position short now on the retrace.

  • Anonymous

    Full position short now on the retrace.

  • http://evilspeculator.com molecool

    I’ve been laughing for years!

  • http://evilspeculator.com molecool

    Interesting you should chime in as I see you being very active ‘over there’. Anyway, thanks.

  • Anonymous

    BTW, Congrats on NFLX!   

    In the mean time, Greece and the Euro are all fixed, the Dollar is getting sold, the Oilers are getting bought and the beat goes on.  

  • Anonymous

    Lol, you are right but time is running out for these crooks. It is time to step up to the plate and guess what? When you run out of ammo you will loose;) IMO we are very close to the beginning of a stage 4 decline. Mostly cash right now and patienly waiting. Not to say that another attemp at the high will take place. 

  • Anonymous

    That pig is not done bleeding yet;)

  • Anonymous

    Check out cotton futures , I’m on the road so only seeing it on Finviz chart

  • http://centrifugaldeforest.blogspot.com/ Centrifugal_Deforest

    I’ve been active, but not much trading since mid-june.

    Will be back for the daily grind by September. Sooner if the market commands me 😉

    …been happy to see you trading it well.

  • http://centrifugaldeforest.blogspot.com/ Centrifugal_Deforest

    No demise, just unable to chronicle the whys and wherefores just now.
    …still updating every trade via twitter. and still waiting for the machines to take away the game for such a mere human as I.

    Cheers

  • Anonymous

    Volume slightly in favor of the Downside but ES has been above VWAP since 10:40 AM.

    Currently have a negative delta on SPY but with enough Weekly Calls to weather through this mind numbing choppyness.  

  • http://practicalt.blogspot.com/ Gold_Gerb

    isn’t ES just about where it was Sunday open? 1330.00

    talk about Theta Burn Tuesday.

  • http://practicalt.blogspot.com/ Gold_Gerb
  • Anonymous

    And an amazing mine field it is.

    Not to get hung up on any conspiracy theory, but do ya think it’s possible that if this market is being controlled by “The Club” that the Political part of the Club gave a wink and a nod not to worry about the Political Theater about the Debt Ceiling and upcoming election issues?  And the PTB were told there will be a last minute deal so don’t worry about it.  

    I mean so much for the public announcement of a market disruption if no agreement is made by the time the Asian Markets opened last Sunday.  

    And people wonder why I’m such a cynic.    :)   

  • http://evilspeculator.com molecool

    NO post today, sorry. I have an important deadline which will keep me busy pretty much most of the day. Back tomorrow – in the meantime don’t let the tap whipsaw you around too much 😉

  • Anonymous

    Still see lower highs/lower lows in place. Stop placed @ 1344 SPX

  • http://evilspeculator.com molecool

    Cotton now near NLBL – make a note of it.

  • Anonymous

    thanks for that update, perhaps a close above that tomorrow means it wants to run up from here
    didn’t chase it today, also looking for a possible setup next few days 
    if tomorrow is a lower close , or inside day, 
    fwiw the price range of 95-100 is where the trend up phase (DeMark Countdown) started last year, from the weekly chart

  • Anonymous

    market grinder past few days making a delicious bull/bear sausage for MM’s to snack on

  • http://practicalt.blogspot.com/ Gold_Gerb

    “never let a good crisis go to waste”

    and don’t forget the left hand/right hand magician trick too.

  • http://practicalt.blogspot.com/ Gold_Gerb
  • Anonymous

    Slow day again today.   Let’s see what happens tomorrow.

    BTW, anyone heard from Convict Scott?   He certainly is missed.  

  • raised_by_wolves

    The percentage of S&P 500 stocks above their 200 day moving averages is only 65% now.

    http://content.screencast.com/users/raised_by_wolves/folders/Jing/media/ac7c8b68-47b1-42d8-9ab2-3246bcde0c6c/00003558.png

  • http://evilspeculator.com molecool

    Not good for the longs.

    Mir schwant übles. (tough to translate into English – closest would be ‘this does not bode well for the longs’ – but it’s not as elegant).

  • http://evilspeculator.com molecool

    Not good for the longs.

    Mir schwant übles. (tough to translate into English – closest would be ‘this does not bode well for the longs’ – but it’s not as elegant).

  • http://evilspeculator.com molecool

    I wish!

  • http://evilspeculator.com molecool

    I wish!

  • http://evilspeculator.com molecool

    Agreed.

  • http://evilspeculator.com molecool

    Agreed.

  • http://practicalt.blogspot.com/ Gold_Gerb

    ok, this is now just getting downright freaky.
    [indecision…Bitchez!]

    machinations – time for a ConvictScott let the tape do it’s thing, just follow your setup deal.

    http://stockcharts.com/h-sc/ui?s=$BPSPX&p=D&yr=0&mn=3&dy=0&id=p01530972581

  • raised_by_wolves

    Interestingly, /ES actually closed below the 10-day, 1-minute VWAP.

  • http://practicalt.blogspot.com/ Gold_Gerb

    Mit Mir – did someone say Rammstein!?
    😉

    http://www.youtube.com/watch?v=kjXH0AgT1_Q&feature=related

  • raised_by_wolves

    Hey, that’s going to be my new sign. I’ll write “Mir schwant übles” in big, block, black-sharpie letters. And my piece of cardboard is big enough that I think I can fit “Does not bode well for the longs” below it in a smaller font. Thanks for the idea Mole! Time to go panhandling.

  • Anonymous

    Sorry I havent been posting guys, its just hard to get excited about this tape

  • Anonymous

    I will say that $spx made a lower low, not confirmed by es futures. Thats a potential bullish non confirmation

  • Anonymous

    I’m lurking…. this tape is putting me to sleep, so I’m taking a month off trading

  • Anonymous

    Interesting, Google translator says “I veer evil”. I prefer simply “Faul”. But that is for personal reasons.

  • http://practicalt.blogspot.com/ Gold_Gerb

    what does emotion have to do with it?
    certainly you have a post saying ‘save the drama’.
    no time to research it.
    😉

  • http://evilspeculator.com molecool

    You better show up for work after the summer 😉

  • http://evilspeculator.com molecool

    It’s even tough to source in German – it’s a very strange expression and nobody really agrees on why the use of ‘schwant’ – which in a way is related to a ‘swan’. It’s a nice expression though – my dad used to say it a lot – hehe.

  • Anonymous

    For those of you who know him, The Chart Pattern Trader is now 100% short.  And, he’s got the 15min, 30min and 60min charts and technicals to prove it…..just so you know.

  • Anonymous

    Sounds like an opportunity for you to create some super-whamplidyne educational posts for us, yes?

  • http://evilspeculator.com molecool

    Please do not refer to other blogs/sites/services – I do require link exchange for that.

  • http://evilspeculator.com molecool

    You would think – I think he’s having too much fun with those Asian chicks…

  • Anonymous

    I can’t be the only person in this entire market who thinks the technical’s & fundamentals both point to a break higher can I?!? Oh dear.
    Still though – all this negativity this does lay the foundations for a decent ‘popped stops’ melt up, if  good earnings continue and  we get this pre-debt ceiling sideways chop out of the way.

  • Anonymous

    I can’t be the only person in this entire market who thinks the technical’s & fundamentals both point to a break higher can I?!? Oh dear.
    Still though – all this negativity this does lay the foundations for a decent popped stops melt up if good earnings continue and we can get this pre-debt ceiling sideways chop out of the way. Yep, still think we’re going higher. 100% long.

  • Anonymous

    Which technicals and fundamentals are you referring to?

  • Anonymous

    Most every indicator including NYSE/McClellan summation index, McClellan Oscillator, S&P/NYSE Bullish Percentage is quite bearish at the moment. But hey, we know with this market anything can happen. A big dirrectional move is coming.

  • Anonymous

    Technically, the Indexes look like they’re consolidating near their highs, with the EMA 20’s as support. Nasdaqs broken out and the longer the others stay at these levels, I’d say the more likely they are to follow. Fundamentally, with the majority of companies that have reported so far beating earnings you can make the argument that they merit a higher valuation. Lastly, equities  seems completely indifferent to all the ‘bad news’ regarding US / European debt that’s floating about –  I’d say another indication of strength.

  • Anonymous
  • Anonymous

    Let’s demolish the Capitol as well…what they are selling isn’t working either (Please FBI, no visits….this is a figurative comment…)

  • Anonymous

    Indeed, a bear at heart but have been playing both sides. As Mole stated that news does not matter although sentiment does;)

  • Anonymous

     I tend to agree. However, DJT is not looking pretty. DJT is the one leading the market since beginning of the year. If the horses hold back, wagon can’t charge forward. Thus more chopping until something happens convincingly?

  • Schwerepunkt

    Dollar is falling v. CAD even as equities fall. Does this mean the so-called “risk” correlation is ending? 

  • Anonymous

    Next stop 50ma on daily SPX @ 1311

  • http://practicalt.blogspot.com/ Gold_Gerb

    SPY dropping, it’s a stretch – but worth watching this fan.

    http://i52.tinypic.com/34ysmky.png

  • Anonymous

    Maybe you have done this before, but can you advise HOW this fan is produced?

  • Anonymous

    Sold my SSO Aug puts. G/L!

  • nyse

    Yeah, that would be helpful. How predictive, in general, do you find these to be, GG? TIA

  • http://practicalt.blogspot.com/ Gold_Gerb

    good thing ConvictScott took the month off.
    wouldn’t want him getting emotional today.
    teehee.

    SPY fibfan just about hit 131.39

  • Anonymous

    Good bounce point, hedged for it.

  • http://practicalt.blogspot.com/ Gold_Gerb

    [Placing a Fibonacci Fan – by GG]
    selecting the starting point is arbitrary.I do my best to pick a major high or low point. (typically around a major reversal)
    doji’s are the best.

    The secondary point, I try to pick the longest run, before a proper pullback.

  • http://practicalt.blogspot.com/ Gold_Gerb

    I find them very helpful when price get’s a bid and starts moving FAST.
    horizontal levels I find a less helpful than fans when that begins.

    the polar opposite is also helpful.
    when price grinds higher or lower, and horizontal levels just aren’t getting respect….you’ll usually find a fan line than is being hugged like a kitten on a tree.

    -my 2 grams

  • Anonymous

    Sweet call. :)

  • http://practicalt.blogspot.com/ Gold_Gerb

    oh yes, I’m a big fan.

    in ZH land, Bounce..Bitchez
    :-)

    http://tinypic.com/r/2wpihci/7

  • Anonymous

    :)

  • Anonymous

    As of 11:15, ES Bouncing on and off the underside of VWAP, but NYSE Down Volume is still in control at least as of this moment.    

  • Anonymous

    ZL still flat

  • bshah

    look guys… bottom line is, i have to get out with manageable loss and not too much.. so whatever the situation is, let it still go down for a little longer… god help me.. 

  • Anonymous

    I’m net short but still conditioned to be on the look out for Federal Troops.   Although at some point and time the only thing left to worry about might be “F Troop”.  :)

    http://4.bp.blogspot.com/_qFgmPelbHLU/Shtxzh0YXZI/AAAAAAAACUU/mUGMkIDY7H0/s400/f+troop+ken+berry.jpg

  • Schwerepunkt

    Europe closing . . . often this marks a turning point in the day.

  • bshah

    what a come back.. .? 10 pts on SPY.. woooooph ..damn.. is it a surprise … fuckers on the move…. round robin..

  • Anonymous

    And now through VWAP.   Must be a hell of a buying opportunity for those “Dip Buyers”.    LMAO

  • Schwerepunkt

    U in a little trouble?

  • http://practicalt.blogspot.com/ Gold_Gerb

    run the stops, scoop up the candy.
    rinse repeat.I look forward to Zero video, if there is one this PM.

  • bshah

    a little bit..  on bit sour apple.. 

  • http://practicalt.blogspot.com/ Gold_Gerb

    no one home?
    maybe making lots of coin I suppose..

    so, is the SPY (21-26th) just a big island top?

    and if so, is today just a symmetrical view of the 19th /20th?!

  • Anonymous

    I’m home GG.  

    And having a pretty good day so I’ve got my “Pudding Face On” right now.  :)

    http://theblogfrog.com/upload/img/dis/1315178_21762_634415793789000473.jpg

  • Anonymous

    What the heck is with Mole’s red line on the ZL?!?!?

  • Anonymous

    it’s saving everyones bacon 

  • Anonymous

    VIX is hanging around the upper BB

  • Anonymous

    Pinky HDUP rocking!

  • Anonymous

    Pinky HDUP rocking!

  • Anonymous

    Ok, you lost me on that one.   :)

  • Anonymous

    We is getting a little MO MO on Folks.

  • Anonymous

    Not pink, it’s OTC stock.

  • Anonymous

    Reduced shorts, still room to 1300.

  • Anonymous

    LOL

    I checked it out and it’s almost up to 4 Cents a share!   

  • Anonymous

    Lol, if you play them this one might see .10 very soon!

  • http://practicalt.blogspot.com/ Gold_Gerb

    Market close ~ 60m

    I put up a fresh post, for those that know how to get to me.

    (Mole’s been slappin hyperlinks lately, i’m no fool!)

    -GG

  • bshah

    so how many millions you bought ? damn.. can I be in ur “WILL” for adoption to inherit ur money only ?

  • Anonymous

    Looks like we filled the gap from Jul 19, picked up some SPY calls.

  • nyse

    I bet he wouldnt mind if you did a linkback. No idea tho.

  • Anonymous

    These things move very fast, another one on my radar is POTG.

  • Anonymous

    Hey Fellow Recovering Bears, I know we’re not supposed to get all crazy with excitement and glee on a day like today.  We also need to act like this is not our first rodeo.

    But come on, after watching this bull shit market for so long, we should be entitled to at least a Little Warm and Fuzzy today.  So I’m going to limit myself to one attaboy!   Maybe two as I’m typing this.    :)

  • Kudos

    Divergence

  • Anonymous

    sure looks like it, & tick charts show very steady buying off the low
    let’s see what buyers can do with it 

  • Anonymous

    6 points

  • Anonymous

    New VOLAR post