Mad Monkey Monday

Except for the early morning drop the remaining 6 hours of this tape was a complete fucking waste of time:

Remind me of my very first day snowboarding – bonk – bonk – bonk – bonk… Zero Lite sig was never able to penetrate the zero mark – and it wasn’t for a lack of trying. I saw a few divergences here and there which is why I told my subs to take exits here on any short term bearish trades – turned out to be a good call.

Program Trading Report:

geronimo/ES: + 1.25

This is what I’m seeing right now. We might push a bit higher over night – retest the 928 mark and then push into Minute {v} of Minute A of Intermediate (X) – it’s possible actually that this is only a Minuette degree wave pattern (as marked on the chart) – not completely sure yet. Breadth ratio on the SPX was distinctly negative – we closed out 24:1 declining issues today – points towards further downside.

8:11pm EDT: The ISEE end-of-day reading is extremely interesting:

On a day that’s ending with an extremey negative breadth I am surprised to see the ISEE in the equity column finish at 232. Seems to me the retail bulls only see this as a dip buying opportunity – if we drop lower tomorrow I’m fairly sure we’ll see a strong spike to the upside.

11:09pm EDT: I can’t believe Karl just posted this – I watched BBC news today and thought the very same and was just about to post a very similar comment. Looks like Karl beat me to the punch – please read it as I wholeheartedly agree. The Iranian police forces have been authorized to use lethal force and those demonstrators are on the street nevertheless – women and children included!

When are we yanks going to get off our lazy fucking asses and do the same? And yes – I say we – because I’m an American citizen now as well. When I was raised in Europe I attended many many ‘demos’ (as we call them over there) – and some of them got pretty wild – I can tell you – LOL. Now, I was a lot younger and reckless back when but I still consider my civic duty to stand up and make myself heard for what I believe in – as a European or now as an American. Remember folks – we Americans were even given the 1st Amendment as part of the Bill of Rights – if you need a refresher course please go and read it.

You want your old country back? Or are you just going to hand it over to those banksters?

He’s baa-aaack – I love this guy – nice batman curve ball btw 🙂