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Odds Just Changed
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Odds Just Changed

Odds Just Changed

by The MoleAugust 14, 2009

10:07am EDT: That’s what I get for posting in the first hour. Well, the odds just changed when we violated that lower channel border. Damn it – just when there was order in my charting universe they have to let this thing drop through – LOL 🙂

Either way you count it – it’s a messy beast right now. The orange scenario is not out just yet but it’s getting a bit wobbly in the knees. If we keep dropping here (i.e. blue scenario) then 987 is in the cards.

10:21am EDT: The Dollar is holding steady and if the a-b-c consolidation is complete the bulltards are about to get it up the rectum – yes, a lot worse than now.

They better pray to their dark Lord that this thing decides to make one final drop before the pop.

Way too much action for a Friday morning… I just fell out of bed!

10:32am EDT: A little reminder of the insane amount of coin a Trillion Dollars actually is:

Enjoy

11:23am EDT: Guys – I was kidding – jeezzzz.

Alright, the buck is creeping higher and equities should bounce back here a bit but thus far they’re still thinking about it. Damn, doesn’t take much to rattle those bulltards, does it? Give those wankers five months of punishment just like what we just went through and they’ll cower in a corner rocking back forth drooling at the mouth.

The evil lair animation team has produced an educational anime of what’s ahead once we hit Primary wave {3} – take a peek at the trailer:

Tape not looking so hot here btw – we are way oversold but nobody seems to be willing to step in here and ‘buy the dip’ (snicker). But the day is young – I’m going to grab some b-fast – catch you in a bit.

11:40am EDT: Alphahorn just reminded me of Silver and – fuck me – I had completely forgotten to check it since yesterday and it seems I missed a great entry:

I’m pretty miffed as this was the entry I had been looking for. I might jump in if we get a retest.

12:38pm EDT: Just returned from breakfast and it looks like I should make extended lunch plans. Not looking good for the bulltards – we seem to be consolidating sideways. Breadth is pretty bearish on the SPX – current reading 17.9:1 declining issues.

About The Author
The 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 the usual social media waterholes.
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