RIP Soylent Green
RIP Soylent Green
2:20pm EDT: And there you have it – RIP Soylent Green:
We are now at a 4th wave high which goes back to October 14, 2008 – this should pose some resistance and is a potential turning point. But who are we kidding right? It’s doubtful that the bulltarts are going to let this short squeeze go so easily. I’m fairly convinced that we’ll see 1070 early next week.
Here’s the larger perspective including the Intermediate degree wave counts.
2:47pm EDT: Extremely interesting piece on record insider selling ratio on ZeroHedge.
I know none of this is much consolation as the tape keeps melting up – however, there appears to be a light at the end of the tunnel. Let’s hope it’s not a speeding bullet train 😉
3:46pm EDT: ZStock just posted a nice VIX chart – let’s hope he’s right:
And while I’m taking requests – here’s a great one from our resident Guitar hero:
3:53pm EDT: I’m often tough on you rats when I think you deserve a kick in your lazy behinds, but today I must say that I’m very proud to see top quality charts being posted here. That’s the type of participation right at the darkest hour I have been hoping for. Keep it coming rats 🙂
