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Booyaka!
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Booyaka!

Booyaka!

by The MoleJune 8, 2009

3:26pm EDT: Whatever this was just now – it cost the bears a pretty penny – again…

We could painting another triangle (not again!!!) but quite frankly – at this point the wave count is getting a bit messy. Need to see where this thing closes at the EOD.

This far I’m seeing a lot of green – and more importantly – we didn’t breach or even threaten the 922 confirmation zone. This is one huge green boner folks – the bulls are in full control. This is why I didn’t go short Friday or today – you can not load up on puts anywhere but the top.

3:53pm EDT: No wrap up post today – I’m burned out – sorry. Chat among yourselves.

3:56pm EDT: BTW, here’s a little tidbit – despite those monster candles breadth on the SPX is slightly negative: 1.26:1 declining – on the NDX (the index of choice for market raids) it’s 1.15:1 declining. I’m not impressed – this is just a stop sweep to shake out weak hands.

9:44pm EDT: Some late night reading for you rats. If you don’t have a password go here to get one.

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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