Breach-A-Licious
Breach-A-Licious
10:27am EDT: Free at least – free at last. Those damn bulltarts tried their best to shake us off but they can all bite my shiny metal ass now.
Not sure what’s going to hold this sucker up – we are dropping like a rock at this point. I was actually praying for a gap fill and a retest of that lower channel line but the Dark Lord was not receptive to my offering of a young virgin and a fresh Strudel I just whipped up this morning.
Cake or Death?
Okay, this is what you do right now – NOTHING. That’s right – let this sucker run until we reach equality. If you didn’t hop onto this ride yesterday – sorry, you snooze you lose. The meat of this run might be done and you do not chase the tape here.
10:56am EDT: Per popular request – and since there’s not much else to do than watch the tape and bank some mighty coin 😉
You deserve it rats – crank it up!
11:10am EDT: Breadth on the SPX right now is 10.3:1 declining issues – NDX 11:1 declining – wow – not bad. We need to keep an eye on this as extreme negative ratios might be an indication that Primary {3} is in the works. But again – it’s way too early for this – so, currently not my preferred count.
