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Sunday Evening Telegram
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Sunday Evening Telegram

by The MoleJune 28, 2009

No worries – telegrams don’t always mean bad news. It’s just that I haven’t seen the inside of a gym for days now and still have a bunch of chores to take care of this evening. So, I’ll be lightning fast and will probably continue my abbreviated Sunday posts through the (boring) summer – hey I need some time off too, you damn leeches!! 😉

But before I dive in I would like to thank Fujisan for her amazing Saturday post – if you were missing in action this weekend, make sure you go back and read it – great stuff and even better – her medium term outlook matches one of my wave counts (i.e. Soylent Orange described below).

I’m going to spare you the pep and trading psychology talk this time around as we’ve covered market sentiment in exhausting details in the past few weeks. Yada-yada-yada – what else is new: We still have not consolidated to any meaningful degree and buyers have been quick to step in on this drop as well. My decision to cash out towards the bottom turned out to be a good one but that doesn’t mean that further upside is guaranteed.

I wanted to show you something very interesting and thus have stacked the DJI on top of the SPX. What stands out immediately is how much the DJI has been lagging the SPX. But here’s where the plot thickens:

Since the end of March average trading volume on the Dow has actually dropped – isn’t that something? And we’re not talking a 20% drop here – this takes the concept of ‘running out of steam’ to a whole new level. Which makes me wonder – where’s all that participation thats supposed to push this new ‘bull market’ (ahem) into the stratosphere? Maybe I’m wrong but it still seems like we need a bit of a sell off here before the permabulls are willing to jump back in. Right now all the smart money seems to have moved to the sidelines.

Wave counts – I have three on a longer term basis and two on that are of interest going into next week. For the short term count let’s look at the SPX only:

Soylent Blue: We completed Intermediate (X) as Curly’s money printing machine is ready to kick this equities market into overdrive (how I have no idea but what do I know). We should breach through one fib resistance after the other and finally breach the 956 peak. Target is a bit of a riddle right now but 1000 is a probability.

Soylent Orange: The recent rally from the 888 lows was a stop sweeping head fake designed to shake out the hobby bears (ahem…) – we might pop a big higher to complete Minor X of Intermediate (X) before we drop into another zig-zag to the downside. I know that the push up doesn’t look like a clean zig-zag but quite frankly there have been a lot of inter-market divergences in the past days and I’m not going to over-analyze every Minuette degree wave. The bigger picture here supports this scenario, especially in conjunction with the DJI/SPX divergence.

Long term I would also like to bring up a third possible scenario which kind of coincides with Soylent Orange for the next few weeks:

Soylent Green (a.k.a  Rabid Bear Syndrome Scenario): We actually finished Minor 1 of Intermediate (1) of Primary {3} at 8295.43. We either completed Minor 2 on Friday or will do so on Monday/Tuesday. After that we will start rolling over and continue to drop hard, finally breaching this year’s low of 666.79 on the SPX (6,469.95).

So, how will we know once/if we get closer to the 8000 mark (~ 845 on the SPX)? Besides the wave pattern we’ll have to look at breadth numbers and several other market indicators. For the record – I only give this only a roughly 20% probability – but it’s good to keep it in mind.

Okay, one more and then I’m heading to the gym:

We had not one but two preliminary VIX sell signals (refers to equities btw). Here are the rules again for our noobs:

For a $VIX confirmed signal you need 3 things:

  1. a close outside of the 2.0 Bollinger Band (20 day, SMA)
  2. a close back inside the 2.0 Bollinger Band – this issues the signal
  3. a higher close (sell) or lower close (buy) than the close of the day back inside the 2.0 Bollinger Band – this confirms the signal.

Once you get those 3 things a major reversal usually occurs within the next week. The sell signals are far more accurate than the buy signals.

So, let’s see what happens – if equities drop on Monday or Tuesday we could see a first confirmation here. Which might not be the worst opportunity to once more buy some puts and hope for the best 😉

Alright – I’m out of here for now – might chime in later this evening if I have time for a few more charts.

9:15pm EDT: Eric just sent me updated Geronimo profit graphs (manually collected, so they are based on real entries/exits) – please take a look.

12:35am EDT: Quote Of The Week:

In our current paradign, enforcing market principles takes precedence over human dignity. — Yves Smith.


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.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

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  • LostIllini

    Thank you Mole as Always!!!

  • LostIllini

    Repost…

    I am using Mastercard as a proxy for spy because it is cleaner but the exact same thing is happening to the S&P 500…. Easy Peasy….

    http://www.screencast.com/users/lostillini/fold

    If you had to guess where it is going, what would you say?

    http://www.screencast.com/users/lostillini/fold

  • fa_q

    Although our counts don't line up, our paths almost do. I've got the same path as your Orange path, Mole, but I think it stretches out a week. I see a quick move down followed by a rally through the holiday. Next Mon/Tues should put in the high of the move. On Balance Volume up 4 days in a row for Nasdaq and ADL up 3 days in a row. Very short term overbought.

    July is the 2nd weakest month of year seasonally behind September. This July shouldn't be any different.

  • Fujisan

    Thanks for your great post, Mole!

    (PS, is this a telegram???)

  • Bricks

    Once again…thanks Mole!!!

    Here are 3 potential short term (+- 1 Week) plays I'll be watching tomorrow.

    All Daily Charts
    X – http://screencast.com/t/1cpMh4ic05
    NYX – http://screencast.com/t/GiMnxcgpt
    IGT – http://screencast.com/t/NoIXgV3E8

    Feel free to support or refute these. I'm still relatively new…

  • Keirsten

    Thank you Mole and Fuji for always keeping us on task through the weekends and ready to face Monday well armed!

    AMZN building a H&S? Guess we could say that about a lot of charts currently and only time will tell. Will watch for next candle for confirmation on those three white candles. I tend to think Fujisan's roadmap looks very fruitful until proven otherwise.
    http://tinyurl.com/mqyhrp

    POT:
    http://tinyurl.com/lad6x4

    ICE:
    http://tinyurl.com/n849zo

    IWM:
    http://tinyurl.com/n972jq

    Personally I'm going to trade this tape hit and run style for the next few sessions and without bias bear or bull. A lot of the daily charts look bullish, but then you dial to the weekly and it's a horse of a different color. There will be money coming in 401K style and quarterly opex so that's something to keep in mind, not to mention most people will be in holiday mind-set which can be highly aggravating for traders. I may be personally more quiet this week than usual myself as I get things wrapped up to head out of town myself. Good luck to all of us!

  • molecool

    For Sunday standards – yes – it's a telegram.

  • molecool

    7 comments? LOL – boy – am I glad I didn't spend 4 hours today! 😛

  • Leon

    Can someone who is experienced with options help me with this question please. If I wanted to take advantage of theta and what I expect to be a quiet week due to the holiday and wanted to sell July straddles on SPY, would I need to be concerned about getting assigned on either leg of the trade?

    Also, is this strategy not as profitable as I think it could be, perhaps because it seems quite simple?

  • Keirsten

    You have us so well trained, we have nothing to debate. 😛 I'm just looking forward to this next week giving up the ghost. If it's not one thing, it's another lately and this sideways nonsense is enough to drive anyone slowly insane. LOL

  • Douala

    I'll throw in my view of things. No EW breakdown on the sub atomic level but a general overall view.

    I took 2 parts Fujisan, 1 part Keirsten & annamall, a dash of Atilla & John Murphy and pinch of McHugh and came up with this.

    http://tinyurl.com/m7wjjj

  • rhae

    Why guess? we are all doomed… j/k
    To lazy today to even pull up my own chart, yours is fine…
    http://screencast.com/t/2OW9BgP1Y

  • Blind_Squirrel

    Ok the time has come for Squirrel to weigh in on an issue where even Henry
    Kissinger would fear to tread……….. The Katzo Mole dispute!!!!!!!!

    Now this has gone on for almost 2 weeks, and I have given tremendous thought and reflection to both sides of the issue and hereby volunteer to arbitrate this issue on a slow Sunday night and render the following conclusions as binding under the International Rodney King/Squirrel Code of Ethics:

    Katzo:

    I hereby find you guilty of Excessive Top Calling of the First Degree. The court does recognize in its finding that there are mitigating circumstances surrounding your guilt, that of trying to protect others from financial harm. However, Judge Squirrel found the vast number of constant Top Calls as “Dieter from Sprockets” would say TIRESOME!!!

    I hereby sentence you to no more than 2 Top Calls per week unless there extenuating circumstances. Of course you can also have 2 bottom calls!!

    MOLE:

    I can understand your frustration in recent weeks regarding your blog and the markets. Your feelings and frustations are universal at both free and paid blogs.
    I think this whipsaw trading, influenced by 40% of days volume by program
    trading and constant manipulation by GS, JPM, CS and MS has not brought out
    the best in peoples human nature and civility. That being said, Judge Squirrel
    renders the following verdict:

    Count One: Deletion of Blog Posts that are not profane, do not contain copyrighted material, slanderous or blatantly repetitive:

    Guilty. You among all people should know that unwarranted censorship is not good in any way. ES is your blog and you of course have final say, BUT I think it takes away from the true purpose and integrity of a blog when this happens. It turns the blog into a version of Pravda or the GDR!!!! I think you noticed a substantial drop in traffic as this was at its peak and I think it had something to do with it.

    Count 2: Bitching about 2 many Posts.

    Guilty. Which is it Baby, Spits or Swallows???? First you are bitching about too many posts and then you are bitching about not enough!!! Hopefully this is not a problem now as pagination solves the problem of having to do a post if comment count gets too high. That being said, I believe that Jokes, You Tubes, and Banter be reduced to slow trading days or time periods or evenings and weekends. I love them all, but it can be annoying in the morning trying to catch up on opinions and having to go through a bunch of you tube posts. There, now I've pissed off everybody else in addition to you and Katzo!!

    Count 3: Improperly handling of Katzo

    Guilty. I agree, as I said above Katzo's constant top calls were becoming irritating even to me, Katzo's sometime ally/nemesis!! However, you could have very simply privately e-mailed him and asked him to tone it down instead of pubiclly bashing him. We all know his skin is as thin as Baklava pastry!!! Now I know you may be thinking I don't give a shit, this is my blog, but for someone who has staunchly defended you against your detractors on other blogs for hours and days at a time,
    Katzo deserves better. I sometimes found myself in the fray defending you both tooth and claw!!! I know of NO ONE that has defended you more vigorously than Bruno, oops, I mean Katzo!!! I for one, would vallue that loyalty.

    I therefore render the judgement that Katzo deserves an apology for his callous
    treatment in spite of his clear guilt of making 8759 Top Calls.
    Again, remember Katzo has Baklava skin.
    Mole, the reason I took the time to post this is not to bust your balls, it is to try to bring unity to this blog and bring all the people that I enjoy reading back under one roof instead of going to 6 blogs to read all the people that used to be here who have left for one reason or another. I appreciate all that you do, and the last 3 months have been very stressful to alll traders. Your site is one of the best out there and I'm no ass kisser, as you can clearly see!!!

    I would merely ask that before you reply or delete this post, that you thoughtfully relect on my points and recognize that I wrote this not to criticize, but to Unify!!!!

    I realize that this endeavor may be more difficult than bringing peace to the Middle East, but I would hope for some compromise on your and Katzo's part, as I believe many here would like to see him back.

    As usual, I end with a quote from the great Rodney King:

    WHY CAN'T WE ALL JUST TRY TO GET ALONG!!!!!!!

    Respectfully,

    Judge Blind Squirrel

  • standard_and_poor

    Beautifully, eloquently, succintly and judiciously stated. You are truly a scholar and prince of peace among squirrels. I will defer from rendering a musical statement since it has all been said before.

  • standard_and_poor
  • Blind_Squirrel

    PS

    Mole:

    If peace is brought to ES, and Katzo returns, feel free to e-mail me with any incriminating photos or videos of Bruno/Katzo and I will happily post as my own!!

  • Blind_Squirrel
  • Keirsten

    Once again Evil Sistah- nice chart!!! 🙂

  • standard_and_poor

    Call for more love among brotherhood/sisterhood of rodents.
    ask lou reed.

    http://www.youtube.com/watch?v=FH2EgYq_NCY

  • Blind_Squirrel

    And heres the real reason we all come here, is to try and help each
    other over the wall!!!

    Credit to you S&P!! I believe this was your original post.

    http://video.yahoo.com/network/100000086?v=5017

  • lilme

    This is on the Long Clock Tower: “No minute lost comes ever back again. Take heed and see ye do nothing in vain.”

    I commented here to Katzo07 that I thought he had too much time on his hands and it was in this spirit.

  • salvadorveiga

    wow wow! Katzo doesn't post here anymore? What happened? i guess i 've been too much away from internet and ES….

    Too bad Katzo doesn't post anymore:(

  • salvadorveiga

    Remember your words a while back? Whenever you see the blog traffic go too low it's a sign that we may be topping… i actually see the lack of comments as a “good” sign in terms of trading since it may indicate a bit of capitulation on the bears camp

    Thanks once again for the analysis…. and im off to bed now… its friggin late here

  • datul

    Perfect statements Judge Blind Squirrel. Just beautiful. Nice post Mole. I am a newbee and come here to see different opinions supported by their own logical arguments.
    Here what we have is a nice helpful community lead by Mole.

    Lets Keep it up.

  • http://esecfutures.com Vladz

    Mole, excellent analysis as always.

    As far as volume of the Dow argument I am not sure I'm convinced, especially when considering we are talking Dow components. Now that two penny stocks which had highest volume are out of the Dow – GM and C, and then other day trading penny stock BAC is up 400%, there isn't much surprise that volume is lower

    I have been looking for a while to try to find a chart of volume in terms of dollars for a broader Index such as SP to truly guage the change of volume, as when things ran up so much, volume would have very difficult time catching up

    Just a thought

  • standard_and_poor

    PEACE SQUIRREL MEET PEACE FROG:
    http://www.youtube.com/watch?v=YIeZJyvlYA8

  • lilme

    Thanks to Fuji-san for the excellent weekly lesson – I am learning a lot.

  • http://esecfutures.com Vladz

    Also forgot to Thanks Fuji for excellent post earlier! Great work, especially interesting take on FX

  • http://esecfutures.com Vladz

    Euro at 50% retracement from thursdays low at 1.4, with 61% line and 200ema hourly lining up at 1.3980, which is also previous resistance level from Thursday

  • katzo7

    Mole,
    I have thought about it long and hard and I know I have been a bad boy. I will amend my behavior and only discuss the stock market. That is mostly. A number of us were on a group CHAT tonight and that is where the banter, small talk, and even some poignant site-related gossip should occur. You are right! This is not the venue;we will be doing that from now on.
    If I could be permitted, though, to tell one joke per week, that would make me feel a bit better. You see, it would be a compromise, you give a little, I give a lot. After all, I did defend your honor (I was firm yet emphatic) for a whole weekend on Xsite, remember? He said your systems did not work! Pffffsstt!

    Patiently awaiting a decision on this important matter from you King of the Rats. I got research stuck up my a** and it needs to see the light of day. BTW, I had nothing to do with BSs lengthy exegesis (I do feel he is being a bit wordy here, IMO a succinct more conservative approach would have been much more effective and would have been more sensitive to this difficult yet resolvable situation), those discount coupons to my Miami strip joint were just complimentary. And instead of calling tops, I hereby swear to refrain and instead apply equivocation with a side order: of, amphiboly” Everyone is bound to miss? that!? It might mean a top or just could be my sloppy typing so everyone beware.

    The following song represents the emotional roller coaster I have been going through subsequent to this unfortunate situation. But I did not cry one external tear and Squiddy (who so graciously offered to help me through this traumatic event for free) said it is the internal tears that are the hardest to heal. They go deep! Had to spend a weekend in FL just to get away from my environs and forget. But that is a different story.
    http://www.youtube.com/watch?v=XeolH-kzx4c
    BTW S&P, that is not me on the vid so don't get cute; I am much younger!
    I truly love everyone on this site and am aware that mole had to make an example of me to better the site. IT IS MUCH BETTER NOW! I love the new paint and learned how to solve headaches. If this cannot be resolved, do not worry about me. I will be living in a cardboard box under a bridge drinking sterno. But I AM a survivor. Invest in the Sterno Corporation.
    http://www.youtube.com/watch?v=LWToxPni6Ic
    And lilme said, “I commented here to Katzo07 that I thought he had too much time on his hands and it was in this spirit.” Well, at least I don't have too much money on my hands with this market. LOL

  • Blind_Squirrel

    Judge Squirrel finds you in contempt of court for being a Ass Kisser!!!!!

    LMAO

  • Blind_Squirrel

    Mole:

    Das strudel is now in your court!!!!!!

  • ckeltner

    Thanks for the post Mole. Since you are in such distress about the time spent I made sure I obeyed. My firefox does such a good job that I never see the ads. I had to switch over to IE (shrudder) and face possible computer explosion from all the loopholes built into the product just to see the ads. I hope you appreciate the danger I submitted my computer to 🙂

  • http://www.pacfreehotwater.com steveo77

    JBS I find you guilty of too much time on your hands 🙂

  • http://www.pacfreehotwater.com steveo77

    Intersting chart on ES futures. 911 is a line in the sand…what a number!

    please review on my site, since screencast says I have maxed my bandwidth limit already.
    http://oahutrading.blogspot.com/2009/06/911-is-

    And I also did what I thought, in my humble opinion, a decent piece on FDIC….thinking about acting on my bank deposits–move to T-bills or something before the next big scare.
    http://oahutrading.blogspot.com/2009/06/fdic-is

  • ckeltner

    Both coming back as bad links

  • molecool

    Jeezzz – you make is sounds as if I sent you bungee jumping – LOL 🙂

  • molecool

    Strudel doesn't last long in my house – hehe 🙂

  • Blind_Squirrel

    Very well could be true.

    Guess I don't have a blog to promote, so I have to keep myself busy trying
    to restore peace.

    Have a great evening out there in Hawaii!!!!

  • molecool

    “mole had to make an example of me to better the site”

    No, I had to make an example of you to make YOU a better trader. You have a lot of potential buddy – but you're wasting so much energy on bull…. – if you can harness that energy into actual trading you'll kick some serious ass.

    BTW, I never sent you off or blocked you (obviously) – but I'm glad that you're mad enough to come back and start from scratch. Alright, now I want to see some charts, mate.

  • http://trading-to-win.com/ DavidDT

    Second that

  • Fujisan

    Oh, I love this video. It's so cute!

  • molecool

    If you want good food or wine to to a Frenchman – if you want logic we Germans are happy to help out 🙂

  • http://www.pacfreehotwater.com steveo77

    Sorry my post below had broken links, I wrote in Word, and copied here after testing the links, so let's hope this works. I will also start using a BLOG editor so hopefully everything will be smoother.

    Interesting chart on ES futures. 911 is a line in the sand…what a number!

    please review on my site, since screencast says I have maxed my limit already.
    http://oahutrading.blogspot.com/2009/06/911-is-

    And I also did what I thought, in my humble opinion, a decent piece on FDIC….thinking about acting on my bank deposits–move to T-bills or something before the next big scare.

    http://oahutrading.blogspot.com/2009/06/fdic-is

  • molecool

    He was getting out of hand and I had to lock him into a sweatbox for two weeks:

    http://www.dc.state.fl.us/pub/annual/9900/image

  • http://www.pacfreehotwater.com steveo77

    I reposted, thanks for the heads up.

  • molecool

    Is it me or do we have a proliferation of hot trading babes on this blog? Me like…

  • katzo7

    Take a look here. Haven't been sitting on my a**, but turning them out like sausages, and spicy ones too.
    http://www.bostonwealth.net/

  • http://www.pacfreehotwater.com steveo77

    Mole, I have seen some sites where you can edit you own post if you see an error or have a broken link which seems all the more common last few weeks? Any chance you could implement so we could clean up our own mess?

  • molecool

    Pretty boy needs his beauty sleep – hehehee

  • Fujisan

    I'm glad you are back, Katzo. We were all waiting for ya!

  • molecool

    Ahem – works for me. Not for you?

  • Fujisan

    Great Job, BS!

  • http://www.pacfreehotwater.com steveo77

    I got a new theory coming out….its called “the Dark Wave (TM)” I am will undoubtedly be pimping that on my BLOG, however, its really simple….here is the preview.

    An emotional wave feeds through the collective human conciousness…good or bad, bull or bear, but what has been happening the last few weeks is the Dark Wave (TM) is making people really bitchy at each other…

  • Blind_Squirrel

    This reply does not fully comply with Judge Squirrels verdict…..

    Jes sayin…..

    And yes, streudel in Frankfurt at the Klosterhoff rest. next door to
    Steigenbergerhoff 5 star hotel fantastic along with Cheese spaetzle and
    Handkase mit Music (an acquired taste) and Grunesauce (sp.).

    Best Spaetzle in US at Ambry rest in Ft. Laud, still dying for real Black Forest Cake in Bavaria…

  • ckeltner

    You can edit as long as no one has replied

  • Fujisan

    You are welcome!

  • Blind_Squirrel

    Ahem, now that you have caught us up with the link of your work product during your abscence, you can now post charts here directly………

    fair is fair

  • http://www.aggressivelyuninformed.com nepharis

    Short & sweet; great post, Mole. Hoping we hit that 930 target for the crossroads.. I'm holding calls from 905. I'm three for three on my minor-wave EW trading, this is the most recent: http://www.screencast.com/t/bhlK8oeI9R
    I should really switch to trading the /ES for this, lower the commission and no theta burn, but the leverage is a bit much for me right now. Anyway, thanks again, I really like the long-term wave count… I've been wondering what your thoughts on that were. Looking forward to {3}. It'll be like running wild in Willy Wonka's Fucking Chocolate Factory.

  • Blind_Squirrel

    Sounds like a good theory. Makes sense to me.

    Look forward to seeing it.

    Have not been to Hawaii since 87. Could not do the only thing I wanted to do, helicopter Na Pali coast, choppers were down for days
    due to trop. storm, while on runway to leave sun comes out and choppers warming up…

  • Blind_Squirrel

    Thanks Fuji, another fantastic weekend post by you.

    Current thoughts on Euro??

    Thanks

  • Blind_Squirrel

    We've been in a Coronal wind stream all evening, supporting spoos.

    Watch Euro mkts. early am for any reaction to news events surrounding VW
    and Porsche.

    Prefer hard drop to 10-11 am ET and then higher into EOM EOQ

  • faafa

    Great posts Mole and Fujisan. Thank you both also for including tips for the noobs.

  • Fujisan

    Thanks, BS. You sure are a great peace keeper. I'm glad that Katzo is back!

    EUR/USD seems to be forming a pennant (and GBP/USD is forming a bullish flag) and it could be broken out any time now.

  • Fujisan

    Thanks, K. I will look into that.

  • Blind_Squirrel

    Thanks, I'm short Euro from 1.4060, and agree it could go higher after early morn. Where would you cover if short?

    Thanks

  • http://www.pacfreehotwater.com steveo77

    I came out here in 1988 to play, at the tail end of a year off travelling the country. next thing you know…21 years have passed!

    slice of life—
    This was yesterday–hiking the bluffs over Lanakai on Oahu
    http://screencast.com/t/9nicnbyuxn

    This is funny, kind of…German dogs, hanging out with Japanese girls, sitting by a World War 2 pill box in America (Hawaii)
    http://screencast.com/t/vPpbNZYfiU3

  • Fujisan

    Both RSI and Stoch on an hourly chart is pointing up so I would just cover it now.

  • rhae

    Who needs a GM VOLT when we can get one of these, much more economical…
    http://screencast.com/t/0UmDGOgpvKf

  • http://www.pacfreehotwater.com steveo77

    I see….once someone replies, then the edit function goes away. Hey I thought you weren't “working” tonight.

    Whatever happened to the clamouring for tickers….
    I posted all these charts on my site with commentary, but appreciate any comments on these tickers.

    WL, LLL, BOH, ABFS, BVN, CQB, IO, KBH, MCD, OFC

  • http://trading-to-win.com/ DavidDT

    Was miking video on few sectors and damn Camtasia crapped out…
    Anyhow..
    QQQQ slightly bullish, but still in no man's land.
    Bearish: SPY, FXB, XLF, XLE, OIH, USO
    Bullish: UUP (/DX), UNG

  • http://www.pacfreehotwater.com steveo77

    http://screencast.com/t/Srbv6Adp

    ES futures breaking the “line in the sand”, minor move so far….

  • http://trading-to-win.com/ DavidDT

    glad u r back

  • rhae

    I must be dense, I could never see what the problem was… But I don't follow posts all day either…

    Nothing to do with Katz..
    but I was on a site once where the leader just threw offenders in a Penalty Box ( no posts)for a few days. That usually cleaned up repeated offenders. Actually this is one of the best bunch of posters I have ever been around…

  • http://esecfutures.com Vladz

    ES is within a point of Friday's low, 200ema hourly and daily S1 in 908s

  • http://trading-to-win.com/ DavidDT

    one really magic “line in the sand” continue to be 914.75
    http://screencast.com/t/jm6dMI2YNcF

  • standard_and_poor

    There are usually 2-3 great opporunities per year where an intermediate term trader can make most of his money, the key is not to piss it away the remainder of the year.
    To not piss it away you need to recognize when the right opportunities are around the corner and how to protect yourself if that supposedly right opportunity begins to disintegrate before your eyes. The recent shorting campaign was marginally
    profitable but not a loss.

    The next opportunity may be on the long side. I would feel much better being long
    if we broke 888 first in a fast and furious fashion to shake out longs. Until
    that occurrs the upside I think may be limited. Perhaps more sideways action will also frustrate bulls as much as a fast break below 888 – time will tell.

    In summary the next big opportunity ( length measured in weeks or months) I currently think will be to the upside and may soon be around the corner. I'm currently about 11% long and may hedge longs depending on next 2-3 days.

    For those of you who are short and favor a head and shoulders scenario look at the
    Nasdaq. No head and shoulders there in sight. The next 4 days is a time for caution in either direction, but I'd say the long side has a slight edge after July 4th.

  • http://gemstowear.etsy.com Jan

    Thanks Mole, Fujisan. Love the “quote of the week”.

  • http://es seawolves

    my friend katzo glad your back I shorted gs fri. @147.23 got bumped up to over 148, your thoughts on my mon. am covering 143.85 then the runup to 934.35? thoughts thanx as always for your help & every1 else need to bank some SERIOUS coin to pay the I>R>S>

  • Blind_Squirrel

    http://www.nytimes.com/2009/06/27/business/27no

    from slope

    This is all laid out in http://www.deepcapture.com as to who the SEC really works for!!!

  • http://trading-to-win.com/ DavidDT
  • Blind_Squirrel

    Proton levels from coronal hole dropping, looking 4 sub 900 spoos by 10-11 am…

    Fuji, playing russian roulette here by staying short Euro against your advice, but
    thinking Honduras coup, Some positive statements from china over the weekend
    on $ and this headline may give temp support along with strategy of looking 4 spoos low 10-11 am min., nervously holding Euro short.

    http://www.bloomberg.com/apps/news?pid=20601087

  • http://trading-to-win.com/ DavidDT

    What can you expect from the agency started by Kennedy
    http://books.google.com/books?id=zWSVHQu2LR8C&p

  • http://trading-to-win.com/ DavidDT

    http://community.tradeking.com/members/will-pro

    The first day of school and a new Indian student named Chandrasekhar Subramanjan entered the fourth grade.

    The teacher said, “Let's begin by reviewing some American History. Who said… 'Give me Liberty or give me Death?”

    She saw a sea of blank faces, except for Chandrasekhar, who had his hand up: “Patrick Henry, 1775,” he said.
    “Very good! Who said 'Government of the People, by the People, for the People, shall not perish from the Earth'
    Again, no response except from Chandrasekhar. Abraham Lincoln, 1863,” he said.
    The teacher snapped: “Class, you should be ashamed. Chandrasekhar, who is new to our country, knows more about its history than you do.?
    She heard a loud whisper: ” **** the Indians.” Who said that?” she demanded. Chandrasekhar put his hand up…”General Custer, 1862.”
    At that point, a student in the back said, “I'm gonna puke.”
    The teacher glared around and asked, “All right! Now, who said that?”
    Again, Chandrasekhar raised his hand and said, George Bush to the Japanese Prime Minister, 1991.”
    Now furious, another student yelled, “Oh yeah? **** this!”
    Chandrasekhar jumped out of his chair waving his hand and shouted to the teacher, “Bill Clinton, to Monica Lewinsky, 1997!”
    Now with almost mob hysteria someone said, “You little ****. If you say anything else, I'll kill you.”
    Chandrasekhar frantically yelled at the top of his voice, “Michael Jackson, to the child witnesses testifying against him, 2004.”
    The teacher fainted.
    And as the class gathered around the teacher slumped on the floor, someone said, Oh ****, we're screwed!” And Chandrasekhar said quietly, “I think it was the American taxpayers, during the 2009 bailouts.”

  • amity

    Looking for a crash? Here is one: http://antwrp.gsfc.nasa.gov/apod/astropix.html

  • http://www.pacfreehotwater.com steveo77

    Your could try NQ which is less leverage.

  • http://esecfutures.com Vladz

    at least 30 pip bounce and counting 😛

  • http://www.srsfinance.com SRSFinance

    No H&S but it did break a rising wedge. Unless it can push firmly past Friday's pivot, a retest of $33 on the Qs looks likely. At least in my book.

  • Squidman

    Consider the complimentary period over and the real analysis just beginning. Should be just about enough time left in your expected life span to complete the task.

  • http://www.mylifemytrade.com MyLifeMyTrade

    It works for moderators only.

  • http://www.mylifemytrade.com MyLifeMyTrade

    Goldman Sachs strikes again – just upgraded a bank – I hate them

    http://screencast.com/t/rzwV6AmE

  • katzo7

    Thnx Fuji. From now on, could you do your Sat. report in English plz? I do
    not understand one word of it. LOL

  • katzo7

    Thnx David. The sanitarium was an awful place. That environment alone
    straightened me up. LOL

  • katzo7

    First of all, don't pay the IRS. They won't do nothing to you, trust me on that. They are a paper tiger and all you have to say is you guys got enough money, WTF are you doin' bothering me? Works every time. j/kidding here.
    http://www.youtube.com/watch?v=-yKdGWXTUG4
    AND about GS. You be careful with this one. I expected to see the market futes down this morning and they are pretty neutral (down.90 on SPX at this time). One of the aspects of an EW5 (I feel we are about (???) to start one on the SPX DAY), is that the run makes no sense technically. Talking indicators here. Sell GS when stochs hit a bottom (if they come down that far, market is strong) note, it also is toying with starting into an EW5 on the 15. Here is a chart. Note the short red arrows, use as a timing thing. Note the two non-circled 4s, potential targets and I stress the word potential.
    http://www.screencast.com/users/katzo7/folders/
    Put a stop at 148.10 (or even lower) and work it down as stock falls into this EW4 on the 15 or get out this morn. Look at my charts here about the SPX, GS will follow that, and see what may be coming. I am closely watching that channel on the DAY. Your figure 934.35 refers to the SPX?
    http://www.bostonwealth.net/2009/06/26/1475/

  • katzo7

    Yes, I admit it, always the fairer sex though!

  • http://www.pacfreehotwater.com steveo77

    Good catch, watch for a blowoff top on banks….Lloyds probably has to issue some new shares and GS is getting a fee to help them do so.

    Don't spend emotional energy hating them, make money from seeing through their plots.

  • http://www.pacfreehotwater.com steveo77

    The Doolittle raid and Conrta-indicators.

    Evidence should be weighed. And when it is trying to prove a point that is wrong, and the evidence is wrong or fabricated or cast in the wrong light, then you should give this evidence an extremely strong rating….to the contrarian side.

    The Golden Cross….when the S&P 50 day moving average crosses above the 200 DMA, is promoted as guaranteed clear sign of higher stock prices. I did a pretty neat time chart for 1942 in which a single bottom bounce occurred, it was really cool, right after the Doolittle attack. That was a huge confidence booster for the US. It was extremely risky and costly, if you don't know about it, you should, seriously. Because not only was it important, bold, and a great indication of what the true American spirit can rise to when backed against the wall….it shows another important issue in trading.

    Confidence. When you hear about a “con job” you know what that means….someone got taken by deception. But what it really means, is a “confidence job”. Soemone was made to be confident, and then others took the money.

    http://oahutrading.blogspot.com/2009/06/soltice

    OK back to the golden cross. Sure, this “Dumb indicator” shows good results, however, the results can be very misleading unless taken in context. In 1942, 1953, and 1982 the Golden Cross showed great 1 year returns, around 40%. But these were also coming from extreme P/E bottoms around 7.

    Out P/E right now is around 15 or 20. The next 3 quarters should clarify that quite a bit. Without those 3 exceptional bottoms, the Golden Cross is worthless, in other words, all the other instances averaged to zero gains.

  • katzo7

    One of Keirsten's favorites, she loves her POT. Don't bogart the joint my friend. I don't really have an opinion but am weighing the possibilities on this one now. K, love to hear a comment.
    http://www.bostonwealth.net/2009/06/28/potash-p
    And love is all around me.
    http://www.youtube.com/watch?v=3EXRPxC-5bE&feat

  • salvadorveiga

    Strudel indeed is very good… whenever we have it at the house it sure doesn't last long… I guess only a couple hours ! That thing is addictive…

  • salvadorveiga

    you only expose the capital you want…. I'm trading futures and I use no leverage most of the time

  • Douala

    LOL !

    Good Morning…. Thanks…

  • wex

    Doolittle raid was significant not for the damage done but for the consequent need for Japan to divert military resources to defend the Home Islands. Those resources were no longer available to pursue conquest in the Pacific.

  • annamall

    Morning all! Katzo, you're back! nice. 🙂
    My take for the week is this..orange scenario, we hit 927-930 mark ( I have said that since last week) and then we take the elevator down to Moles conclusion. I think somewhere in the 850's
    I am still long Apple 140/145 July VCS, RIMM 70/75 VCS, short AA, short SLV, short ORCL

    Have a good day, G/L everyone and will be out and about this morning. 🙂

  • katzo7

    Steveo,
    I am hating on you! You need to shovel some snow.

  • standard_and_poor

    Always welcome opinions, thanks. I'll keep an eye out.
     

    ________________________________

  • annamall

    BTW don't forget more great tennis @ Wimbledon today, I know one of our own is there watching the match!

  • bsummertime

    The recent strength in NASDAQ and the S & P's looks more like fund managers buying with their new funds from retail customers buying at the top. We also had the realignment of the Russell indexes creating a spike in volume last week. While the brick wall at 920 has held well, this week could push up to the 930 level. IMNSHO I think that will provide a great shorting op to go down to around the 850 level on the S & P's. Either way, this week should show the cards for direction.

    I like Jimi, but George was also a class act. Good work S & P, just wanted to comment.

  • http://trading-to-win.com/ DavidDT

    shaping up to be “short the open” under 917.75-916.25 area?

  • http://alphahorn.blogspot.com/ alphahorn

    Good morning all, should be an interesting week. But, i still favor that we are finishing or finished with B or minor 2 or (1) and should begin to see a significant move down soon. I wouldn't be surprised to see the SPX pivot at either 927, the top of wave 4 under this count, or 930 its 61.8% retracement level, but it has already retraced 50% so I also wouldn't be surprised if it rolled over here as it completes B or 2 of (1). I still see too many topping indicators that have triggered or are about to trigger to believe we are off to new highs here. Maintaining my FAZ, SRS and selective bank shorts as well as some small cap longs.

    I believe the banks are primed to roll over ver soon: http://alphahorn.blogspot.com/

    Have a great day.

  • thelefteyeguy

    Thanks Alpha!

  • Lordted

    How could I forget that… Go rog (give the guy the Trophy!)

  • Fujisan

    Go Federerrrrrrr!

  • molecool

    This actually goes deeper – this entire rally Is designed to help Curly's crony banksters raise cash in first or second offerigs – and of course it's a circle jerk. The unsuspecting retail spec is taking for a ride here and as soon as these vultures are done raising cash you'll see equities circle the toilet.

    Does anyone have a list of who is left raising cash?

  • anotherone

    Mole, gone over the weekend and just read your post. Very clearly explained. Really appreciate it.

  • katzo7

    I'm back!

  • http://alphahorn.blogspot.com/ alphahorn

    S&P where's our music!!!!?????

  • annamall

    yes, I am watching it all day today when he is on! I sent him a pre-congratulations message Heheheh

  • standard_and_poor

    Plenty of time for intermediate term traders to hop on board of next good move in either direction. Not interested in small squiggles or sideways trades. I 'll wait it out.

  • standard_and_poor

    Oh yeh, morning brothers and sister rats.

  • katzo7

    Let me share with you what I am watching. The EW5 potential is not good for the bears. I thought and was surprised the futes were relatively strong last night and this morning as my indicators were set up for a slight sell off.
    http://www.bostonwealth.net/2009/06/27/channel-

  • molecool

    Boy, what just happened? Did you guys see that huge drop on the futures? It's bouncing back right now but all the overnight advance was just taken out in 5 seconds.

  • molecool

    I try to use simple words to support all those mentally challenged rats.

    Thanks 😉

  • http://alphahorn.blogspot.com/ alphahorn

    $BKX is playing out as I suggested it might on my blog last night (http://alphahorn.blogspot.com), I hope some of you had a chance to see it and played it accordingly.

    http://www.screencast.com/users/alphahorn/folde

    just added short BK @ 29.10

  • http://trading-to-win.com/ DavidDT

    bad tick

  • standard_and_poor

    Thanks bsummertime. Much appreciated.
     

    ________________________________

  • Fujisan

    I'm watching it now, Anna!

  • springheel_jack

    Very interesting start to the day. I think we may be in a range for the next couple of weeks & would be surprised to see new highs.

    If so then I think we could see a couple of very weak days this week.

    As you pointed out, volume apart from Friday pm has been declining for weeks. Buying pressure seems limited.

  • Fujisan

    Sal, did you figure out the way to watch wimby? Try this one. It's free.

    http://espn.go.com/broadband/espn360/schedule

  • Cerebro82

    Threw the kitchen sink at that bitch! Dow made it 4 points off 78.6% retracement of leading diagonal. Stop 916.75 on the /ES

  • http://trading-to-win.com/ DavidDT

    In case if any1 wondered – Mole is on the right

    http://www.youtube.com/watch?v=n9m5l5rbfAw

  • salvadorveiga
  • http://alphahorn.blogspot.com/ alphahorn

    added another short, BA at 42.23 (boeing)

  • molecool

    Bear trap.

  • Duuuuuude

    Anybody had a chance to look at TOS's Think AI yet?

  • katzo7

    I agree mole, the low of the day so far is key IMO. If that is taken out, the bear case gets somewhat stronger.

  • http://www.ambgtrading.com/ amgrant

    With ya. This sell off is a joke, I am looking to get long at some point today. ES selling off from highs is nothing disguised as something.

  • http://alphahorn.blogspot.com/ alphahorn

    looks like the $VIX is going after #2 today

  • http://alphahorn.blogspot.com/ alphahorn

    added a small cap long (i've been hedging with these and they've worked out great) KONG

  • http://alphahorn.blogspot.com/ alphahorn

    nasdaq composite also looking weak

    http://www.screencast.com/users/alphahorn/folde

  • molecool

    Told ya it was a bear trap….

  • molecool

    See? 😉

  • katzo7

    Strange, the VIX is up 2.82%.

  • KidDisco

    Nice call. Can I ask what you were looking at that gave it away? I was just about ready to go short everything….

  • rhae

    agree, I see no reason to rush SPY's destiny…
    SPY 15m
    http://screencast.com/t/iR4MuLRGp

  • standard_and_poor

    My odds of seeing 888 this week have decreased slightly. Still holding steady onto longs- no plans to add until further clarification.

  • Cerebro82

    Good call! (cap tip)… God bless stop orders

  • http://es seawolves

    kat-zo u were right on gs u think the boys will run this up to 934.25 today?

  • http://alphahorn.blogspot.com/ alphahorn

    bull trap

  • katzo7

    Dunno level, headed higher though. Good luck guy, care about you. You out
    of GS?

  • http://trading-to-win.com/ DavidDT

    nice call

  • http://alphahorn.blogspot.com/ alphahorn

    i still believe overall this is a no volume bullshit holiday week, and we might drift higher slightly, but within limits. 927 SPX is right around the corner, will be telling how it reacts there

  • http://trading-to-win.com/ DavidDT

    nothing to see

  • Cerebro82

    Ima reshort but I am gonna wait til around 927..Patience is a virtue

  • katzo7

    I want to put this on the table. Be careful getting too bullied up, but I have seen this too many times to ignore it. I am not saying this will come true today BUT . . . . Be responsible here.
    http://www.bostonwealth.net/2009/06/26/the-brea

  • molecool

    ¤ø„¸¸„ø¤º°¨¤ø„¸¸„ø¤º°¨
    ¨°º¤ø„¸ N E W „ø¤º°¨
    ¸„ø¤º°¨ P O S T “°º¤ø„¸
    ¸„ø¤º°¨¤ø„¸¸„ø¤º°º¤ø„¸

  • zenith191

    Hooray!

  • ausdude

    POT headed down? Looks like it is showing sings of weakness..

  • katzo7

    Thnx guy. That means a lot to me. Thnx.

  • Keirsten

    Finding some resistance at the 20 EMA on the daily Aus. I'm trading it carefully today.

  • Keirsten

    Hey! WB! I missed your earlier posts this morning- keep 'em coming buddy. 🙂

  • katzo7

    thnx K.

  • wex

    Doolittle raid was significant not for the damage done but for the consequent need for Japan to divert military resources to defend the Home Islands. Those resources were no longer available to pursue conquest in the Pacific.

  • http://www.hotoptionbabe.com annamall

    Morning all! Katzo, you're back! nice. 🙂
    My take for the week is this..orange scenario, we hit 927-930 mark ( I have said that since last week) and then we take the elevator down to Moles conclusion. I think somewhere in the 850's
    I am still long Apple 140/145 July VCS, RIMM 70/75 VCS, short AA, short SLV, short ORCL

    Have a good day, G/L everyone and will be out and about this morning. 🙂

  • katzo7

    Steveo,
    I am hating on you! You need to shovel some snow.

  • standard_and_poor

    Always welcome opinions, thanks. I'll keep an eye out.
     

    ________________________________

  • http://www.hotoptionbabe.com annamall

    BTW don't forget more great tennis @ Wimbledon today, I know one of our own is there watching the match!

  • bsummertime

    The recent strength in NASDAQ and the S & P's looks more like fund managers buying with their new funds from retail customers buying at the top. We also had the realignment of the Russell indexes creating a spike in volume last week. While the brick wall at 920 has held well, this week could push up to the 930 level. IMNSHO I think that will provide a great shorting op to go down to around the 850 level on the S & P's. Either way, this week should show the cards for direction.

    I like Jimi, but George was also a class act. Good work S & P, just wanted to comment.

  • http://trading-to-win.blogspot.com/ DavidDT

    shaping up to be “short the open” under 917.75-916.25 area?

  • http://alphahorn.blogspot.com/ alphahorn

    Good morning all, should be an interesting week. But, i still favor that we are finishing or finished with B or minor 2 or (1) and should begin to see a significant move down soon. I wouldn't be surprised to see the SPX pivot at either 927, the top of wave 4 under this count, or 930 its 61.8% retracement level, but it has already retraced 50% so I also wouldn't be surprised if it rolled over here as it completes B or 2 of (1). I still see too many topping indicators that have triggered or are about to trigger to believe we are off to new highs here. Maintaining my FAZ, SRS and selective bank shorts as well as some small cap longs.

    I believe the banks are primed to roll over ver soon: http://alphahorn.blogspot.com/

    Have a great day.

  • thelefteyeguy

    Thanks Alpha!

  • Lordted

    How could I forget that… Go Rog (give the guy the Trophy!)

  • Fujisan

    Go Federerrrrrrr!

    (Gosh, I love your avatar!)

  • https://evilspeculator.com molecool

    This actually goes deeper – this entire rally Is designed to help Curly's crony banksters raise cash in first or second offerigs – and of course it's a circle jerk. The unsuspecting retail spec is taking for a ride here and as soon as these vultures are done raising cash you'll see equities circle the toilet.

    Does anyone have a list of who is left raising cash?

  • anotherone

    Mole, gone over the weekend and just read your post. Very clearly explained. Really appreciate it.

  • katzo7

    I'm back!

  • http://alphahorn.blogspot.com/ alphahorn

    S&P where's our music!!!!?????

  • http://www.hotoptionbabe.com annamall

    yes, I am watching it all day today when he is on! I sent him a pre-congratulations message Heheheh

  • standard_and_poor

    Plenty of time for intermediate term traders to hop on board of next good move in either direction. Not interested in small squiggles or sideways trades. I 'll wait it out.
    I'm currently 11% long.

  • standard_and_poor

    Oh yeh, morning brother and sister rats.
    http://www.youtube.com/watch?v=YbLS_gzxXnA

  • katzo7

    Let me share with you what I am watching. The EW5 potential is not good for the bears. I thought and was surprised the futes were relatively strong last night and this morning as my indicators were set up for a slight sell off.
    http://www.bostonwealth.net/2009/06/27/channel-

  • https://evilspeculator.com molecool

    Boy, what just happened? Did you guys see that huge drop on the futures? It's bouncing back right now but all the overnight advance was just taken out in 5 seconds.

  • https://evilspeculator.com molecool

    I try to use simple words to support all those mentally challenged rats.

    Thanks 😉

  • http://alphahorn.blogspot.com/ alphahorn

    $BKX is playing out as I suggested it might on my blog last night (http://alphahorn.blogspot.com), I hope some of you had a chance to see it and played it accordingly.

    http://www.screencast.com/users/alphahorn/folde

    just added short BK @ 29.10

  • http://trading-to-win.blogspot.com/ DavidDT

    bad tick (unless u r talking about 5pts)
    914 support
    more selling to come after 10AM EDT ( me think)

  • standard_and_poor

    Thanks bsummertime. Much appreciated.
     

    ________________________________

  • Fujisan

    I'm watching it now, Anna!

  • http://channelsandpatterns.blogspot.com/ springheel_jack

    Very interesting start to the day. I think we may be in a range for the next couple of weeks & would be surprised to see new highs.

    If so then I think we could see a couple of very weak days this week.

    As you pointed out, volume apart from Friday pm has been declining for weeks. Buying pressure seems limited.

  • Fujisan

    Sal, did you figure out the way to watch wimby? Try this one. It's free.

    http://espn.go.com/broadband/espn360/schedule

  • Cerebro82

    Threw the kitchen sink at that bitch! Dow made it 4 points off 78.6% retracement of leading diagonal. Stop 916.75 on the /ES

  • http://trading-to-win.blogspot.com/ DavidDT

    In case if any1 wondered – Mole is on the right

    http://www.youtube.com/watch?v=n9m5l5rbfAw

  • http://jogarembolsa.blogspot.com salvadorveiga
  • http://alphahorn.blogspot.com/ alphahorn

    added another short, BA at 42.23 (boeing)

  • https://evilspeculator.com molecool

    Bear trap.

  • Duuuuuude

    Anybody had a chance to look at TOS's Think AI yet?

  • katzo7

    I agree mole, the low of the day so far is key IMO. If that is taken out, the bear case gets somewhat stronger.

  • http://www.ambgtrading.com/ amgrant

    With ya. This sell off is a joke, I am looking to get long at some point today. ES selling off from highs is nothing disguised as something.

  • http://alphahorn.blogspot.com/ alphahorn

    looks like the $VIX is going after #2 today

  • http://alphahorn.blogspot.com/ alphahorn

    added a small cap long (i've been hedging with these and they've worked out great) KONG

  • http://alphahorn.blogspot.com/ alphahorn

    nasdaq composite also looking weak

    http://www.screencast.com/users/alphahorn/folde

  • https://evilspeculator.com molecool

    Told ya it was a bear trap….

  • https://evilspeculator.com molecool

    See? 😉

  • katzo7

    Strange, the VIX is up 2.82%.

  • KidDisco

    Nice call. Can I ask what you were looking at that gave it away? I was just about ready to go short everything….

  • rhae

    agree, I see no reason to rush SPY's destiny…
    SPY 15m
    http://screencast.com/t/iR4MuLRGp

  • standard_and_poor

    My odds of seeing 888 this week have decreased slightly. Still holding steady onto longs- no plans to add until further clarification.

  • Cerebro82

    Good call! (cap tip)… God bless stop orders

  • http://es seawolves

    kat-zo u were right on gs u think the boys will run this up to 934.25 today?

  • http://alphahorn.blogspot.com/ alphahorn

    bull trap

  • katzo7

    Dunno level, headed higher though. Good luck guy, care about you. You out
    of GS?

  • http://trading-to-win.blogspot.com/ DavidDT

    nice call

  • http://alphahorn.blogspot.com/ alphahorn

    i still believe overall this is a no volume bullshit holiday week, and we might drift higher slightly, but within limits. 927 SPX is right around the corner, will be telling how it reacts there

  • http://trading-to-win.blogspot.com/ DavidDT

    nothing to see

  • Cerebro82

    Ima reshort but I am gonna wait til around 927..Patience is a virtue

  • katzo7

    I want to put this on the table. Be careful getting too bullied up, but I have seen this too many times to ignore it. I am not saying this will come true today BUT . . . . Be responsible here.
    http://www.bostonwealth.net/2009/06/26/the-brea

    Look at the 15 min. SPX.

  • https://evilspeculator.com molecool

    ¤ø„¸¸„ø¤º°¨¤ø„¸¸„ø¤º°¨
    ¨°º¤ø„¸ N E W „ø¤º°¨
    ¸„ø¤º°¨ P O S T “°º¤ø„¸
    ¸„ø¤º°¨¤ø„¸¸„ø¤º°º¤ø„¸

  • zenith191

    Hooray!

  • ausdude

    POT headed down? Looks like it is showing sings of weakness..

  • katzo7

    Thnx guy. That means a lot to me. Thnx.

  • Keirsten

    Finding some resistance at the 20 EMA on the daily Aus. I'm trading it carefully today.

  • Keirsten

    Hey! WB! I missed your earlier posts this morning- keep 'em coming buddy. 🙂

  • katzo7

    thnx K.