What a wonderful time it is to be a bear!  The market just keep on selling into Friday, closing around 1071, surprising even me.  I said in last weeks post that I believed we would pierce the 1080 level intraday to trick the bears into believing the level has broken, and pierce did we . . . → Read More: Weekend Update…

Is the selling every going to stop?  Yes… at least for a short while I believe.  I’ll make this brief, as I’ll do more research and post it on my weekend update.  I believe that we may gap down on Monday and rally back to close positive, or simply open up positive, sell . . . → Read More: Are They Walking Off A Cliff?

Gap UP, then Sell off hard… back up, down, up, and down!  Whew… what a day!  We did go lower intra-day to tag the 107.91 spy level, which should complete the 5 wave move down, of the larger wave 1 down.  It was possible that yesterday’s 1083 was the end, but it . . . → Read More: Another Volatile Day…

The market looks like it completed 5 waves down in this larger wave 1 from 1150.45 to 1083.11 today.  I was looking for a wave 4 up and 5 down, as I posted on my weekend post, and I think we may have gotten it?  If Obama doesn’t mention anything about Wall Street . . . → Read More: We May Be Done With The Selling For Now?