Saved Once Again

The Bulls were rescued once again…

Doesn’t this look like the PPT stepping in and saving the market from breaking the trendline today?  It certainly looked that way too me, as even with the heavy volume the market couldn’t close below that rising support line from the 1040 low.

Very frustrating to say . . . → Read More: Saved Once Again

Countdown To The Crash!

Wednesday Update…

(view on youtube, go here:  http://www.youtube.com/watch?v=sTBQtx4-9fA)

Red _____________________________________________________________________________________

Is it really going to Crash?

I don’t know, but it certainly has all the signs of a large sell off coming.  Maybe not a crash, but a big move is on its’ way I believe.  I see this Thursday and Friday . . . → Read More: Countdown To The Crash!

Weekend Update – Another Bear Squeeze

Monday update…

Another FP showed up that Jim Hobson caught (thanks Jim).  It’s of the Russell 1000, (RIFIN) and shows a downside target of 439.63 on the daily chart.  More and more signs are telling us that something wicked is coming this way soon.

Red

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Just when you think the bears are . . . → Read More: Weekend Update – Another Bear Squeeze

Go Bears!

Steak… It’s what’s for dinner!

Well gang, the bears regained the ball the last hour of the day, after an early fumble at the open.  It was a tough one, as may bears were sacked as the bulls ran the ball back up the field.  But in the end, the bears took the . . . → Read More: Go Bears!