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Red
Posts

Still In Rising Channel…
Some wild swings in the morning, and then some sideways chop until the close... but we're still in the rising channel on the 60 minute...

Strange Sell Off Today…
The market sold off today on a worst then expected consumer confidence number. Duh! I could have told you that! Well, I guess they have...

Light Volume Equals A Boring Market…
With only 132 million shares traded on the SPY, the market basically went nowhere. Nothing has changed since the March low from 2009, as light...

Weekend Update…
Bullish Monday again? Yes, it's possible... I know us bears can't seem to believe that the market could go higher, but it can. When you...

A Non-Event Day…
It seems that the Fed's out-smarted the bears again, as the rate increase yesterday didn't affect the market at all today. You could have just...

Fed’s Increase Rates…
After hours the Fed released that they are increasing rates from .50 to .75, which caused a sell off to start and will most likely...

The Bull Took A Breather Today…
This rally has been very powerful from the low at 104 last week. Today the Bull took a breather before running higher again. I don't...

Bull Fever…
Looks like the Bulls blew past the Bears like they were standing still today! A bomb was set off outside of a JP Morgan office...

Weekend Update…
This has been a really tough week for me, as the expected next leg down didn't happen. I'm now underwater pretty bad in my put...

Bear Squeeze…
NO Post for Friday, I'll have my weekend post up by Sunday night... Man that hurt today! I am so ready to bail on...