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... Geccko23

They love their 12-14s I guess.

... Geccko23

Wow, it looks like the commemoration took place on a Saturday the numerology was so essential.

... Geccko23

$nymo dropped decisively below its 5 and 8 day SMAs today providing a preliminary sell signal in conjunction with a few others. It was actually below those averages on Friday but barely.

There was a full moon on Saturday. Jupiter goes retrograde today. According to SC, there were 320 new lows today and the HO signals have been going haywire the past week.

Some of the Vegas stocks have been getting hammered as well with some steep moves down. WYNN, the pure Vegas play, and LVS with the Macau action thrown in as well.

Oh and there was a pattern match to the historical top double 7 years ago with the SP making a new high with a similar RSI divergence and MACD setup but with the Nasdaq and Apple 100 acting as the week sister making a lower secondary high ala the Transports back then. Transports did it as well this time.

We don’t have a pure 100 degree cycle today but the commemoration, I’m sure did take place on Monday of that week. Maybe we have a purer commemoration later as Pluto-Uranus achieve a pure square.

... Mr Gul

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... Mr Gul

Do you desire Fame , Power, Riches,
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... Geccko23

Today was a 40 year anniversary date. The market bottomed on December 4,1974 to end the lethal 73-74 bear market about the time the master operator from Omaha was accumulating massive stakes in the market. The last true value low in the market. I guess the market has been holding up for this date. Does this then imply a 2 year bear market into the next election with an Obozo impeachment/ resignation ala the Watergate lows of 1974???

Then we have a 100 year anniversary date, one of the operators best commemorations/ best kept secrets, part of the nefarious 25 year (666weeks x2) cycle which tends to stray a couple of years at times.

... Red Dragon Leo

“No Santa Rally for You” says the soup Nazi… One HUGE Buyer getting some January, 2015 20/22 Call Stupid on the VIX (not sure what the “Stupid” means though?). These implies we’ll go up more on the SPX into the expiration morning of December 17th (which later that day we have FOMC minutes) and then it seems that some expects the VIX to go up and the market down.

... Elder Terracle

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... Red Dragon Leo

Sure looks that way to me Scott. But that doesn’t mean the SPX is going to explode upward… only that there won’t be much fear between now and opx Friday. From a technical point of view we should still pullback at a double top for at least a day, and then chop around some before running to 2100+ I believe.

Maybe they run up a little more this week and then drop back next week? I still think we’ll put a low in next Thursday or Friday before a squeeze higher the week of option expiration.

... Scott Gifford

so someone is taking a gamble that the SPX is heading higher by 12/17. I guess is possible.