What’s with all this shutdown drama? Senate hasn’t even voted yet and the House is waiting until 11pm east coast time. Noticed CNN had a deadline countdown ticker.
This afternoon STL Cardinals and Dodgers played a game under the sun in LA in their NLchampionship series very reminescent of their game played back on Sunday May 20th under the Mayan solar eclipse conjunct the Pleiades 514 days ago (415 scrambled) between the same two teams. LA won that game 6-5. Today they won 6-4 to avert elimination in the NLCS. The Dodgers led by wunderkind #66 hoping to continue their glorious run into the World Series down 3 games to 2.
It’s common to go slightly higher in the last moment of the bulls life Marcel. This is done to get the retail sheep to believe that it’s never going back down so they will exit all shorts and go long… just like your statement.
This is nothing more then a “buy the rumor, sell the news” event. Whether they make a deal or not doesn’t matter at this point as the charts are just too overbought to hold up here at these levels. It will rollover soon, maybe tomorrow as I suggested in this blog post.
I stated that I wasn’t sure if we would bottom into the 17th or top… and it looks too me like it’s going to be a top. If you are short you should have been layering into them with 1/4 positions or something since Monday. The next move down should make you plenty if you layered correctly as I still see the 200dma as the coming bottom.
What’s with all this shutdown drama? Senate hasn’t even voted yet and the House is waiting until 11pm east coast time. Noticed CNN had a deadline countdown ticker.
This afternoon STL Cardinals and Dodgers played a game under the sun in LA in their NLchampionship series very reminescent of their game played back on Sunday May 20th under the Mayan solar eclipse conjunct the Pleiades 514 days ago (415 scrambled) between the same two teams. LA won that game 6-5. Today they won 6-4 to avert elimination in the NLCS. The Dodgers led by wunderkind #66 hoping to continue their glorious run into the World Series down 3 games to 2.
Tomorrow is 117 or 27 or 999 or 14.
Interesting… missed that. Thanks.
JP Morgan chase chart analysis: http://niftychartsandpatterns.blogspot.in/2013/10/jp-morgan-chase-chart-analysis.html
NDX right at 61.8% retrace from bubble peak 4816 to 795 low
It’s common to go slightly higher in the last moment of the bulls life Marcel. This is done to get the retail sheep to believe that it’s never going back down so they will exit all shorts and go long… just like your statement.
This is nothing more then a “buy the rumor, sell the news” event. Whether they make a deal or not doesn’t matter at this point as the charts are just too overbought to hold up here at these levels. It will rollover soon, maybe tomorrow as I suggested in this blog post.
I stated that I wasn’t sure if we would bottom into the 17th or top… and it looks too me like it’s going to be a top. If you are short you should have been layering into them with 1/4 positions or something since Monday. The next move down should make you plenty if you layered correctly as I still see the 200dma as the coming bottom.
SPY update: http://screencast.com/t/XYnvmGptc7w
I think you were terribly wrong. Next stop 1740s and beyond.
Coca Cola Trend update: http://niftychartsandpatterns.blogspot.in/2013/10/coca-cola-trend-update.html
Bulls should buy this dip as there’s plenty of room left on the BULL EXPRESS… http://reddragonleo.com/wp-content/uploads/bull-train-overloaded.jpg
“Relax! Government won’t run out of money Thursday”… If that headline doesn’t scare you nothing will. http://www.cnbc.com/id/101113997