The stage a lot of stuff Monica, and blame on middle easterner's when it's really our government doing the whole thing. It's all about money, power, and control.
Another thought on that — remember last year January? Israel invaded … was it Lebanon? Oil went up huge in just a short time, caused the SPX to rally with it, too.
If we gap up, I'll sell my calls at the open. The pit traders will try to close the gap. A lot of charts over at Trading to Win are suggesting that a turning point comes at around 10-11am tomorrow. I'm betting that our near term high is set then, and we probe downwards, maybe retest the 1050 level.
TY, I think they want the market to go down so they can steal everyone's money again. Use it to finance their secret projects, and just pocket some too of course.
hey Red don't fight the full/new moon syndrome i've got burned too many times finally got my hard head straight on it ….new moon to full down full moon to new moon up new moon is the 15th i think…..I think this wave bottoms at midnight tonight then basically up into mon futes…..
I'll wait to see where it goes Monica. I will make that decision when I cross that road. It could go sideways tomorrow, and then fall on Thursday. We'll see tomorrow. I'll post it if it's time to bail.
Opex is next week, and there are way way way too many people holding puts. Forgetting about manipulation or geopolitical events, the expected behavior of the market is to cause the most pain, and I think the market will do what it can to shake people out of their puts.
Now, “news” and “events” are the big wildcards here. What made me the most suspicious today is the “lack of reversal” after the German govt denied the imminent Greek bailout.
Should we get to 1100ish, we're setting up a monster inverse head and shoulders pattern that could play out to new highs. (Just like in November!).
The stage a lot of stuff Monica, and blame on middle easterner's when it's really our government doing the whole thing. It's all about money, power, and control.
Yeah! You are turning slightly bearish then? There is hope. I can sleep well tonight. Thanks Dreadwin 🙂
Another thought on that — remember last year January? Israel invaded … was it Lebanon? Oil went up huge in just a short time, caused the SPX to rally with it, too.
If we gap up, I'll sell my calls at the open. The pit traders will try to close the gap. A lot of charts over at Trading to Win are suggesting that a turning point comes at around 10-11am tomorrow. I'm betting that our near term high is set then, and we probe downwards, maybe retest the 1050 level.
TY, I think they want the market to go down so they can steal everyone's money again. Use it to finance their secret projects, and just pocket some too of course.
hey Red don't fight the full/new moon syndrome i've got burned too many times finally got my hard head straight on it ….new moon to full down full moon to new moon up new moon is the 15th i think…..I think this wave bottoms at midnight tonight then basically up into mon futes…..
k – thanks. I have a feeling one more day of torture is in order, especially if that iranian news report comes to fruition.
I'll wait to see where it goes Monica. I will make that decision when I cross that road. It could go sideways tomorrow, and then fall on Thursday. We'll see tomorrow. I'll post it if it's time to bail.
I think he wants oil to go higher. Might be time to board a British ship and take hostages. Again.
Yeah, I totally know what you mean.
Opex is next week, and there are way way way too many people holding puts. Forgetting about manipulation or geopolitical events, the expected behavior of the market is to cause the most pain, and I think the market will do what it can to shake people out of their puts.
Now, “news” and “events” are the big wildcards here. What made me the most suspicious today is the “lack of reversal” after the German govt denied the imminent Greek bailout.
Should we get to 1100ish, we're setting up a monster inverse head and shoulders pattern that could play out to new highs. (Just like in November!).