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... buddhabill

I have been anticipating a wicked whipsaw end of first week of Jan for several months. 5% drop to get the bears back in, all-in, and then squeeeeeeeeeeeze.

... Red Dragon Leo

You might be right Jay? That sell off in the last 30 minutes of trading Thursday was pretty big. Volume was about 60 million shares just in 30 minutes! The whole day was only about 90 million.

Somebody wanted out quickly! We could gap down Monday and Tuesday a few hundred points, to get our 5-10% correction, and then the PPT comes in to save the day.

... jaywiz10534

HI Red
Agree with Jan 6th but it looks like a cycle converging LOW
at 10am
see the blog for details
thanks for your comments and Happy New year
It has started off for the bears, but should setup a nice LONG play on the 7th at 3;30 to 4pm

See the graph
Jay
10% would be WONDERBAr {G}

... Red Dragon Leo

Yeah, those were the “good ol' days”, when life was simple. Happy New Year Caption Koons!

... Captain_Koons

Hey Red,

Great Video. Talking Heads bring back many good memories. Have a safe and happy New Year's celebration.

... zstock, Pro Select!

Now we got to get those 60 corporate senators out of office—I don't care what political view___ any non-corporate person decides to run, I'll vote for them.
You know how you can get a monkey elected in 2010 elections—Tell the people, My opponent took all this bailout money contributions, from these corporations. Just keep hitting the ad waves with “Bailout” They'll vote for the monkey, because he isn't accepting any contributions from BAILOUTS

... zstock

Now we got to get those 60 corporate senators out of office—I don't care what political view___ any non-corporate person decides to run, I'll vote for them.
You know how you can get a monkey elected in 2010 elections—Tell the people, My opponent took all this bailout money contributions, from these corporations. Just keep hitting the ad waves with “Bailout” They'll vote for the monkey, because he isn't accepting any contributions from BAILOUTS

... springheel_jack

Just made 112 I think. Going lower too by the look of it if this is v of 1 on USD.

zstock was asking about shorting Qualcomm on HOB so I charted it. It doesn't look like an interesting short but it definitely looks an interesting long on pullback IMO:

http://www.screencast.com/users/springheel_jack

... Red Dragon Leo

Thanks for the link zstock. I watched his video and like it! We need more people like Bob… to spread the truth of what is really going on!

... springheel_jack

Just made 112 I think. Going lower too by the look of it if this is v of 1 on USD.

zstock was asking about shorting Qualcomm on HOB so I charted it. It doesn't look like an interesting short but it definitely looks an interesting long on pullback IMO:

http://www.screencast.com/users/springheel_jack