-
Red
Posts
Let’s flip a coin…
Tomorrow is a tough call to make. On one hand, the market did retrace back up as I expected... but it did it on horrible...
Big Volume equals a Down Day…
Looks like the market hit close enough to the 110.34 SPY mark, as it quickly reversed at 110.31. I went short today and sure enough...
Big Volume in the Dollar?
The UUP had some big volume on the buy side today. That's telling me that some big players think the dollar is around a significant...
Waiting on the sidelines…
Not much to add today. Volume was light at 159 million on the spy. Of course the market rallied on the light volume. We are...
Weekend Update…
I'm still looking for the market to go to 1108 spx before any significant correction down. I believe it will be reached next week by...
Taking a breather…
The markets are just taking a breather, before one more up swing to 1108 next week. Be ready, as once that level is hit you...
Gap was filled, but volume is weak…
The gap was filled today on the intraday low from 2008, but I'm still looking to see the closing gap filled at 110.34. Tomorrow is...
Happy Days are Here Again…
Dow 10 Million! Almost sounds like Year 2000! Wow, it's seems that the recovery is real and the recession is over now that we've hit...
In the Eye of a Hurricane…
Today was yet another flat day, as everyone is waiting on earnings to be announced. It feels like we have been in the eye of...
Sitting on the line…
I mentioned that 107.65 spy was an important "line in sand" on a closing bias. It closed today at 107.68! Not a decisive break by...
