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Red
Posts
Pushing on 1060…
It seems that 1060 held as resistance again today. The Bulls must re-capture 1060 in order to push higher. It looks like it's all up...
The Tide is shifting…
I love it when a plan works out... I had hoped for 1060 and it hit it perfectly! Tomorrow is the big turn date that...
It’s still a bear, even if it looked like a bull today…
As expected, the market rallied up to 1040 and stalled. However, I was looking for one more quick down move to the 1014-1016 area before...
Weekend Update…
Ok, The next few weeks are going to be lots of fun for the bears. Here's the plan... Monday should complete the smaller 5th wave...
Changing your way of thinking…
I made a big mistake over the last couple of days, as I jumped the gun too soon. I didn't even follow my own forecast....
What hit me…
Wow, The bulls didn't see that coming! Another wonderful day if you're a bear. With 266 million shares traded on the SPY, the market seems...
What ride down that was…
Wow... what crazy day in the market! When I posted yesterday that the market would have wild swings today I never imagined a day like...
Wildcard day Wednesday…
Wednesday could go up if the un-employment numbers are positive or down if the they are negative? Duh! Everybody knows that! Personally, I think the...
Volume only 118 million shares…
Talk about a boring day! It seems that everyone took the day off. Once again, light volume and no economic news allowed the market to...
Weekend update…
I got out of my shorts Friday at about 1043 and went long with some in the money October calls. I'm now looking at 2...
