Red

    Look at silver for a glimpse of what can be.

    What a guessing game.  U really have to sell into big rips and buy big, triple bottoms.  My opinion.  RIght now its who knows?  But seriously, you should already be short to some degree. I am only 5% short via wins and taking my wins in etf stock.

     Its not 100%, but like I said, I have never met a man who bet when an empire went down the mountain.  Now I can possibly say that I at least participated.  If it goes up, then I will take my win in money paper. Lol.  For as long as its worth something.

Thanks ACPZed  Ultimately I am looking for the 1st week of Dec for the low.

Red’s buddy Evil Spec seems to agree that if it’s not straight down, it’s suspicious:

http://evilspeculator.com/wp-content/uploads/2011/11/spx-win.png

With retail put/call so low, they don’t even need to ramp it up. Could be straight down tomorrow. If not, I might bail.

SPX Analysis after closing bell: http://niftychartsandpatterns.blogspot.com/2011/11/s-500-analysis-after-closing-bell_18.html

I suspect they may bring the market up close to the 1226 level. That will cause a lot of investors with option puts to sell out. Than we may get another good down draft, later on in the afternoon.

Put call still under 1 for retail.

Some body came in at the last moment to buy, Jumped 4 points.

if down tomorrow, probably a short-term bottom, but may be big down. BIG.