I think the shit is going to hit the fan. It will be fast fooling alot of bears and bulls. I’m short and holding until i see the 800’s or so on SPX. THen i will decide what i should do. I have a feeling THis MF Global goes deeper than most think. MF could start the first chain reaction of shit hitting the fan.
LOL… I didn’t see the link the first time ACP. I had to refresh the page… too funny!
Red, did you see my link below – I think we had the exact same train of thought.
I agreed BH, this MF Global is bigger then we know. This sums it up for me…
http://www.youtube.com/watch?v=SYxvVe9y5NQ
The term “tip of the iceberg” comes to mind…
I think the shit is going to hit the fan. It will be fast fooling alot of bears and bulls. I’m short and holding until i see the 800’s or so on SPX. THen i will decide what i should do. I have a feeling THis MF Global goes deeper than most think. MF could start the first chain reaction of shit hitting the fan.
Lot of upside prints, but they’re almost all red.
End of the day “Quick 5 Minute”…
http://screencast.com/t/j0EeVmXT
Amazingly symmetrical eur/usd.
SPY Trend update: http://niftychartsandpatterns.blogspot.com/2011/11/spy-trend-update.html
CISCO Near resistance line: http://niftychartsandpatterns.blogspot.com/2011/10/cisco-near-resistance-line.html