Wow… talk about a “ram it up the bears behind”, this is nuts! I guess I should have believed in the FP on the SPY of 127.07 as we’ve hit now in the pre-market session. Man, I hate it when I don’t listen to myself. I’ll remain short of course, as I think this is finally the top and I was just a day early… again (arrgggh)!
I am feeling pretty lonely here. When the sp was at 1120 I was calling for 11887 on the Dow, everyone was neg on the market than. Again, feeling like I am out their by my self again where I bought most of my short position at the recent top. Many of the financial analyst that I have a great respect for are all bullish. Some of the blogs that I read, have turned bullish. The consensus seems to be a santa claus rally . Well ,maybe this time it will be different and we will have a ramp up in the markets. I DON’T THINK SO !
Wow… talk about a “ram it up the bears behind”, this is nuts! I guess I should have believed in the FP on the SPY of 127.07 as we’ve hit now in the pre-market session. Man, I hate it when I don’t listen to myself. I’ll remain short of course, as I think this is finally the top and I was just a day early… again (arrgggh)!
leaving the timeframe vague or unspecified is a little trick he uses. he has been short. liver to all followers. best to be a leader
Arthur says down. Heh, looks bad to me.
Good graph, San.
What time is it current to?
I am feeling pretty lonely here. When the sp was at 1120 I was calling for 11887 on the Dow, everyone was neg on the market than. Again, feeling like I am out their by my self again where I bought most of my short position at the recent top. Many of the financial analyst that I have a great respect for are all bullish. Some of the blogs that I read, have turned bullish. The consensus seems to be a santa claus rally . Well ,maybe this time it will be different and we will have a ramp up in the markets. I DON’T THINK SO !
ES Negative divergence: http://niftychartsandpatterns.blogspot.com/2011/10/es-negative-divergence.html
I feel a new Hank Williams Jr song coming on…”Goodbye Europe, hello Vietnam…”
The bigger it is, the BIGGER THE FALL.
ES made a new high with a MASSIVE divergence. Madman Ben must have really lubed up those presses to print enough money to crank this pig up.
Who knows with him. He is a mystery…