Red

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Red, I will be in the Philippines for a spiritual retreat as of Sunday. Internet is hit and miss their. I will e mail you a message, later today before I leave.

All the best.

 i’d bet higher prices ahead. 1250 to 1270. be that as it may, no position . had a cross of 19 39 ema which has foretold market for a few years now for direction

http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=5&dy=0&id=p80046474900

S&P 500 Weekend update: http://niftychartsandpatterns.blogspot.com/2011/10/s-500-weekend-update_22.html

   He is saying this could be a major wave THREE up.  So he isn’t too comforting for a bear.  Lol.  And he isn’t all that good, I used to follow him, he was never very accurate with his Elliott Waving.  His trading looks pretty good though, which is important for him and his family. 

By the way, that last 5 minutes was totally manipulated.  All the short term charts were pointing down into the close and we should have dropped to pin at 123 spy, but they pushed it up to steal the sheeps’ money and pinned it at 124 instead.  It’s almost impossible to figure out on an “option expiration” Friday.

I was actually going to post that I thought we would drop to pin at 123 spy into the close, but they rallied it so fast that I didn’t have a chance to post that comment.  Of course I would have been wrong on it, as they cheated and rallied instead.

Moving on… I’m looking forward to crashing next week 🙂