Red

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CNBC just had a show about Enron. Can’t wait for a show about the whole system”WallStreet” as a shame

these test trades indicate a higher opening for fri.

thursday 9-8

BA 62.81 CL, 64.008 AH dark pool high

CAT 87.04 CL, 88.69 AH dark pool high.

GS 104.79 CL, 106.79 AH dark pool high.

XOM 72.82 CL, 73.89 AH dark pool high.

Put on a small short position today…if there is follow thru below the lower trendline…it’s on!

I believe Atilla indicated that he would shut down Xtrends when things would start to get sticky.  His concern was once the things started going down hill, Big Brother would be on a witch hunt for sites like his (and here at RDL).  He must smell something in the air!  BTW…the last tweet I saw from him was yesterday comparing the TARP Fall 2008 decline in Banks to what Germany just did yesterday.   Another words, the coming weeks could have a big impact on Euro and the fiscal situation for our friends over there…

ES Charts: http://niftychartsandpatterns.blogspot.com/2011/09/s-500-futures-chart-analysis.html

im not a day trader so i dont post trades that much. i find a trend and follow it but need to take profits in this high vix environment. prolly take some profit  on shorts. see what obama says 2night

Chic, you can post on Red’s site and then we can have updates.

im short. xtrends tells u they were short a week after they closed a position. or vice versa. not good so they closed the blog i guess. i dont twiiter but might sign up to see atilla tweet

I got to go run some errands, but I think we will have a fake out move to the upside tomorrow morning and then rollover into the close.  I’ll do another video late tonight on it.