“If” the 119.06 print is real, and hasn’t been already hit (which I can’t see that it has), then I’d speculate that we go down to that print by this Friday. Then next week we continue rallying up to the 127.07 print into Bernanake speaking again mid-month.
New FP’s (thank’s to Shark for catching it… I couldn’t do it without all you readers watching and letting me know when you see something. Thanks to all of you).
Maybe the 119.06 print is the low for this coming pullback as I discussed in the 5 minute video update I just did, and the 127.07 is the final upside print before we rollover again?
Hmmm, make that a used car. Good ole calibrator, thought it was a little off for once, but no, good and trusty.
“If” the 119.06 print is real, and hasn’t been already hit (which I can’t see that it has), then I’d speculate that we go down to that print by this Friday. Then next week we continue rallying up to the 127.07 print into Bernanake speaking again mid-month.
Well, so far, I am up a case of beer and a burger, pretty boring, lol. How do you guys interpret those prints so far?
LOL… yes, the bears will rejoice when that print is hit. But I don’t see it this year… maybe next year though?
That ought to get the Bears drooling! It’s Bear porn!!! LOL!
New FP’s (thank’s to Shark for catching it… I couldn’t do it without all you readers watching and letting me know when you see something. Thanks to all of you).
http://reddragonleo.com/wp-content/uploads/spy-fp-8-31-2011-showing-127.07-upside-and-119.06-downside.png
Maybe the 119.06 print is the low for this coming pullback as I discussed in the 5 minute video update I just did, and the 127.07 is the final upside print before we rollover again?
Just a quick 5 minute update gang…
http://screencast.com/t/yNVwhgGw
ES Hits the resistance line: http://stk.ly/rjOXoK
Oh they were way in the money all right, but they decreased disproportionally to the VIX. I’m not taking chances with these criminals.
Upward SPY print 127.07 at 10:54 EST. You see it? I wouldn’t trust it to go long at this point, but I’m keeping it in mind just in case…