The VXX isn’t really down that much either, when compared to the rally in the market. I remember a previous sell off (last year sometime, can’t remember when) when a big buyer came in and purchased a very large position in the dollar. It was just days before the market sold off hard. So that is a sign that the top is near.
One reason I am so bearish is because there seems to be so much accumulation of the US dollar on its small falls. I could be completely wrong here, but……
Yes, I got one yesterday… but it’s not likely to happen tomorrow! However, it’s worth keeping in mind for later this year or next when the crap hits the fan…
Trying to catch the top of this is extremely tough when the gangsters have light volume and can push it up defying the charts. We should have opened down today and sold off, but they aren’t going to let that happen as usual
The VXX isn’t really down that much either, when compared to the rally in the market. I remember a previous sell off (last year sometime, can’t remember when) when a big buyer came in and purchased a very large position in the dollar. It was just days before the market sold off hard. So that is a sign that the top is near.
Initiating the next third. Right now.
One reason I am so bearish is because there seems to be so much accumulation of the US dollar on its small falls. I could be completely wrong here, but……
Eek. Lol.
Yes, I got one yesterday… but it’s not likely to happen tomorrow! However, it’s worth keeping in mind for later this year or next when the crap hits the fan…
reddragonleo.com/…/fp-dow-2100-on-08-30-2011.png
Any FP’s going these days? Haven’t seen you mention any.
Trying to catch the top of this is extremely tough when the gangsters have light volume and can push it up defying the charts. We should have opened down today and sold off, but they aren’t going to let that happen as usual
More manipulation in the market I see. We should have sold off this morning before going high. Maybe this is the last exhaustion move… I hope so.
Initiating short on SPX. One third of my position.
Possible gold move.