I leave my account open at night to watch the trading afterhours on the ES, and sometimes I see “rogue ticks” to strange levels. Maybe they are FP’s or just late fills… I really don’t know. But, I just seen a quick flash of -12.50 with the last price at 1276.75, showing -3.75 down. I’ll forget it tomorrow, so I’m posting it just in case we see a sell off happen. If so, I’ll be looking for -12.50 as the bottom.
Well, as I’m sure everyone is all aware, the market is just waiting for Bernanke at 12:30 today. Still, I’m not expecting a big move either way by the end of the day. There should be some short term volatility though, but I don’t think it will effect the market by the days’ close.
At some point we should have a wave “B” down (or smaller wave 2?), and then a push up toward the 1350 area. I suspect that it will come around the 1310 area. While that could be the end of this larger wave 2 up move, my gut tells me NO, and that it will just be a short lived pullback. But, I’m sure it can still be safely shorted for a decent move down. If I wrong, then it will turn into the larger wave 3 down move and really be profitable.
I came to my 23–8===5-8 revelation culling over the game logs for the Stanley Cup finals. I heard there were some interesting goals numbers during the series. (Basically, Boston was dominating the scoring even though they were only tied with Vancouver going into Game 7).
It turns out that Boston scored 23 goals to Boston’s 8 for the series.(I was told that it was 19–8 going into Game 7 which piqued my interest because that is an IKEA number—and look I formed 1987 and I didn’t even intend to do so) Is this another way the insiders are giving validation to the 238 number????
I don’t know enough about hockey to piece much together. Boston is apparently one of the original 6 teams in hockey.
Just keep in mind that the Madman still has to crush commodities, and take some out of the SPX with it. Buy this dip, and don’t hesitate to sell out when the time comes. The money will go away for a while, and it’s not going to come back without more selling.
Edit: The flash crash taught people what happens when everyone is 100% invested and no more money appears out of thin air……
They tried to press me but they couldn’t! They tried to keep me down but they failed!
I leave my account open at night to watch the trading afterhours on the ES, and sometimes I see “rogue ticks” to strange levels. Maybe they are FP’s or just late fills… I really don’t know. But, I just seen a quick flash of -12.50 with the last price at 1276.75, showing -3.75 down. I’ll forget it tomorrow, so I’m posting it just in case we see a sell off happen. If so, I’ll be looking for -12.50 as the bottom.
AAPL Chart: http://stk.ly/kPfqV0
Refresh page for new video update…
Well, as I’m sure everyone is all aware, the market is just waiting for Bernanke at 12:30 today. Still, I’m not expecting a big move either way by the end of the day. There should be some short term volatility though, but I don’t think it will effect the market by the days’ close.
At some point we should have a wave “B” down (or smaller wave 2?), and then a push up toward the 1350 area. I suspect that it will come around the 1310 area. While that could be the end of this larger wave 2 up move, my gut tells me NO, and that it will just be a short lived pullback. But, I’m sure it can still be safely shorted for a decent move down. If I wrong, then it will turn into the larger wave 3 down move and really be profitable.
SPX Chart: http://niftychartsandpatterns.blogspot.com/2011/06/s-500-daily-and-hour-chart-analysis.html
I came to my 23–8===5-8 revelation culling over the game logs for the Stanley Cup finals. I heard there were some interesting goals numbers during the series. (Basically, Boston was dominating the scoring even though they were only tied with Vancouver going into Game 7).
It turns out that Boston scored 23 goals to Boston’s 8 for the series.(I was told that it was 19–8 going into Game 7 which piqued my interest because that is an IKEA number—and look I formed 1987 and I didn’t even intend to do so) Is this another way the insiders are giving validation to the 238 number????
I don’t know enough about hockey to piece much together. Boston is apparently one of the original 6 teams in hockey.
The euro basically reversed on the Greek parliamentary vote. A sell on the news item? Let’s see if this selloff continues throughout the night.
Mr. Topstep agrees (today’s vid):
http://mrtopstep.com/category/video/
Tread carefully in this market……
Just keep in mind that the Madman still has to crush commodities, and take some out of the SPX with it. Buy this dip, and don’t hesitate to sell out when the time comes. The money will go away for a while, and it’s not going to come back without more selling.
Edit: The flash crash taught people what happens when everyone is 100% invested and no more money appears out of thin air……