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ES Moving down in a channel: http://niftychartsandpatterns.blogspot.com/2011/05/es-moving-down-in-channel.html

How nice.   http://www.cbssports.com  has a nice 69 number in its photo of the Thrice game on its main page.   The photo might be gone in the morning so try to click on the recap of the game.

I was going to write that the markets are in a perfect technical setup for significant meltdown, probably into the solar eclipse but I couldn’t get access to this site and then the futures started going vertical.   All of this occurred right around the start of the Thrice-Bulls game.   Today was the Thrice’s 69th victory of the year in their 95th game played  10months16 days from the DECISION and 10months15days from the unveiling of the Thrice number.

Tonight is one of the first times I watched the Thrice during the playoffs and they flashed some interesting numbers throughout it in particular the Martin Armstrong number or more importantly the number that got him a multi-year residency in Club Fed. 

The Bulls are about to meet their demise.

This could be an exhaustion gap, and then we could rally into Thursday and Friday… or it’s not, and we crash into Friday?  Who knows which?  One thing is certain, this move down started right after the Legatus meeting ended.

The next one is this October, and the ending date is the 23rd… can you say “One Big Ass Crash” is coming?  Yeah, I think so…  I’ll just be trying to trade lightly until then and stay in the game.  Hopefully I’ll be fully ready to bet the “pot” when that week comes, as I think the bears will have 4 Aces in their hands by then.

Yeah I noticed having trouble getting to the site, weird how their server would be down. ES gap shortly after close. Is it an exhaustion move, or something more sinister??
For some reason, one of the local radio stations was talking about nuclear armageddon or something or other and was joking around playing a siren on the air. Those nuke alarms always make my skin crawl because you never want to hear them for real.

That was loud… glad I turned the speakers down first!

I’m still having problems with my host.  Their server was down again, and this site was too.  I’m about ready to move to another host anyway, and redo some things, so them screwing up just makes me work faster.

The futures are down quite a bit, so that bounce I was expecting must have been this morning… because tomorrow isn’t looking very friendly to the bulls.

But this is the one you really want to listen for:

http://www.youtube.com/watch?v=glzfb9YBTY8

Damn, I wish I had one of those at home.

r2k AND ndx SECOND DAY BELOW 100 SMA

LOL… funny!  Let’s replay that horn after the coming bounce ends… maybe Thursday, or Friday?

Yes, I agree Shark.  I think today will end as a “pause” day, and tomorrow we should have some upside.  How much is unknown of course, but a rally never the less is overdue.