Well, it’s not like this selling is “something to write home about”, as a 6 point drop just isn’t that exciting. Now 60 points is! That would get me excited!
Mortgage rate increased to 7 month high (Both 30 Year + 15 Year). Jobless Claims dropped (but we all know that’s bogus). The rest of the news seems mixed.
Ok, I was just wondering if it meant anything. The print is so far down that it would take 2-4 years to reach that low I believe. I sure would like to see a print show up telling us the short term downside target.
Deconstructing the FRAUD of GLD & SLV:
http://www.youtube.com/watch?v=o07ZVryXXdU
http://www.youtube.com/watch?feature=iv&v=7MNLEGmO-DQ&annotation_id=annotation_890104
He mentions PSLV which is actually backed by physical silver.
ES Support level
http://niftychartsandpatterns.blogspot.com/2010/12/s-500-futures-support-level.html
I was told SELL offs don’t happen in the Federal Stock Exchange.
Well, it’s not like this selling is “something to write home about”, as a 6 point drop just isn’t that exciting. Now 60 points is! That would get me excited!
Mortgage rate increased to 7 month high (Both 30 Year + 15 Year). Jobless Claims dropped (but we all know that’s bogus). The rest of the news seems mixed.
Ok, I was just wondering if it meant anything. The print is so far down that it would take 2-4 years to reach that low I believe. I sure would like to see a print show up telling us the short term downside target.
Thanks again, and keep your eyes open for more.
that`s just my x/y cursor.
Thanks… what’s the 770.73 line for? That’s one hell of a crash, if that ever happen!
Finally seeing some selling! Any news out, or is this just technical?
FP today — ES @ 96.27 low
http://img831.imageshack.us/img831/831/fpes122010.png