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Chop, chop, chop, chop… when will the tree fall down? Thursday maybe? How about Friday? Or will it be next week? A weekly close below 1788 area is all the bears need to take down the bulls. Some how I think we will stay above that level this week and leave us guessing for next week. But in the next day or so I do expect some selling.

If you got short before Yellen yesterday, your options are hurting

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I’m sure many people took a short today… at least those who know about the ritual dates these guys use to put in tops.

today was manipulation plain as day. Everything she said would have tanked a market operating under free will. Of course she has no intention of actually tapering the taper, her blathering was necessary to setup the market going into free fall so then she can be the great savior later down the road when she keeps the welfare program afloat and the market goes up again, but meanwhile the insiders will grab a large chunk of wealth on the downside. Today was just needed to shake out the last of the bears (sheeple class) so hopefully some of us went short!

“Unusually High” buying of the VXX by large institutions today: http://prntscr.com/2rmfnc

They always go higher then you expect and never go as low as you think.

Well, glad I waited. We may top today, but this was nasty