Red

Maybe I should stop wasting time covering the S&P and focus on Gold and Silver, as it’s definitely going up over the coming years ahead. That’s one bull market that I would be glad to put on a bull hat… made of gold and silver of course.

http://www.zentrader.ca/blog/?p=3945

http://www.hedgeaccording.ly/2010/12/vix-sonar-report-hour-and-10min-head.html

US Dollar Hour chart
http://niftychartsandpatterns.blogspot.com/2010/12/us-dollar-hour-chart-analysis.html

What a boring day… It’s probably going to just chop around until the end of the year, with “maybe” a slight pullback before the end of the month (for profit taking by the mutual funds). Yawning now… need more coffee.

Dow Jones chart
http://niftychartsandpatterns.blogspot.com/2010/12/dow-jones-support-and-resistance-levels.html

Well gang, I agree with all your comments… this is total B.S.! I guess I’ll have to put on my bull hat now. Of course it will be from a dead bull that I killed and scalped! LOL

Well gang, I agree with all your comments… this is total B.S.! I guess I’ll have to put on my bull hat now. Of course it will be from a dead bull that I killed and scalped! LOL

Bernanke will not let the markets correct . we bear positions are toast.

well red,

my call of a top tick lasted all of 3 days. i was wrong (gulp)! We broke that level this morning. humble pie is on the menu today.

i just cant wrap my head around a market in which tptb will never allow it to truly correct…… this makes no sense.

richie