Red

Yeah… they certainly know the best time to fool everyone. I certainly wasn’t expecting this kind of selling today.

Yeah… they certainly know the best time to fool everyone. I certainly wasn’t expecting this kind of selling today.

Sometimes the news just weighs heavy on the market as it did today.

I’m surprised the DJIA keeps bouncing off 11,000.

Looks like I got one thing right in my video… “they are going to fool the sheep” Well they sure fooled me on this move down! LOL

Falling wedge and broadening top of S&P 500 Futures
http://niftychartsandpatterns.blogspot.com/2010/11/broadening-top-of-s-500-futures.html

ES Chart before opening bell
http://niftychartsandpatterns.blogspot.com/2010/11/s-500-futures-before-opening-bell_23.html

Futures are taking a beating… figures! Charts are about worthless I believe. They all pointed up, and now we go down. Time to eat mud again.

Well, the stock futures have now taken a serious dump since I last posted.

Crash and burn Tuesday!

http://www.straitstimes.com/BreakingNews/Asia/Story/STIStory_606434.html

Interesting how the crash of 1987 was exasperated by tensions between the US and Iran…nice timing…