Red

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Put your buy orders in at 10:14 am EST.

DOW JONES Hour chart: CLICK HERE

All the short term charts are oversold now… any bulls out there going long into tomorrow?

LOL… How true that is as either way the market sells off.

My next setup has 2-Nov, spx 1202.

Do like the idea of election day peak. Republicans win, market goes down “government divided, nothing will get passed”. Dems win, marekt goes down “nothing has changed”.

S&P 500 Below 50 Hour moving average: CLICK HERE

Probably another small leg down and then a miracle ending, as usual. I can’t believe even Bill Gross called the Fed’s pumping a Ponzi scheme, today.

If he walks like a madman and quacks like a madman, he’s probably a madman. Not to mention that he has a vested interest in inflating the US into oblivion. Observe:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_SQurUfHic0

Looks like we put in the bottom for now. Let’s see how high they take it back up? The dip buyers are active now…

LOL… yeah, where are they now? Passed out from getting too high on the koolaid I guess…

I’m quite stunned, where are all the dipsh#t buyers.