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Thank g-d you are here. Does red containment on the 120 = 105?

I'm starting to think we will rally to 1050 and tank through EOD.

SPY @ red containment 60 min
http://www.flickr.com/photos/47091634@N04/46059
If the dam breaks then, we go back to red containment on 120 min

Why all of a sudden did 115.0 provide no support, because it gapped below containment.

Everything in the market is a moving target!!!!!

I am. I have a 1/3 of my positions to cover there, 1/3 at 1082 and a 1/3 at 106.

Just focus on those fake prints from Mondays' afterhours session. There were 4 of them on the 10 minute chart… all at 111.30! That's our target!

Oh, well, what's $800? LOL

help me hang on g-d.

Just bought a few calls as cheap insurance. If this sucker takes off to 118 at least they will defray my losses. We can count on a correction at 118, I believe.

This is so hard.

Yep – all of the good traders think it will stop there and maybe they are right. But if they are wrong, that will provide more selling ammo.