Red

Hey Rip – sorry I have a newborn so sometimes I get tied up. Red is working, Sundancer usually comes in after the close. Most of us are probably just stuck in our short positions and trying not to look!

Keirsten

Does this guy have something organized that he puts out. I went to his blog of what ever it was and i was lost.
you have to study the the site for about a month before you can use it.

any suggestions?

ben

Great chart K 🙂

Anbother gap down on the vix today?

There WILL be more downside to fill those gaps the big ?????? is when

Hey, Monica, where's everyone hanging out today? I miss the play-by-play.

C'mon, Europe! Do we always have to do all of your heavy lifting?

j/k

Carl’s morning call:

June S&P E-mini Futures: I think that last week's low at 1056 ended the correction from 1216. Today's range estimate is 1150-75.

1141-1160 range last night (19 points)
1150-1175 estimate for today (25 points – ~1.5 times the usual range)

1158 currently, so estimate is -8 to +17 from here (bullish)

Sold off 1/3 of my SDS. I am still rather heavily committed.

Another fun day in paradise. . .

One of my greatest fears at this point is a gap opening for this morning. Lo and behold, that is what appears to be shaping up. European markets are exulting as of the time of this post (7:30) and FTSE appears to be forming a coffee cup (5 day Yahoo chart), an extremely bullish signal. So, it looks like a fight this morning. Rather, I hope there's a fight and that the 117 resistance is not bypassed.