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Well, I said we would probably gap up in on Monday in my video. Looks accurate so far.

We all know its coming… just a matter of time when?

Red,

Futures are strong this fine Sunday evening. Apparently last Thursday has been forgotten already.

Nice scary post by the way 🙂

Red, you are either paranoid, a genius, or a paranoid genius!

New Post – Weekend Update is up. Special Video – The Great Depression Two

I'm staying away from the 2 headed shrimp, for awhile.

Thanks for the info Isaiah… Probably just a rumor someone started. Let's hope they don't do something stupid like that.

I meant the “fake print” showing the 105.00 and 114.80 ticks…

my intraday charts are a complete mess with scaling all off

the weekly chart that I posted yesterday shows the setup
http://www.flickr.com/photos/47091634@N04/45890

should the gold line fail to contain the $SPX (1050 area) then it enters a major slip zone all the way down to teal (max contain) in the mid to upper 900's.

de-lever tick are where the operators liquidate their inventory, in this case @ a minimum SPY 105.00

% setup
#1
$SPX 3.6.2009 : 6.11.2009 = 43.41%
$SPX 6.11.2009: 7.8.2009 = -9.09%
43.41/9.09 = 4.77
#2
$SPX 7.8.2009 : 9.23.2009 = 24.25%
$SPX 9.23.2009: 10.2.2009 = -5.57%
24.25/5.57 = 4.35

AVG. of 4.77 : 4.35 = 4.56
#3
$SPX 10.2.2009 : $SPX 10.21.2009 = 7.98%
$SPX 10.21.2009: $SPX 11.2.2009 = -6.54%
7.98/6.54 = 1.22
#4
$SPX 11.2.2009 : 1.19.2009 = 11.76%
$SPX 1.19.2009 : 2.5.2010 = -9.21%
11.76/9.21 = 1.27

AVG of 1.22 : 1.27 = 1.245