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Good job

WE should get some kind of bounce right here. Jeez

http://stockcharts.com/h-sc/ui?s=$NYUPV:$NYDNV

Hip hip hooray!! Got your farm back now?

Covering some of my puts here since the VIX is so high.

1:34 CST
Now @ the White TL that held the SPY during the Jan. High

Carl just sold long unit at 1129.50

1148.75 – 1129.50 => misery

At this point Carl would probably agree with you. From what I can tell, he thought the 1148 area would hold.

One wonders though how big the 1148 area is. /ES dropped to 1133.50 and no word that he sold. Perhaps he did & I just haven't gotten the word yet.

SPY 114.00 is where Bright Red containment is @

Last containment pt. before the bears win the 60 min TF

12:58 CST Update of SPY daily Containment

Gapped below the twin containment pts. @ the open, then succesfully back tested them in the 1st hour

Right Now just hit max contain (teal line)

Next checkpoints are circled
http://www.flickr.com/photos/47091634@N04/45841

That trade was up around 8 pts. A trailing stop and a breakeven stop would have been deliciously kosher.