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Carl at day’s end:

1188-1200 estimate for today (12 points)
1190.50 -1195.75 actual today (5.25 points)
Today was in Carl’s range by 2.50 to 4 points.

Trades: no trades today

Grade: C (lost no money)

Still in cash.

SPY turned over a considerable amount of volume given the .45 range 105,000,000 @ the close

In our dreams 🙂

Yeah… they've been wrong just as much as they've been right. It really boils down to what Government Sachs wants to do. I wish there was some insider, that works for GS, that would come post here and tell us what they plan to do next. That would be nice.

I really wonder how often these guys are right. I remember when Tim (second guy) was calling a top in the S&P at 1018.

Anna just posted a link to Mr. Topstep.

http://www.youtube.com/watch?v=UGTDfnU_ZNY

I used to watch their video's all the time. They are calling for more upside… 1234-1236 spx

Can you say… “Elimination of a Species”

$SPX
we're 66 days from the 2.5.2010 low & 14.81%

7.8.2009 low : 9.23.2009 high 77 days 24.25%

11.2.2009 low : 1.19.2010 high 78 days 11.76%

last 3 downward thrusts
5.57%
6.54%
9.21%

Yes, makes sense.

Hey girl not all of them play out….for sure I don't trade off of them unless I see that the tape has not gone near the amount of the false print