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I luv pain. In New York you have to pay for getting spanked. But you get it for free, when you trade.

I got rid of my TZA and bought some puts. Still short to the wazoo but only risking a very small % now. I am saving a ton of moolah on maalox and vaseline. Booyah!

Thanks Earl. I keep an open mind. However, I have to wince when I read comments that we gapped lower 2 days in a row so we will gap up tomorrow based on probabilities.

How are we defining those probabilities. The stock market is not Gaussian. If I flip a coin and get 100 heads in a row, I still have a 50 percent chance of hitting a tail.

The study of 'runs' is very interesting and has preoccupied minds much brighter than mine.

Thanks Sundancer.

I saw that IYT set a new rally high today. I'm not sure this thing is done, yet!

No doubt about it!

SPY currently has 3 consecutive gap downs, making it highly probable for a flat open or gap up tomorrow

bull structure remains intact after the $SPX danced with the 1176 area where max contain was @ on the 60 min. Given the amount of pressure building on that containment pt. it will likely be gapped below should the downward thrust be initiated.

It looks to me that the operators want a flat close for the week, $SPX 1180 ish?

Tomorrow is the 911th day after 10.11.2007 $SPX ATH
if you remember I pointed out the closing $DJI & $SPX numbers yesterday
$DJI -72.47 = -9.11
$SPX-6.99 = -6.66
tomorrow is 4.9.2010
4*9=36
Sum 1:36=666
Co-relational Date : Value

Looks like we might reach that SPY 119.35 #. Let me know if we get any other “fake” prints.

You saying you have commitment issues?

They are all winners!…… for your broker for sure. LOL

I got violated and abused by ms TZA and had to dump her. I hooked up with ms Puts. She was all sweet at first, but ……