They are clearly holding this market up for a reason. What the reason is… is unknown? It could be Obama's health care plan? It's really hard to predict why, or what is the reason behind it… but it's very dangerous to not allow a correction from time to time.
Eventually, this market is going to crash hard. And no amount of government manipulation with the dollar is going to save it. Too many bubble's… something will give.
I do accept that failure in TA patterns is best way to cause a squeeze (long or short).
but there is a danger of a stampede event that can happen in case this plan is tipped too much on one side.
Right now bear have nothing on their hands. Breaking of bond bubble is a great fundamental point bulls are holding. and no one has a IOTA of a clue how tittered bond investors may react to bond bubble bust.
Imagine muni bubble busting. whom government saves stocks or munis ? of course munis.
I saw the beginning of the down slope, but the most recent candlestick was up today, and I really struggle with the subtleties of $RUT:$RVX, so I closed my eyes and moved on 🙂
TNA is a HOLD (wait for a possible SELL-IF signal after the close on Friday, for a possible sell at some point Monday). Today was a White Candlestick, indicating a normal up day.
TNA is now up 47% since the buy signal on Feb 9th. TNA was $36.69 at the time, and closed today at $54.20.
TZA is a WAIT (wait for a possible BUY-IF signal after the close on Friday, for a possible buy at some point Monday). Today was a Black Candlestick, indicating a normal down day.
TZA is now down 34% since the sell signal on Feb 9th. TZA was $11.04 at the time, and closed today at $7.29.
in the market ***if*** the $VIX closes below 17.95, but i don't think that's going to happen given the operators actions in the $VIX all week
remember on Monday when the operators gapped the vix up 3.5% while the markets opened flat, well that wasn't a coincidence, while the $SPX has climbed higher all week the $VIX hasn't even come close to taking out it's lows since last friday
Mid term election.
They are clearly holding this market up for a reason. What the reason is… is unknown? It could be Obama's health care plan? It's really hard to predict why, or what is the reason behind it… but it's very dangerous to not allow a correction from time to time.
Eventually, this market is going to crash hard. And no amount of government manipulation with the dollar is going to save it. Too many bubble's… something will give.
I do accept that failure in TA patterns is best way to cause a squeeze (long or short).
but there is a danger of a stampede event that can happen in case this plan is tipped too much on one side.
Right now bear have nothing on their hands.
Breaking of bond bubble is a great fundamental point bulls are holding. and no one has a IOTA of a clue how tittered bond investors may react to bond bubble bust.
Imagine muni bubble busting.
whom government saves stocks or munis ?
of course munis.
Dreadwin,
I saw the beginning of the down slope, but the most recent candlestick was up today, and I really struggle with the subtleties of $RUT:$RVX, so I closed my eyes and moved on 🙂
One thing you may have missed:
$RUT:$RVX upper bollinger band is now (as of today) sloping down. Time will tell how significant that is.
melt down. in market
The view from Americanbulls
TNA is a HOLD (wait for a possible SELL-IF signal after the close on Friday, for a possible sell at some point Monday). Today was a White Candlestick, indicating a normal up day.
TNA is now up 47% since the buy signal on Feb 9th. TNA was $36.69 at the time, and closed today at $54.20.
TZA is a WAIT (wait for a possible BUY-IF signal after the close on Friday, for a possible buy at some point Monday). Today was a Black Candlestick, indicating a normal down day.
TZA is now down 34% since the sell signal on Feb 9th. TZA was $11.04 at the time, and closed today at $7.29.
Summary: The candles today changed nothing.
in the market ***if*** the $VIX closes below 17.95, but i don't think that's going to happen given the operators actions in the $VIX all week
remember on Monday when the operators gapped the vix up 3.5% while the markets opened flat, well that wasn't a coincidence, while the $SPX has climbed higher all week the $VIX hasn't even come close to taking out it's lows since last friday
“a melt up next week”… in the VIX or the market?
the operators did this charade to the QQQQ's during the 08' top
week of 5/12/08 50.01
week of 5/26/08 50.01