Red

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Hey Red if the market drops big what do you think will happen to the penny stock?

Doesn’t look like it Anthony.  Monday is of course a “daily” eleven day as it’s the eleventh and many tops are put in on eleven days, so that could be the top.  Then Tuesday is a “yearly” eleven as all the digits add up to equal eleven, so it could happen then too.  Either way, a top is near…

Here’s a 2nd huge bet of a big move down coming soon, and this one is against the banks…

http://www.businessinsider.com/art-cashin-on-big-vix-bet-2013-2#ixzz2KCXQGgBD

This one along with the one earlier on the VIX is raising the odds on the 10% correction I believe…

http://www.businessinsider.com/art-cashin-on-big-vix-bet-2013-2#ixzz2KCXQGgBD

APPLE Update: http://niftychartsandpatterns.blogspot.in/2013/02/apple-chart-update.html

FORD Chart update: http://niftychartsandpatterns.blogspot.in/2013/02/ford-chart-analysis_8.html

S&P 500 Analysis after close: http://niftychartsandpatterns.blogspot.in/2013/02/s-500-analysis-after-closing-bell_8.html

Big Bets like this are usually insiders, who are usually correct!  Nice timing with Legatus huh?

http://www.businessinsider.com/art-cashin-on-big-vix-bet-2013-2#ixzz2KCXQGgBD

Which is why I took a small short Bill.  I just don’t know for sure what they have planned here?  I’m going short basically just on the meeting starting, maybe a little also that there is a “New Moon” this Sunday, and that the year of Snake starts this Sunday.

The charts are worthless as we’ll been overbought forever now it seems, so that’s not a primary reason for me to decide to go short.  Not that the spiraldates.com dates always work but when lined up with other events the 5.5 reading on the 10th also points to a turn.