Yeah, but from the looks of today’s bear squeeze “today” might end up being the best day to go short. Just wait for later in the day as you and I both know that “if” they close at the highes there is a 90% chance of a “slightly higher” (or much higher) high the day afterwards.
That means tomorrow we could see a quick pop in the morning and then the real drop. It makes the most sense as both today and tomorrow the Fed’s have money to manipulate the market, whereas Friday they don’t have any scheduled. What a great chance to short at the open tomorrow… (assuming this is how it plays out?)
Wow… I guess there’s not going to be anymore bounces? Looks pretty bearish too me right now. Looking for a bounce later today to get short as I think this proves that the Fed money isn’t going to hold up this pig.
Good Morning everyone. I sent out the first email last night to all those subscribers. If you didn’t get it make sure you check your spam filter. Also, there were 11 of you that never “confirmed” the first email when you filled out the subscription form days or weeks back.
You need to “confirm” through that email as Aweber (the email provider I’m using) didn’t send out that email to those 11 people. Contact me directly at “red (at) reddragonleo (dot) com” if you have trouble. You might just need to re-fill out the form again.
Finally, if you want be to “text” you the HOT picks when I get them I’ll need your cell phone number. Right now I don’t have a wordpress plugin that will do the automatic texting to everyone at the same time but you’ll get a text and email once I get that setup in the near future.
For now, if you can’t figure out how to add your phone number, just email it to me and I can add it manually in the backoffice of my Aweber account. Sorry… I should have asked for that in the first place as I forgot how fast these penny stocks can move.
In fact, the one I talk about in the first newsletter edition I sent out last night, when up from .015 cent to .15 cents in one day! I missed it myself but I’m told it going much higher. However, we don’t chase them. We get in at the bottom for the first big move or nothing.
So, if I would have had everything setup and in place you (and myself) could have made a fast 1,000% gain in one day! Crazy huh? But, while it will likely still go up more, that opportunity has past.
The good news is that there will be many more 200% er’s, 300% er’s and the occasional 1,000% coming out almost every week in 20013. So if you’re not on the list you should be… if for no other reason then to just watch and be amazed.
—————-
Moving on to today’s stock market update… more choppy waters today is likely. Both today and Thursday the Fed will be pumping in $4.25-$5.25 Billion into this fat pig, but Friday has nothing.
My thoughts are that by the time we are around midday on Thursday the money will have been spent and at the same time all the short term charts will have lined themselves up together in an “overbought” condition really to rollover the rest of the day and into Friday.
Right now the 4hr, 3hr, 2hr, and 60min charts on both the ES futures and SPX cash are mixed as some are overbought and some oversold. Once they all get back in sync together we should see a nice move in one direction or the other… and from the “feel” of the market right now, it’s likely to be the direction called “Down”.
Yeah, but from the looks of today’s bear squeeze “today” might end up being the best day to go short. Just wait for later in the day as you and I both know that “if” they close at the highes there is a 90% chance of a “slightly higher” (or much higher) high the day afterwards.
That means tomorrow we could see a quick pop in the morning and then the real drop. It makes the most sense as both today and tomorrow the Fed’s have money to manipulate the market, whereas Friday they don’t have any scheduled. What a great chance to short at the open tomorrow… (assuming this is how it plays out?)
wow. thanks. Didn’t even check as they usually come out tomorrow
The December 14th’s are already available Anthony.
I’ll probably wait for tomorrow and pick up some weeklies
I think this is just a bear “shakeout” as I still see us going down the rest the week.
true
It’s nice to see SkyNet reading my comments (and doing the opposite of course… LOL)
Wow… I guess there’s not going to be anymore bounces? Looks pretty bearish too me right now. Looking for a bounce later today to get short as I think this proves that the Fed money isn’t going to hold up this pig.
EURUSD Resistance levels: http://niftychartsandpatterns.blogspot.in/2012/12/eurusd-resistance-levels.html
Good Morning everyone. I sent out the first email last night to all those subscribers. If you didn’t get it make sure you check your spam filter. Also, there were 11 of you that never “confirmed” the first email when you filled out the subscription form days or weeks back.
You need to “confirm” through that email as Aweber (the email provider I’m using) didn’t send out that email to those 11 people. Contact me directly at “red (at) reddragonleo (dot) com” if you have trouble. You might just need to re-fill out the form again.
Finally, if you want be to “text” you the HOT picks when I get them I’ll need your cell phone number. Right now I don’t have a wordpress plugin that will do the automatic texting to everyone at the same time but you’ll get a text and email once I get that setup in the near future.
For now, if you can’t figure out how to add your phone number, just email it to me and I can add it manually in the backoffice of my Aweber account. Sorry… I should have asked for that in the first place as I forgot how fast these penny stocks can move.
In fact, the one I talk about in the first newsletter edition I sent out last night, when up from .015 cent to .15 cents in one day! I missed it myself but I’m told it going much higher. However, we don’t chase them. We get in at the bottom for the first big move or nothing.
So, if I would have had everything setup and in place you (and myself) could have made a fast 1,000% gain in one day! Crazy huh? But, while it will likely still go up more, that opportunity has past.
The good news is that there will be many more 200% er’s, 300% er’s and the occasional 1,000% coming out almost every week in 20013. So if you’re not on the list you should be… if for no other reason then to just watch and be amazed.
—————-
Moving on to today’s stock market update… more choppy waters today is likely. Both today and Thursday the Fed will be pumping in $4.25-$5.25 Billion into this fat pig, but Friday has nothing.
My thoughts are that by the time we are around midday on Thursday the money will have been spent and at the same time all the short term charts will have lined themselves up together in an “overbought” condition really to rollover the rest of the day and into Friday.
Right now the 4hr, 3hr, 2hr, and 60min charts on both the ES futures and SPX cash are mixed as some are overbought and some oversold. Once they all get back in sync together we should see a nice move in one direction or the other… and from the “feel” of the market right now, it’s likely to be the direction called “Down”.