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... Red Dragon Leo

Never ceases to amaze me how well timed leaked news is…

... Douglas Lautenschlager

Got to LOL @ how things are planned… @5am this morning while I’m watching FBN, all of the sudden they come out & say: wait wait wait, an agreement letter From Greece accepting most of the bailout terms was just leaked.
LOL, ya mistakenly LEAKED 😉

... Geccko23

Quetzi and Jupiter basically near conjunction right now while a near full moon is rising nearly opposite to them. (in a couple of days). Actually in a few hours the moon will be entering Cancer and then be joining in the Mars-sun-Rahu T square and then move on to the Pluto-Sirius opposition. All of this concurrent with a Greek default.

Tomorrow, 7-1 will be a disguised 6-11 and a 77 as well.(7-16). GO SLOW on Cielo!!! (16763 days ago).

Maybe, they can postpone things until the referendum over the weekend but I can’t see the Greeks voting to leave the euro. They still need to make it to the referendum while their financial lifeline has been yanked and with capital controls in place and banks closed, they have the apparatus in place for an “exit”.

LeBron and LOVE opting out of their CAVS contracts basically 1818 days from the DECISION or 259+ weeks later. (from 7-9-10)(16-10)

Germany eliminated from the Women’s World Cup by the US today, 52 weeks from the US’s elimination from the Men’s World Cup by the Belgians,( “IF It’s Tuesday, It Must be BELGIUM”).

... Red Dragon Leo

I’m not an EW person but today looks like an ABC wave 4 up, with yesterday being a large wave 3 down. This implies a 5th wave down should happen tomorrow. But again, I’m not a pro in EW counts.

If this happens then expect the “unexpected miracle” (this happens a lot in WallStreet World) like some Greece deal to spark a big short squeeze. In fact I wouldn’t be surprised if we didn’t rally up to put in a new all time high of 10-15 points over 2134 SPX by Monday of next week.

I’m NOT saying that’s going to happen but it won’t surprise me. If it happens I’ll be the only bear left around that will STILL be expecting a 3 week drop that will scare the horns off all the bulls and feed the bears for many months.

... Red Dragon Leo

I’m thinking that we could “possibly” have one more move down Wednesday and then up into Thursday to complete either then or Monday? If Monday i don’t think it will rally much higher then Thursday’s high. If we bottom today then I see Thursday as a more likely high day. Basically I think we are going up to 2 strong days and one pause day at the end of the rally.

... Douglas Lautenschlager

looking to trim 1/2 my VXX….reload Thursday

... Red Dragon Leo

I’m not expecting any obvious setup to show up today. After yesterday’s beautiful bear day we should have some kind of bounce, but it should be choppy. Early up moves will likely be met with some trapped bulls selling. So we could go back down some as easy as going up.

Today is a day to just set on the sidelines and let the late to the party bears and trapped bulls fight it out. Once done though we should see a move up into Thursday. How high is unknown but if they get something positive out of Greece about a deal then I’d expect a powerful short squeeze.

Personally I’d love to see them fake out the bulls and scream this pig up one more time to make a new high where they take out all the bears and get the bull bus fully loaded. Then drop the ball over the weekend again with the Greece deal and start the 3 week down move next Monday with all bulls trapped and no escape.