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Right again Mup! Ooops! Spoke too soon. :(

Good work guys! One hour left in the session. SPY just held the .618 retracement of the "bounce" at 91.47 :)

Do you actually TRADE for a living or simply watch CNBC and post day after day on ET? Look around the marketplace . . . No volume, just like yesterday afternoon. Buyers strike, with some selling.

The BUY might be heading into today's close, or just after the initial reaction to the Unemployment Numbers due out tomorrow morning . . . Once again, lots of low volume in many of the stocks I watch . . . Seems like a "Buyers Strike".

Oh, so you are a TRADER now? Too funny. :D

900.00 ES = .618

Mods, please move this thread out of the TRADING forum. Thank You.

Excellent work Mup! 50% retrace gets you roughly to 920.50 on the ES. Let's see what happens down around here.

954 SPX with 20 minutes left. Wow! :eek:

Really now? And that is why the market has been rallying hard for the past week, leading up into Election Day with Obama maintaining a huge lead in the polls? You need to "check" yourself, Bro. Your logic is flawed.

Why do you care? You don't even TRADE.

Gee, where have I heard this before? It sounds familiar. Very familiar. :D

Very true. Sounds just like our resident "cut and paste" ET buddy, S2007S. Typical ET. :D

Understood. But the "pattern" of spending during the Bush Administration has been shocking to all fiscal conservatives . . . Besides, wasn't Georgie responsible for the Medicare Part D Plan, which added yet another massive Government entitlement to our budget?

I guess he enjoys leaving his kids with $11 TRILLION of NATIONAL DEBT . . . a ton of which is owned by the Chinese. Yet Bush & Company pride themselves on being tough on National Security. Go figure. :(

So many people here on ET think that he is the "greatest" . . . but as I have been saying for quite some time . . . in my opinion, he doesn't trade. His interviews in front of the financial television media are quite telling . . . as is THIS one on Bloomberg. His name is used to market a...

His birth certificate has been verified by the Director of Health for the State of Hawaii, along with the Registrar of Vital Statistics as being the original birth certificate on record. http://www.kitv.com/politics/17860890/detail.html?rss=hon&psp=news

. . . Like you've never seen it??? Tell me, how old are you? Were you trading back in 1980-1982? How about 1973-1974?

About to complete small iv of Wave (3) ( with a push higher on Monday to complete small v ) before yet another move to new lows . . . or will this Wave 4 become more complex and get strung out in time? FYI: November/December is historically speaking . . . very strong seasonally! 700 PAGES...

Mup, For my weekend analysis, can you provide an "intermediate" chart of where you believe we are now, once we finish this potential 5th come Monday morning? Your Triple 3 Waterfall Pattern Chart posted below. Thanks!