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Bradley cycle for 2009 See attached.

Mup, thanks for posting. You read my mind! :) P.S. Bank of America just announced 30-35,000 in layoffs after the close in order to reduce redundancy from the Merrill acquisition. NOTE: "major" Bradley Cycle due this weekend!

Traded 868.73 SPX LOW before a bit of a 5-minute "bounce". Stay tuned! :D

Cal-Berkeley physicist and Noble Prize Winner (1997), Steven Chu just became the Secretary of Energy under President elect Obama. Should be a much more interesting Department given Professor Chu's background.

FYI: Resident ET Elliott Wave technician "Mup" had this move "nailed" and predicted it several hours ago with charts. :)

You could use a course in "Reading Comprehension".

After 4 days straight up and the energy sector, drilling sector, nat-gas, and coal and steel stocks recording 30-60% gains you are asking WHY the market is tired and selling off on a late Thursday afternoon?

That's pretty funny. The market didn't have a problem rallying on higher oil prices for most of the week. You obviously don't use any TECHNICALS when it comes to your understanding of market direction.

Market reversed the bullish rally pattern at 2:30PM from previous days . . . Big tip-off! :cool:

Seems like 5-waves down from the SPY intra-day high around 12 Noon into the 2PM low at 89.72

You obviously have not looked at the coal, steel, energy, or drilling sectors this week.

Better yet, what degree of correlation does the economy have with the equity market?

Ever heard of the phrase, "Trade the Market you HAVE and not the one you WANT?" Your comments on ET seem to fall into the latter. Meanwhile, energy stocks, oil drillers, fertilizer, coal and steel stocks are +35 to +60% in the past 4 trading sessions. Perhaps you should take a look at a...

International Harvester (HR) which changed its name to Navistar (NAV) in February of 2007 was in the Dow Jones from 1925-1991. It had a lot of financial problems, but did not go BK while in the DJI. It still trades on the bulletin-board "pink" sheets as NAVZ. Was frought with all sorts of...

Agreed. It could be easily proven ( or disproven ) by the SEC taking a look at whether or not natural sellers were involved in certain price data, or short sellers. Pretty easily done. I don't have access to that kind of data, do you? SEC Chairman Christopher Cox does, but for some...

In October of 2008, Hawaiian officials reported that they had personally verified the existence of Barack Obama's ORIGINAL birth certificate. "Health Department Director Dr. Chiyome Fukino says she and the registrar of vital statistics, Alvin Onaka, have personally verified that the health...

Let's face it . . . We got the WRONG Goldman Sachs CEO for Treasury Secretary. Paulson is not the sharpest "tool" in the shed. I would suggest that John Corzine is.

He's not the only one. http://www.elitetrader.com/vb/showthread.php?s=&postid=2196492&highlight=FAZ#post2196492 NOTE: The "FAZ" had a trading range between 60.50 - 89.00 on Nov. 26th when the person in the thread above "claimed" to have purchased the FAZ. Funny how his two "positions" in...

The markets were FREE, but not FAIR. No accountability, transparency, or oversight given the "Commodity Futures Modernization Act of 2000". Credit default swaps and Electricity contracts trading OTC and under the desk? WTI trading overseas in London and Dubai with no oversight, no...

The Fed has been "printing" money for most of this year, yet crude has collapsed over $100 per barrel and retail gasoline prices have dropped by 65% in ONLY 5 MONTHS! There is no DEMAND for money when T Bill rates are nearly ZERO. I think that you underestimate the current situation in the...