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Why..........I've been paying taxes. Gotta help pay for two aimless wars and a slug of bailouts et al. In contrast to the Chinese, "they" don't have to pay me back. As I write, the 20 day Average True Range of the spider is the lowest since July 25, 2007. Quarter of a decade...

Pretty good set of rules, John. Particularly the 90% threshold for institutional satruration. I'd include seasonality. Institutions trying to play catch up for a lackluster year. Taking the bait. High short interest is identified prey to the ax. Predictable, especially when...

Presently, the 20 day ATR of the Spider, a good proxy for the S&P 500, and ,in my opinion a more relaible indicator than the VIX, is the tightest since Halloween 2007. Sooner or later we're going to get a move kiddies. Direction remains to be seen. My own pet advance/decline oscillator is...

The probability of three consecutive closes in the same direction is what. 12 1/2%? Obviously, price has been defying statistical expectation. Not something to flirt with. Regardless, it's not a short. Might have a little turbulence getting through $30.

Buy on the rumour, sell on the news is a time-tested adage.

Shhhhhhhhhhhhhhhh DON'T wake him up.

WHAT? You didn't like that chart? Too steep? Let's try one since inception:

Really? Impulse, eh? Here, try this: As a sidenote, I was around at the secular bottom in the bond market circa 1981. I willing to wager YOU weren't.

Option expiration, the third Friday of the month, has an upward bias beginning the second Thursday of each month. Threory suggests that to get calls assigned to new shareholders. However, "that" doesn't benfeit the CBOE (the biggest den of theives) other than transaction costs and token...

Pssst, I've got news for ya, manipulation of one form or another occurs in all issues. There's generally deception below the surface in accordance with inventory posture and agenda. That would include shakeouts of weak hands. The volatiity you're experiencing is a reflection of the...

1. ADX breaking above 20 (from below) 2. Alligator indicator resolves 3. Guppy moving averages expand 4. 20 day frqequency distribution on a spreadsheet, rearranged in decending order, thus making a straight line from a choppy one and approximates one month's support and resistance...

It's ONLY been trading for (4) days. Not even a week (not to be confused with weak) 1. Who's got the inventory? 2. What are their intentions? Keeng of shorts. Must have something to do with underwear.

Really? The orginal intent in 1913 was to buffer booms and busts with two mandates being 1. Stable prices. 2. Full employment. The Fed has indeed failed in both regards. In recent years 5% is accepted as full. As for prices, I use the Hershey bar as an example, It remained at 5 cents...

Well, with 8 thousand posts in 3 years, I hope Landis is right. I'd hate to think of all that wasted time IF being right wasn't the case. The operative 2 words in your second sentence is "I lost". Got it? I doubt it. Lastly, contango works both ways and the adage that "the early...

Pre-mature ejaculation. Stated another way, until "you're" below $89.44 (2.5 ATR), you're not even at the gate and congestion's resolved. The fascination with shorting is, itself, fascinating.

Sissss, seasonality. Fresh powder coming in for the beginning of the month. Friday the 5th,.......... it'll "all" be in. Raging bull markets don't have 31 new 52 week highs (and 2 new lows). Do I use Clairol? Only my hairdresser knows for sure.

"only" is a strong word. Should be used sparingly. One of the most blantantly basic of concepts is that volume is comprised of TWO elements, each with opposing opinions/agendas. Every amateur zit that's buying into a rising price on rising volume is disregarding that............someone is...

No shit, and that's why it's entertaining. Kinda like.........like............like.....watching cartoons.

Help me out. There's just one thing I need to know: Do I bow OR curtsey when I enter a room YOU'RE in?

Entires are no more difficult than ordering a pizza. Exits are where your money is made (and tax liability incurred).