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Let's see if we can get some downside starting from around noon. Short at 98.

Short at 96.5 stop at 97.75. No pullback so could ramp higher but will take the risk reward ratio here.

If there is no pullback at the 97 area, we're going to see more upside. Last stand for bears.

It's much easier to renounce if you have dual citizenship, just renounce American one. If you only have American, much harder. With dual, you have a choice that is much easier. You can trade from anywhere in the world and the tax filing requirements are so much easier in other countries compared...

I think Volente's Tday should now stand for 'trend days'. At that 88 level, hold here and more up creep. Get below 87.5 and should see 82-83 minimum. Looks like up creep is winning now but never know.

No pullback before the close and might get follow through tomorrow rather than reverse as past days.

Something entertaining to kill the time during these boring days. http://www.youtube.com/watch?v=UZOsfdzv0_4 What he says at around the 2:30 mark pertains to the markets as well. "The table is tilted, the game is rigged but nobody seems to notice, nobody seems to care."

George Carlin had it right... http://www.youtube.com/watch?v=hYIC0eZYEtI

Holding that level so far but seems like they really want it higher. Let's see which side wins.

Not such a big deal. The point is, if you're overseas and have no plans on returning to the US, then there is the option to renounce if you have means to stay in another country. The filing and tax headache is not worth it if you have no plans on going back. If you're self-employed in another...

If 87.5-88 holds, should pull back to 82 area at least, if we hold above 87.5-88, we'll see more up creep.

Gap from last week filled. One more gap higher up. So far, nearly straight up almost 30 points.

Almost there. No such thing as coincidence in the markets.

If you're an expat and have no plans to return to the US, this is an option worth considering. http://www.reuters.com/article/2012/04/16/us-usa-citizen-renounce-idUSBRE83F0UF20120416

Thank you.

If they hit the gap and hold, have a feeling that it's going to up creep into the close as has been the pattern of late. Look at the magic hand at work today.

Last week Friday.

If they make a run for the gap and the 91 area holds, we should near the 81 area again. If it breaks, should see more downside for today. A big 'IF'.......

was looking at es gap but if cash gap fills, gap fulfilled.

81 area now support....gap fill could be hit by eod.