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So far, so good! :)

Gasoline futures jumped another 8 cents today. This is what dragged crude up.

Looks good so far. :)

Is this the quote from yesterday that you are looking for? :D "VALERO is loosing its MoJo. Big reversal bar in the making." Notice that the poster stated that it was in the making. Had VLO taken out the previous day's low at 63.86 this would have been true, a reversal bar would have...

What is Obvious..... is obviously Wrong. :p

Agreed, except over on the NYMEX. :D

As someone that traded stock-indexes for 10 years on the floor ( along with one year on the COMEX ) I would tend to say that the above is a fairly accurate statement. However, the NYMEX is all about spread trading. Thus, while you do have a few locals that trade "outrights" it pales in...

As I indicated on Page 5, a target for Wave C could be as shallow as 1342 if you get a simple C=A "measured-move". :)

Look for a 3 day rally of roughly 31-32 SPX points off of yesterday's "pullback" lows at 1414.05 that takes the S&P back up to the 1444-1445 area before the B wave peaks. :)

Look for a 31-32 point rally in the SPX off of yesterday's lows at 1414.05 over the next 3 days that targets the 1445 area that finishes off this "B" wave retracement before heading back down.

NYSE Posts 7-11 are out. Not the whole exchange!

Just a technician. :)

VALERO is loosing its MoJo. Big reversal bar in the making. :eek:

Do yourself a favor and forget about looking at Reuters. Try going to the SEC/Edgar website and looking at the actual Form 4's, and be sure to read the fine print. :)

Incredible insight! Once again, you take the CAKE for 38 POSTS on ET and there still are 2 hours left in today's session . . . You wouldn't happen to have an alias by the name of "S2007S" would you? :D You work too hard on ET. Baron should give you the day off! :p

You must be on 20-minute delayed quotes! :D June S&P currently at 1436.00

I would agree with the ABC pattern. The "B" Wave has obviously peaked. A simple 50% correction in the most recent run-up gives me a short-term target of 140.28 on the SPY or 1401.50 SPX. ( a 38.2% retracement targets 1410.33 SPX ) 10 day MA on SPX = 1418.06 21 day MA on SPX =...

A simple 50% retracement of the SPY targets: 140.28

"White House denies rumors of attack on U.S. ship"

Just printed down to 1431.00 and back up to 1438. All in a couple of minutes. Crazy!