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As Elite Trader and I pointed out the transports in some posts about 2 weeks ago as well as the russell showed early warning signs to a near term top. As these were underperforming as some other sectors such as the SOX topping out about 2 weeks ago. Levels to Consider ~1330, 1317 (50 day...

If we had actual deleveraging in real asset prices gold would get crushed. Paper currencies/digital paper is junk and always goes to 0 fiat currencies never have tested time. Commodities do cycle and Gold will not go to 10,000 we will asset prices would be insane and the economy wouldn't...

I more drawing to the conclusion of currency devaluation around the world and gold in another form of currency. The other thing is to point out is the extreme disconnect between treasuries and equity prices in USD. Just showing how much intervention in the market there really is. I agree you...

Chart is self explanatory. Intervention Intervention Intervention!

If RB futs and CL futs keep going up it will really hurt numbers around the world and that will make the market go down. But with the FED buying ES contracts they will keep prices elevated. IF oil stays elevated watch out below. 2008 similarities.

Was looking on a daily chart of the net tick distributions and it almost looks like smart money may have been exiting in the last 3 weeks by the distribution of lower lows of down ticks and lower highs. (Ignore the red candle on the chart it represents the current day and will end upgreen like...

Look at the transports again having an ugly day. Continuing to diverge from Spoo's (ES) and the Yum's (YM). Im starting to establish a short position up at these levels with as the transports continue to weaken.

Cramer is an idiot I can't stand him. The only reason I ever watch CNBC is because of Rick Santelli. He's the only one who is actually a realist. Liesman and cramer should go jump off the roof.

Look at the transports are getting waxed today. That charted I posted a couple days ago really accelerating the primary trendline.

I'm gonna start loading up on MBS before the FED eventually monetizes them. I mean look at PIMCO and other buying up MBS's, something will come down the pipe to try and fix the housing market. I'd like to buy ahead of them so they can buy them from me !!

Only thing is this move is extremely parabolic. Buying climax in technical analysis. I would look for a correction when it does reverse. Buy puts they are cheap. Everytime I see parabolic moves like this they ususally end in a correction. It may be a shallow one but would I buy Apple at...

Look at this Daily chart of the transports breaking primary trend from october lows. Also divergence in all 3 indicators in this chart.

Look at the Volume in TVIX over the past week, it has been a lot higher than normal. Looks like people are starting to position in that. Volatility is cheap and traders will take advantage of the volatility. That volume on the TVIX is very interesting to me though, keep your eye on that.

Yesterday was interesting as the transports were weak while the broad market performed better. Sign of divergence as we approach resistance in the S&P. Also looking at the NASDAQ futures they have run very hard very fast. Becoming very parabolic just signs of caution if the NQ breaks it could...

I really think that technical analysis has been coming to light more and more. Fundamentals seem so odd, it is very difficult to invest when looking at fundamentals because many businesses have no vision and are concerned about the economy and realistically where it is headed. Trading technicals...

I don't hate the market I hate central banks for interviening in what is suppose to be the "Free Market" without the last LTRO and Fed Swap lines this market would have crashed and burned very quickly because of the underlying systemic problems however once again the system was proped up and...

Now is the time for Santelli to get in the race!

Yea, maybe the numbers are a little bit skewed.

I used to work for a futures clearing firm and I watched a client win 48 days in a row. And I knew it because I seen his account statments in our system. That was impressive. There were a handful of very profitable traders at the firm that I worked at. Lots of HFT trading at the firm. But...

Fed reducing swap lines and ECB doing 3 yr LTRO is basically supported the market. If they had not done that the EURIBOR would have collapsed even further and basically froze credit and a bank run would have began and the system would have crashed. But the Fed and ECB again saved the day with...