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He talks fiscal discipline but walks pork barrel spending for his own district. He is a bull shitter, plain and simple.

Free Wyckoff: http://books.google.com/books?id=VmENAAAAYAAJ&pg=PA21&dq=richard+wyckoff&as_brr=1#PPP5,M1

It's right before the weekend--how can that not be right? :-)

Head and shoulders intraday

That inverse head and shoulders was a sign to tighten stops. EDIT: NOT an inverse h and s--just a regular one. Surprisingly, the selloff in the 10 year note did not lead to a significant pop in the ES and NQ (though NQ has been stronger). Not sure if is a trend sell day--still see this is...

PP would appear more likely than new lows for the day--bet accordingly. :)

This does not look like a stepdown day to me--it looks like a rangebound outside day. Intraday, I see no reason to buy unless price vaults above and stays above the previous day's low of 893.50 and the volume-weighed average price, which so far has proven to be strong resistance,

A Wyckoff spring (failed downside breakout) at the opening range low (around 10:35 EST) implies a retest of opening range high.

:)

If yesterday's low serves as support, then the PP will be hit (unusual for it to be missed two days in a row).

When was Russia NOT a slave labor country? It was certainly under the czars, even after Alexander I's decision to end serfdom, and of course under the Soviets, but are you denying that the USSR made remarkable progress between the end of WW1 (during which the country was so messed up that...

Your opinion means nothing to me, since it is based on no facts. Please point out my errors, and explain how my conclusion that the USSR was "morally bankrupt" makes me a "pro commie". Details, please. I'll give you one more chance before putting you on ignore. You seem rather...

Unemployment went lower than 18%. Again, check your facts. The Soviet Union was a great economic success throughout the end of WW2. Compared Russia in 1905--a backward laughingstock of a country that lost to Japan--to the USSR in 1939, and the change is significant. Russia became a world...

Oh, I see--communists control the NY Times and the Nobel Prize committee. LOL. Only at ET.

It's RAP, not WRAP. Where's your evidence? Let me guess--you don't have any.

LOL--do you even know what communism is? Do you have any evidence for your assertion? Something to the effect that the workers sooner or later will seize the means of production, and abolish all religion and government.

A failure at the previous day's high suggest a chance that the previous day's low will be targeted (not necessarily touched, but targeted); If R1 fails, then S1 is probable. If S1 fails, then R1 is probable. Enough already. I'm supposed to be on vacation.

Daily pivot point= average of yesterday's high, low, and close. Failure to penetrate decisively at yesterday's high suggests test/touch of daily pivot; Failure to penetrate yesterday's low suggest test/touch of daily pivot; If pivot serves as support, target yesterday's high; If...

Let's just say the 918 zone. Even 919-920 would suffice as a downside target. Pound wise is better than penny foolish. :-)

My history is based on facts, not ideology. Between 1933 and the start of WW2, GDP significantly increased and unemployment significantly decreased. Don't take my word for it--do the research yourself. May I suggest the Statistical Abstract of the United States?