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You were certainly correct re: volatility. I am a little confused as the drop came a day earlier which is what happened in April too. I can't say to get long. I can say we may bottom out May 6th for a small bounce but 1200 is gone for now. The nice thing about the volatility is there are...

Anybody willing to say the trend is down^^^^^\........

The fact that more selling came in after 10:15 is significant it means more sell orders coming across the desk thatn dip buying. Sayonara to the 1200's in the Spoos.

Funny but I was typing "nice little spike in the fear index there" and you the main bull was simultaneously typing it. Love it love it love it. HA!!!

Pretty decent sell-off. The selling for today is over but there is minimal dip buying. That behavior is being exhausted in the smallest timeframes for now at least until the first week of July. We may cycle and make a low Friday for the next few weeks. Have to wait and see what things look...

I actually never realized how funny you are. With the dry wit comes a wet hurricane season so I predict dow 20k...

What's today? Oh yeah May 3rd....

Yeah. The Greek story is the same---crisis/bailout, lather, rinse, repeat. However at some point and it is coming soon the market is just gonna go f*#k it and wallstreet goes on vacation but sell or hedge before they go. It's already happening with selling on the pops. The sustained...

Greece is just a face and name to the greater problem that exists in the failing experiment called "The Euro." Interestingly enough the plight of the Euro helped the US and by Proxy China who in turn helped the commodity rich nations such as Australia. The same old musical chairs issue...

Quote from DrPepper: My first response was confusion about the riots. If Greece is on the verge of default, don't the people realize that the government will have to cut spending and raise taxes? But then I realized that the same thing would happen in the US if the government cut...

Shoot a few molotov cocktails followed by cocktails. That's why their debt to GDP is so high. Foshizzle my nizzle.

04-26-10 12:22 AM Quote from shortie: the chart indicates that there is buying pressure until the end of may Lojanica May 6th shortie are you sure it is not 4/19? Um OK last time I was a day late. Maybe Mayday is May 5th?

May is but a day away. Any body who sold calls is laughing. LMAO.

I didn't say down I said expect we are at or so close to an intermediate top as to find safety in selling the pops at lower highs. But we shall see.

So the crack in the wall is showing. Nice air drop today which included everything. All asset classes involved. Is it Mayday. I'd say yeah. That is to say buyers are gonna be scarce and I think the sell signal is in with a head and shoulders formation in the making. Selling the pops is...

Um, Mayday?

Here we sit on support again. The increased volatility shows a toppy market but no mayday or May day yet. Tomorrow will be the test again. The call to sell calls has been the word. Word.

My timing has been spot on. I picked 4/16-4/19 as a cycle high which it was. I called 1185-1190 as the battle line which it was. I called for strength and a new high going into May. 04-23-10 04:25 PM Man oh man!!! Strength. Everytime there is selling the sentiment swings so quickly and the...

May 6th

Man oh man the bullishness is frightening. Every chart looks the same in every market in every country....