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Thank you Sir. :)

Ahhhhh.... JEALOUSY really sucks, eh LOSER? I called the SPX high within 3 points, and now the SPX low by 5 points. Perhaps the orderlies at Bellevue Hospital can give you a lollipop to suck on tonight after your meds . . . :D

Thanks! The SPX just retraced 61.8% of the move off of the lows back to 1482. Put in an intra-day double-bottom and is now powering higher!

Category 1 right now I think. Could move to 3 or even 4 over the weekend . . . all depends on whether or not it heads more West into the Yucatan Peninsula, or comes back in a more northeasterly direction towards TEXAS. Nat-Gas drillers could be a great play tomorrow heading into the Weekend...

Jeff, as I posted earlier this week there was a classic "measured-move" target of 1375. First leg down was 128 points to 1428. Rally back to 1503 high. 1503 - 128 = 1375 Bingo! :p

I mentioned this "measured-move" target to Pabst and Longhorns over a week ago via e-mail. The counter-trend high at 1503 gave you the necessary info to look for atleast a .618% ratio of the initial leg down (to 1424) or a full "measured-move" target of 1375 which equaled the first leg down of...

Thank you Sir! :)

You must be a noob. E-Trade has HUGE exposure to mortgages. :D

Measured-Move complete at 1375. Now going long. No more shorting. 1556 - 128 = 1428 initial low. 1503 - 128 ( first leg down ) = 1375 Bingo! :p

First leg off the highs was 128 points. Subtract 128 off the counter-trend rally high at 1503 . . . 1375 Measured-move complete. Am done playing the short-side. :)

Measured-Move complete at 1375.00 the second leg down off the 1503 high now equals the first 128 point leg down. at 1375

You mean CNBC didn't tell you about the BIG rally? :D

Getting there . . . SPX: 1387.34

Any names? Can you be more specific? Otherwise, your point is worthless.

Good strength off the backs of Nat-Gas early in the session then gave way wheny when NG reversed and collapsed. . . then the broader market collapsed with it. Talk about VOLATILITY. Solid EPS upside revisions are in the offing, so says Goldman. Hurricane Dean is still too early to tell...

Talk about a freaking REVERSAL today. Wow! :eek:

Getting there . . . SPX: 1406.70 :)

It's called a "buyers strike". Everyone stepping aside in the last 90 minutes . . . No bids.

Heading into the 4:15PM close they are building a pretty solid amount of premium, currently at 8 points with 3 minutes left to the close.

Can you post a link to what you have stated? I thought that the management fees were "waived" for the $3 billion dollars that just came into the mortgage hedge-fund that was reported to be down nearly 30%. I would be highly surprised if these new "terms" effected more than just a few...