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One of the more intelligent posts on this thread. And as usual, the Mercor's and Lucrum's basic knowledge of the subject matter pales in comparision to everybody else. I don't believe that I have ever seen anyone know so little... about so much. These guys constantly voice an opinion...

Exactly. And there is nothing that UPS or FDX can do about it.

SPX back above 1004. And crude surging! :)

Correct.

Literally 6 days down in a row in the OIH and we closed right at the 40 day MA at 101.30 Very critical level here.

PTEN short interest now climbs from 13.8% of the float to 14.1% ( 21.2 mm shares ) as of 7/31. I might just have to play this from the long side for a 3.5 point move up towards $17.00 Can anyone say Hurricane Season? :D

Not sure Mup, but this is the FIRST time in many many moons that I can recall that there were outright SELLERS pressing the market lower with 15 minutes to go to the close. Interesting.

I think that Vehn makes himself pretty clear here. Your move.

DAMN... I LOVE THIS COUNT!!! :D

Some VERY LIGHT volumes today for sure.

:D PTEN coiling like a "spring" and finding some support off the 40 day MA??? Or is it simply too early to tell. Short interest out today after the close for NASDAQ issues like PTEN.

I am certainly leaning that way as well KOOL, because it would catch a lot of guys "out" for sure! Mr. Market should show his hand here in the last hour of trading. :)

Of course he's on mind-altering drugs . . . He's stuck in Bellevue Hospital for Christ's sake! :p

First off, Rachel Maddow never ran for political office, let alone was running for VP of the United States of America. Your analogy is not even close. The Sarah Palin apologists are too funny. Care to show me in the legislation where it talks about "Death Panels"??? Please be specific.

You obviously don't understand that Americans spend $2.6 trillion on health care annually and that .50 cents of every $1.00 that Americans spend on their health care goes to the medical billing "paper-chase". A practice in Seattle appears to have come across a very realistic business model...

You really have quite a "fantasy" life, don't you? How have they been treating you in Bellevue lately?

Poor Dr. Jerk-Off... I must have hurt his feelings to point out that he has nothing better to do in his pathetic little LIFE than to post 19 times last Saturday. :D

EW bloggers now see a (1) and (2) over the short-term and are ALL looking for the (3) down to start right now... :D

SPY retracements from yesterday's close to this morning low: .382 = 100.04 .500 = 100.22 .618 = 100.40 Note: Just traded 100.02 C = 85% of A thus far today.

Looks like we are trying to put in a double-bottom on the short-term one minute SPY chart here.