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10 am numbers reversal? or breakout to the upside?

could u explain? not so clear on those correlations

globex mid holding...just...barely

the politics of it seem "off" but maybe so...

I agree. I closed my long spreads at the close today and have regretted it since

that was a surprise, yes. perhaps there are just too many shorts...

curious, why do you say that rally can continue only if they gap it up again over the 2010 close? why is a continuation of the rally dependent on another gap up?

still short. yawn [OMG! MARKET JUST DROPPED 3 TICKS. THEY CAN'T LET THAT HAPPEN, CAN THEY?]

short 41.50

not really seeing that with trans

Q: Both $INDU and $NDX are > last year's close. Who thinks $SPX is going to retrace in a serious way (e.g., anything < 1200) before testing its 2010 close?

+6 ticks. woohoo

Does anyone remember what bit of news ALLEGEDLY precipated the selloff gap down after the close of 11/8?

you're the only person on this board, it appears, who has traded with the trend. interesting.

lol +1

yes, and under normal circumstances, he'd be right--but these are not normal circumstances. that's life. most of the time, normal wins--and so do people like wave, who know their methodology and stick with it.

the shorts are driving it higher

you may wish to consider a generous stop on that...as i see it, the potential short zone begins at 1241.50ish just fwiw...not that i have a genuine clue about anything...

good point but ... pnra and nflx? why?

i think satchel had the best line on this...the good news was getting a bit "thick" beyond that, i don't see any great significance to the fact that we're churning here