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Nice analysis. My numbers are a little bit different but, hey, whatever. The one thing you don't mention is seasonality, which is extraordinarily relevant starting Monday. If there is a PPT, do you think they'll let the market tank now, thus demolishing the holiday shopping season, with all...

yes. opex

I can never see these things to save my life. Where's the head? Where's the neck? Where's the navel? It reminds me of constellations--Cassiopeia's ankle, see it?--or something

closed trade for 1 pt...getting tired now

LADIES AND GENTLEMEN, MR. MARKET PROUDLY PRESENTS... THE SANTA CLAUSE RALLY! [LONG 1208...STOP 1190...TARGET 1300]

days' low holding by its fingernails 1192 here we come? [edit: 1206.50 finally hit. could it be...??????]

in the "old days" of two or three years ago, no. in the "modern era," where afternoon reversals are rare, yes

if we break down, next stop 1192

having said that, i think you're right ... not quite ready yet-- but it's a-comin'

Yes, it was 1206.75 ... 1 tick above my expectation

if you use a finer resolution i think you'll see a momentum shift

1206.75, close enough

next stop, 1206.50

There's a gap to be filled about 4 points down from here. Once that gets hit, I'll be looking to get long

spot on.

very helpful. thanks. will incorporate this and the other stuff when i begin the big push this weekend through thanksgiving week

Y'know, that's my problem with this one. Yes, tactically, it's smart but, from the discussion's standpoint, it's not quite honest. I like the big quote, but I'm not so sure about the video

yes good point. that quote's the bell-ringer. thinking i should post this video on the yet-to-be-launched "resources" page, as the news page is probably most useful if it keep track of news-as-it-happens. hope to have that all set up by this weekend i sense a definite, if temporary...

I just posted a beaut about EC's desire to apply its proposed FTT to transactions outside the Euro Zone--including Britain and the US. (Lotsa luck) http://financialtransactiontaxes.com/Financial-Transaction-Tax-FTT-News.html

I've been looking myself. Even emailed a Swedish cousin who works in finance in Stockholm...