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weak buying acceleration into the close ... sufficient to trigger one last blow?

ok, the gap we've already filled.

which gap?

and this ...

apple's home page

there will never be another, not in our lifetime

bingo. and that is why it will go into effect, first in europe, then in the u.s. eventually, of course, it will be repealed -- after domestic capital markets have been decimated, resulting in a net decline in tax revenues. but that will be 20-30 years from now.

well, well, well ...

watch what happens at the opening price. that will tell the tale ...

The momentum, to the extent that there's been any, has been to the upside.

i beg your pardon?

ready for the huge reversal?

Happy New Year, all! Who's ready for the jolly Rosh Hashanah/End-of-Quarter-Markup Rally?

looks like everyone's ready for bernanke to scare and depress the hell out of them ...

there are no afternoon reversals in the modern era. well, besides yesterday.

Thinking about this. Well, I can't argue with that on its own merits. But this does reinforce, for me, the limitations of TA as a predictive tool. What we have before us is a roadmap, of sorts, one that lays out a number of scenarios and assigns a rough probability to their realization based...

So no one here thinks we'll test the underside of the trendline from the March 2009 low (broken 8/01 or thereabouts) before wheeling into the abyss?

Couldn't agree more about the euro "wanting" to go lower. But I don't see that particular desire being sated anytime this week, do you?

Generally, no. Right now, however, it's all about the dollar. So, yeah, I keep a close eye on eur/usd. having said that, my guess is that we'll have a buystop run to new highs within moments of the close ...

hard to see much upside progress from here unless eur/usd busts out of this consolidation box ... lots of buy stops beckon, but big headwinds at the moment