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Or . . . Did the end of Wave (A) top earlier this morning at 996.68 at 10:40am and we spent the rest of the day tracing out an (a)-(b)-(c) with Wave (i) to the downside occurring in the last half hour with part of a Wave (ii) retracement up to the close. Maybe a GDP "pop" off tomorrow's...

I've noticed from reading a lot of their research in the oil and energy patch that they make a lot of what I would call "relative" calls . . . Such as neutral to underweight on COAL while bullish to overweight on NAT-GAS. Then, 2-months later there is a change towards more "oilier" names and...

GE closed today at $13.15 God Bless America! :)

Given that the capitalization of the S&P 500 has increased by $2.7 TRILLION DOLLARS since the March 9th low . . . and you haven't made a dime, I think it's pretty clear that Dr. Jerk-Off is the DUMB money.

You are making the assumption that Cesko actually trades . . . Not a very good assumption to make.

You do realize that Citi trades 1 BILLION SHARES today???

C of (iv) just came down to 38.2% of (iii) of 5. Could come down further to 982.65 for 50% or 979.35 for 61.8% retracement. GDP tomorrow! :cool:

You must have FAILED at BASIC MATH. Under 8 years of Bush, the Dow Jones declined > 2,600 points. Bush sworn into office: 1/17/2001 Dow at: 10,584 Bush leaves office: 1/20/2009 Dow at: 7,949 Dow (loss): 2,635 points. Just the FACTS. :p

Yes, he does.:D If you haven't noticed, 95% of his posts occur in the "Politics & Religion" forum and he gets paid .25 cents per post. If he starts a thread in this Forum that goes over 10 pages, he gets a bonus of $25.00

Speaking of proctologists, are you still working in the Napa wine country?

Bingo!

Since the March 9th lows. I'd call that a pretty good "stimulus" plan. :)

Pretty good SELL-OFF that started in the SPX here at 3:30PM Eastern, eh? Is this (iv) of 5 ??? :)

You watch too much TV. :) Bid to Cover was 2.63 That's all you need to know.

Oh, so now you are looking for a "blow-off" top after all of your BEARISH cut and paste articles for the past 200 S&P points? :D

Yes, I thought that it sounded awful familiar.:D

S&P back up to nearly 1000. Dow Jones has rallied +1300 points since Inauguration Day . . . The train has already left the station indeed! Who's the leader of the GOP again? :p

Nice 3 day consolidation with yesterday's late rally out of the ABCDE. Nice call guys! :)

:D

I would suggest that the United States is far more resilient than many people give it credit for. Given all of the "Doom & Gloom" scenarios that have still yet to pass from the perma-bears, not too mention Marc Faber on TV earlier this week "hedging" himself implying that yet another "bubble"...