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Financial markets are rigged... who amongst us doesn't understand & accept that as fact? From there, "rigged" markets create patterns that are a constant behavior. Things like late-day sell signals crushing into the close are exploitable. Knowing a pattern exists where price action is held up...

<i>"move to chit chat...."</i> ... better yet, remove entirely.

<i>"Markets are manipulated the sooner you come to terms with that the better trader you will be."</i> Of course they are... when has that ever changed? Who here thinks the markets exist for easy facilitation or wresting profits from? Markets exist to provide liquidity... the majority of...

<i>"A jewish American"...</i> What relevance is that?

<i>"I think alot of it has to do with the roll-over. At least my charts rolled and the nq is "down" huge, while the ym is "up" huge."</i> Make sure your symbols are set for the June contract month specifically today. If you use "continuous" chart settings, it will blend the March & June...

<i>"Who is this Mark C(r)ook, and why do we care?"</i> You are disparaging someone off the cuff whom you admittedly know nothing about? Try posting an intelligent thought next time.

<i>"I THINK THIS IS ' TOO BIG TOO FAIL'. THERES TOO MUCH AT STAKE AND THE CONSEQUENCES ARE HUGE FOR EVERYBODY"</i> There is no <i> "they" </i>who can hold up an entire market determined to trend lower. Outside forces can influence markets on a short-term basis only. Unannounced interest rate...

(yawn) Is there any risk yet?

<i>"im gonna go long usdyen and buy stocks. its easy money"</i> Yes, that popular tactic will help propel the pending oversold bounce to lower-high failure. The second unwinding will be most interesting indeed.

stick a fork in it. party's over

Today's action made me slightly richer (laugh) Oversold bounce is imminent... could be a powerful short squeeze at any time, quite probably Tuesday. When that occurs, it better hold for the bias bulls' sake. If the pending relief rally gets reversed soon after, especially the very next...

<i>"He's raising strong concerns that the fiscal irresponsibility practiced by our elected officials and administrators is crippling our country by recklessly utilizing the nation's credit card and pushing our Nat'l debt to the children and grand-children. Baby boomers are about to severly...

<i>"Market bottoms at 1366 on the S&P. People looking for the 10% correction will be disappointed, and WRONG."</i> Long ago I firsthand learned that "support" is a relative term. Easy to see in bull markets... mere speed bumps when the tide turns south. From the July 2006 lows to Feb 2007...

<i>"The bounce will sooth a lot of nerves and keep the lemmings into their existing long positions. It's the NEXT WAVE down that will cause the panic."</i> I would expect a solid bounce back toward recent highs, sooner than later. It better happen on accelerated volume and mile-wide breadth...

<i>"Incredible opportunities out there especially during premarket and in the morning - investors are giving away freebies to traders."</i> Up +8pts and +2pts ES on two shorts... the second one ran +7pts from entry and bounced while I walked the dogs. Free money, no risk shorting the...

<i>"Cnbc said, well joe and mark said that they would not be suprised that if within the next 2 weeks to a month that the markets could be at new highs once again."</i> Did they guess at what may happen in between? Markets may very well be back to prior highs then... but not from current...

<i>"IRONICALLY folks when we look back and ask ourselves what jump started the next leg of the great Bull -- it may just turn out to be the China scare"</i> That may very well be true... if you don't expect the bottom to come from current levels. She's going lower, for sure.

<i>"I now know that there is a disadvantage of always having to go all in and all out. No scaling ability, and that has its own set of psych issues like you stated"</i> During dull market conditions, I always trade all in - all out. The swings are so small during dead markets that it's easier...

Dow stocks are 30 of the 500 in S&Ps. No one is manipulating the Dow... 470 other S&P stocks are being pushed along with them by SP00S futures. All indexes are moving in unison now. No more sector rotation, pushing jello around on a plate. We've got active markets moving in tandem thru...

<i>"I want to see some panic so I can get long !!"</i> Be patient... you'll see panic