Damn, we're due for a bounce - where's PPT

Quote from una11:

The bounce will come eventually, and the longer it is delayed the more vicious it will be as bandwagon shorts are blown out.

***Patiently Waiting***

Funny, everyone was saying this about the up move to 14,000: "The correction has to come eventually, and the longer it goes without one, the more severe it'll be!"

I find that amusing.
 
Quote from GaryN:

The PPT seems to be hanging out around the 1433 level.

they sure are.....32/33 level is a solid neckline so there all over it but imo we have one small rally to sell before it cracks....after that ..80 points to downside Es/spx
 
Quote from una11:

The bounce will come eventually, and the longer it is delayed the more vicious it will be as bandwagon shorts are blown out.

***Patiently Waiting***
\

Agree
 
tomorrow there will probably be a liquidity injection of approx 5-10 billion.


I dont think they want the dow below 13k.
 
I kind of like these big swings. If we go into a true bear market I think the volatility will drop off. I hope we bouce a couple of hundred points again and so on ad infinitum.
 
Quote from gnome:

PPT needs to "go to shit so the hogs can eat 'em". They are the CANCER, not the cure.

agreed 100%.....we`re getting close to them being completely ignored & even they won`t be able to contain this avalanche.
they are just adding fuel to the fire right now & postponing the ineveitable.
 
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