Gotta love ZERO RISK in the SP500 = $$$

Pricechange said:
it all looks timed a little too perfect. Apple maybe misses and then 12 hours later the dovish Fed appears with no hike in the distance...another 24 hours later Abe appears with deep dovish persuasion..possible more QE..then next week FB maybe beats, draghi jawboning the whole while ..really have to wait this thing out for a while

CL giving good short activity, many other energies/ commodities also offering good short opport. Good time to take a small break and see if my bicycle still works..see if the pub down the block still slings pints of Old Speckled (have been wondering for a few weeks now) :D
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That sounds plausible...the market is acting heavy, almost like everyone has placed their bets that AAPL will follow AMZN and GOOGL...it's the first time in weeks that the robo-bid hasn't been as heavy handed...so if AAPL misses and the markets come back to test the support prior to the parabolic run, it will feel like the market has dropped a bunch and then the Fed, BOJ and Draghi get back to work..

Also, when the market is in a parabolic run, any time spent churning sideways to lower with support so far below gets people nervous as heck...so that makes the market vulnerable too.
 
der_kommissar said:
That sounds plausible...the market is acting heavy, almost like everyone has placed their bets that AAPL will follow AMZN and GOOGL...it's the first time in weeks that the robo-bid hasn't been as heavy handed...so if AAPL misses and the markets come back to test the support prior to the parabolic run, it will feel like the market has dropped a bunch and then the Fed, BOJ and Draghi get back to work..

Also, when the market is in a parabolic run, any time spent churning sideways to lower with support so far below gets people nervous as heck...so that makes the market vulnerable too.
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aapl missing will create a short term bear trap....this sh*t seems to work until it doesn't...abe put would save it for a while

doubt FB misses, they have no real exposure to china or high dollar
 
So it seems everything is under complete control of a ruling class elite these days. As the World Series TV coverage went blank, Sir Rupert Murdock made a quick phone call to his lieutenant attending the game in Kansas and the game was instantly stopped until TV coverage resumed on Rupert's TV where he, Micheal Bloomberg and Loyd Blankfein were watching New York Mets in a small "get together" in Manhattan.

But the bigger story here is about the Kansas City Google Fiber network which went down under the stress of the high network activity and caused the TV outage which occurred a few different times over a 15-20 minute period. Yes, this is the same Google whose earnings beat cause the S&P 500 to bounce out of correction mode and back to pre-correction levels!

http://www.theverge.com/2015/10/27/9624356/google-fiber-kansas-city-outage


Speaking of World Series, the last time there was an infield home run was when Chicago was playing in Philadelphia, October 12, 1929 and where legend has it that Jesse Livermore was in attendance. Mule Haas had hit a fly ball that was lost in the sun and the resulting field bounce allowed an infield homer. It was around this date that the stock market had started falling again after coming back from a steep May 1929 sell off. The May sell off was brought upon by steep slides in Chicago listed commodities prices. By June commodities prices had bounced hard on news that poor weather and unfavorable seed times had occurred in countries overseas. This was, however, short lived as commodities quickly started falling again through August and September. As stock prices began falling with commodities, record numbers of what at that time were called Stags starting buying stocks in mass, thinking they were a bargain. Today these Stags are termed “bag holders”. By September 3, 1929 the Dow Jones Industrial Average was back to all time highs. Selling intensified in early and mid October, with sharp down days punctuated by a few up days. Panic selling on huge volume started the week after the above mentioned World Series and intensified on October 24. Then culminated on the 28th with a fall of 13% and especially on October 29, 1929 with another 13% fall.

upload_2015-10-27_22-54-21.png
 
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Gotta love these CB-beholden markets, absolutely no movement for almost 3 days now - all pending Janet Yellen's statement of no action. Serious crock.
 
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