GLD - Chart Link- again that count was pretty clear, you had wave v of 5 on that last move and MaCD div

whenever I see 5 waves up or down, I start to look for a reversal

I know a lot of discussion about news but honesty it's just easier to stick to the charts, too many variables and unknowns with news or potential news

maybe, or maybe it made the move already anticipating it, we have a potential 5 of 5 that may have completed this morning. 

$SPX - Chart Link we've had 2 main bounce attempts today, the first stalled at the VWAP and was 18.6 points, the second 19.8 points

everyone is too soft these days

nice quote

' Hard Times create hard men, hard men create soft times, soft times create soft men, soft men create hard times'- basically a cycle

unfortunately we've had soft times for a long time creating soft men and people, so we probably have to go through a 'hard times' cycle unfortunately 

ha ha and these days I keep reading about squatters and squatters rights, which just the most asinine thing, they move in secretly, create a fake lease, then police say they can't do anything.

These ex marines don't just roll over for that LOL, they had that happen one time, they went to the house about 3 am, stayed in the truck on the street, waited for the guy to leave, then went and broke in the door, threw all that dude's stuff out in the yard, they waited for the guy to come back LOL. And these marines are big guys, and all have conceal and carry.  these guys are not going to go through civil courts to deal with that. 

crap like that with squatters, kind of makes you wish you had a Tony Soprano mob guy as a friend, pay him to to have his goons go there and deal with it as well LOL

there's that NYSE tick chart for SPX, big level around this 5113 tick spike going back to March 6th, a good loss of this could have prices melt down in that air pocket to the next tick level at 5091.  Earlier this area was tested and bounced, yes went a few points below, but these tick levels are really zones +/- 5 points. 

and earlier today when price fell through that 5135 level, price did indeed fall to the next level at 5113 as it was an air pocket as well

truedat Digi on people getting emotional and rational about real estate if you even mention something negative 

yeah agree on rentals and the hassell.

I have a group of guys (all ex marines, brothers, cousins) who work hard and are exactly cheap, 1/4 or less of what it could cost using standard contractors, and these guys do anything. They've rehabbed probably 200 plus houses over the years

anyway what I've used these guys for is to find a house that is horrid - the foundation still okay but other than that most people would think it should be bulldozed down LOL - basically a place that most people will not attempt - these guys clean it out, fix it up, then I sell it and done. 

When the housing market was stupid, and still is a bit, you can't easily find a place for reasonable price that only needs some paint etc, because they quickly get snapped up before I can act them or find them - I find some of the turds - it ends up being a win win for everyone if it works out - these guys get money in their pocket, the neighborhood is improved and the neighbors are happy because there was this vacant house that was all grown over with weeds and an eye sour driving down prices in there area and was not of use to anyone - now the place is made livable and useable for someone to live, neighbors are happy, my crew makes money, hopefully I make money - again basically a win win for everyone, almost like doing a public service 

but yeah dealing with renters sucks- I had a rental a few years back, what seemed like a nice professional young couple moved in, both were physical therapists working at hospital  and were very clean cut with good credit- they ended up buying a dog, the lease was for 25 lbs and less, they got a lab puppy, of course that's a big dog, they would leave it outside, this was a condo building with a fence (3 other owners) the dog tore up the grass, shit logs everywhere, which they left), which made the other owners pissed at me, and I was battling this guy about it, I ended up having to pay to re-sod the grass etc -  renters can suck 

$NYA - Chart Link - here's the old breadth thrust chart, breadth thrusts occur from oversold conditions where you have that move from oversold to overbought on the ratio indicator within a short amount of time

that said, whenever that ratio gets oversold (NYAADV/NYTOT) you can get mean reversion trades, it's now oversold

Very nice = notice the rebound with that drop

Quick Pull 

Watch VIX 5 minute 

Matt break out your Ginzu 

$VIX - Chart Link - like Vern Lundquist (Master's Voice) would say "Yes Sir"

yep did so earlier, QQQ have not yet, they are still holding their coil for now

I know man, he made a killing on his Silver - I told him she should give me break on the commission LOL

yep! nice chart thx for sharing, was good are to exit. 

side note: I'm selling a property today that I bought for a flip last year, been a pain in the ass, it's closing today thank god, didn't lose, still made some money, it was a fixer upper flip.

my real estate agent who subscribed to us bought Silver about a month ago based on my comments, when I talked to him this morning about the closing he told me he bought more SLV today, I said DUDE, not here, this area due for a pullback only add on a good abc pullback - that was this morning before the metals pulled back

again he's green, that's the general public - after something has already run like crazy they want to add

ahhh, thanks.  Again when I reply at times here guys, I'm pulled in multiple directions from trades, to emails, looking at charts, major multi tasking, so at times I may speed read stuff and get something wrong like that LOL

Yep Canada

ES main target 5164/57 (being tested)

wow! are a native there or are you an American who moved there?  Amazing that you follow us while being over there, and of course the time difference being in Kazakhstan