who is following who though?

LOL - what? no crystal ball???

Just kidding - just wanted to know your thoughts on that.

The chart you presented with the 8/5 day formula seemed to fit very nicely though.

How does this factor in with the FIB 8Day/5Day formula?

Happy Birthday Matt!

Thanks for the post puma.

I have a feeling Bernanke might be the editor for Market Watch website.  On their site they emphasize that there were more buyers at the Treasury Auction than normal as of late.  Which we would think is a good thing.

http://www.marketwatch.com/story/treasurys-edge-up-before-final-auction-of-the-week-2010-05-13?dist=countdown

But when you look at the facts, there has been a substantial shift as of late from long term buyers to short term.   Yes, there were more buyers, but they were buying 4 week notes, and less buyers came to the 3 and 10 year bids.

http://treasuryauctionwatch.blogspot.com/

Not good for the US debt in my opinion.   But what do I know, I do not own a printing press.

Wow!  Almost 2 million shares bought into the close - that is some serious volume.

Good point.  LOL

Why, are they reporting soon?

Although Steve, if you look, about a week later SPX comes back up to test the 13 EMA and then blows through it on the 16th.   I suppose the same could happen here?  Your thoughts please on that scenario.

Anyone know some good fundamental companies mining palladium/platinum?

Wow, you knocked that one out of the park.   Great post - good job - hope you made some major $$$$

Yes, but only if the move was more than 60% - and who in their right mind leaves a stop that wide.  Typical would be more in the 15% range.   They will not be getting those back unfortunately.   Too bad for all those people.   That really sucks.

Hey gear, where do you like entry and exit points on this penny pincher?

Woa, pretty bearish on some of that stuff - GNK down 95%  Really?  IOC - 50%

Thanks for the post.

Buffet has a lot of $$$ - to him GS is on sale.

Ironic timing of the split I would say.  This ETF has the potential to actually trade back down to those levels again within the next few weeks if things really start to go sideways here.

Yes, DRN split 4 for 1 also, made me jump as well this morning.  All good, although, both are down 5% in premarket already it appears.

sorry bk, is that up vs down, meaning that there are 7x more selling (on a volume basis going into close) as there is buying?