Glad to hear you're doing better. My own back issues were solved by a combination of regular ab excercises and hip flexor stretching, as already suggested.

BTW do you happen to have details on the desk, monitors and pc's posted somewhere? Great looking setup!

Tom McClellan just on Bloomie TV, calling a top then sideways

Re Eurodollar swaps - does anyone have a good chart of the daily action since 2007? should look like it is making new highs here. M3Financial has a chart but I can't verify it....TIA

He is good but yes I agree with youse guys, sometimes very early. Turned super bearish Jan 2007 -  he missed out on nearly the whole year before it started to tank. The market can remain irrational longer than we can hold out against it

In case you did not already know where to get them

http://www.bloomberg.com/quote/GBTPGR10:IND

Maybe its because gov'ts around the world are collapsing. Germany is considered a potential savior but it is also bankrupt? Of course CNBC would have us believe these problems are bullish

Technically the DAX fell out of a rising wedge a while back....

actually you are right 1227 is more important now short-term than 1225. Thanks Steve. The 200day expo is at 1234, I'd like to see it get above there if it is going to march upfield for a while

I agree, or should I say that if it just consolidates that is a more bullish outcome for a better rebound. I am keying off 1225 SP cash, then 1234. My uncle point is two points below yesterday's low. If I could have my Xmas wish granted there would be a nice last bull trap rally that gets the VIX to 20 or lower and the SPX to 1300 or higher, before the trap door opens. This whole thing is a 1987 fractal IMHO

Vacation?? You're going to miss some great trading days

Nice post Randy. FWIW I got the same sell signals on Wed for the S&P that I got on July 5th. I am also short the metals and oil, completely reversing my long bias since 2000.

Good calls for sure re the resource stocks. If you could clarify  Jeff's posture as we entered this huge plunge, that would be appreciated.

I also listened to the audio file, and to be fair, I think that he did not call the "bottom" - what he said was it was too late to sell and that we should expect a rebound. I agree fully, and here we have the S&P approaching the 1175 pivot I am using, which makes it a low risk sell point. Note Jeff also said that after a rebound we could look for an undercut of today's lows - again I fully agree, we should all be looking for a test of the low after this rally is done. As we all know, the sharpest rallies are bear market rallies...... 

Hi all, I am just logging in and have not read all the recent posts. Just wondering, did you guys notice the low today was pretty close to a fib 38% retrace of the move from SP 666 to 1371?

Believe me, no one of consequence institutionally was short in size on the way down, and we all know mutual funds had record low cash levels into July. Everyone is trapped long and still looking for a gracefful exit. To me, that means the retrace rally from a good benchmark low will be in the 1/3 to 1/2 retrace level, not the usual 60% rebound.  I don't expect much from this rebound here without another failure, and note that SPX 1152 and 1175 were good pivots previously. For me, one more washout could lead to a vicious 50% rebound lasting just a few days. Good luck all

I'm told he was cheerleading all year, including something like an SPX 1450 prediction for 2011 at the Top. True or false?

Also, I missed where he said to sell, did he? If not, how can he be trusted to call a bottom when he missed the Top?

Last, let's all remember that he works for a retail broker. He's paid to always be bullish, but  though I think he's a smart guy, he risks his job by telling the the truth. What do you call an adviser who can't tell the truth?

Anyone?

Does anyone here use the latest version of the Tiger/Peerless software?

have you tried adjusting via the "size" button to suit yourself? There's a lot of settings in SC, and plenty of FAQ pages if you search plus also they have a help desk

So now we start to see the real reason they have stalled on agreement - they want to create another crisis so that they can grab more power.

today, another  failure from a gap-up open. It seems to me that it has tested this SPX area 4 times already in recent days. Usually if it takes more than three tests it will cut through support, no?

probably the most over-rated pattern ever. How many times have guys said that in the past ten years?

That said, do you have a link to Kass, because sometimes he is prescient

The 10day avg on the put/call ratios hit extremes last Friday, creating a bear trap. A lot of people were praying for a rally that would allow them to sell gracefully, well here it is  and now they have forgotten why they wanted to sell (possibly creating a new bull trap?)

The VIX gave a buy signal early Monday. That means most latecomers took risk off last week and now coming into quarter's end there is a squeeze on, as funds will appear under-invested if they don't add back. If the Greek vote goes okay, there should be a gap up tomorrow, and traders will look to short that gap. My two cents