Well, so much for rolling over - we're right back up to the highs of the day.  We'll see.

SPX looks like it's rolling over (looking at a 5 min chart).  Three failed intraday tries at breaking yesterday's high.  I shorted SSO at 63.38, stop at 63.64.

Thanks Matt.  Between your and Steve's comments I exited at 37.30 for a small profit.  Hate losing, and BOIL can be a b@stard.

thks - I'll remain cautious and take profits!

Yeah, I'd like to see that second gap filled.  But I may take some off before then - filling of current gap, etc.  Trying to keep in mind Matt's pont that the first move out of a wedge is typically sold, and higher low forms.

BOIL - just slightly breaching the gap from two days ago.  May add on any pullback.

Using the 60 min, RSI 5 system, BOIL gave a buy signal at noon.  I.e., rsi was below 20 and then exceeded 30 at noon.  I am long.

Good eye, man!

rb, what online source do you use?  Also, what is considered ave, high and low for commercial net short on SPX? Thanks.

Net short commercials for gold is at 207K (420 - 213).  If I remember correctly, Matt usually looks at around 180k as a good time to look for an entry long.

http://www.321gold.com/cot_gold.html

Would love to, but I've got students from now until 6 p.m.  I hope to next time.  Hope it goes really well!

Roger

But your chart is of NUGT, not SPY, right?

Have a great time! I'm not a skier, but I did climb one mountain in the Alps, the Wildspitze (1985, when I was young and had good knees).

Wenigstens gibt es uns etwas mehr interessant fur Gesprach als den market.  Veilen dank!

Wie schon, mit das vort "oder"!

So that's the news that's pushing the stock down.  At least I took 1/2 off during after-hours trading last night when it was up on positive news!

Steve, I just pm'd you about SD.

Yep!  I'm in FITB, DDD, FTNT, HD and URBN (two ideas from other sources, the latter from John on Fast Money).  All are up.  Actually I went ahead and cashed out of DDD because I had no target.  3% in a few hours is pretty nice!

A happy birthday, Steve!  Welcome to the 50 Club.  

AAPL looking weak at 61.8% retrace.  I took my trade off.