right on the 20 ma too.

You are the MAN!  Thanks.  Fitzpatrick isn't an analyst, he's a technical guy like you, part of why I like his charts in this market especially. 

Dan Fitzpatrick gave the green light to AZO in his free email trade/chart.  Volatility squeeze breakout, one of his favorite plays.  What do you guys think?

I guess the question is, will we break below the 20dma on the S/P.

did you bail out or are you still in it?  I had a very small amount, it hit my stop @ 14.84.

cool - crossing my fingers worked. 

wow, I would have thought we'd cover today.  Keeping my fingers crossed, then.

I am still holding FOE, I guess the pattern still looks good, but it will require the market to move up for it to get going, I should think.

thanks, Matt.

nice downtrend line on the intraday.  break looks to be above about 15.64 or so.

as you showed in the newsletter, I wonder if the SPY system will close as we move up, or stay short.  Matt, any thoughts?

Are you thinking that's getting us going down?  I am assuming so.

Big volume on GDXJ, just breaking that 33 resistance level into the gap.

intraday charts for GDX.

As an amateur still learning, I'm not really very comfortable buying options, as I can't tell like you can when they are cheap/expensive, good bets/lousy bets.  Next time when you post (and thank you for doing so), I will try to investigate it and maybe also p.m. you about it.

Thanks Matt,

FRT

the bounce on GLD this last hour has been on light volume, especially compared to the initial selloff volume.  Same thing w/ the bounce in GDX.  So, I have gone short GDX, at least for a quick trade.

went on a sell yesterday, doubled back this morning, and now is on a sell again.  Don't know how well this is working anymore.  Too chicken to use the Renko chart though!

Awesome, thanks Matt.

Matt just mentioned (in p.m.) this:  two things that make for a better overall signal are when the MACD crosses up and when there's a trendline break at the same time.  So, not as strong an up signal here, although it's constructive.

a lot of people don't like Cramer, but he was saying that the market has always responded positively to Bernanke remarks.  Going short into the FOMC statement has been a loser.