get some well deserved rest. have a good weekend

I'm getting this headline from a couple of dealer sources

making a nice percentage move this morning

I've been a subscriber since 2008 and can probably count on my hand the newsletters I haven'tlistened (including my vacation time).  I'm unfortunately very busy with my day job and can't communicate much during the trading day, but I find your newsletters invaluable and a great educational source.  Between the newsletters and the tutorial I took with Steve (who spent 5+ hours of his personal time on a Saturday morning), I have learned a hell of a lot and have grown as an investor/trader.  You guys rock.

just awesome stuff steve.. nice way to set the table for the week.

doesn't mean we can't have a 10-15% correction and undercut the 200 day ma..

agree, I wasn't trying to suggest it was actionable right now

Steve: looking at a weekly S&P chart, there may be a similar fractal currently developing on the weekly S&P chart that looks pretty similar to the 2011 top when the S&P made a 1344 high, then dipped to 1249, and rose to make a marginal new high at 1370 before beginning its big correction that summer.  Would be interested in your comments in tonight's newsletter.

Yes, it was profitable.  Thanks guys.

I'm referring to the S&P

From low (1779) to high (1813), the current 34 pt move lower seems to have broken symmetry with the previous move lower in mid November of 25 pts (1802 to 1777), but seems in line with the late October/early Nov sell off of 31 pts (1775 to 1746). 

Steve, how do you view/ reconcile this? 

Thanks in advance, Tony

P.S. Sure would have been nice for the bears if the 1777.23 previous low had been broken today, before the market began to rally.

Steve, if today's early dip completed the first 5 waves down move (call it it "speculatively" wave 1), than a lower high or a wave 2 should be in the form of some a-b-c.

http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=3&dy=0&id=p95582724259&a=324184765&listNum=48

Previous move down from 1802 to 1777 was 25 pts.  This decline just about there

yup.. was a nice setup

All I can see is that corn futures dumped and are down 5+ %

Hi Steve.. There is no audio link to your newsletter

You realize that's satire

http://en.wikipedia.org/wiki/The_Daily_Currant

Don't we potentially have a three pattern push down pattern (the the third chart with the three arrows), which suggests we rally from here and a bottom has been made?

Steve. Did we get a confirmation or not on the Zweig thrust indicator??

May be a complex inverse H&S with the second right shoulder forming as we speak..