I posted last week RINO had a BP of 24.40, it broke out this morning

SRS swing system #1 went short at 3:30pm and #2 at 3:45pm

thanks matt, good chart, i often times grab the quick small moves with AIG for a 1% - 3% very quick trade on the shorter time frames, in addition to the daily charts for the bigger swing moves

AIG now morphing into a nice symmetrical triangle on the 2 day 5 minute chart for a trade probably monday when it breaks

just closed out my GDX short, BO of falling TL resistence here, did not go long though, will wait for further trend confirmation

attempt to retest the bear flag breakdown coming in at 44.25, but with nothing happening today I don't expect too much either way with it.

UNG the natural gas ETF just lost support at 11.70, I have been short since the close yesterday, just added to my position here, first target 11.50 then around 11.00

http://www.youtube.com/watch?v=NijwK99OO04

Since there is not much happening in the market, here is a funny October Halloween video to help make these last 90 minutes go by faster.

AIG breaking down from bear flag I posted earlier today

another stock to watch is RINO, been digesting gains now for 4 days, BP is 24.40

wishful thinking, take FAZ down 98% from its high...say you had 100k in it, now you have 2k left, if the market tanks and drops 50% from here, which is certainly not a sure bet, FAZ would rally something like 150% in theory, although with deterioaration it would notrally that strongly taking it from 20 to 50, a far cry from the peak of $2018 in Nov 2008. There is no way in hell FAZ gets back even 10% IMO. Only trade the 3x ETFs do not hold them for any LT purpose.

AIG bear flagging, a break below 43.37 would trigger a safe short with a stop just over 44.00

GDX broke below 48.00 support, watch for it to maybe find support around 46.50-47.50 and maybe rally to shake out some shorts, wouldn't be surprised to see it work a right shoulder for a few days as a H&S pattern could be developing (see 10 day 15 minute chart) and then self early next week, something to watch

FAZ also has a boat load of R at 20.00, if it can clear that coupled with a breakdown in SPX it will run to 20.40 where there is a previous gap and 20.60 has TL R after that.

SRS is making a third retest of the triangle pattern it broke down from yesterday at the open, R is now at 10.00 and rising, if it can clear that, then it has more R from the falling TL of the original pattern coming in at 10.15 and falling. If it clears that area, which is a big if, next R is at 10.40, I trade the swing systems but use some TA for scaleouts and entries and position sizing.

The think the point was, Obama is certainly not deserving of the award because he has not done anything yet to deserve it. Maybe someday he will be, who knows. One thing to note that most people do not know, that while it is shocking Obama won it just 9 months into the presidency, the actual decision to reward him the award happened 9 days into his presidency ...How is that possible? No one will ask that question of course. The award has been an utter joke for two decades...past winners...Al Gore for Global warming which has what to do with peace? Jimmy Carter who accomplished what? Kofi Annan the great leader of the UN the most corrupt organization on Earth and my favorite the terrorist himself, Yaser Arafat in 1994...I think the Nobal Peace prize WAS a great award, but has been deeply politicized for years thus losing all credibility.

One thing to note that most people do not know, that while it is shocking Obama won it just 9 months into the presidency, the actual decision to award him the award happened 9 days into his presidency ...How is that possible? No one will ask that question of course. The award has been an utter joke for decades...past winners...Al Gore for Global warming which has nothing to do with peace, Jimmy Carter who accomplished what? Kofi Annan the great leader of the UN and my favorite the terrorist himself, Yaser Arafat in 1994...I am surprised Bin Laden has not won it for raising awareness to the terrorist cause against the evil western world capitalism, or shall I say now, socialism.

GDX broke down over night from a rising wedge going back to late sept

Uh, yes they are clearly advocating a side. The song strongly supports, in no uncertain terms, the opinion that yet more gov't intervention needs to happen in American private enterprise, something most Americans strongly oppose, not sure how you missed that aspect of the performance? Now despite some nice jingles, trying to mask the partisan message of the teacher/songwriter, about both sides need to work together for healthcare reform , that video was clearly praising Obama and supports the left's healthcare overhaul...not taking any side here about agreeing or not with healthcare reform, just pointing out, once again, the indoctrination of political views on kids in schools, which is obscene, whether done buy pro Dubya (2%) or pro Obama (98%) teachers, and especially where it was performed...the very unbiased and highly credible news organization CNN. Before people start screaming about politics, this was OT and after hours and has nothing to do with politics and has everything to do with raising awaresness of the unprecedented political intrusion in our kids schools. If FOX News did this with our kids and an anti Obama healthcare song I would post that with the same disgust.