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nuclear option card.....

Posted by marketguy on 30th of Nov 2011 at 08:28 am

has been played on the bears/shorts....

this is "all" they have left so let's see what kind of follow through they have after the mkt opens....could you imagine if the mkt would close "down" on the day?  Wink

shorts...

Posted by marketguy on 30th of Nov 2011 at 08:19 am

throwing caution to the wind....adding aggressively pre-mkt.....

I think you nailed the

Where is that CNBC 1400 guy?

Posted by marketguy on 30th of Nov 2011 at 08:14 am

I think you nailed the low by bringing him up last time zach....

watch TLT....

Posted by marketguy on 30th of Nov 2011 at 06:59 am

bulls will be in charge until TLT gets back above $121.30....

should the bulls manage to push TLT under $118.75 then it could be  Surprised for us bears..

imho....

had to be the news

DAX breakout

Posted by marketguy on 30th of Nov 2011 at 06:43 am

had to be the news of China's central bank cuts of bank reserves....only thing I can see....

sheep are all lined up and making a final dash for the edge (of course that final dash could still add another 30-50 SPX pts over the next week)....going to be painful (wish I could learn some GD patience)....

and an....

Posted by marketguy on 29th of Nov 2011 at 07:05 pm

"amen" to his closing comment....freaking disgusting how they have "and continue to" get away with this crap....

http://globaleconomicanalysis.blogspot.com/2011/11/treasury-secretary-henry-paulson-tipped.html

why am I almost positive

market comments

Posted by marketguy on 29th of Nov 2011 at 04:26 pm

why am I almost positive that this inverse H&S is going to play out yet?  Frown

people are buying calls on BAC and C right?  Wink

15 min inverse H&S....

Posted by marketguy on 29th of Nov 2011 at 03:14 pm

even a little clearer on the Dow.....

until...

Posted by marketguy on 29th of Nov 2011 at 02:55 pm

we get a confirming candle on TLT I'm going to be worried....not only that but could be forming a bear flag which again would "not" be good for us bears....

as a bear....

Posted by marketguy on 29th of Nov 2011 at 02:00 pm

still scared as heck about Matt's inverse H&S possibility....I'm assuming we need a break below SPY $118 to invalidate it (?)

 

that's because Uncle Ben decided to buy.....look at that move the last 5 mins...complete B.S, doesn't surprise me but still B.S....

still looking at 1210 then 1220 unless we break back down immediately tomorrow....

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