Fas/faz - 5/4

Yeah, but that's not really what I was talking about.

I'm more interested in the ES staying below 900, and to a lesser extent DOW below its previous high of ~ 8420

ETA: Scot deleted his post - naughty....

 

All I said was the dow broke 8400 again the other way....I deleted it because I thought it was a useless post.

 

Hijo de puta.

No shit.

All this lame midday volume is trying my paitence.

 

I think we're seeing a slow move down that won't finish until tomorrow. Unless I see a major spike in TZA (its just like FAZ), then I'm going to hold overnight.

 

looks like the dow likes being at or near 8400 today

 

ES is being held below 900
/TF (R2K Futures) is being held below 500

If this is the best Bear can squeeze out,, Dow will be at 14000 by next week.

 

Last hour...whats gonna happen?

 

I don't know, but I am betting mostly sideways.

I think the russell will go up, and get closer to PC but...we'll see.

 

Copious amounts of Bloody Marys will be consumed.

I'm out of FAZ with a measely 1%.

 

I suspect a surge is on the horizon into the close. Getting out of the FAZ is a good idea.

Scot: Good call on the 6.70 FAZ. Right on man!