The fact that you are back posting regularly is a clear signal the market is near a top. Time to begin looking for signs of supply in key stocks?
Let's see: 1 - C joined the rally this month. 2 - stocktrad3r's back. 3 - The rally now exceeds the one that started in Aug 82. Sounds like a good time to buy some OTM VIX calls...
Getting ready for a close under 989 should take us to the 960 level, a close below 950 and I think we could see an 8 handle on the s$p. This could happen quick, once selling starts to build up the drop could be quick and significant. Going to be interesting to see if the dip is bought tomorrow by mid day.
we have been in a very tight range, so a breakout is expected soon. i think the odds are that it will breakout to the downside. by the way, we have not had a decent down day since the illegal rally started in july. it's about time!
North America INDEX VALUE CHANGE OPEN HIGH LOW TIME DJIA INDEX 9,225.00 -96.00 9,303.00 9,304.00 9,215.00 02:46 S&P 500 994.50 -11.30 1,003.60 1,003.90 993.40 02:48 NASDAQ 100 1,600.00 -15.00 1,615.00 1,615.00 1,598.00 02:47 :eek: :eek: :eek: not to worry as the bulls push this higher by the close....
And the futures just keep on dropping... Cant remember the last time futures were off this much on a sunday night, the bulls are going to struggle greatly tomorrow to push markets higher. DJIA INDEX 9,198.00 -123.00 9,303.00 9,304.00 9,193.00 03:17 S&P 500 991.20 -14.60 1,003.60 1,003.90 991.00 03:17 NASDAQ 100 1,595.50 -19.50 1,615.00 1,615.00 1,595.00 03:17
good chance we will fill ~98 gap today! (98.86 right now pre-market). i am significantly reducing my short exposure if the gap is filled today. is anybody here holding their shorts until ~95 (June highs)?