Kudos to MMs

S ES 1041.50

At the time of entry, "FV" ~898.

 

Jamie Dimon ( not sure how his name is spelled) is a bad boy. http://www.reuters.com/article/marketsNews/idUSN0933543620090909

 

"FV" ~890

 

Too bad I don't have "FV" history all the way back to 1987. I would love to see what SPX was in relation to "FV" on October 18, 1987.

 

"FV" ~891

 

So far today the action is utterly demoralizing to the shorts. I dunno who is driving it up, but there is clearly an agenda and it's powered by nuclear fussion from above.

 

Patience. Not demorilized here.

 

Shorting the rally

From Data Explorers - a chart showing short interest in the SPDR S&P 500 ETF vs its price per share.

The amount of the fund’s shares on loan, a useful proxy for wider US short interest, has increased by 24 per cent since September 7th.



Shorting this rally is a dangerous game, and luckless bears could require a visit to here, or even here.

 

Bung-hole-o-meter readings very high with that last goosing!

 

Patience. Will be adding to short soon.