S&P has had it ! Intermediate term top right here !

No no, maybe 20 years ago, ok 10 years ago

 

i do.


...you still that bearish ghost?

 

Yes, the S&P won't see 1555.9 for a long, long time.

I'm not a "bear".
I just want volatility and a market that doesn't go straight up.

Well, I got both now.

 

whose ready for more $$ this week .

Can't wait for tuesday.

 

yeah, me too. and last weekly candle is as bearish as hell, the only candle pattern i haven't seen failing and that worries me most when long.
if anyone can show me a market recovering immediately after printing a down bar leaving such long upper shadow and no tail i give him a gift.

really shitty to look at; gotta be a bargain if it plunges to its 200.

<img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1556405>

 

Agreed amigo. The first support I see is maybe S&P 1375.
Along the way, we're going to see a big, volatile day that really scares the hell out of anyone long.

I love it !

Time to go see the Police. Rox-anne..

 

lol, you must have made some killing already: your #'s have to be really revolting.. especially for the only folks that can see it, but in red and
in their own accts.

best

 

I've covered my short futures, bought OTM calls against my ITM puts (the puts are so far in the money that there's no market for them on Globex) and I'm actually long NQ from 34.50-37.00

I have no idea if these levels hold but I have support here so I'm long.

 

Thx, but not red, it's all green in July baby !

 

Thx Pabst, I appreciate your disclosure.
This week, I'm still looking for more downside, but in very specific stocks only.