The ACD Method

ES is pausing at your A down...

 

Mav, out of curiosity: Do you also track the GDX etf?

 

The ES is NOT giving you a good picture right now. Stocks are getting absolutely slaughtered. I should say beta is getting slaughtered. You would think spoos are down 60 right now based on the price action in stocks. Better to watch the index components right now then the index.

 

Finally the air is starting to leak out of Internet Bubble 2.0.

 

thanks, interesting point of view

 

Yelp, fb, lnkd, etc. getting murdered today. Looks like the pain trade may be starting to begin.

 

No,I don't follow GDX. I have no interest in following the miners. I have no idea what they are correlated to.

 

ISEE printed a 109 on the close after this sell off. Not very encouraging for the bulls.

 

Nice test of the QTR A down. Held for now.

 

thoughts on CL? here after inventory