We need to take out 1100 on the spooz

This is the battle line. If we take it out on volume we run to 1250. If not I'm looking for more sideways zombie-death-knell marching for the next 40 days.

 

what we need is to take out 100 in oil
ang get to 150

I guess only oil can force Fed to raise rates and stop this nonsense

 

Are you hoping for a cataclysm?

 

we already got cataclysm which is called excessive money printing

but all money goes to stocks and gold

we need more money move to oil
this is the only thing that can force the Fed to stop printing, raise rates and eventually prevent hyperinflation

 

The Fed has chosen the devil they know over the devil they don't know.

 

Someone needs to turn the spigot up to 11.

 

no cat...we need to take 1100 down on Gold!

 

The afternoon move on ES was a little smelly. EUR, held the 10:00AM line, same as Russell.... THe after market did not fully respond to Nikkei too. we'll see whats cooking for the rest of this week. I opened a small short right at the end of the day,tight stop, just for the heck of it....

 

done, and done.

 

Now it takes out 1200, then 1300 and soon 1400, by March of 2010 the s$p will be trading at fresh highs.



:eek: