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  1. $$ IMHO, today's option expiration will lead to a fairly sizeable afternoon sell off. Could be wrong but that's what I'm preparing for.
  2. $$ For those who missed it, the 200-dma crossed above the 300-dma today; only 300-dma turning up on 12/3 needed for unequivocal bull market.
  3. $$ Curious as to what's going to happen rest of the week? Check out http://tinyurl.com/lunar-cycle
  4. $$ Sorry you didn't take my warning. At 12 I suggest you sell into strength. And now see what's happened?
  5. $$ Caution is warranted. Each move up in market today is will less and less volume (OBV divergence). I'm selling into strength.
  6. $$ Market is moving down the path outlined in http://tinyurl.com/ygmflbe
  7. $$ Let's hope there's enough juice left for a little rally in this final hour. There's always tomorrow for another final day of big selling.
  8. $SPX just crossed under its 50-day MA; not a good sign but only one of several needed to clearly signal a top; be scared but don't panic yet
  9. $$ Today and tomorrow only reflect big money sloshing around as part of fiscal y-e window dressing prior to final big move up in November.
  10. $$ Shorts going to be surprised today; market looks strong and is going to close above 1095 today.
  11. Why is a "crowded trade" necessarily bad? Isn't it "the more the merrier" and "misery love company"? $$
  12. $$ Looks like the 50-dma held as support .... so far. But it's a long way to go to the close.
  13. $ O&G stocks are scorching hot. Check out this report: http://tinyurl.com/p3ukej
  14. $$ This market is now going down but it's not out. Look for a strong recovery close. Volume is higher on up's than down's
  15. Has anyone taken a look at $IAG recently. It's up 24% in 2 days. Told you a couple of weeks ago to look for the break above 11.
  16. $$ I'm willing to bet based on strength so far, $.SPX will finish up strong today, above 1002 and head into next week above 1015.
  17. $$ Didn't we have a similar reflex reaction to a bad Chinese market several weeks back? Aren't we up nicely since then? It'll be same now.
  18. $$ I'm sorry, I see this market straining to go higher. Lots of support leading to possible turnaround this p.m.
  19. $FAS will take off sometime in next 10 days for huge move to 130 before YE.
  20. $$ Market looks like it wants to go up; don't ruin it in final hour today due to options expiration?