Tuesday, May 18, 2010

Manipulation

Again pure manipulation in the markets- Today they will announce new trading rules on stocks, i really wonder what it will be? I think they will say no selling of stock you only can buy :):), just crazy, folks the market is not pure capitalism it is all smoke screen and I don't know what.

Monday, May 17, 2010

1123

Wow that was quick- notice how as we broke through we got a bit of selling. I think it is just a matter of time 1123 becomes resistance and I think we swing lower

1123

The support number is here again. The bulls MUST defend this number into the close of it would mean much more weakness in days to come.

Sunday, May 16, 2010

Commodity Chart

Natural gas is one profitable market when it gets going- next target high on this breakout if it does is $8.50


Thursday, May 13, 2010

Off

Off for a few days attending a funeral.

Tuesday, May 11, 2010

Today action

So we filled the gap then put in an impulse to the downside

Explanation

Well after nearly a week we still haven't heard the true reason of last week volatile day. I found this and it is the closest thing to a reasonable explanation of last week action but remember it is all speculation for the masses. The real people who what happened, think about it if someone had big thumbs as they claimed we would know which master account set that off!!! that would not be speculation because every single trade is marked and can be traced immediately. The real reason they dont want to release the inform is because some deep pockets got killed and it shows how volatile the market is with light trading.


http://finance.yahoo.com/tech-ticker/whoa!-did-nassim-taleb-cause-thursday%27s-market-crash-482998.html?tickers=dia,spy,xlf,^gspc,^dji,bcs&sec=topStories&pos=6&asset=&ccode=