MOnday

volatility has being sucked out for the market right now. Can't fight the trend and the breadth here but boy oh boy do we look boring

Really

unemployment rate now 8.6% really!!!! Another new way to calculate the number and we get a lower reading is NOT real- The fabrication continues

This is HUGE

So folks the reason why their was a coordinated effort by central banks overnight was because a big European bank failed. This is trouble because why we are led to believe everything is fine we are actually crumbling. Something deep and big is brewing and 2012 will be the year the powers that be can't keep it up and we sell off hard. Remember I have a multi year cycle low coming late next year into 2013, that is something to really watch out for could be a real shocker but a great buy and hold when it happens

WOW

I guess the banks were on the brink again - for this intervention to come as a join effort is amazing. Hard to trade with this news driven stuff

1196.50

watching this number on the close- they trying to trade around it for sure- with 4 minutes to go

Number to watch

Number to watch into close is 1196.50. A close below that might signal yesterday was a drop in the bucket news rally-

Early

Early we getting some weakness- but most importantly we below 1190. 1184 is a good spot AGAIN for the bulls to show what they have as today is good as any other time as we could have a nice turn around Tuesday.