I have a BAN on new users to comment on the blog and it has been that way for several years now — not because I hate you and want you to die — but because I haven’t gotten around to a site redesign and have been harangued by spam. In the event you feel like extricating yourselves from Twitter and other venues and comment on the olde blog here, if you have not been preapproved — you’re plum out of luck until I do the fucking redesign.
So now I will ask you, the unwashed reader, a question — one you cannot answer because you have not been approved for comment.
WHERE DO WE GO FROM HERE?
Holy shit, I don’t remember registering here but that’s cool
Nigger spam.
Haha Richard is back
you forgot a shout-out to chartfag soupbone (see comment on previous blog)
I’ve run out of Tea Leaves – Soz no clewww…
Everything been doing these little broadening patterns. Most likely to top end of range next, then 420, maybe get rug pull, if not there then at 435.
Down
Into the fires of hell is where we’re heading. Can’t think of a better time to send people to the poor house than when the days are short and the nights are cold.
Rug pull straight ahead.
I can’t imagine any other scenario playing in these conditions.
We head fake yuge rally CPI morning and then hades thereafter.
Down. To the bowels of hell.
I have to see your cock and balls chart before I can comment on the market future.
It has a 95% accuracy rate as I recall.
Then for flys sake one can only hope the chart still gets up
Max Pain is up, no?
Ooo I’m a chart fag as well as veteran iBanker. I’d say failure to breakout of channel and low volume says bottom of channel here we come.
So many bears… that’s usually not a bearish sign.
My take: up till mid January at the latest, then plungaroonee when the negative earnings and forecasts inevitably appear in earnest… it’s gonna happen fur shur.
if I turn it upside down, it tells me a better picture. The big weekly candle 7th November is important. I say higher (on a non-upside down chart) http://i.imgur.com/upkHtjQ.png
Are the good folks running the place morons? …or evil whores with a reset plan? Will they follow-through with what we are told is Powell’s mandate? …and responsibly and fairly impose austerity to pay for our wars past and present …and for our lockdown party?
If they do, the direction of the market – priced in stable-ish dollars – is easy to predict. It’s down. If if and if.
Up, S&P 500 4100+ next week.