Merry Christmas Morning

Happy Holidays

Have a Cookie too....

SPY-der Monkeys at War

Hey all Spy-der Monkeys ...
In My career as a Trader, this is the most difficult and scariest trading tape I have ever seen.

With an Spx 1086 to 1112 range and professional Island Reversal gaps every other 2 sessions , It is almost impossible to effectively Day trade. The past month feels like we are on a March of Doom....

Something is going to break and break hard..Can't say what direction ..so be ready

I am thinking next week early will show us some direction.

Until then I am going to do some Options Break Point and Swing trading Holds overnight for 1 to 3 days of a few selected individual picks ... such as AAPL,GS,POT,IBM,Rimm, and a few others...I will post some charts over the weekend

Patiently Waiting for The Feast

TGIF the Bar is Open

Blast Off

The fifth bear trap the bulls have laid since MARCH!

The Market makers are calling for 1120 buy end of the year .... after today's action It wouldn't surprise me to see it tomorrow..

After the poor Friday performance the bears gave. With a gift of 10.2% unemployment report, I don't think they have it in them to significantly push the market down more than 2 maybe 4 % max at any one time.....

The Bulls have the power via the FED to Gut the US Dollar at will and they have unlimited supply of Central bank cash to push this market higher..and the O'Man wants a weaker Dollar because it help the US Export Market......so it is a loser to be a bear for more than a few hours....So We make the Bull Penguin Fly!
It's not really a bull use your imagination

Bear Rally

WoW! Hang In there Bear. There is only two ways down ...Straight down or sideways down.

Bear-bull-tard? vs Recycled Money?

Here are some new Words for your Webster.

I was inspired by Tim Knight's bolg Slope of Hope with the word "bultard "to help describe the state of the markets in the past month. Well of course, I felt like this new lexicon needed some friends. So here they are.


Ber-bul: .....little fuzzy creature .....chases anything green.
..looks a little like a gerbil on a wheel..

Ber-bul-tard: bear/bull/trader....a personal mental and emotional state of
utter dumb SH*#$!!.


Ber-bul-tarded: the feeling of what the Hell just happened?


Ber-bul-fun-tarded....the act of staying at the party to long and can't find the bathroom.


Ber-bul-fre-tarded: ......the act of ..Throwing a free beer, all you can drink party....and charging $20 to use the toilet....it's a little hard on the carpet, but it's a great way to get your emptys refilled....


Ber-bul-stop-tard....Refilling beer bottles sure keeps the bar tab under control.


Ber-bul- tech-tard:......Success is the divergence of Refills vs Flushes


Ber-bul-gre-tarded: the act of showing up.


Bul-tard: wishing to get up off the floor.


Ber-tard: hoping no one will step on your fingers.

_________________________


And the Grand Daddy of all.

Ber-blu-tard: waking up on the floor with empty refills in both hands
and f!eeling like a Ber-bul-fuk-tard.



Cheer up! You helped the economy by recycling your money...
So, dose this make us ..........Green-tards?



We all have to get back to work first thing Tuesday ...oh my....

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