Not much to say - look at the past week, just SIDEWAYS, up and down choppy slowly and boring. As I said before we need a trigger and the trigger will be THIS week. I am very confident that we will have a major big move either up or down this week, and I believe it will be a big fat move down. We have the QEII , unemployment numbers, ISM and lots of great economic data. This will be an explosive week, so be prepared!
The markets is very close to a breakdown and the same with the financials. AAPL is about to breakdown too and AAPL will take overall markets with it.
The weekly chart looks great and a big nice fat red engulfing candle this week would look excellent to the weekly chart.
Fed Easing to Signify End of Bull Market, Gross Says
http://www.bloomberg.com/news/2010-10-27/fed-easing-likely-to-mark-end-of-30-year-bull-market-for-bonds-gross-says.html
Insider sales the highest ever tracked at the moment... do insiders know anything better than we do??
The fear is that QE2 which would originally look like the love boat, but might actually turn out to be the Titanic
http://www.cnbc.com/id/15840232?video=1628213854&play=1
Well have a nice day and lets be prepared!
Still 100% short and holding!
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