sp'60min
vix'60min
Summary
It would appear we're not going any lower.
I won't be re-shorting this...way too much risk. all thats left is sp'1525..and then 1530, and it now looks like those will taken out.
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Looks like we'll now be on a straight algo-bot melt to sp'1550/70s by mid/late March
After all..everything is fixed...right ?
*new POMO schedule announced today.
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CNBC about to wheel on Laszlo 'the ruler' Birinyi, who will be touting sp'1800s this year.
Hmm, will that make for 'hysteria' top. I'm not saying 1800s are going to be hit, but when you start seeing permabulls like that being brought on, its just like when AAPL was going to hit $1000...last September.
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Urgh..what a mind frak this is turning out..market now reversing...
Its a bit messy...and we did get an EXACT hit/rejection on the declining trend.