Gm all, JX so sorry to here you leaving, enjoyed your insight. you provided a piece of a puzzle as we all do here to lead to an overall picture. The market is like a painting, once the picture is done nobody really knows how valuable it is. You will be missed. Steve

picked up some Nov 199 puts. I do not see this pushing up hard. 200.80 was triple topped the other day.

watching the 201 area that was strong resistance yesterday. fell hard on the third tap. I expect the same. GM all, my summer venison sausage is the ugliest packaged "thing" I have ever seen, but it tastes awesome

my fault, I did not specify what I was watching

13:50, 14:15 and working on the third right now. 1 minute chart

50ma neutral with the 20 about to go above it on the 1 min chart. bullish

triple tap of 201.05 area, breaks here should run up

I will be a player with that.

GM all, sorry I missed yesterday, out playing golf with the son, made for a great day. Today will be great also as I will make money and am smoking venison summer sausage and bacon.

I am more concerned with the strategic reserves we have in shale oil and gas. it is a limited commodity. I was a teen pumping gas in the 70's when OPEC drove the price up, it was dark days, ppl fighting over gas and fuel oil prices soared. In Vermont ppl were closing up their houses and moving in with family to save on heating oil.

looking for a new high or low for some direction

That would be awesome!

Nice article, one thing I do note is the distance from margin debt and the 50 line, it is similar to previous distances which could be a basis for increased confidence and margin use. JMO

About every buy or sell signal I have had (20ma cross of 50) the market has reacted just the opposite

yep, Queen's English!

It's a BOE term

Thanks for the heads up Paul, watching to see how it ends up

GM all, looks like they are starting to have problems finding buyers on this false run up.

bought calls when the 20 pasted the 50 on the 1 min. just sold for a few bucks. I have raisins so do not hold long as I do not see this going up that far.

20ma about to cross over the 50 on the 1 in chart, bullish

gotta break above 198.20 for confirmation of a break up. jmo

a lot, seasonal demand will pick up, I am a weather watcher with oil in the winter, got a strong cold front coming across the country? buy USO

I too am looking for puts, just cannot pull the trigger

thanks dollar

Thank you very much for your info, Made me second look at some of my numbers, which is always good.

GM all, This premarket pop if holds am also looking for a dip from overbought, then another slow grind up.

question to ask one's self "what would a hedge fund do right now, fear is in high gear, sitting 20% cash. lets see if we can get some weak shorts to buy this up, and short as we go up, then dump!" I still cannot consciously buy into this trip up. Makes no sense. any thoughts would be appreciated

20ma finally turning back down. looking for a retest of todays low. triple bottom or break?

looks like this is hunting for the 20ma on the 1 min chart (2hr). waiting for them to do some grab arse before I do anything.

think the thought process 0n the board was to 195 then back down, still think it is intact, the wave was due to turn soon, now looking at 188 then 185. CNBC is in crash mode now jeez, the sky is falling. we will go down, find bottom, then go back up thru jan. jmo

gm all, as I predicted yesterday, the jobs report sucked. Thinking this will be the nail in the coffin.

tightening/ resting for the last hoorah? up or down?

by the afternoon was hammered, don't remember much. I do remember one that lost control and seemed to slo mo into the ski rack in front of the lodge. that was pretty cool. At least the ppl were watching to see if he died rather than watch an american stagger

I bought GILD and ABBV couple days ago.

went to the italian and swiss alps in the 80's. Had fun drinking beer and watching other fools kill themselves in the name of fun.

out of puts with nice little profit

oct 191p's, 20ma crossed down with authority

non farm payroll tomorrow

I am not saying the economy is in a mess, I am saying that these large companies are dumping workers right and left right now, hp, wmt, mu just to name a few. That is why I believe the jobs report will not be what is expected. I will be back in the market with both feet after earnings start as I expect Nov-Jan to be good.

its trying to turn back down. ISM coming out in 2 min, could be very telling for todays market action