Hi everyone, I have not listened to one word yet from our President I have instead decided to just watch the mkt fluctuate with his emotions!.. He raises his hands the mkt goes up, he gets serious and down to his answer the mkt goes down.. see sawing with tension so tight well, even a tight rope walker wouldn't walk across it from fear it could break. I have sold all my stock positions while this was going on, little ones and big ones.. I had bought several on Fri, and they got nice bounces from all the "EXCITEMENT".
I feel the set up for a turn is going "GREAT"! as Tony the Tiger would say! Some of you out there think I am nuts, and hey you have that right, luckily for myself I am not the only "Grizzly", out there. I realize the so called chance that I am taking, and the stance that I am taking. See, the P&F charts just went off the map, pointing to an all new high on the $SPX! 1320 to be exact! I am excited! This is the Best Jerry Springer Show I have ever Not listened too! Just watching the hand gestrures and the $SPX chart in front of me tells it all... bouncing with emotions like a kid at his first ball game!!!! Now Rr, I am that kid right now...
The set up goes like this, we broke 1137, that set us up for a great final 5th wave of wave C, and it takes us to the best H&S pattern I have seen in yrs. I am looking for 1145-50 on $SPX, the $VIX is bouncing all over.. and actually seems to be making a nice bottoming pattern... The bulls are peaking, this "Obama Hour", reminds me of a Soap Opera that my mum loved to watch everyday..."As The World Turns", sponsored by Obama care! I may never Post another Post on here again...and it has been fun believe me, so to all of you I wish you the best... Bull or Bear! I am about to go into Hibernation!!!!!!!!!!!!!!!!
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