I'm not going to say it...

tb

I'm not going to say it...

tb

PS- Fed Speaks next week...expect volatility

OPWV Chart...

Here is a nice (bullish) chart pattern..

tb

Market tipped it's hand...

I believe the market selloff on monday, 10/18/2010, was a clue to whats ahead. Now, all bears celebrated this move, with new short trades..

BUT, today, 10/20/2010, the market is up, or "fading" the pullback from Monday. That is good news for bears, as I think, the way to play this market right here, is to sit and watch the market over the next few days. You can start accumulating hedges..I expect the market to run flat, followed by an increase in selling pressure..

Not sure what to buy?
VXX
QID
UUP
ERY
SDS
TWM

just to name a few...

let's see what happens..

tb

GOOG!

Flat price, double bottom, MACD rising, cross zero line, KaChing!

Nice price action in GOOG.
$100 invested in Oct $490 call Options returned over 1000% in 1 day. Nice!

tb

PS- If in GOOG, I would take profits here. Until $600 is left behind, I would sit on the side.

PTR Chart...

The long term resistance line has broken in past 2 weeks, to the upside..

tb

USO Chart...

Maybe it's "just me", but USO looks like it's at resistance.

tb