11-01-2012 12:47 AM
sorry MT, was busy for Halloween with the kiddos.
you talkin' ES, Crude, both??..that's a complex one. CLZ should hold 83.50 nearterm with upside to 94.00
ESZ - gotta admit you were probably feeling it better nearterm - top probably in for a little while at least...from current price - last 6 days should trade up to 1435 then consol till political stuff backs off, but i'm def not talking strong to 1500+ anymore for now.
was refreshing with my old friend Bill Wolff on his blog - he focuses on SP.
we just might see some decoupling of eq and commod in gen for a few months????
11-01-2012 12:59 AM - edited 11-01-2012 01:02 AM
looking at wkly SP elliot wise, sure enough, which is where 1550 came in # 9 end diagonal...........i here crude inventories are down, however - this correct??
muddy, commodities loooking strong, novie could be a wild one in all mkts?? getting many conflicts between eq and comm
what the hay am i doing up so late. lets reviz morning...you've been asleep what couple hours.... you gettin any this in your dreams?
11-01-2012 06:40 AM
Grains are finally starting to get their mojo back......maybe some are waking to the fact supply isn't out there and demand hasn't been as silent as first thought.........
Oil, you range sounds about right for now......
Equities......they are treading water.......I am still looking for a correction, but if we keep getting just good enough data domestically and internationally......well stale trading I guess......