SP futures are currently down about 25, probably will be down more by Sunday's open. This action reminded me something Atilla posted back in the summer:
Someone betting on a bloody thanksgiving
I am sure he already forgot about this post but I have no idea if this is a manufactured move or not. Betting a big money on a very specific bloody day from a few months ahead is uncanny.
We know that bearish signs we got in place exceeded any historical limits of the last few decades but having all in one day, with a delivery ticket on it?
We are short in xSetups, both ES from 1104 and Gold from 1190 area (via DGP). I believe gold will open down huge which will trigger 20-30% drop in a few days to correct the entire parabola.
Thursday, November 26, 2009
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