I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...

didn't even wait for me to finish typing

They hammered that very nicely.

abcd and head hit at the first hour low

AAPL has hit a very popular zone today. Notice the daily SL. Dead on it. Lots of stuff here. What bothers me is that for months some very popular (and usually wrong) bloggers have been saying when AAPL hits this level buy with both fists, spend all the money you have, borrow some more, third mortgage your house, buy more, then mortgage your kids and keep buying (I'm paraphrasing the gist of what they are saying). That tells me it's likely going down more in here?...

Look at the ES go. I keep singing a tune in my head. Everyone know that song 'Blinded By The Light'? Manfred Mann. Anyway, there's a line in there: "The calliope crashed to the ground."

"The market crashed to the ground..."

so.....if that's the case we should see a flurry of buying.....but ahead of oe and earnings next week? what do you think the odds are of a flash dip right around earnings to wash out the last hangers on?

Boy, that would be sweet, rat.

ES 'should' turn up here if they aren't planning to kill it.

It does look like there is a small but non-zero chance this will sell into the close.

Hence, I expect them to pick this up any time now and start the goosing.

Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....