Some areas for ES. If a fifteen point drop anticipated by ZH is going to happen, it will fall into a nice grouping.
http://www.zerohedge.com/news/2013-10-13/early-fx-indications-eurjpy-slide-implies-15-point-futures-drop-open

This bullish ABCD with the ABCD in the BC leg is just proving too much for it. But, now we have a smaller bearish ABCD. We'll see, but probably right back up.

And straight up it goes. Exactly as expected.

Chart a bit late.

That should be it, up like a rocket ship it goes now. Time to announce more 'progress' or an outright deal. This market wants to go up soooooooooooooooooooooooooooooooo bad.

So, maybe 1705 on this burst?

And yes, this 99.25 is a serious area.

This is interesting. I think it's all part of the game, to make AmeriKans hate the Republicans and take them down so we go to a one party system. But, will they make the deal by tomorrow or early Thursday, or push this all the way. Go all in on their shot here to take the Repubs out? I also heard something about stopping Social Security checks. They want mainstream AmeriKa to feel the pain so they can blame the Repubs. People are so stoo-pid they don't see they are being gamed. 85% of the gub-er-mint is still running, but they can't pay the food stamps or Social Security? What a con.

http://www.zerohedge.com/news/2013-10-15/foodstamp-program-shutdown-imminent

http://armstrongeconomics.com/2013/10/15/the-elections-for-2014-are-all-about-creating-a-dictatorship/

Okay, now we see if it is poised to take out this key 99.25 area, or not. This is it.

Die, oinker. Just go ahead and die. I hope they go into total default tomorrow and this drops 1,000 points. A 1,000 ES points.

P.S. Yes, I know even if there is no deal we won't 'default'. And even if we did, 'they' would turn the machines on full so the effect would be muted, or the market would even go up. Hmmm, panic because we are out of money to pay even the interest on our debt, but a ton of money to goose the market anyway? Makes you wonder...

P.P.S Yes, I know this area here is likely all it will go down. But let me have my fun. Let me hope...

Die, pig, die!!!!!!!!!!!!!!!!!!!!!!!!

So, they keep saying there is no inflation, and we need more inflation. Let's see. I got my prescription the other day. It was up. 265% My better half just called me from the grocery, my almonds are up from last time. 20%. I looked at my tax software for this year. It was up. 33.33%. Recall that link I posted for health plans and all those triple digit increases. Nope, all that doesn't sound like any inflation to me. I agree, we need lots more.

BTW, let's quickly talk about the CPI. Now, for me, my medical insurance is almost 40% of my total expenditures. So, for me, I'd like the CPI weighted so medical insurance is figured at about that level, say 40%. Look at what others pay. And to do it right, you can't look at all those who pay little getting it from work, and figure that percentage. If your employer is paying for it, it's the same as if you are. In theory, the employer could just pay you more and not include the insurance. It's the same with FICA. I'm self-employed, so I pay 15.3%. Workers pay 7.15%, but their employer pays the other 7.15%. If they didn't, they could pay you 7.15% more. So, you pay it all, regardless. I think 99.99%, literally, of people are simply unable to comprehend that fact no matter how many times it is explained to them. It's just a limitation of the human mind (and poor education), and it a big part of why we are in the mess we are in.

Anyway, I think the CPI should weight medical insurance between 20% and 40%, but more towards the latter. And since this is one of the fastest increasing expenses, it is very important that it be weighed accurately, to insure accuracy in the CPI. The current weighting? 0.6%. Yes, 0.6%. Well, that's a nice way to keep those old inflation figures down. The Chinese recently did the same thing with housing data. They tweaked the weighting of houses, and the weighting of rural/city data, and so on. Presto, no inflation in China. EZ-PZ. Yep, there's no inflation.