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

Okay, the pop up was because they resumed talks again. After just saying they are quitting. I think they will have something soon. Tonight, tomorrow. They are saying maybe tonight. Then the ES can pop up a hundred points ASAFP, on a temporary bill to raise the limit, which will address exactly zero of the issues. Cool.

Okay, so it says the Senate is resuming talks after the House scrapped a vote. And the market pops. Stoooooo-pid.

This market wants up so bad. Even after the Dow went up 600 points, I think it easily has another 1,000 in it, in short order. Seems insane beyond comprehension, but it is acting like it.

15.25 points off that recent aftermarket low. Un-frickin'-real. This is the quiet aftermarket. And BTW, it hit the RTH HOD.

Okay, time now to set the new high for the entire move? It's only another 3.25 points away...

I just can't see any play here except long like a million contracts. There's only one possible outcome. Huge, monster move up. Quoting from Reminiscences of a Stock Operator: "It was the only play possible."

So, only five people today. Oh, well.

Nice chart, rat. Hey, what do you know from roofer? He hasn't been in here for over five weeks. Is he okay? He didn't like, well, you know. I mean, he's okay and all that? Let me know if you know anything.

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.