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

Seriously, I'm not really looking at 'daytrading' right now. It's more like buy right before the open, hold until close, or if it's strongly rising just hold, and so on. Usually good for 20-30 points on most days. One has to wonder where all the money is coming from to make such a technique, which ever suckers are doing daily, work so well. I just heard today about a new long only hedge fund that just started, and they got billions instantly. And with Yellen in, it looks like we are on our way to a new, permanent prosperity.

Okay, Schumer is making comments. ES should really take off now. Here comes that 10 or more.

Here comes a short tease sucker trap. Let's get a few people in that think this has gone up too far, and then snap up hard and destroy them. Yawn.

Are they going to snap it already? I think they should drop it another point or two. C'mon.

A three point drop trap? That's all they will risk?

Rising bell to bell. Pretty amazing how the character of the market has changed lately. Open the trade at the open, hold until the close, close it, book huge monster profits, get up tomorrow, do it again. Continue until Dow hits 32,000 in two years. Buy a little island, like Hawaii. EZ-PZ.

game zone at .786

Yeah, rat, you'd think all that would produce a reaction, eh? Nope, right up and through it, headed for new highs, then 32,000. It's different this time, it's a new paradigm.

Anyway, I added big time on that dip. Every dip is an add on, big time. Pyramiding all the way up. I wonder if I'm going to get a margin call. Nah, the profits will take care of that.

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.