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, I'm bored, I want another new high and another dip so I can add more. Remember the inverted pyramid, you add more and more the higher it goes up.

I can't lose!!! Bern-Qwacke/Yellen have my back.

I will have a 'comment' on all this when the trading day is over.

1.27 followed by gz

Waiting any second for the pop up. No way it can go down, my back is covered. New long only hedge funds. It's all coming together. ES 3400! One analyst on TV just now said the tapering will not likely end any time soon (duh...), and that Yellen is Bern-Qwacke on steroids (that saying is only how old now?), and I thought the host's face was going to crack open she was smiling so hard.

Okay, that's surely all it can go down.

C'mon, pop up here.

Okay, it should explode now off here into the close.

Must finish on the high tick of the day.

Imagine when they announce a temporary deal! Let's see, the Dow goes up like 600 points in a few trading days on the anticipation of a deal, then when the deal happens it's buy the rumor sell the news, right? No, it's buy the rumor, buy the news. The new paradigm.

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.