Kickin' it off.

1.618

Wow, lots of great posts today, crew.

I can't get over the speculative mania in the NASDAQ lately (as seen clearly on rat's QQQ chart above). It's just stoo-pid. Look at FB, GOOGL, AMZN et al. Stoo-pid.

That flash crash in gold last night was really something. Shows, to me, just how fundamentally broken this market/system really is. Here's an article.

http://www.zerohedge.com/news/2015-07-20/last-nights-gold-slam-so-furious-it-halted-market-not-once-twice-and-funniest-explan

The chart here is really interesting. Amazing how the previous bubbles all ended in the four hundred and change percent up, and that's where we are now. If we get Armstrong's DOW 43,000 then this one would end up over 1,000% up. How would that look on this chart? Wow.

http://www.zerohedge.com/news/2015-07-20/115-years-context-current-equity-exuberance

Interesting chart.

http://www.zerohedge.com/news/2015-07-20/deflationary-boom-20-commodity-index-crashes-13-year-lows

Come on, drop it please.

I'm still looking for a short side play.

So far so good. My AOC is at 2108.

ES still rising in the little Friday 'after futures close' session.