| TIME | ALERTS | |
| 16:04 | Trade #7 -- Out at 1653 [+2]
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| 15:50 | Looking for 1652
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| 15:49 | Looks like sell-off into the close.
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| 15:49 | Trade #7 -- Sell 1655
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| 15:47 | Trade #6 -- Stopped out 1656 [-2] --> correction
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| 15:47 | Trade #6 -- Stopped out 1655.75 [-2]
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| 15:42 | Trade #6 -- Buy 1658
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| 14:58 | Trade #5 -- Out 1660 [+2]
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| 14:46 | I imagine a lot of traders do not want to be long this weekend after BO said he will address the nation on Tuesday. Sounds like missles flying over the weekend or Monday. Nasty Mars Square Saturn aspect on Monday. Aspect of aggression and war.
Option traders have been told to buy Silver Calls.
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| 14:32 | Trade #5 -- Sell 1662
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| 14:27 | Still waiting for 1661.5
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| 14:24 | Trade #5 -- Sell 1661.5
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| 14:15 | Would short if the current 5-minute candle closes below 1662.
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| 13:08 | 10-minute chart is pointing higher.
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| 13:07 | Trade #4 -- Out 1659 [+1]
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| 13:07 | Take 1659 if you can.
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| 12:41 | Trade #4 -- Lower Stop to 1660 (breakeven)
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| 12:36 | Bollinger Bands very tight on 5-minute chart.
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| 12:05 | Trade #4 -- Limit ???
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| 12:05 | Could see 1650
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| 11:55 | Trade #4 -- Sell 1660
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| 11:45 | Waiting now for a bearish candle confirmation.
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| 11:44 | A little distracted this morning due to some other events going on in my life.
As for Trade #3, we should have waited for 1660 or 1659 due to the ROUND NUMBERS Rule. The market is attracted to round number like 1660, 1670, 1650. Notice the bottom today was near 1640.
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| 11:39 | I''m looking for a top here. 1660 is likely it.
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| 11:23 | Trade #3 -- Stopped out 1660
Sorry for being late posting. I got called away.
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| 11:00 | In at 1658
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| 10:58 | Trade #3 -- Sell 1658
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| 10:57 | 1658 may be a good short area.
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| 10:30 | Trade #2 -- Out 1649 [+2]
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| 10:16 | Trade #2 -- Buy 1647
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| 10:13 | May go long again. waiting for 10:15.
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| 10:10 | According to the numbers they released Thursday, the percentage of the US population actually taking part in “work” is down to 43.7% <http://www.gallup.com/poll/164273/payroll-population-rate-drops-august.aspx>, which is nearly 20 points below what the government has been selling; generally in the 60’s.
http://urbansurvival.com/blog/2013/09/06/which-job-report-to-believe/
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| 10:02 | BO is speaking --> http://www.zahistations.com/watch-cnn-usa-live
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| 10:01 | Trade #1 -- Stopped out 1644 [-2]
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| 10:00 | 1-minute chart is moving sideways = a move further down.
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| 09:52 | Trade #1 -- Stop 1644 -- Limit 1650
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| 09:50 | Trade #1 -- buy 1646
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| 09:47 | Get ready to go long
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| 09:41 | Watching the 1653 level for support.
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| 09:32 | Treasury prices pop following the slight miss in the Nonfarm payroll print. TLT +1.25% and the 10-year Treasury yield falls to 2.87% (was 2.96% ahead of report).
Stock index futures move to session highs, the S&P 500 (SPY) +0.55%.
The headline miss was just 11K jobs, but July''s 162K print was revised down to 104K, and June''s 188K gain was cut to 172K.
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| 08:34 | Market spiking +10 point before the open.
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