I have a deep and abiding love for movies, particularly dark and depressing ones. Magnolia (1999) by the brilliant P.T. Anderson is particularly dear to me, and this one scene in particular is one which I have soaked deep to my soul:
Here’s your swing-trading watch-list:
Long Colfax (CFX)
Since I had a good day, I wanted to provide our savior Marty with an encore performance. For the uninitiated, this clip is of a ventriloquist’s dummy preaching against the sin of pornography (I suppose because it would give him wood or something), and – – fittingly – – a verse from the Biblical book of Timothy is offered. We needn’t go into the conviction of the (lame) ventriloquist again, since long-time Slopers are all too familiar with his cannibalistic tendencies. Enjoy………
SPX retested the ATH as expected yesterday, but made a marginal lower high, as did NDX, which I wasn’t expecting. An acceptable double top setup has formed, and if we now see a daily closing break break below the daily middle band, currently at 2178, then this swing high is likely in.
Well, that spiffy little symetric triangle I discovered on gold turns out to be reasonably important. We continue to weaken on gold (and, consequently, miners). Here’s the front month: