I am probably not going to be doing any posts during trading today. I am far too busy. As guest posts arrive, I'll put those up.
I am totally short now, including a large GLD short position. Good luck out there.
UPDATE: I will say one thing…………..and this is Tim the chartist, speaking as a neat-freak. I am really discouraged at what a shambles yesterday's action has left charts. It is VERY hard to overlook this freaky bar on every stinking chart. I thought September 19 2008 was whacked, but today is worse. It makes the chart messy – – – in a few cases (HHH), unusable – – – and it's distressing to me as a purist about charting. BLEAH.
