if there will be no bad-bad news, that's where it wants to go, i think.

but overall, very risky to short big or long big, imo.

play small ok.

taking a pause from the market?
olympics badminton... fabulous matches this evening.

lee chong wei beat lin dan, will go for gold.

spanish woman wins singles gold.

coming up... malaysia men doubles going for gold!

(msia has never won an olympics gold, maybe holiday monday if they win! )
ok... back to stocks, oil...

all wound up, all eyes on rig count at 1am.

if count decr or small incr, i bet it will shoot past 50.

saudi: "we may discuss" = +12%.
iea: "glut over" = +5%
russia: "we will work with saudi" = +5%.
iran: "we may cooperate" = +3%.

china weak nos. = -2%
rig count incr = -1%
inventory buildup = -3%
fed: "may still raise rate in sep" = -2%

net = +17%, i.e from 40 to 46.70 in 16 sessions.

next... anything from mouth(s) of opec, fed, ecb, china, japan.

even libor (london) rates is now talked as a factor for rate hike!

so, anything goes...

wti... 43.45, still no support.
wanna go back to 40 so quickly?

nasdaq all time high.

would love to see goog hit 800.

Almost hit that spot 3 times... but it has to roll back down to gather bulls momentum.
I think sooner or later, it will do it.

There's just too much money on the sidelines here.

I was hoping for at least it can pull back down to 2010.xx level (last break out level) but almost there too.

I think AAPL got chance to go back down to 100 level very soon.
Just be patience. If happens, do you dare to buy?