Market report 9/30/15/ back on Yellen's bicycle

Market closed at 16284, triggering a trailing short cover stop at 16250, gain +30, $DJI futures +180, Resistance 16300, 16857. The broader market $SP500 is weaker than the politically correct $DJI, hardly budging the downtrend , closing below the 20 day MA of 1940.All trends are still in force, except /GC (gold) that flashed a new daily "sell" signal at 1130. This is clearly a Fed funds injection by Yellen, trying to keep Obama/Buffett dream as long as possible. The purpose of raid is to force the bears and other infidels who have been waiting for years to see this market crash and crash good to run for their miserable lives and cover the shorts. It is a war and forever war to convince the world that the green pastures of the New World Disorder are here to stay, versus the opposition who are convinced that all this so called bull market of the century was a disgusting highway robbery and a prelude to complete collapse of the market system. Since short covering is completely impossible to predict, stand aside and wait for the smoke to clear, possibly adding a distant put hedge to your portfolio at the top of the rally, just in case.............Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.

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