Afternoon Delight 11/09/11 - Game Plan - War?

For those that do not read the blog regularly and do not read the comments, you miss a majority of what I have to say and where my thoughts are more generally and liberally presented. I will try to summarize what I think the game plan is for the current situation.

As STB called from 1290 drop then pop and rise to set daily divergences then go poof. SPX cash came within 8 points of my targeted area yesterday. STB has been calling for a miserable November for some time now. So far so good on both accounts.

Now, STB has been on this larger call for some time - They need an event or market crash to allow for the debt ceiling vote to be more accommodating and to scare the markets into allowing one more massive stimulus. A move to 1040 should allow for that.