In case you haven’t seen the obvious yourself, here ya go:

The question is, as always, will the favorites (aka. the bulls) pull through and buy this latest dip, yet again?  Or will the bears pull of a small victory and break on through (to the other side)?

If this weekend’s football is any indication, the bulls should pull through easily (favorites went 10-2 on Sunday, with the 2 losses belonging to Carolina (nobody cares) and the Giants (who got too fat & lazy on their cupcake early schedule)).  I got a “giant” kick out of seeing the return of the ‘Manning Face’ on Sunday night (get it…”giant”?):

Anyhoo…having recouped Thursday’s losses on Friday, I’m heading into this week still with a mostly bearish portfolio.  To avoid a major bitch-slapping, and as is usual, stops have been placed to protect the innocent:

Friday’s selloff has once again triggered quite a few new potential bearish entries.  This echoes Monday & Wednesday of last week…when Monday was a bust…but Wednesday’s buys have so far been “ok”.

• GOLD & BLACK GOLD, et al:  CAM (@39.64), DNR (@16.16), FCX (@79.79), GLD (@102.50), MUR (@62.50), OIH (@125.50), RIG (@89.), USO (@40.)
• TECH:  BGC (@38.25), QQQQ (@42.75)
• FOREIGN:  EEM (@40.25), FXI (@43.50)
• iETFs (calls):  FAZ (@20.27), SDS (@38.83), SKF (@24.82), SRS (@10.25)
• ETC:  FAS (@80.50), SBUX (@20.)

Onwards!