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MR
mreiserer
Rep: 110
Posts: 2,220
The bullishness is obvious, but I still want to know what happens at 863 :)

JI
jimkane
Rep: 3,058
Posts: 33,089
And now the miracle ramp...
MR
mreiserer
Rep: 110
Posts: 2,220
and most banks have enough capital...
JI
jimkane
Rep: 3,058
Posts: 33,089
Did I hear one thing right? Changes in accounting measures adds 900 billion to the balances sheets? 900 billion? That's far, far more than they have written off altogether so far. Too funny. Must not have heard that right...
JI
jimkane
Rep: 3,058
Posts: 33,089
You know, common sense rarely if ever prevails in this market, so I am suspicious here, but here's my thought. It's a stubborn thought, and I'm being a little facetious. This short side play, my tendency is to think 'market on close' order or it hits a wide trailing stop, and then walk away. They either do the right thing, or who cares. But I suspect that was the low of the selling there already. I'll check back at 16:14:59 and see :-)
MR
mreiserer
Rep: 110
Posts: 2,220
just look how they're defending the LOD and gap at 382/447. That should say enough
MR
mreiserer
Rep: 110
Posts: 2,220
key spot here for the shorts
TO
tomo
Rep: 110
Posts: 238
Let's just make new highs for this run and selloff hard into middle of May
MA
Mats
Rep: 100
Posts: 262
I do not no how many times I have seen Jim fantastic numbers
and one is this ext 1.902 of last of last swing and how important
they are !!



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Mats
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, I love that 1.902. I also have some special uses for price projections with it, too.
JI
jimkane
Rep: 3,058
Posts: 33,089
You notice the low that M mentioned was also a 1.902 on the 1-min chart, to the tick.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now that's a v-spike. Right off an obvious set line. I knew they were jesting.