JI
jimkane
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But I fully plan to try to 'beat the system' and catch a piece when the swoooosh seller shows up, which I expect could happen at any time in here.
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jimkane
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I think it will be a boring close. Just ride, and sell out at 16:14:59...
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jimkane
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Laszlo Birinyi is calling for 1474. He seems a little conservative to me...
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jimkane
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One thing I will say for sure, I don't plan to get much sleep for quite awhile. The GLOBEX action could be incredible, and it may be on the downside, crazy as that seems. I don't plan on not seeing it. They might sell it way down, then it can gap lower and they come in on the open and buy non-stop, as they have been lately. I think it is just a scheme to get things cheap. We'll see. But this is so primed for some selling it is unreal. And they want us to not be on board when they do, so they are trying to make it nearly impossible for us.
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jimkane
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Nice little pop to the upside. Cah-ching, cah-ching. Just about right to that 902ish area. I'll check back at 16:14:59...
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jimkane
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Lots of banks up 20%-25% again today, materials and mining up about 25%, Transports up same as Industrials, 214, looking good. Lots of breakouts. I think Asia might be up another 4%, 6%, or more tonight. Hang Seng will probably be up over 1,000, maybe 1,500. Taiwan is the mover, though, popping 5%-6% per day, but may start moving 8% a day now as this accelerates. Maybe we get to my next area after 942 at 1012-1018 in the next two days, to hit my time factors I showed in the latest commentary, then maybe we pull back ten points or so, and then we can really get moving. I hope everyone gets my point. I am not the type to just say things, I want people to think for themselves. Do you understand what I am getting at? Please do not ask what I am getting at, I just told you.