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MR
mreiserer
Rep: 110
Posts: 2,220
Sure there is stuff in-between and there will be intraday short opportunities, but I just don't see how 1015-20 and then 1065-75 isn't next. I'll gladly be wrong.


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MR
mreiserer
Rep: 110
Posts: 2,220
ok, I just read through some other posts (haven't been here in a while) and see that the obvious 1015-1020 area was mentioned in Jim's thoughts.
Looks like we're on the same page...
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, and if you look at roofer's last post you can see the magnet up there from those sets. But one thing I can say for sure, this thing is super-vulnerable to any substantial bad-news event. Likely all it would do is turn it down a day or two, but it could be sharp. As T said, when it's this extended, it's no place for an new entry long-side.

I made a post Sunday night with additional thoughts in the public KT area, for those that want to read it.
RO
roofer
Rep: 3,689
Posts: 3,574
re jim's above...that is what i am looking for...spike.. then collapse...
TO
TonyC
Rep: 99
Posts: 471
"context is everything".
TO
TonyC
Rep: 99
Posts: 471
J, I posted my 2cts in the KT public thread.