Jim, I will join in on this lonely endeavour for a little while.
986-987 super key spot imo. Expect to blast right through it...
JI
jimkane
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It is a monster bull market, and so easy to trade. Long, and never wrong, is my slogan. Asia up about 100% off the low, we are plus or minus 60% in our indices, and I think we're barely started. We'll all look back on this and marvel at what a windfall the rampers gave us all.
MR
mreiserer
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..and I am beginning to think that I am/was right in my suspicion that the greatest manipulation ever is taking place and they are able to pull it off..who cares about being able to pay back debt when everybody is in equal deep ****...
JI
jimkane
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Next good spots I have in ES are around 1,100 and 1,200. Maybe after that it pulls back a couple of points, then on up to new all-time highs. At this pace Asia will be at new all-time highs in 1-2 months tops. It's a good time to be a bull. Commodities, too, they should be exploding on the total recovery in the global economy.
JI
jimkane
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quote:Yeah, it looks 100% like you will be right. I'm glad for you, because I'm sure you are making a mint on calls during this ramp. The main issue I have is that I simply can't figure out the mathematics about how they are pulling it off. Something is missing from my equations, because the math can't lie, the laws of physics can't be circumvented. So, I'm missing something about how they are doing it. I probably won't figure that out until after the fact when more is known. It's a pretty great scheme if I can't even come up with a single model explaining what we can all see is happening before our eyes. But, if what seems to be happening unfolds, I would think we would all be able to make money beyond our wildest dreams. Not a claim, just something that looks obvious. Buy lots of calls, hold, market goes way up, we all make tons of money. Not advice, just stating something that seems obvious if M is right.
Originally posted by mreiserer
..and I am beginning to think that I am/was right in my suspicion that the greatest manipulation ever is taking place and they are able to pull it off..who cares about being able to pay back debt when everybody is in equal deep ****...
JI
jimkane
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quote:No, I mean the big correction they have all been talking about. Maybe from 1,200, and it will be big. Might even be two full points...
Originally posted by mreiserer
you mean a pullback of a couple of ticks, right (?) :)
JI
jimkane
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Note this tiny little checkback is sitting right on a key line I have. Just waiting to see is this 'suicide short' is going to give any more, or if it triggers to the upside for round 2.
JI
jimkane
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Really close to a long trigger. Let's see if they can do any more than a headfake. I think they may have a couple hundred more Dow points in them.
JI
jimkane
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quote:Yes, but even cheating fits some mathematical equations. It's like if I were a master magician and I saw a trick performed by another magician, but couldn't figure out how he did it. I know it isn't 'supernatural', but I can't for the life of me figure out how he did it.
Originally posted by mreiserer
quote:
Originally posted by jimkane
quote:Yeah, it looks 100% like you will be right. I'm glad for you, because I'm sure you are making a mint on calls during this ramp. The main issue I have is that I simply can't figure out the mathematics about how they are pulling it off. Something is missing from my equations, because the math can't lie, the laws of physics can't be circumvented. So, I'm missing something about how they are doing it.
Originally posted by mreiserer
..and I am beginning to think that I am/was right in my suspicion that the greatest manipulation ever is taking place and they are able to pull it off..who cares about being able to pay back debt when everybody is in equal deep ****...
It's called cheating...