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
Rep: 3,058
Posts: 33,089
Wow, some real sellers. Imagine that. And it did drop off that bearish ABCD that formed off the 4PT, right at that upper // it battled so long with. Once it failed the second small bullish ABCD it was clear it was all over. I am really shocked they didn't manipulate it up to 1,000. I'd say it's starting to fall of its own weight and the endless stream of bulls on TV all day, but we all know it will be up another 200 or 300 tomorrow, on a bullish spin to the GDP report or some other ridiculous manipulation. Maybe they can even get it to 1,000 in the after cash...
JI
jimkane
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Posts: 33,089
I wouldn't bet even a nickel on it happening, but a gap down tomorrow would be one heck of an island reversal.
JI
jimkane
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Posts: 33,089
Okay, see everyone tomorrow, maybe. I'm getting a little tired of doing the commentary, so I may do it only when I feel like it.
MR
mreiserer
Rep: 110
Posts: 2,220
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...
MR
mreiserer
Rep: 110
Posts: 2,220
This is probably coincidental, but I had two sets that produced lower //s at the spot Jim mentioned. I frequently draw sets where price has moved outside of a set's boundaries, if they react at outer lines I give them more credibility.
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
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...