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JI
jimkane
Rep: 3,058
Posts: 33,089
Man, I can't believe you guys. Not one single post last week in the weekly discussion, and no one starting the topic this week...
RO
roofer
Rep: 3,689
Posts: 3,574
jim- i do not know where to begin. i have sat here for an hour trying to find the exact words...what made sense no longer makes sense.. what was tried and true fails every time.
JI
jimkane
Rep: 3,058
Posts: 33,089
That's what happens when the free market and free market rules are eliminated, and everything is engineered, in my opinion. I find myself speechless most of the time nowadays, in total disbelief at what I see. Like I've said many times, I don't think the system in any form we would recognize will survive. It's just that it's likely going to take some time for it all to unravel. That doesn't mean it won't...
JI
jimkane
Rep: 3,058
Posts: 33,089
My thoughts are continued with the last post I just made now in the Economic Links topic. I was getting too far off topic for the ES discussion to post it in here.
JI
jimkane
Rep: 3,058
Posts: 33,089
I hope everyone saw that setup this started selling off of, especially the two choices of set lines. Those that have done one-on-one work with me should have seen those in a heartbeat. What it does from here we'll have to see, but the setup to start this small move was clear.
JI
jimkane
Rep: 3,058
Posts: 33,089
Sweet, or what? Watch the ABCD area here, more for clues right now than anything. Big clue time.
ER
EricD
Rep: 63
Posts: 692
i wish i would have seen the short area..
watching the 60 level for clues..if not i feel 55 would become a magent and area of interest
JI
jimkane
Rep: 3,058
Posts: 33,089
Everything 'good' comes in in the range of 53-55ish.
JI
jimkane
Rep: 3,058
Posts: 33,089
That is, assuming this isn't an ABCD in this 60 area.
JI
jimkane
Rep: 3,058
Posts: 33,089
They got the GLOBEX low stops there, at the ABCD area, so what kind of a bounce they do here should tell me a lot.
ER
EricD
Rep: 63
Posts: 692
at least a bounce through the opening price and yesterday high...which is 1064 i assume
JI
jimkane
Rep: 3,058
Posts: 33,089
71+? Or just more chop?