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albert
Rep: 99
Posts: 3,094
Here is the Trading Discussion section for the upcoming week.

Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
Keep an eye on that 99.25 previous key swing high level, and note that the .886 is at 93.75 (HOD 94.50 so far). Is this is???
JI
jimkane
Rep: 3,058
Posts: 33,089
So, it's just sitting right on the first support here. Right back up to a new HOD? Want to bet on a rollover? How are such decisions made? If the answer to that isn't really obvious to you, then you need to study the methodology and your 'Trading Plan' a bit more. And the answer isn't 'the price action clues'.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, will they sell this now? Fat chance. Turbo Timmy and Bail 'em out Benny are at the ready, right? What's the geometry say?
JI
jimkane
Rep: 3,058
Posts: 33,089
Wow, barely got that posted and some real sellers hit it. C'mon, taxpayer money spenders, get busy.

Here's a curious article. They are still rapidly bailing out of mutual funds en masse, and the market just keeps going up. Too funny.

http://www.zerohedge.com/article/11th-sequential-and-massive-equity-outflow-reignites-speculation-market-terminally-broken
JI
jimkane
Rep: 3,058
Posts: 33,089
So, AMZN just reported, and the stock is down about 15. That means for tomorrow we can expect?:

1) The broader market will be way up
2) AMZN will open tomorrow on a gap. A gap up.
3) Again, everything is great, as the earnings (and economic reports) show. So, pressure should be to the upside. This is confirmed by the strong and continuous outflows from mutual funds. In other words, everything is as it should be, and it all makes sense.

MSFT will be announcing shortly.
JI
jimkane
Rep: 3,058
Posts: 33,089
AMZN down almost 20. Should be a big day up tomorrow for the market on this news.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, seriously, do I need to be a buyer here on AMZN at 100???
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, AMZN hit 100.00 and started to bounce. Am I a buyer???
JI
jimkane
Rep: 3,058
Posts: 33,089
Futures (and AMZN) starting to rise...
JI
jimkane
Rep: 3,058
Posts: 33,089
AMZN 106.35 so far. Did anyone do the work and find the setup at that 100 area???
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, jarek, I fixed the current topic. We need to figure out how that happened. There used to be a button on the main page to lock a topic, but only I could do it. Guy told me he'll get to that at some time, but in the meantime, if one clicks on the edit post button (the one above the post that shows the pencil), there are four boxes to check before you get to the text box, the last one being 'Check here to lock the topic after this post'. That's how I locked the rocking chair topic until Guy does the full fix. I will set up a jarek test post. Please go there and see if you can edit my post (you shouldn't be able to), and if you can, check that box and see if you can lock the topic. If you can't edit my post, do one of your own, and then see if you can edit the post, and if so, try to lock it with that check mark. Let's sort this out so I can tell Guy.