Well, since jarek is off this week, I guess I'll start the topic this time...

it's TOO PERFECT!!!!WHILE THE MARKETS ARE CLOSED!!!!....THE POWERS THAT BE WILL TAKE THE DOW FUTURES DOWN 500 SIlVER UP LIMIT AND CL UP LIMIT.! now i know why there werw so many short signals on friday...my only exposure is a large block of UCO spread over a number of accounts.

my apologies for my sense of humor.... i do however have a large block based on the work i showed... it is my largest position of the year....

No worries, roofer, those are great comments. Like I said, that area in CL was very important by my work, and I'm very bullish CL off it. The silver squeeze, and the move in gold, I think has only fairly begun. I see no place for PM's but up. There may be some checkbacks as they try their suppression games (I pray daily for steep, harsh drops... every day I pray... I wanted gold at $1,000 so bad I could taste it...), but I think the moves have barely started. I wish we'd see the down stock market moves to go with the up SI, GC, and CL, but that, I'll believe when I see it.

Very nice Kane 4PCP ABCD completing at 0.382 fibo.

Al Kamego

aapl is the tail that wags the dog in the qqqq.... it is the most over owned overloved stock out there........c'mon all it is doing is selling consumer electronics to a populace that is soon going to be facing 5 or 6 dollar gas....when panic hits they sell what is liquid.. i can easily see a 75 dollar hit back to the medianline....

fyi.... i call very small trades( afew hundred shares) lottery ticket trades... i take them to have a hand in the game to act upon what i see... lottery ticket at blue arrow....

Cool. Thanks, roofer.

Al Kamego

Great stuff, roofer. Silver is just nuts, up at 34 now. CL basis J up over 8 now off the low. I told everyone that was a key area for crude, and the roofer couldn't have done more to show what he had setting up. I'll even give you credit, the ES took a nice drop there, and I wouldn't have believed it if I didn't see it. Bounced up to a .382/.447 overlap at a key line, to take out that bigger bullish ABCD (make it fail), so the setup was there if one wanted it. An obvious, good-sized bullish ABCD at a key area that fails is a big clue. But, if they just pump another few trillion in, it won't matter, up it will go. So, I'm not so sure we'll actually see some real downside.

As far as the big dog, yeah, it's the most overowned stock I think in history, was is 195 hedge funds, or was it even higher on the last tally? If they have to liquidate, watch out. But, even if it got 'crushed' well into the 200's, is that cheap? I don't think so. Kind of like when we had gasoline well over $4 last time, it nearly killed us. When we hit $5-$6 (there is a thing on TV right now how it may be headed for $15 (Weeden & Co)), we'll beg for $4+, or even $6, maybe even $10. $250 only seems like a great price because it was around $365. I still think $250 is a joke for that stock. It's all perspective. I'm not speaking to where it may rise from, or what is a good trading decision, only what I consider 'value'. Just some musings. Great work, roofer, as always.

BTW, priced in Euros, silver just took out the Hunt brothers all-time high.

http://www.zerohedge.com/article/silver-takes-out-hunt-high-when-priced-euros

the key is to do the hard mind numbing work to know when the indexes are going one way and certain stocks are going the other way.as the indexes are going up you will get to the point when 90% of your stocks are on sell... then the indexes go down... here is why i was short AMZN all day as the indexes were going up..