So we are in advance, which statistically happens once in a decade and there are some lines in the current area, but who said, we can't go for something even bigger than that this time around?



Somewhere in the coming week I'll disappear for more than 2 weeks for my first holidays this year, so you'll have a chance to rest from me for some time

All I know is I'm only going to be on one side of this market, and that's the long side. I can just about guarantee I will be missing the first big swooooooooshing short play (and that roofer won't miss it). Eight days of hammering the long side has been the only 'correct' viewpoint, and I feel this is to be leaned on until it stops. That might be right here, right now, at this 1350.50 high here, or it may not be until we take out the all-time highs and go well into the 1600's. Maybe we see 100 up days in a row. Who knows. I just know I'm long side bias until this is actually going down.

the kiss we've been waiting for?

And there's the ES pop up and over. Who would have thought another 20+ points today?

Midcaps 5 points and change from a new all-time high. Russell 8 points and change. I hope people have been going with this flow, and not fighting it...

There's the nominal new high in the Q's for the entire 'bulls#%&' market.

My next levels are 55.25-56.00 and 59.25-.75, if this 52.75 can be overcome.

For the crude traders out there:

http://www.zerohedge.com/article/fractal-algo-strikes-again-infect-crude-oil-trading

Just a matter of time until we have another flash crash...

If this drops a bit more I'm watching 46.75-47.25 next.

I can't see it, though, I think this 49-50 area will send it back up... Let's hope not.

48.75 and up like a rocket ship...

Originally posted by jimkane

I can't see it, though, I think this 49-50 area will send it back up... Let's hope not.

I do have to say, as much as I like other work by this author, many commenters called into question if his research was accurate. Perhaps it is not. Nonetheless, that was one heck of a government manipulated ramp, I'll say that.