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JA
jarek
Rep: 94
Posts: 3,474
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?

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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
AL
albert
Rep: 99
Posts: 3,094
Kane TD ABCD with DBS at Point D. Nice.

Al Kamego


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JI
jimkane
Rep: 3,058
Posts: 33,089
Here they come, new highs for the move coming soon, I think.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yay, some selling. Hard to say if it was just a little size coming in, or what. The volume is so low any size at all can really move it. Understand, I'm champing at the bit to get on the short side, so I'm 'rooting' for some selling to start.
JI
jimkane
Rep: 3,058
Posts: 33,089
Ah, Moody's just cut Portugal's ratings. Like the market cares... So, it will probably make that little sell-off back quickly.
RA
rat89
Rep: 0
Posts: 7,015
that comes as a total shock



Originally posted by jimkane

Ah, Moody's just cut Portugal's ratings.
RA
rat89
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Posts: 7,015
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JI
jimkane
Rep: 3,058
Posts: 33,089
And yes, I was being a bit sarcastic commenting that the market will likely make it back quickly, since that is what it seems to do. The worse the news, the more it ramps.


Originally posted by jimkane

Ah, Moody's just cut Portugal's ratings. Like the market cares... So, it will probably make that little sell-off back quickly.
JI
jimkane
Rep: 3,058
Posts: 33,089
NFLX at another new all-time high, on a huge gap up.
JI
jimkane
Rep: 3,058
Posts: 33,089
Let's see what they do off the TL and set line area from the setup Al posted. It 'sees' it. Now let's see if they start a ramp up, or just a bounce and roll.
JI
jimkane
Rep: 3,058
Posts: 33,089
They sure are defending this area. They know how much this would look like a mini-top if they let it go substantially below here. A mini-top after five explosive days up. Not good for the bulls, so they'll try to fight it, I think.
JI
jimkane
Rep: 3,058
Posts: 33,089
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.