Let's see if this works....never tried to start a new topic...
having bounced off the .886 friday, will it aim into the area of interest up at the .886 of last week's high, or into the box at 1.128 - 1.27, and what will it do up there?
There is some symmetry in that both blue arrows are at .886....ultimately you might expect a move that mirrors the mid march - may move, but without a significant pullback into an abcd, which we haven't seen yet?
RO
roofer
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after dumping my longs... i went roofing.... fell and broke my arm and back.....just got home....
JI
jimkane
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You're freakin' kidding me. You're not joking? Wow, sorry, I hope you heal okay. First joed disappears, now you get hurt. At least jarek's only on vacation, and should be back (I hope). Seems like the universe wants great posters to stop posting...
Originally posted by roofer
after dumping my longs... i went roofing.... fell and broke my arm and back.....just got home....
DA
day trading
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Originally posted by jimkane
This is a new viewing format Guy is implementing. It has to do with some pseudo-chat function that would allow for something like a chat in the forum. To go back to the 'old' style everyone who wants to do that needs to set it in their own personal preferences. Click on your name, click on 'edit profile', and down near the bottom you have a choice 'view type'. Change this from 'flow' to 'classic'. If I recall correctly Guy said he plans to keep that option available indefinitely. I hope he does, as I don't like the 'flow' type very much.
I don't know how long we'll keep the classic view, it might be indefinite. We won't be making any improvements to it though. The new Flow view will have new features added to it like Quick Reply etc.
JI
jimkane
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I really, really hope you keep it. I'm sorry that I don't like the flow view, I wish I did, but I just don't. Perhaps it is just being so used to the classic view for so many years, I don't know. I'd be curious to get feedback from my readers once they've given the flow view a good test.
JI
jimkane
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Posts: 33,089
Remember this post? It 'worked' again:
http://www.zerohedge.com/article/free-money-swiss-watch-and-franc-style-risk-es-spread-closes
http://www.zerohedge.com/article/free-money-swiss-watch-and-franc-style-risk-es-spread-closes
Originally posted by jimkane
http://www.zerohedge.com/article/epic-market-closing-ramp-materializes-out-nowhere-no-volume
The second chart, the risk spread chart, I follow that, and it is the best thing I have ever seen. Either the ES will come down, or the risk basket will go up. I've never seen this not converge right back. They show this frequently at ZH, and it 'always works'. As long as the correlation is approaching 1.0000 (as it has since the government took over the free markets, and yes, I am exaggerating the correlation at 1.0000 for effect), it should 'always work'. Just something everyone should keep an eye on.



