Welcome back everybody! I just returned from my longest holidays in many years. And it looks like the best trading action of the year started just after I left and lasted for whole that period... Coincidence? :-)
Fortunately charts tell us, that it should last for at least some time to come:
JI
jimkane
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12.25 points straight down, so far. You might say I'm happy. Understand, too, I was strongly long-side bias intraday into that area.
JI
jimkane
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Still going... Energizer rabbit. 13.50 down now off that high.
'And train, it won't stop going, no way to slow down...'
from Locomotive Breath, by Jethro Tull
'And train, it won't stop going, no way to slow down...'
from Locomotive Breath, by Jethro Tull
JI
jimkane
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Good thing they closed the futures. Down 15 and falling like a rock. This is more than I expected, and has me right on the edge of a read saying something has changed. Hmmmmm.
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jimkane
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Watching SPY after-market to see what they are doing until they reopen ES at 16:30.
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jimkane
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I hope everyone realizes I don't make posts like this to be funny, to take up space, to up my post count, or to find something to do with all my tons of free time. Whenever I post anything I do it for a reason, to make some kind of a point. Understand, my points are my points, based on my approach and my methodology, and most of all my teaching style. When it comes to things I say and post, nothing is noise.
Originally posted by jimkane
So, Jim, how did you know to be extra watchful in that 18.75 area? Tools. It's all about the tools. Do you swear to use the tools, all the tools, and nothing but the tools? Yes, yes, I do, Your Honor.




