Okay, let's kick some you know what this week in the market. Let's get some posts going. Enough slacking, you slackers.

As an aside, they think the Facebook IPO will price at a market cap of $100 billion! For some perspective, that's more than McDonald's! Recall my post about the end of the 'bull' when Facebook IPO's...

ABCD at key overhead TL stops this dead and checks it back. What it does here, as we get closer to the close, is critical. Recall my mention of the 1240-1250 area... Or will 1205 area cap it?

Just amazing how it did indeed check back nicely off that bearish ABCD and key TL. Very cool. And it goes right to my next key line and stops dead...

Let me add: 'For now...'

It does look like they plan to run this down a bit more. But there is a lot of potential 'support' in here.

Yeah, that support.

And so it finds 'support' right where I said, bounces up a technical amount and closes, and then 'news' comes out and it dumps, new low for the move. Just amazing, isn't it?

Originally posted by jimkane

It does look like they plan to run this down a bit more. But there is a lot of potential 'support' in here.

Originally posted by jimkane

Not a single post today? Is it time for me to threaten to close the forum again? All that I showed last night, all my European ES (or DAX or whatever) traders, and no comments? It hits 1206 right off the area I mentioned last night and then drops over 15 points (I posted the 1205 area on Sunday and said it would likely get there by Monday after-market or Tuesday...) and no one has shown any work, made a single comment?

As I mentioned before, I said I'd comment in a later post, well, here it is. I disappear from the forum, from up to 30-40 posts (or whatever) on a busy day, to none for months. No one asks where I am, how I'm doing, if there is a problem with me, nothing. Almost everyone stops posting. Jarek leaves. roofer posts once in a blue moon. Then, after a post from T that I felt required a comment, I reappear, like a Phoenix from the ashes.

And what happens? Not one single 'Welcome back, Jim.' Not a single question on where I've been, or why I'm suddenly back. No comments on the forum, or that it's good to have me back. Just common courtesy, and common curiosity. And not a single question or comment on anything I've posted. Honestly, I find that not only just totally bizarre, but not motivating for me to continue.

I also know who is coming to this forum every day. To think none of those people would even make a single comment that I'm posting again after months is just so strange to me. So, I'm losing faith that I'm doing any good in here. The things I posted have been the key points, the key tenets, of the entire methodology. Doing the work, seeing why I chose those areas to discuss, and then discussing them, that's a key thing. But not one single comment or discussion.

I'm not quite there because I'm so stubborn, but I'm real, real close to quoting roofer: "I'm done..."

Welcome back Jim! It is good to have you back. Sorry I have not asked about your health, but I think it is impolite to ask about a person's health. They might not want to discuss it.

I do not follow crude because the data I get for crude messes up the rest of my IB data aquisition. I probably should look at crude-ETFs.

I will post more.

Good Trading,

Al Kamego

if they are going to take it to the 1121 level, their vehicle of choice may be a kane 4 pt.

And that area is exactly in line with my next higher timeframe primary area in the ES.

Incredible charts, roofer.

Yeah, you have it covered. But, alas, it is futile. That's why we were exiled (or I was) to the private forum. I mean, the work we show, much of it in advance, the things we see and post (in advance), over and over, how we explain it all, not just post, how we are willing to answer questions, even take on occasional students, and I am not missed even slightly out there. All those posts, all that contribution, and not one single person e-mailed me and said they wish I would post out there, not one post saying what a waste, to drive Jim out. Nope, no one cares. All they do out there (and I mean in all forums, not specifically here) is slam.

Look at that thread for my books at Elite. It's comical, and I'm so far beyond discouraged it is unreal. My work, roofer's work in here, to me it's just so profound, amongst the best material ever discovered in the markets by anyone in any time period in market history (that's my honest opinion). And all people do is attack it, instead of see it for what it is, and go nuts absorbing it. I give up. F#%& 'em. You can lead a horse to water (or the best champagne in the world)...