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jimkane
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So, although I see almost no chance (okay, perhaps one in a million) that this will open anything but up, and then rush up even more, I'm watching 1233-34 if this 1240-41 (Friday's low was 1242, close enough given that 40-41 is the center of the area, not the entire area) doesn't turn it. Like I said, though, it's Sunday night, so it should gap up and run, right?

One scenario is they bring it down a bit more, and then QE3 is announced, along with more Euro bailouts, and then we start Carl's march well into the 1300's, and then beyond. I think they will print until the collapse, as I've always said, and printing almost always leads to higher asset prices. (The value usually declines in reality, but the 'repricing' in devalued dollars has a higher number, like when Zimbabwe went into hyperinflation and in Zimbabwe dollar terms their stock market was the highest performing in the world (from a percentage standpoint)).

So, I think it is just a matter of does it go straight up from here, or do they bring it in a little first before all the additional intervention drives it higher. They may also bring it up a bit, and then down into the early AM, to get better prices, and then up tomorrow. I've mentioned that game in here frequently, too.

Got gold???
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jimkane
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So, it hits 50.25 and starts up again. So far, so good. But, it has to sustain and not chop from here. I have little doubt this will be up much higher tomorrow, but it may want to do that drop into the early AM I mentioned to shake everyone out before a big move. Or it may fool everyone by just grinding up from here. Too bad this profound area here can't just turn it down...
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jimkane
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Well, you got your response from Bruce, roofer. My first feeling is to get pissed and defend myself. My second reaction is to say to myself it is about exactly what I would expect. You are an infomercial for jimkane. And Bruce isn't about to make me rich. Not sure how that could happen, I think I've sold one set of books in the last six months (I'd have to check, but I know it isn't many). Given it took me three years to write them, not sure how that's making me rich.

So, I wish no one would post out there, but you are all free people, to do as you choose. It just creates problems, though, as 'they' really, truly hate me out there. Maybe I'll just start making the exact same posts I do out in my public area instead of in here. But, if I do that then they'll say I'm posting without saying how I do what I do, and I'll only show that if they sign a non-disclosure agreement as part of a mentorship. So, they'll see it as some kind of bait and switch.

I am just so f-in sick of all this. All I've done, all I've offered to people, my honest opinion is that, overall, the hours I've put out there to show my stuff, if I've netted $1 per hour, I'd be surprised. And that's not good enough? That want me to do it for $0 an hour, or actually have spent my own money for the expenses I've incurred?

It's just insane. I've had it. It's a 100% losing battle, and once 'they' turn on you, there is no going back. I'm not going to be the poster boy to be kicked around because I sell all my knowledge, and three years of hard work writing it, for a pittance. I used to be among the most respected in the entire forum, the most posts, the highest rating, and lots of positive feedback. Lots of e-mails asking me things about my posts. Then one person attacks me and now I'm s#%&, detestable scum. And no matter how great roofer's posts are, he'll always be a shill for me.

And he says not me or roofer has posted anything in advance. I'd have to look back, but didn't roofer post a bunch of charts before they hit? And didn't the market react to those? I guess he didn't see those? I got sucked in again to reading out there. I will not post. But it is getting hard for me to know how bad they hate me here, and to stick around. It's just sooooooooooo unfair....
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jimkane
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If this meanders down I am looking at two levels, 48.75-50.00, and 46.75. I'm not sure much of significance will happen until nearer to the European open, which should goose it up I would think. I can't imagine Europe going down...
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jimkane
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Bathroom break. Next stops on the way up I'm watching are 67.50-68.50 and 75.50, center of areas. I have an interesting time factor around 10:30 AM tomorrow, but it would take a lot to push this up almost another 20 points by then. I don't see it. The lower area would hit around midday (again, if the timing factor played in at all...). But time factors like that are minor things for me, just something I watch casually. As an aside, my 'bias' is long since that trigger I mentioned, and running a trailing stop while I sleep would be the approach I'd be looking at for that.

P.S. Watch this SL here at 58.75 near this 1.272, in case that's it. Okay, back to bed.
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jimkane
Rep: 3,058
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Oops, keep an eye on a minor area at 60.25-61.25. Okay, now back to bed...
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jimkane
Rep: 3,058
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So, here's something to ponder. It's mid-day, the ES hits 66.25. Center of my area is 67.50-68.50. It starts to drift down and then S&P puts Germany and France on credit watch negative. Swooooosh, down it goes. Must be some kind of coincidence, huh? You know which side I'd be watching as it started to drift down off 66.25, huh? And what does everyone think of that long trigger from last night with trailing stop? Not back for someone who never predicts anything in advance, huh?


Originally posted by jimkane

Bathroom break. Next stops on the way up I'm watching are 67.50-68.50 and 75.50, center of areas. I have an interesting time factor around 10:30 AM tomorrow, but it would take a lot to push this up almost another 20 points by then. I don't see it. The lower area would hit around midday (again, if the timing factor played in at all...). But time factors like that are minor things for me, just something I watch casually. As an aside, my 'bias' is long since that trigger I mentioned, and running a trailing stop while I sleep would be the approach I'd be looking at for that.

P.S. Watch this SL here at 58.75 near this 1.272, in case that's it. Okay, back to bed.
JI
jimkane
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BTW, everyone see the key .382/.447 here dead on a key line???
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jimkane
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If you look there is more than one super-key line. What it does after this initial, obligatory bounce is a big clue.
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jimkane
Rep: 3,058
Posts: 33,089
Watch this 55.25 very closely. A little ABCD just sent this to there, and if they were going to come back in and run this, this would be the spot.
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jimkane
Rep: 3,058
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I'm short-side bias in here, so I 'hope' it breaks down through this area. If they really sold it (I just don't see that...) I have a big area around 45. Now that's another Christmas wish for Jim.
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jimkane
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Posts: 33,089
And, drum roll please... right into the after-market close they hit... wait for it... oh, the suspense... 54.75. How did he know this? How??? Get serious, how is this possible?



Originally posted by jimkane

Now 54 and change in the after-market???