JI
jimkane
Rep: 3,058
Posts: 33,089
I have no life... I'm starting this topic early because I am sitting around, waiting for Sunday night GLOBEX and my world to begin again...
JI
jimkane
Rep: 3,058
Posts: 33,089
Wouldn't it be cool if Carl Futia and all the other bulls are right? This move, which is starting out exactly like the Dec 2011 move, was the same, and we had three or more months of linear, straight up movement, just like then? Up over 200 points, just like then? Then we'd be over 1,500, just like they all say? Wouldn't that be cool?
Seems early to start the election ramp, though...
Seems early to start the election ramp, though...
JI
jimkane
Rep: 3,058
Posts: 33,089
10-min bullish ABCD here. First clue. They need more, a lot more, to the downside, but like a kid given the choice of candy or vegetables for dinner, will they do the right thing?
JI
jimkane
Rep: 3,058
Posts: 33,089
Food for thought. Maybe all those bulls should actually think about this for more than one second before dismissing it.
http://slopeofhope.com/2012/06/and-now-the-bear-case.html
http://slopeofhope.com/2012/06/and-now-the-bear-case.html
JI
jimkane
Rep: 3,058
Posts: 33,089
Loopy Jim. I need more sleep. Lots more sleep. I was just sitting, watching the news on TV, pondering my day with the markets, when it hit me I had been off by one cycle in identifying the ES contracts in my posts. I was saying Mar like it was the ending contract and June like it was the upcoming rollover contract, when I meant June and Sept, respectively.
No one called me on it (if you see something like this please post a comment so I can get it straightened out). I'm sure everyone knew what I meant, and the highs I mentioned, with their numbers, would have made it clear which contract I meant, but anyway, I fixed it in the posts where I saw it. I think I got them all, but if not, feel free to point it out to me.
When I was much (much) younger I was into motocross racing. Like all the major endeavors in my life, I do things 110% or not at all. I had a T-shirt back then that I still remember word for word what it said: We eat, sleep, ride, talk, breathe, dream, live and love motorcycles. I need a new shirt now that says: We eat, sleep, ride, talk, breathe, dream, live and love the markets. The 'ride' part is especially apropos. I thought of this because before I remembered my Faux Pas with the contract dates I was going to post:
Like I mentioned last week, I have no life outside the markets. Here I sit, on a Friday night, my better half sitting there probably wishing I'd come up with something for her and I to do, and all I can think about is how am I going to make it to Sunday at 3 PM?...
No one called me on it (if you see something like this please post a comment so I can get it straightened out). I'm sure everyone knew what I meant, and the highs I mentioned, with their numbers, would have made it clear which contract I meant, but anyway, I fixed it in the posts where I saw it. I think I got them all, but if not, feel free to point it out to me.
When I was much (much) younger I was into motocross racing. Like all the major endeavors in my life, I do things 110% or not at all. I had a T-shirt back then that I still remember word for word what it said: We eat, sleep, ride, talk, breathe, dream, live and love motorcycles. I need a new shirt now that says: We eat, sleep, ride, talk, breathe, dream, live and love the markets. The 'ride' part is especially apropos. I thought of this because before I remembered my Faux Pas with the contract dates I was going to post:
Like I mentioned last week, I have no life outside the markets. Here I sit, on a Friday night, my better half sitting there probably wishing I'd come up with something for her and I to do, and all I can think about is how am I going to make it to Sunday at 3 PM?...





