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jimkane
Rep: 3,058
Posts: 33,089
12.00 is an overhead TL, so watch there, and then at 14.00. This will give me some clues as to if they have anything in the tank at all.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, I think the slippery eels are coming in now. The next real area for them is at 15.00-16.50, then I'll see how serious they really are.
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jimkane
Rep: 3,058
Posts: 33,089
What a truly beautiful shakeout that was. If they were here I'd shake their hands, that was absolutely magnificent. I'll give credit where credit is due.
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jimkane
Rep: 3,058
Posts: 33,089
I think this is going to run until close. Let's see if it blows that 15.00-16.50 area out. It's acting like it will. But, that may also be something they are doing to set it up. We'll see.
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jimkane
Rep: 3,058
Posts: 33,089
Get ready, this may actually want to get to 26 or so before the close.
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jimkane
Rep: 3,058
Posts: 33,089
Wow, as I was typing that it smoked that area with a vengeance. Is this nuts or what? At least I saw the change at that low almost to the tick.
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jimkane
Rep: 3,058
Posts: 33,089
The news is now old news, but it was some silly nonsense about an agreement at the EU summit. The market likes this, because it implies a ton more money printing, of course.
http://www.zerohedge.com/news/stocks-dont-even-need-rumor-surge-now
http://www.zerohedge.com/news/stocks-dont-even-need-rumor-surge-now

