JI
jimkane
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Just over three hours... I can't wait. Got lots of ideas of what may happen.
JI
jimkane
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Posts: 33,089
It seems to want 43.00-.50. There is a level around those highs around 39.75.
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jimkane
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Posts: 33,089
If it can overcome this area here (I'm not so sure it can), then watch those GLOBEX highs at 42.50, as taking that high out may send it just enough over to hit my next level. Time is running out, but there is enough time.
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jimkane
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Posts: 33,089
So, look on a tick chart at the 'group of four' ES, CL, 6A, and GC, at 15:32. Notice anything? Talk about correlation... 'Risk on'.
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jimkane
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Posts: 33,089
So, now it moves up to the next area and that GLOBEX high in the aftermarket?
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jimkane
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Posts: 33,089
A few of my students may get this comment/phrase right off, but for the rest, you'd have to be a fan of 'Storage Wars' on TV. Most of my readers don't seem to watch much TV, so I think most won't get this without an explanation (especially all my overseas readers). Given that, I'll post a video for this. There was one that only had the clip I wanted, but the sound quality was terrible, and it cut off part of the screen, so I'm posting this longer one. All you have to watch is the first 5-6 seconds. That's where this saying comes from. Notice him holding the wad of cash as he says his trademark slogan. I've come to shouting that slogan out loud when the market does something I like, especially if it is a rapid movement.
Anyway, I was hoping the market would come off that HOD area, despite my thinking it may try for the next level and then drop. It has made a few nice little legs down here, and the last one was quite nice, so I shouted out: 'This is the Wow! factor.'
Anyway, I was hoping the market would come off that HOD area, despite my thinking it may try for the next level and then drop. It has made a few nice little legs down here, and the last one was quite nice, so I shouted out: 'This is the Wow! factor.'
JI
jimkane
Rep: 3,058
Posts: 33,089
Ridiculous, pathetic market. 37 minutes of action, and then over six hours of nothing. Sure, it was a grind/ride until close, but what fun is that? Sure, if one was long he or she may have had around five more points potential riding for over six hours, but a pay rate of less than a point per hour is pretty pathetic. Lots of risk exposure, and very little gain. But, mostly just crazy boring.
They blow their whole wad in a half hour. Idiots. Just plain idiots. As you can tell, even though I am of the opinion that all this craziness still seems to follow the tenets of the methodology, it doesn't mean I don't get quite upset when they are just so stoo-pid all the time. Okay, see everyone Sunday night, where I expect, as usual, drum roll, please... a gap up. Long live the bull, and his partner in crime, the ram.
They blow their whole wad in a half hour. Idiots. Just plain idiots. As you can tell, even though I am of the opinion that all this craziness still seems to follow the tenets of the methodology, it doesn't mean I don't get quite upset when they are just so stoo-pid all the time. Okay, see everyone Sunday night, where I expect, as usual, drum roll, please... a gap up. Long live the bull, and his partner in crime, the ram.

