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jimkane
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Just over three hours... I can't wait. Got lots of ideas of what may happen.
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jimkane
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Posts: 33,089
So, it blew out that area and went to the bigger bearish 1.000 ABCD area, and reacted (slightly). But, as much as I want to be bearish, and as much as I thought the GZ had a chance to fail, it once again didn't, and I can't see this sweet bearish ABCD playing out, either. It seems the 'bulls' are back...
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jimkane
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Posts: 33,089
First MF'in Global, now this. You gotta be F'in kidding me... Why anyone (even myself) is still willing to put money anywhere or trade, I can't even imagine. Why the human race (and Americans especially) are so optimistic in the face of overwhelming evidence to the contrary, I just can't fathom.
How much corruption does it take to get people to act? As I heard about the depression, the bear market was over when no one (for the entire upcoming generation) was willing to touch the stock market. Think we are there yet? Too funny, with everyone a 'bull' calling for new all-time highs. This thing is a long, long ways from played out...
http://www.zerohedge.com/news/futures-brokerage-pfg-best-freezes-accounts-following-discovery-accounting-irregularity
How much corruption does it take to get people to act? As I heard about the depression, the bear market was over when no one (for the entire upcoming generation) was willing to touch the stock market. Think we are there yet? Too funny, with everyone a 'bull' calling for new all-time highs. This thing is a long, long ways from played out...
http://www.zerohedge.com/news/futures-brokerage-pfg-best-freezes-accounts-following-discovery-accounting-irregularity
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jimkane
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Posts: 33,089
And right up off it it goes. How hard is it to apply the same techniques and see where it is key to watch to see if it may follow through or dump? Lather, rinse, repeat.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll say more than I should. Watch this 47.75 now for the next clue.
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jimkane
Rep: 3,058
Posts: 33,089
The coil is tightening, and it will break soon. It looks like it will break 'up', but there are some really key lines here, so if it does, it has some (very short-term) significance.
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jimkane
Rep: 3,058
Posts: 33,089
Just unreal. Will anyone ever go to jail?
http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized
http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized
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jimkane
Rep: 3,058
Posts: 33,089
Am I next? You? I don't wanna get Corzined. No, please don't Corzine me. Nooooooooooooooooo, I don't wanna, I don't wanna. I don't wanna get Corzined...
JI
jimkane
Rep: 3,058
Posts: 33,089
For you silly gooses that don't know what getting Corzined means (are you living in a cave, don't you know what happened with MF'in Global?):
http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized#comment-2600438
and
http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized?page=1#comment-2600424
http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized#comment-2600438
and
http://www.zerohedge.com/news/pfgbest-now-mf-global-part-2-220-million-segregated-client-money-has-just-vaporized?page=1#comment-2600424
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.