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
There's the new LOD. It's not technically a 3D, but it does have three pushes. It didn't get down into my area, though. But, I can't imagine they don't want to gun this.
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jimkane
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Posts: 33,089
Bloomberg has three bulls debating right now! Three bulls! What is the point of that? They are arguing over how high the market will finish this year.
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jimkane
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Lakshman Achuthan, co-founder of the Economic Cycle Research Institute (ECRI, the ones who 'officially' call the recessions), said he thinks the U.S. is now in recession. But just on Bloomberg I heard a 'top analyst' say the U.S. will not go into recession any time soon. Hmmmm.
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jimkane
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BTW, guess who the 'trustee' is for this PFG debacle? Yep. JPM. You gotta be F'in kidding me...
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jimkane
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Posts: 33,089
30.50! I'd say the area is hit. Now watch for a possible 'oversold' explosion.
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jimkane
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Posts: 33,089
37.50 was all it could do before the cash close, which then drew some selling. But I doubt it's done. I'd like it if it was, but I suspect this pullback will be used for the next leg up. The question for me is will that allow the downtrend to reassert itself, or are we headed back up?
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jimkane
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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.