guess I'll start ;)

there is a sea of fibs in the area we touched on thursday....will they snap it back up for the real hit or was that the trigger in disguise?




.768 / 1.128 right there at the high

567. And my first level of '565' is hit.

566...

Okay, I'm looking to buy for the huge, monster snap up and run to 700 for tomorrow.

Anybody, anybody, get the point of all my outrageous posts and witty use of sarcasm for teaching?

BTW, 565.

As an aside, the ES hit 21.25 just now. What was that level I was watching for???

They are talking on TV about how this is a buying opportunity for AAPL. They now have what looks like an AAPL promo video talking AAPL up. Same old, same old propaganda TV.

The old Jim's gut. Pretty amazing gut, isn't it? Not bragging or anything, just trying to show how I think a good holistic integration of right brain 'intuition' and left brain analytics may be a good approach.

The analysts are on TV and just about every third word is 'buy' and the most popular phrase is 'buying opportunity'. Now, although I have nothing but respect for APPL, as the greatest company in the history of planet earth (and likely the entire universe, and any other universes if there are any), did we learn any lessons from my working over of Carl today? Can't we expect that if AAPL did indeed start down in earnest (it can't, and it never will happen, of course, but if it did, in theory) the analysts would shout buy all the way down, keep raising their upside targets, and keep saying it is the buy of the century? Of course we can.

Another analyst on TV saying this is a monster buying opportunity. One after another after another, all saying the same thing. Monster buying opportunity. Interesting.

So, the play was close the short and load up super-big on the long side now as every single person on earth piles on the buying opportunity of the century?

nope

Originally posted by jimkane

Thanks, rat, I thought everyone just thought I was nuts.