Well, will it gap up and make me cry (actually p#%& me off to no extent*...)? Can it keep running after going essentially straight up over 63 points? Will it blow out my great areas, as seen in rat's charts? Are the odds really what I think them to be, 0.0001% that it could go down here? These, and many other interesting questions, are about to be answered...
*Understand that I would be p#%&ed off to no extent not because I don't think this upside has been tradeable (I think it was highly tradeable), but because I want the market to be allowed to 'do the right thing' and move to fair value. I'm just sick (sick) to my stomach over this endless manipulation. The worse the situation gets, the higher the market goes, and the more the 'bulls' talk about how fair value is much, much higher. Ugh.
JI
jimkane
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And there's the reaction to the key area. But will it just be a dip, like the reactions to the other levels? I can't wait to see.
JI
jimkane
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The problem with this plan, for you and I, is that this acceleration in the 'competitive devaluation' race to the bottom is that our purchasing power is going to go way down, and prices way up, for just about all the things that we use. Oh, well, whatever I can do for those banksters and big multinationals. Ask not what your country (defined as: banksters and big multinationals) can do for you, ask what you can do for your country.
http://www.zerohedge.com/contributed/2012-08-02/hint-draghi-euro
http://www.zerohedge.com/contributed/2012-08-02/hint-draghi-euro
JI
jimkane
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So, I guess the way the stock looks, Knight will be done for, 'taken out' soon. But, who will be on the hook for the $441 million (so far)?
JI
jimkane
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Still rising, pushing up to the top of this level. Like I suspected, it wants 'up'. Cool. Another read 'dead on', in my opinion.
JI
jimkane
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Knight looking at bankruptcy. All because of one algo gone wild. This 'market' is insane.
