And they're off ;)

98 might satisfy it very, very short-term. Might.

Assuming, of course, that they don't 1-2-tick game it. I don't forsee this.

The 0.886 fibo retrace is one incredible number!

Al Kamego

As it is written, so shall it be... Up 15.75 at the HOD. Right off the area I got that feeling at. Seriously, go back and read my posts. Consider my theory. Why did I post that at that very instant? See how it played out? See how I 'knew'? Read my posts after the one below. See what I was thinking, and what happened. To me, it is quite amazing. I'm trying to show the 'how' of how I do those reads that seem to impress so many.

Originally posted by jimkane

As for my previous comments, it needed just two more ticks down, and now it's 'going straight up'. Three points so far. Let's see how much it has to go. I would think it wants new highs for the move. Just because it wants it, though, doesn't mean it will get it. It has to overcome the key areas on the way up. Those will be my clue areas. But, like I said about me wanting it to go down from there real bad...

P.S. Notice there near tick for tick analogs in CL and 6A with this ES pop.

About ten minutes and Bern-Qwacke the psycho ChairSatan runs his mouth off. Although we are way 'overbought' in here (waaaaaaaaaaaaaaaaaaaaay overbought), I can't imagine any selling when he is yapping. So, can we get a big pop (or even a grind) off this area? That seems hard to fathom, but it could happen. The only thing that seems impossible to me is some selling. I have to admit it, I'm the biggest bull out there. Yes, even bigger than Carl Futia. Seriously. I think we are headed for new all-time highs, no corrections.

P.S. Please, please, please, don't ask (or even think) when is Jim being serious and when isn't he. It should always be obvious.

I see, they have brought it down a few points here into the speech, so it is better positioned for some up now.

This surely is curious.

http://www.zerohedge.com/news/short-squeezeability-two-main-market-etfs-slides-multi-year-lows

BTW, I got my long trigger off the low there, for the Bern-Qwacke pump.

Because it can't possibly go down when the psycho is talking, right?

It went a tick lower. This isn't possible. The ChairSatan is speaking. That means the market is going straight up, right? It can only be that way, right? It will turn. It must.

The way it looks, though, if they gap it up and over Sunday, that may trigger a pile on, and my initial scenario could play out. I think the odds jumped up quite a bit with this reaction off the ABCD and strong close on a Friday. Maybe 75/25 now with this action?