And they're off ;)

PCLN down -116 today. Yes, 116 dollars a share.

Careful, that may be it, and it could, theoretically, start dumping.

What a battle.

yup it sure is

Wow, that's curious. I was about to post that it is starting to dump, then they blast it up hard into the cash close. Hmmmm.

Now it looks like they plan to take a shot at that HOD ASAP. Very odd.

How interesting. They really smoked it up hard, and then just brought it right back into the range. It does seem, though, if they planned to sell it they would have done it off this area, and they kept holding it. That may be an indication.

And now it bucks against the low end of this little range. All this is very curious to me...

While most people are debating whether the ES will go up or down from here, I'm having quite a different debate with myself. I'm debating whether the ES will hit the 1425 area tomorrow, Friday, or Sunday night. I was going to post this earlier, before the ES made this strong pop here on the 1-min, but I didn't get to it. Anyway, there is some credence to the 1415 area, and that would catch the stops from the 'bull' market high, but I think the 1425 area is much more attractive to this, from a magnet perspective.

The question I have, then, is will it blow that out and do the acceleration straight up, or will it pull back a little (not likely even to a .382/.447 area) and then accelerate? I think the 'blowout to the upside' move is about to start. No one on earth wishes this read was dead, dead wrong more than me, but, alas, I really doubt it will be...

P.S. I am not being sarcastic whatsoever in the above, this is my straight up read, just to be clear.

Now the above begs the question, at least for me, will they try for the new all-time highs, an additional say 150 points, before the election? It's only barely over 10% more, in say about three months. You know how we have those 20+, and even 30+ days? And how we put on 50-60 in two days?

To take out the all-time highs in the S&P, all this has to do is put on about 50 points per say 20+ trading days a month. About a 2.50 point average per day. I honestly think it can do this standing on its head. And, I rather suspect it will. This one is not a read, merely a 'guess' on my part, but I'm just making the argument it could do it quite easily. Recall Tony Dwyer said the S&P would be at 1575 by year end. I'm just saying it may do it a little earlier.

If so, get ready for another four years of O'Bummer...

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?