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rat89
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And they're off ;)
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jimkane
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Also note, too, that with a proportional move on the Dow that I expect short-term in the ES, it would be less than 6% from its all-time high. Very, very doable. And for mainstream media propaganda, the Dow is the one that counts, not the little known S&P. I'm thinking the odds are extremely high that this will transpire.
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jimkane
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I'm anxious to see what happens when it takes out that 1403.25 high. I'd like a huge stop pop and burst up, then some sustain. I'd not like to see a 1-2-tick game and then a harsh drop. Go Bull!
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jimkane
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This 2.50 high here is right at a key line, to the tick. I sure hope it can pop over that and hammer that previous high. I'd hate to see it 3-tick me here and dump. Me, the guy always begging for the dump, and now I'm totally resigned to the inevitable upside pop. I hope that's not a sign. Jim capitulates (as far as what he hopes for), and that signals the top...
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jimkane
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I know I'm a few minutes late (I've been busy watching this), but: There it is!
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jimkane
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I am wary here and ready in case they do a vicious 2-tick shakeout drop.
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jimkane
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I see this little drop here, and I can't help (even though I'm strongly long side bias) wishing, hoping, longing for it to be crushed... I wonder, then, have I emotionally capitulated?
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jimkane
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Good thing I'm heavily long side bias...
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jimkane
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Very good chance that my saying the above will mark the top. The flat ABCD here just gave way, so now I'm watching the DT ABCD. After that, it's about a bigger correction, and 'that ain't good'. 1400 is the key spot here.
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jimkane
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Hmmm. Hmmm, hmmmm, hmmm. This acts like it could dump...
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rat89
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I'm interested to see what they do with this in this area that we know so well....


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jimkane
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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?