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JI
jimkane
Rep: 3,058
Posts: 33,089
Just getting ready...
JI
jimkane
Rep: 3,058
Posts: 33,089
Indications just came in. Gap up to 60.75 (and the SPY indicated down about two points after Friday's close...). What a shocker.
JI
jimkane
Rep: 3,058
Posts: 33,089
The indications have ticked down twice so far, now at 59.50, up a tick from the close. But this is just a starting point, and it can explode from there, in either direction, on the open. I would 'guess' up. I just can't imagine down, despite how much it needs some down for a bit.
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jimkane
Rep: 3,058
Posts: 33,089
58.75 now. Down two ticks. No way!
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jimkane
Rep: 3,058
Posts: 33,089
59.25 now...
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jimkane
Rep: 3,058
Posts: 33,089
I'm ready for the pop on open...
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jimkane
Rep: 3,058
Posts: 33,089
Time to start rising off 54? That's a very good question.
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jimkane
Rep: 3,058
Posts: 33,089
Of course we all know I'd like some downside for awhile...
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jimkane
Rep: 3,058
Posts: 33,089
What the hell just happened to crude???
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jimkane
Rep: 3,058
Posts: 33,089
No news on blogs, nothing on ZH yet, nothing on Bloomberg, crude just dropped almost $5 in minutes, then bounced up around $2.65 in minutes. And Bloomberg isn't saying a single word. If they released from the strategic reserve (why would they do that???) it would be all over the news.
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jimkane
Rep: 3,058
Posts: 33,089
Crude just dropped again, taking back all that bounce up and setting a new low. And still I can't find any news of any kind anywhere. Crazy odd...
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jimkane
Rep: 3,058
Posts: 33,089
That was a nice finish in my opinion. Nice grind down all day. Get in, ride until close. Boring, but a good plan if one implemented it.