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JI
jimkane
Rep: 3,058
Posts: 33,089
Everyone should watch this.
http://www.zerohedge.com/news/2013-01-10/guest-post-why-you-are-powerless-against-government
The one thing they don't say is the real reason something like this happens. Here's my opinion. We are biologically programmed to follow a leader, an 'alpha male'. It's a behavior common to primates. Only those with the genetics to be an alpha don't have the following instinct, and even an alpha, if superseded by a more powerful alpha, may become a follower.
It's in our nature to do exactly what is in this video, and that is why it happens, and the 'bad guys' play off that to make it work. Body language studies have shown how presidents and such use major body language cues that denote alpha status. Whether they do this because their role goes to their head (and it then just happens 'naturally') or they are schooled in it (I think this is highly likely) is not fully clear, but they do, indeed, do it, and it makes people swoon.
http://www.zerohedge.com/news/2013-01-10/guest-post-why-you-are-powerless-against-government
The one thing they don't say is the real reason something like this happens. Here's my opinion. We are biologically programmed to follow a leader, an 'alpha male'. It's a behavior common to primates. Only those with the genetics to be an alpha don't have the following instinct, and even an alpha, if superseded by a more powerful alpha, may become a follower.
It's in our nature to do exactly what is in this video, and that is why it happens, and the 'bad guys' play off that to make it work. Body language studies have shown how presidents and such use major body language cues that denote alpha status. Whether they do this because their role goes to their head (and it then just happens 'naturally') or they are schooled in it (I think this is highly likely) is not fully clear, but they do, indeed, do it, and it makes people swoon.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, key decision point here for the ES. This could (what, 1% chance?) bring the ES back in here.
JI
jimkane
Rep: 3,058
Posts: 33,089
The ES looks simply explosive in here, right at a super-key SL. If this blows out, I'm watching the 69+ area next, but a break of this SL would do damage to the idea of a pullback, I think.
JI
jimkane
Rep: 3,058
Posts: 33,089
Technically, I'd really, really like a big pullback in here. Right here.
RA
rat89
Rep: 0
Posts: 7,015
I was early before....wasn't sure they had it in them, but all the indexes are at a wall right here
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JI
jimkane
Rep: 3,058
Posts: 33,089
Another day, another new all-time high for the Russell and the Midcaps. Transports knocking on that door. S&P hits a 5-year high. Ho-hum. Same old, same old.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES two ticks from that Sept high at 68.00. I wonder what will happen?
JI
jimkane
Rep: 3,058
Posts: 33,089
It's acting like the next frenzy leg has started, like a monster short-covering rally kind of a feel, like it had off the recent bottom. It's acting like it wants another 100 points on it as fast as it can. New all-time highs. Normally I'd say it's trying to look like that so they can smack it back hard, like you said. But I am getting a funny feeling this is what they want to do with it. No pull backs, just hammer it up. I hope I'm 'wrong', but I'm starting to think I'm not going to be...