I'll start the open topic for this week. I hope the week is as 'good' as last week.

BTW, I'm getting that vibe again, roofer's getting close... If I only wouldn't keep saying something I bet he'd be back by now...

This is interesting, but hardly useful, in that my understanding is they will be POMOing for the entire year...

http://www.zerohedge.com/news/2013-01-31/shorting-market-these-pomo-days-may-be-hazardous-your-health

So, that was the best January since 1989. Best in 24 years! Wow. And that's after the market has risen about 125% (about 175% for the MidCaps). Again, Wow.

Sorry not to post, Jim, but I've been on antibiotics for the whole week and haven't even tried to turn my desktop on. I hope to come back to the forum in a few days.

Originally posted by jimkane

And yes, I am watching to see if it fails in here. I think that's a very low probability scenario, but it isn't off the table completely.

I wonder....

Anyone short that right there? I would estimate the odds of a sell into the Friday close after a big up to another new 'bulls#%&' market high to be less than one in a billion. But, I could be way off, since I was very wary of a long side play to new highs off that dip right to a key area, followed by all that chop. And I was completely off on that. They just played the game as usual. The only big difference in character was the deep pullbacks on the burst up.

It has me wondering if something's changed, but likely it's just business as usual. The Dow is a hundred and change from the new all-time highs, things are smokin', probably it's just following my initial plan that I outlaid, a blow off move that will have things up huge. This bull will not end until the world implodes and Rome burns, I fear...

Two point pullback Time for them to come in and set another new high for the entire 'Bulls#%&' market. BTW, if anyone senses I'm bitter, even though I think today was a marvelously tradeable day, they're right. There is no balance to the market anymore. You just pick your spot, buy the dip off an area, and ride, frequently until close.

Euro up 93 pips right now, over 137 on the day. Sounds about right.

That's another new all-time high for GOOG.

3-min ABCD in here. Now we see if they are going to just come right back in... I'd be shocked if they didn't. I'm surprised they've let it come in 2.25 points so far.

A little selling. No way! They need to come in here before this gets out of control. Down 3.25 off the top so far. That should be it.