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...

ES strong into the futures close. AMZN now about 32 off the spike low.

AMZN now almost 40 off the spike low. At new all-time highs, by a good margin.

'Everything is as it should be, in this, the best of all possible worlds.'

Let me requote my last post:

'Everything is as it should be, in this, the best of all possible worlds.'

The disconnect with reality is just growing in leaps and bounds, day after day.

Originally posted by jimkane

So, since AMZN, a 'Golden Boy' stock right now, has come in a bit, will they explode up hugely on their earnings after the bell?

Interesting. Nowhere to go but up, right?

http://www.zerohedge.com/news/2013-01-29/nyse-margin-debt-rises-fresh-five-year-high-short-interest-slide-continues

Watching the 1-2-tick game here. But it's silly, because it only goes up, right? They need to sell it down, even a little, during the European session so they can run it up during ours. If they keep running it up overnight, can they still run it up during our session? Probably. It only goes up. So, perhaps we went up today, up tonight, up tomorrow, then we can go down in the next European session and up in our session after that. That's probably what they plan to do... Once they get the immediate insatiable buying out of the way they can get back in the groove of beat it down in the overnight and run it during our RTH.

And there's the new 'bulls#%&' market high, again...

Originally posted by jimkane

Siegel, paraphrased:

Is it too late for me now to get in the market?

No, no, not at all. Even though the market is up over 100% off the low, no, it's not too late at all.

You crack me up Jim!!

classic kane

You are right Classic! Beautiful charts !!

Hey, Duane. Welcome back.