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...
RA
rat89
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thank you duane
Originally posted by Duane
You are right Classic! Beautiful charts !!
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jimkane
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Like I said about roofer... He made some posts early AM today in my public area. I knew it was coming, didn't I? Just like getting the vibe on the market, I could 'sense' he was about to come back...
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jimkane
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Market is probably just swinging around waiting on the ChairSatan and his announcement in just over an hour. Then I'd like to think it would come to its senses and sell off. But probably they'll spew their usual propaganda, and it will rocket to new highs, again. This thing is so overdue for a meaningful pullback, though, it is very vulnerable to some selling, and despite the endless grind up, we all know the way it seems to work. There are no sellers, until their are some sellers. Then everyone sells at the same time, and we get the one day wonder flush. Then they order the players to stop the selling and set the machines back to slow grind buying.
So, despite that it almost always set to 'slow grind buying', full sell mode can, and does, come out of nowhere, and I need to be ready for it at any time, and to not fight it. And despite how vicious it can be, I can't let it convince me it is likely to be more than a short-term thing. Until the day that we get real news, then it will likely kick off the bear, and last for quite some time. That's my take, anyway.
So, despite that it almost always set to 'slow grind buying', full sell mode can, and does, come out of nowhere, and I need to be ready for it at any time, and to not fight it. And despite how vicious it can be, I can't let it convince me it is likely to be more than a short-term thing. Until the day that we get real news, then it will likely kick off the bear, and last for quite some time. That's my take, anyway.
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jimkane
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Now, watch for the stop sweep and monster snap up to spring the trap. Let's see...
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jimkane
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And up it starts. They probe the low, and that's it? It seems very likely. I sure wish it could do even a little selling. Not only because I like selling, but also because a balanced market is a more healthy market. But, what's the sense of talking about a healthy market nowadays. What a joke.