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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, crew, let's kick some buttkowski this week.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'm just beyond loopy now. I'm still puttering with my work, and I do have a time factor right at the European open for that same area. So, all I'll commit to right now is 1503 is a key area, and I have time factors for 00:00 and 3:00 Eastern, so 'somewhere in there'. I don't put too much stock in the time factors anyways, except to guide me to the appx. time, and that's all.
RA
rat89
Rep: 0
Posts: 7,015
exit sign right at the stretch to 1.618

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RA
rat89
Rep: 0
Posts: 7,015
they wouldn't do that.....would they?


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RA
rat89
Rep: 0
Posts: 7,015
another dow stock getting to a very hot area


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JI
jimkane
Rep: 3,058
Posts: 33,089
Nice stuff, rat. It shows what is possible...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, that totally looks turned there, and now headed up. That's in line with what I would suspect. Anything more here and I would pretty much say 1503 is dead. But, it could go to 6.50, and if it aggressively turned down there, that would be okay. Of course it could turn right here and that would work, too.
Point is, any more strength and there's 'nuttin' but blue sky' overhead, in my opinion. We shall see.
JI
jimkane
Rep: 3,058
Posts: 33,089
6.50 hit. Now we see. I think we'll see more upside. But, just in case, watch here. Of course, for reasons other than my techniques, a lot of people are watching here because of the obvious TL. Not likely that will turn it down...
JI
jimkane
Rep: 3,058
Posts: 33,089
Oh-frickin'-brother. Like I keep saying...

http://slopeofhope.com/2013/02/think-were-not-at-a-top-watch-this.html

64% a year. She's about returning double of what the best of the best hedge fund guys in the world can do. Sweet. I'll be following her work from now on. For those that also think she's the new guru, here's a link.

http://foxonstocks.com/

I particularly like this line:

"Fox is producing a series of videos to encourage everyone to trade."

Recall those TV commercials during the dotcom bubble about the teenager with his own helicopter and so on? And Stewart, teaching his boss how to trade online to make untold sums. Teenagers who have zero clue making zillions trading.

Hmmm, Bloomberg has guests on that say it's not too late to get into the market (even though the MidCaps are up like 175% off the low), the calls are for much, much higher prices because stocks are extremely undervalued at this level, and now this. Is that what you hear at market bottoms, middles, or tops? 'Nuff said.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES reacts right off 6.50 nicely. I wish it was enough...
JI
jimkane
Rep: 3,058
Posts: 33,089
I found it, I found it, I found it. The resolution is about the worst I have ever seen, but here's one of the classics. I'll look for others, but I'm not sure they exist. I bet I have some on some old video tapes, just by chance.

DU
Duane
Rep: 100
Posts: 1,095

Good Stuff jim thanks for posting!!