Euro stopped at a very interesting area, showing some potential for reversal: bullish ABCD (H4) zone at the same price level as grouping derived from bearish ABCD on D1, at the top of B point and daily MA(50).
JI
jimkane
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I have similar in the ES, rat, but somehow I just don't see this stopping...
JI
jimkane
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Posts: 33,089
I'm watching 16.25 here very closely, but the next key spot is around 25. I'll be watching that obvious overhead TL around 20-21 on the 60-min, too. Then it's new highs, again, for the 'bulls#%&' market.
JI
jimkane
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It's teasing me again. Trying to look like it might come back in a little bit. Actually, I could see it coming back in, choppily, in the overnight, so they can gun it up again tomorrow.
Is this market insane, or what?
Is this market insane, or what?
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jimkane
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GRPN has been a monster lately. It's up like 237% or so in just over a few months. Wow, what a winner. I'm glad I bought several hundred thousand shares for the long-term account. I bought a lot of ZNGA, too, and quite a few others in that group. They are all winners! Wait, GRPN just reported earnings... Ruh-roh, look at a 1-min after hours chart. Oops, down almost 30%. Don't worry, they'll rush in to buy it and run it right back up. My retirement money will be safe, it will grow. I'm sure glad Bern-Qwacke forced me out of 'safe' treasuries in my retirement account that I spent my whole life scrimping and saving up, and into AAPL (it's doing well, it will come back), GRPN, ZNGA, and all the rest. He's sure a great guy... I know he has my back.
[/sarc]
[/sarc]
JI
jimkane
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Read the links in this (and scroll up and read the article if you want). It's a 'glitch' in human nature that I simply don't understand (and I've been studying it intensively for years) why there isn't total panic, riots in the streets, and so on, like in many other countries. We will not do anything, as a populace, it seems, until we have a total collapse, then we'll be left with ruins and rubbish, and we'll all be saying 'What happened? No one could have seen this coming... What bad luck this is.'
http://www.zerohedge.com/contributed/2013-03-02/cola-changes-pro-and-con#comment-3293759
http://www.zerohedge.com/contributed/2013-03-02/cola-changes-pro-and-con#comment-3293759





