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rat89
Rep: 0
Posts: 7,015
I have nothing to say, but I'll kick off the week's thread
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, 'news' out of Cyprus, no 'bank tax'. The market likes it so far. But it also means no bailout for Cyprus.
JI
jimkane
Rep: 3,058
Posts: 33,089
And now what started as a possible bounce play and let's see becomes a nice little pop, and may turn into something. That being said, watch this 40.75 here very closely, it is a nice little test for it, and the robot news algos may be done, and others have to step up now. I think there's a reasonable chance they will.
JI
jimkane
Rep: 3,058
Posts: 33,089
Be careful...
JI
jimkane
Rep: 3,058
Posts: 33,089
It sure would be nice, though, if it could head down to 10-12 now.
JI
jimkane
Rep: 3,058
Posts: 33,089
Dump, oinker!
JI
jimkane
Rep: 3,058
Posts: 33,089
That must be news...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, the 'news' is that even though the 'bailout' is off with the no vote in Cyprus, the ECB will still provide liquidity within the rules. Too funny. Here's the terms or no deal. No, we reject the terms. Now it's no deal, right? No, if so the whole Euro project collapses. Cyprus out, then Greece out, then Spain and Italy, all in a flash. Game over. Okay, deal on. We'll just find another way to bail you out. Same old, same old. The news bots loved that one.
JI
jimkane
Rep: 3,058
Posts: 33,089
Woo-hoo, over 64K contracts on that 1-min bar. Wow.
JI
jimkane
Rep: 3,058
Posts: 33,089
And there's the entire give back typical of newsbot moves, up or down. Stoo-pid.
JI
jimkane
Rep: 3,058
Posts: 33,089
Dump, you oinker piggy!

JI
jimkane
Rep: 3,058
Posts: 33,089
Bah-dah-dum, the Vegas rimshot drummer goes.
(And yes I know it is commonly called a rimshot but technically it isn't at all...)