I'll start off this week's topic. I think it may be quite an exciting week, with all the European 'news' and potential for meltdowns and meltups.

I'll post a pic I just took here for fun. You big city folks should get an even bigger kick out of this than the rest. Here's a pic of my garage roof. It's not as green as it will be in the summer because we are still in 'winter' here. Even though the climate is somewhat moderate, we had snowflakes just yesterday. One might ask why don't we scrape it off? We do, it just grows back so fast it's crazy. Nothing like living in the rain forest.

Greetings from Cental Europe - still under the snow

Nothing but buyers of that gap down.

Nothing but buyers. Three points (well, and a tick) from a new 'bulls#%&' market high.

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

New 'bulls#%&' market high coming any time now...

Next stop low 70's.

My working assumption right now is it will hit it by tomorrow, but more likely by the European open, or perhaps around our open. At this rate it will hit it well before the European open.

For those wondering what popped it, here's the news, already 'old'.

http://www.zerohedge.com/news/2013-03-24/rampapalooza-cyprus-troika-reach-deal

My second most likely scenario and working premise is they gun the stops (two ticks from the high right now...), then bring it in for our open for better prices, then up it goes. But, somehow I just can't see this going down at all unless some 'news' shakes it up, then other 'news' comes out to say things are better than fine again, then up it goes.

Stops gunned off the little ABCD, new 'bulls#%&' market high is in place, everything is as it should be... I think the odds have just went up quite a bit that the low 70's will be here soon.

Just as an aside, watch this SL and set upper // that comes in here at this 59.50 high in case.

Originally posted by jimkane

Hmmm, I just realized something. I am probably not going to get many, if any, thoughts or replies to my post. To do so would mean 'choosing sides', and I can see that few if any would want to do that. If they say I should 'enforce' my rules, then the person on the other end of that gets mad at them. If they say I should lighten up and let things slide, that may be perceived as going against me. I didn't realize this when I posted the above and asked for feedback, for help. I thought I was being as fair and upfront as I could be, trying to involve my readers and ask for help in a tough situation.

It just hit me now the situation we are all in. Hence, I guess, I'll have to decide. And I feel like no matter what choice I make I (and we) lose. If I say I'm just too stressed out and I'm leaning towards just locking the forum, I know I'll get e-mails begging me not to. I guess maybe the best thing I can think of is, if you have something to say on the issue, please send me an e-mail and let me know that way. At least I'll know where some people stand before I make my decision. Thanks.

Here is my two cents, unadjusted for inflation. I consider it a privilige to be a member of this forum and see how other traders do things, based on the Kane Trading Methodology. This forum is one of the most awesome things I have seen in this sham-filled world. IMO, one's health is of paramount importance, and I think it should be guarded carefully, if one is to maintain it. I say this as I face serious health issues of my own, caused, in good part, IMHO, by my sedentary lifestyle. I love the charts, and IMO, a picture is indeed worth "a thousand words." IMO, when the aggravation gets to be too much, it is a sign that one should put some distance between one's self and the source.



Sincerely,

Al Kamego