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.

I probably see it exactly as you do, Rat, but let's give it a try before Roofer replies.
The first 3 - a pink set. The second 3 is not that obvious, due to TD ABCD as W2 (a red set), assuming that W1 is marked with black line between 153.90 and 155.95 while W3 starts from 154.35 with target at 156.7. I wonder if I'm right.

Originally posted by rat89

Wow...just so I really see this, do you mind marking the 3's? This is too important not to make sure I get it....

Thanks, Marcin. I wasn't sure there was much interest in it.

Originally posted by MarcinO

Thanks for indicating interesting economic stuff, Jim. I follow
zero hedge regularly, but visit other, similar web sites only occasionally, so your links are of great use to me.

Originally posted by jimkane

So, I decided, for now, that I need to post links for articles on the economic situation. I just need to do it. But, that's what I created the economics section for. Hence, to keep this a trading thread, I'm going to go back to posting them in there. I also know that most will not even bother to check that section out. But, that's all I can do.

I read lots and lots and lots or articles per day. I post the most relevant, interesting, or useful, from my viewpoint. I'm the screener for 'the best of the best' of what I find. If you are interested, start following the economics section. And if you are not interested, in light of all that is unfolding, well, I'm not going to get into a lot of name calling, but maybe you should have your head examined.

BTW, on the European open the ES just ticked the 'bulls#%&' market high. I already mentioned the levels I am watching. This is going to be interesting because what if they don't bring it down for better prices for our open? What if it's up at 'resistance' early in our session? 'Throw over' time? How about a big 1-2-tick game here? How about some real selling? So many possibilities to ponder. Gosh, I love this game (a twist on a line from the movie The 'Burbs).

Euro looks like breakingthe resistance around 1.2830, so I place the next two groupings on a daily time frame.

I didn't think more than three people saw 'the burbs' but now I know I was wrong.

Originally posted by jimkane

BTW, on the European open the ES just ticked the 'bulls#%&' market high. I already mentioned the levels I am watching. This is going to be interesting because what if they don't bring it down for better prices for our open? What if it's up at 'resistance' early in our session? 'Throw over' time? How about a big 1-2-tick game here? How about some real selling? So many possibilities to ponder. Gosh, I love this game (a twist on a line from the movie The 'Burbs).

Originally posted by rat89

I didn't think more than three people saw 'the burbs' but now I know I was wrong.

Originally posted by jimkane

BTW, on the European open the ES just ticked the 'bulls#%&' market high. I already mentioned the levels I am watching. This is going to be interesting because what if they don't bring it down for better prices for our open? What if it's up at 'resistance' early in our session? 'Throw over' time? How about a big 1-2-tick game here? How about some real selling? So many possibilities to ponder. Gosh, I love this game (a twist on a line from the movie The 'Burbs).

I saw it too.

Al Kamego

as always... the computers rotate the signal thru the etf's

defense if short

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