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jimkane
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Okay, let's crank up another great week in here. The market action should be awesome again, I suspect.
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jimkane
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.447 ABCD, it's going to be hard for it to not go up. But, the technicals at the HOD are very powerful. It 'should' fall hard of its own weight...
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jimkane
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Bitcoin from $40's to over $260 now, in basically a flash. Nuts, to me. Just crazy. And they talked about how it might be the alternative to gold as a store of value. Stoo-pid.
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jimkane
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I just heard the appreciation in three years is now three million percent...
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jimkane
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Okay, here's an example of what I discussed last night. Here's an area. Short into it? Long off it? Not short into it, long off it? Short and running the trailing stop? Each viewpoint has a different approach. Yes, it's an area here (I posted it, fast, in advance). Now what? Well, what's your premise?
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jimkane
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If the short side is strong, it should roll somewhere right in here. Let's look for a clue.
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jimkane
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This is it, right here, now we see. Watch closely. If it can't stop here, that ABCD may play out, or at least bounce it a bit. Key spot.
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jimkane
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Wait, when did this happen? Bitcoin now halted to 'give it time to settle down', it just plunged 50%? You can't make this stuff up.
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jimkane
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Hmmm, that bitcoin crash start was like 18 hours ago or something like that. I decided about then I need to take a break from all the crazy news, and went blackout. That's why I'm posting old news like it was new here, I just heard about it.
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jimkane
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I was going to ask you, roofer, if you caught that gold move, and I decided to look back again at your posts, and I see you caught it via the GDX, and the oil move, too. Nice. Wait a minute, I just realized, what's the point of this post? Hmmm, I guess there is none? At least it will up my post count by one.