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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll start it for this week.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'm hoping for my 99 and change, but things start to happen around 94-96, so I'd be thrilled with that. Also, this 90.75, I'm on alert here 'just in case'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Give it to me, baby.
JI
jimkane
Rep: 3,058
Posts: 33,089
It just looks soooooo done...
JI
jimkane
Rep: 3,058
Posts: 33,089
Is this 92 it? It looks like it. I'd like to see a pullback and then another push.

Ooh, baby, baby, push it real good.
JI
jimkane
Rep: 3,058
Posts: 33,089
I hope readers (especially my overseas readers) are getting my hip-hop song references...
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, alas, is this a bearish TD ABCD in here? It could be, but a bearish setup into Sunday night - Tuesday? That seems low probability.
RO
roofer
Rep: 3,689
Posts: 3,574
kane traders will know how critical this pivot is...abcd with abcd in mid leg at lines from different sets at 382 from 09 low..pattern, lines, fib... classic.... i would add that merriman has had a major cycle low in bonds forecast since last year no later than end of june 2013... worth watching to me
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RO
roofer
Rep: 3,689
Posts: 3,574
i found myself wishing with jim that the volatility was like this all the time and remember back when at its current price level, the QQQ would AVERAGE 5 to 7 swings a day of a point or more..and i remember one morning in the trading room getting up to get a bagel and coffee, talking to another trader, then returning to my chair to see the dow had in an orderly fashion move 400 points and it seemed like no big deal...
RO
roofer
Rep: 3,689
Posts: 3,574
was stopped out on my first attempt,, jim commented that across blogworld people were calling for bottom... again as in the case of AAPL, i do not know what they are thinking because i have not read them....medianlines were initially used on long term charts only... andrews thought using them on short term charts was not worthwhile.... here are the long term charts that have me looking for turn..
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RA
rat89
Rep: 0
Posts: 7,015
fascinating.....