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MarcinO
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I will start a topic for this week.
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jimkane
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Okay, time factor, it should either blast up here, or roll. I think blast up is more likely, but roll is what I want, of course...
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jimkane
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Quoting from Reminiscences of a Stock Operator: "As if they rung a bell..."
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jimkane
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17.00 and key line. Watch closely, that may be it.
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jimkane
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I want way more down, but let's be realistic...
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jimkane
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Posts: 33,089
Just search for 'bell' and you can see the context. Read the pargraphs leading up to the quote.

http://www.mypivots.com/online-trading-book/text/reminiscences-of-a-stock-operator/chapter-16


Originally posted by jimkane

Quoting from Reminiscences of a Stock Operator: "As if they rung a bell..."

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jimkane
Rep: 3,058
Posts: 33,089
Okay, if I don't explain it, few will likely get why I said to read what leads up to it. Point is, suckers almost always do the exact wrong thing at the exact wrong time. I thought there was a good chance to trap the suckers on a move to that 17 area by making it look real weak right there. I did suspect maybe they'd just blast it off, but the trap was so irresistible, and when the timing factor hit, they nailed 'em. It's all about the suckers/games/traps...
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jimkane
Rep: 3,058
Posts: 33,089
Nice blast off that 17.00 1.000 ABCD area at a .300/.382 overlap and dead hit on the key line, huh?
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jimkane
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Posts: 33,089
Watch the 1-2-tick game here, in case. Likely it wants to ramp hard here, but just in case...
RA
rat89
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Posts: 7,015
thank you jim....today is one for the record books
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jimkane
Rep: 3,058
Posts: 33,089
Watch the reaction at 18.75...
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jimkane
Rep: 3,058
Posts: 33,089
Yeah, they planned it well.

Originally posted by rat89

So cool....163.08 into the close for a 1.27 dbs