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JI
jimkane
Rep: 3,058
Posts: 33,089
I'll start it off. I'm still trying to figure out how to be useful in my posting and not post hundreds of times per week. I can't seem to not get carried away. (That's why I never post in the early AM session, where it takes more concentration.) Then I burn myself out, and use up my precious resources that I should be reserving for my health issues. And I'm only posting a fraction of what I'm seeing... It just drives me nuts to see all this and not try to post it. I do have to come up with a solution.
JI
jimkane
Rep: 3,058
Posts: 33,089
By my data the Euro is up 457 pips at the high there from yesterday. Nah, that's normal, right?
RO
roofer
Rep: 3,689
Posts: 3,574
as i reported a while back... caldaro put it so well...'' welcome to the century of qe''....
RO
roofer
Rep: 3,689
Posts: 3,574
because jim refers to this time, i will refer to this again... caution.. you may get as disgusted as i did as how the bankers now run the show as they did then... things could have been different... except for the bankers

http://www.adamlebor.com/books/hitler's_secret_bankers/
RO
roofer
Rep: 3,689
Posts: 3,574
JI
jimkane
Rep: 3,058
Posts: 33,089
ES 1667.50. Contract high at 1680.25. 12.75 points away. Yeah, like it won't shoot for that. Then the only high left is the June contract and S&P index highs just above. No sweat.
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, it's 26 points off the low. If it hits those highs it will be in the 40 point range from there, and it if goes for the cash highs, 45-50 off the low. I think it should handle that no problem. After all, Bern-Qwacke said inflation's way too low.
JI
jimkane
Rep: 3,058
Posts: 33,089
And let me just say, for the sake of balance, this has fully hit deep into the area I showed with the chart (the other lines were a tiny bit higher, and it's hit them all now), so this might back off here so they can get better prices for the next leg, and then take a few days to set the new highs. It seems like it is going to go straight there, but it may do it in one or two waves, and this is a great spot to come back in (just a tiny bit). We'll see. Otherwise this is in 'management mode' with a trailing stop.
JI
jimkane
Rep: 3,058
Posts: 33,089
This really seems plausible.

http://www.tfmetalsreport.com/blog/4827/pattern-emerges
JI
jimkane
Rep: 3,058
Posts: 33,089
Interesting, but not a timing indicator, as you can see by scrutinizing the chart.

http://www.zerohedge.com/news/2013-07-10/what-happens-next
MA
MarcinO
Rep: 67
Posts: 5,506
An usual correction, of 170 pips, to .382.

Click image for original size
RO
roofer
Rep: 3,689
Posts: 3,574
my daughter the dr says YES THIS really is the way it is

http://idealmedicalpractices.typepad.com/ideal_medical_practices/2009/02/how-do-doctors-get-paid-.html