JI
jimkane
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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
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Posts: 33,089
Now it is trying to make me think it might go down. Almost every time I'm tempted to follow that instinct in a situation like this it is a severe and harsh trap. Once in awhile it does go down, but rarely. It 'trains' me to fear shorting wonderful setups like this. That way I'll miss them when they go down. It's all part of the manipulation game.
JI
jimkane
Rep: 3,058
Posts: 33,089
Ah, the reason for that explosive ramp was that the Chinese finance minister came out and said their H1 growth will be less than expected. That, of course, would cause a ramp because China will have to 'print' more, and the rest of the countries will follow in the competitive devaluation game, so more meth for the markets. Cool. The worse the economy is, the more they print, and the more the markets go up to reflect how bad the economy is. No, wait, that doesn't sound right...
JI
jimkane
Rep: 3,058
Posts: 33,089
ES closes here it's a new all-time high on a closing basis. It wants all those intraday highs, though, real bad. If not by the close, shortly after, I would bet.
JI
jimkane
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Posts: 33,089
And the S&P cash and SPY both set the new all-time highs on a closing basis today. Cool.
JI
jimkane
Rep: 3,058
Posts: 33,089
Let me finish up my 'bull' market comments. New all-time highs closing basis today, also, were the MidCaps and the Dow. New 'bull' market highs, both closing basis and intraday, NASDAQ composite and NASDAQ 100. Pretty cool, huh? All on China saying it is going to miss its growth estimates. Only in the Bizarro World...
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
http://idealmedicalpractices.typepad.com/ideal_medical_practices/2009/02/how-do-doctors-get-paid-.html