I'll start it off again this week, early. I'm going to make a few posts regarding sentiment and other such things as I feel we are getting close. It's either already done, or it has to have that final, insane, suck every last one in blow off move. I'd hate to think that move carries all the way to 2000, but it may.

Many are watching the 1750-75 area and areas near that, so I think the odds of that being it are very slim (you never know, though, especially if they say that area will only check it back a little, or not at all, and then they post higher levels, which is what I suspect they will do...).

I wish it could be here, but I just don't see it. Also keep in kind, the debt ceiling is coming up again this fall, so maybe that's the phony catalyst. I just don't know. Anyway, some sentiment to ponder coming up.

http://slopeofhope.com/2013/07/runaway-russell-epiphany.html

This is just my Santa Claus wish list post. It won't hold, it will mean nothing, but I can dream. It's similar to roofer's F line, in terms of magnitude. Notice where the 1/4 set line is. Imagine where the median line is, or even the lower //!!! This set comes from the monthly timeframe.





Chart created on QCharts, courtesy eSignal

I wish there was, but no, it's a sum total of exposure to many, many articles over time. A comprehensive total summary read would be great for passing on to people, but I haven't found it. If I wasn't so afraid of the government I'd write it. I'm not a fan, though, of spending my vacation time in Gitmo, or watching my neighborhood go up in flames when a drone strikes my house...

Originally posted by roofer

jim- this week you have taken the time to connect us with much food for thought... thanks.... is there ONE article that your thoughts return to again and again that sums it up for you....?

my guess is no, given this....

Originally posted by jimkane

I wonder if that will be enough, rat...

it always amazes me when I have a similar chart to roofer, who, along with jim, is truly one of the great thinkers i know....it gives me great peace to know that i have had the opportunity to learn from such generous traders willing to share what they see and know....i have not drawn anything on this chart in a year

Originally posted by roofer

though not as dramatic as jim's example, F offered kane traders the context to attempt a short at a multi year high with a 10 cent stop

Click image for original size

You are right, rat. We are very lucky to have an opportunity to learn here.

Originally posted by rat89

it always amazes me when I have a similar chart to roofer, who, along with jim, is truly one of the great thinkers i know....it gives me great peace to know that i have had the opportunity to learn from such generous traders willing to share what they see and know....i have not drawn anything on this chart in a year

i think rat pretty much has down pat what i showed him....

Go, rat!

Al Kamego

This should get the weekend started off on a good note...

http://www.zerohedge.com/news/2013-07-19/friday-fiction-or-fact-funny-drunk-ben-bernanke-speaks