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jimkane
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Okay, I'll get it started for this week. I'm expecting another fantastic week, as far as action.
JI
jimkane
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Posts: 33,089
I think it's rested enough now, it's ready for the next manipulation Fed leg.
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jimkane
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It looks tired, and there are things here, including a super-key line. There is just stuff all the way up, as opposed to two or three very obvious areas and nothing else.
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jimkane
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Okay, this is better. A nice reaction off the area here, and now looking strong again. I'd expect the same at the next level that I posted, and again at the final area I mentioned. Same old, same old.
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jimkane
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That probe over the highs so far and snap back is very dangerous. This needs to be very careful in here.
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jimkane
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I feel very comfortable with pretty much all my net worth in banks and brokerages in USD (cash). I feel like a very savvy guy.
http://www.zerohedge.com/node/476960
http://www.zerohedge.com/node/476960
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jimkane
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Looks like evidence of some solid GDP and recovery is forthcoming. All you have to do is change the data, and Wala! (yes, I know the etiology of this word in English is likely from how the French word Viola! was corrupted), we are doing great. Too funny.
http://www.zerohedge.com/news/2013-07-29/government-revises-84-years-economic-history-week
http://www.zerohedge.com/news/2013-07-29/government-revises-84-years-economic-history-week
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jimkane
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Posts: 33,089
Time to see if the next leg up is starting, or if this bearish ABCD at line is going to play out. We know what happened last time this set up.