I'll start the new week off. I'm watching around 16.50 for the ES, there is a lot of stuff there. Like I said, it could push a bit higher, but there is a lot coming right up in here, and if that doesn't check it back a bit, that would indicate to me immense strength. I'm still looking at my higher timeframe scenario, with two areas. Let's say 1830-60, and around 2000. Both are technically solid areas, but I like the 2000 area better (although, admittedly, it would take a monster blow-off to achieve that) for several reasons, one of which is it would set up some harmonicities that would be remarkable.
I am still watching that possible new proprietary timing thing that has this rising until Oct-very early Nov, and then a final push into Jan. It would be amazing if it was destined for the 2000 area if it did that first time area pullback right off that 1800's area. I had said I would post something on the bear market and oil at perhaps $250 this weekend, and I may, or I may get to it 'later'. I'm just one person, and a person with limited energies, so I'll do the best I can...
JI
jimkane
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Posts: 33,089
Just waiting on the European open and I read this comment on The Burning Platform to the Part II article. I think it is spectacular, just what I have been saying for years and years now.
"Never in living memory have more processes been arrayed to rob people of their life’s savings and force them into perpetual dependence on the political system."
"Never in living memory have more processes been arrayed to rob people of their life’s savings and force them into perpetual dependence on the political system."
JI
jimkane
Rep: 3,058
Posts: 33,089
"The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring a permanent ruin. But both are the refuge of political and economic opportunists."
-Ernest Hemingway
-Ernest Hemingway
RO
roofer
Rep: 3,689
Posts: 3,574
jim ..thanks for posting part two.... i finally have the words for what i have been saying here about the ''differences''
''FALSE DICHOTOMY'' to distract the public...
'
''FALSE DICHOTOMY'' to distract the public...
'
JI
jimkane
Rep: 3,058
Posts: 33,089
Half an hour in a one point range. Nice. Some of the afternoons lately have been brutal.

