No charts. Just opening a new topic.

This might want to go down and probe around 88. But, in reality, nothing matters except the setup for the run down and then the run right back up in a near perfect V. That's all I care about. Play that, go home.

I made a slight adjustment in the bear set to match what i had on $spx....x marks the spot with an .886 retest sure was in play today...

Look at that Aussie Yen chart...

http://www.zerohedge.com/news/2013-08-13/corn-holed-bonds-sold-equity-bears-fold

I don't know why I am going to say this, especially since whatever price does at this time of day (especially after these V days) means less than nothing to me, but this must go down (probably in some stop flush) before it can go up at all. How all this plays into the next V I don't know yet, but I'm just saying right now, very short-term, no way I see this going up even a little without some down first. Just a hunch.

It's gonna be interesting...

http://www.zerohedge.com/news/2013-08-13/ignore-these-six-events-your-own-risk

I really like this writer. I've been following him for some time now. The interesting thing about this little article is his timeline at the end. Although there are many ways this can play out, and many unknowns that could trigger who knows what, this timeline is also a very realistic possibility.

I originally thought this would have totally collapsed long before now. I thought maybe 2-3 years tops and it would be done. I've come to realize that many, many things I foresee do come to pass, but I am inevitably always way, way early. I see now, too, the same principle applies now. Here we are maybe 5+ years down the road, and collapse may be quite a ways off. By his timeline it could be as far as 9 years away. That would make it 14 or so years after the 'crisis' for the house of cards to finally all come down. Imagine that.

What I underestimated was just how many tricks 'they' have, and how evil they are. So, although I still think many things could happen that could take this out of control earlier, I think this very likely could have some stages left, and it may take this long. We are being liquified, and that takes time. No, I didn't mean liquidated, although it means about the same thing, it's just worse.

I mean 'liquified' as in The Matrix, where the dead were liquified and fed to the living. We are being liquified and fed to the Power Elite. It will end when we are all gone, the middle class. All of us. Liquified. And no, I am not being melodramatic. I am not exaggerating. I'm not out of my mind (well, I am, but not in this regard). It's too bad this all has to go down, but it's already set into motion. Nothing can stop it now.

http://www.zerohedge.com/news/2013-08-13/guest-post-which-incapable-reforming-itself-disappears

The last few paragraphs are the most key.

http://www.oftwominds.com/blogjun13/abundance-decisions6-13.html

i agree with jim that this is some of the craziest price action i have seen....but every day the tools are doing their job at catching a trade or two( and it has been a long time since the 886 algo has been so prevalent)....on another note

KUDOS TO RAT FOR HIS APPL TRADE!!!!

I have two areas for ES but the lower one is rather unlikely.

Here's some areas I have for AAPL. Yeah, it's a bearish DB ABCD here, whoop-de-do. Yeah, there's a news item (Icahn manipulating things so he can steal more cash) and a blow off move. I could care less, I would short this if you gave me the money and said you'd pay the taxes for me on the profits. AAPL is 'back in'. This absolutely breaks my heart, but my heart has been broken so many times since Mar '09 it's uncountable, so who cares.

I have a minor spot around 1507-20, and then a key spot at 46-61 or so. After that we're talking the 600 area. I can't get the areas any tighter (there are even some key things outlying the areas a little bit), but maybe as it gets close and there is more data. It's tough to do anything at this point, though, after this pig bee-atch has risen over 27% already in a moonshot with essentially no significant pullbacks.

Thanks Jim and thank you for the offer. Please leave my latest posting in the main discussion threat, where it is. The chart seemed worthy of comment at the time I looked at it, but now, not so much. It probably points out that I need to follow price action on the 15 minute and higher timeframes more, in order to see more, as you have pointed out in your books. As usual, the Kane ABCD covered the price action beautifully.

Al Kamego