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JI
jimkane
Rep: 3,058
Posts: 33,089
Just getting ready... Champing at the bit...
JI
jimkane
Rep: 3,058
Posts: 33,089
One tick from the low for the entire (possible) bear market, and it draws the pop. What a shocker. 'They' don't like the looks of this at all.
JI
jimkane
Rep: 3,058
Posts: 33,089
That was just crazy. The machines really, really didn't like that low area. It scared them tremendously, and really woke them up.

"Turn those machines back on!"
JI
jimkane
Rep: 3,058
Posts: 33,089
This is interesting, if it is accurate.

http://www.vice.com/en_uk/read/larry-summers-and-the-secret-end-game-memo
JI
jimkane
Rep: 3,058
Posts: 33,089
Funny, funny stuff. Look at the 'Quantity'. Priceless.

http://www.zerohedge.com/news/2013-08-30/friday-humor-kevin-henrys-trading-platform
RA
rat89
Rep: 0
Posts: 7,015
That would be helpful...so far this is looking like one big long trend day down, even the sharp pop Thursday, failing right in an area that says continuation down....there is a big bull trap area down there and it feels like the indexes need to get there in a hurry

Originally posted by jimkane

It seems to me there is essentially zero chance this isn't headed to that 1570-80 area (maybe I'll post the level more precisely at some point). Just a thought.
JI
jimkane
Rep: 3,058
Posts: 33,089
Maybe this is very close (I think it might be), and maybe it's not even in the ballpark. One thing I do think is if this isn't how it unfolds, it will be some other scenario equally vile. Sorry. I can't believe my 'golden years' as I near 'retirement' are going to be spent like this...

http://www.zerohedge.com/news/2013-08-31/guest-post-what-expect-during-next-stage-collapse