RO
roofer
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price is approaching important fib on the remaining half of TLT position posted last week... i have to go out... the way i am dealing with it is a trailing 30 cent stop///because i have to go out, i took off all DIA position as shown on rat's chart...
JI
jimkane
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Posts: 33,089
I have zero in the ES (excepting the GZ, which is always there in situations like this, but it isn't really an 'area', just a game they play) until that 21 area key TL, which they must game in my opinion.
JI
jimkane
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Posts: 33,089
And the last push down violated the bottom of the GZ, so that really shouldn't be a factor any more.
JI
jimkane
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Posts: 33,089
I see no reason why this won't hit that level today, or tonight. The best area is 20-24, with 21-22 the heart of it. Some things come in around 15, so I wonder if the game will be a break through the TL, then up to trap them. If we strike Syria should be a big factor on how this plays out, and how the market reacts. They may have the machines ready for that so the market doesn't freak, or they may want to let it go to get the rotation into treasuries to get those rates down from this 'breakout' point here. Hard to second guess maniacs...
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
http://www.zerohedge.com/news/2013-08-31/guest-post-what-expect-during-next-stage-collapse




