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JI
jimkane
Rep: 3,058
Posts: 33,089
I'll start the week out. Here's an interesting article on one of the key high fliers that I follow.

http://www.zerohedge.com/news/2013-09-28/great-tesla-rotation-institutions-retail-bag-holders
MA
MarcinO
Rep: 67
Posts: 5,506
Wow rat! You are a wholesale chartist.
RA
rat89
Rep: 0
Posts: 7,015
hey marcin, you are right up there! i have been learning from the best....



Originally posted by MarcinO

Wow rat! You are a wholesale chartist.

JI
jimkane
Rep: 3,058
Posts: 33,089
2.75 point range for going on two hours. Back to the status quo for this oinker.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, Reid is yapping on TV.
JI
jimkane
Rep: 3,058
Posts: 33,089
Just waiting on the closing run pop here. Otherwise, I'd already be off golfing.
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, for those that don't remember the old days and my commentary, 'golfing' was the term I used to mean 'anything fun, just not still doing this'. Like, 'That trade was done, and it's time to go golfing.', 'The market was so dead I went golfing.', and 'I am going to take a week off and spend every day golfing.' Not likely I'd really be golfing here in October, where we just had about 12" of rain in a very recent storm.
JI
jimkane
Rep: 3,058
Posts: 33,089
And yes, a break up here would be a major 'break out', after the recent obvious 'break out'. This one would be the 'real' one.
JI
jimkane
Rep: 3,058
Posts: 33,089
And no, it's not a given that it can do the 'real' 'break out'.
JI
jimkane
Rep: 3,058
Posts: 33,089
There is another viewpoint on this, though, and that is that it can get to say 88.75 and still be at the most key lines, so that is also another way they may close this. Just a thought. Point is, it is at or very near some key stuff.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll go with 87.00-88.75 as the 'best' area.
JI
jimkane
Rep: 3,058
Posts: 33,089