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

Let me make a point here. We are at 'resistance' here. This may be it for the week. There is what I think of as a 'better' level just above. We may or may not see it today, or at all. There is no good play entering in here for this possible last push. This is all for management. If one is long and trying to decide what to do, as far as possible scaling. Scale some here, ride some, ride all, and ride to where. Where to look to make a move. I'm not saying it isn't even possible to construct a play here, I just think net overall, factoring in Reward/Risk and percentage of winners (i.e. 'expected value') there are way better setups than this. I don't look to buy at resistance for a move over that resistance to the next immediate resistance level, which is very close by. That makes little sense, and isn't a very high probability trade to boot. Not to mention the size of the move from here is so small the noise level for the stop would make the Reward/Risk very unfavorable.

Okay, out of the range, and 'on the move'. We'll see.

86.00 and looking tired...

One more push sure would be nice. But, it sure is looking done.

Originally posted by jimkane

Let me make a point here. We are at 'resistance' here. This may be it for the week. There is what I think of as a 'better' level just above. We may or may not see it today, or at all. There is no good play entering in here for this possible last push. This is all for management. If one is long and trying to decide what to do, as far as possible scaling. Scale some here, ride some, ride all, and ride to where. Where to look to make a move. I'm not saying it isn't even possible to construct a play here, I just think net overall, factoring in Reward/Risk and percentage of winners (i.e. 'expected value') there are way better setups than this. I don't look to buy at resistance for a move over that resistance to the next immediate resistance level, which is very close by. That makes little sense, and isn't a very high probability trade to boot. Not to mention the size of the move from here is so small the noise level for the stop would make the Reward/Risk very unfavorable.

Jim, great commentary.

Al Kamego

Now we see if they sell it hard (I wish...), or just shake 'em out a bit then do a final push up. It looks like a super hard sell is coming, so I suspect it's not.

C'mon, one more lousy push...

C'mon, cash close huge pop, give it to me, baby.

Nope, huge sell pop.

Right off a little ABCD, too.

A must read.

http://theautomaticearth.com/Finance/your-pension-is-under-attack-from-all-sides-heres-10.html