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jimkane
Rep: 3,058
Posts: 33,089
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
And it is a fraction from up 30 off the earlier low. Nah, that not a) incredible volatility, and b) awesome for trading. What a two days. Holy cow.
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jimkane
Rep: 3,058
Posts: 33,089
I'd like to see one more little leg here at a minimum.
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jimkane
Rep: 3,058
Posts: 33,089
But technically it could end here and it would make sense. End for the day, not the move.
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jimkane
Rep: 3,058
Posts: 33,089
As much as I absolutely love this action for trading, I can't help but think how absolutely asinine this market is. But, probably the market has always been quite asinine. Just more so since '09 than even usual.
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jimkane
Rep: 3,058
Posts: 33,089
29 off the recent low. Just unreal.
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jimkane
Rep: 3,058
Posts: 33,089
Watch the 66.25 area, not that that will stop it. It 'should' be done in here, but I'm watching for a final burst into the close or right after. But, that might be it.
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jimkane
Rep: 3,058
Posts: 33,089
Burst is set up...
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jimkane
Rep: 3,058
Posts: 33,089
It may not happen, like I said, that may be it, 'it's there', but if they wanted to do a final burst, right here is the spot.
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jimkane
Rep: 3,058
Posts: 33,089
C'mon, baby, gimme one more pump.
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jimkane
Rep: 3,058
Posts: 33,089
Pretty straightforward and obvious. Nice burst. 68. No one can dispute they made it all back in one day now.31.50 off the recent low from this AM. Beyond insane.
JI
jimkane
Rep: 3,058
Posts: 33,089
This might sum up trading since '09 as good as anything I have seen. I recall in '99 when I ran into my plumber and he told me he just folded his plumbing business and was now trading full-time. Looking at some of what I am seeing on YouTube I think we are getting there.



Source: http://slopeofhope.com/socialtrade/