Starting it off. Due to the Monday holiday I believe bonds and FX open outcry are closed, but GLOBEX is open. Stocks and futures for them are open as usual.

Okay, a lot more starts coming in right around here, plus the price action structure says this 'should' be done or near done, so my view is to tighten it up quite a bit as the close approaches. Give it room for a final blow off if it wants one, but otherwise, stay tight.

By tight I mean right up under the price flow. Stay as long as that holds, and out when it breaks.

Careful here.

Somebody shut this thing down before it just hits a million. Geez. It sure looks like it wants that 30 straight up. Maybe in the after cash or just after? Just stooooooooo-pid. Insanely great for trading, but we do appear to be headed for that 3,400 in two years after all. Yuck.

Well, that was an incredible, amazing, indescribable trading day, in my opinion. But, I'm a trend trader, so that's a statement of the obvious.

Looking at my longer-term charts (like the weekly $SPX) I can't imagine this not getting to 2,000 easy. The area above is a monster, and I mean a monster, but so what. So have been many of the areas it vanquished without so much as a tiny checkback. The area is from say 1838-1866, basis $SPX. I think we'll see that ASAFP. 2,000 should follow with ease.

I am not sure if we'll see any pullbacks of significance (we have been the longest in either many, many years/decades, or forever, I forgot the stat, without a 10% correction (or was it 5%)) before we hit 3,400. Maybe a few 5% pullbacks, but probably not a 10%. I'll just have to live with the endless BS on TV and from the bulltard bloggers. And many amateur daytraders will make millions, just like in 1999-2000. Oh, well. Doesn't really matter one way or the other for a trading style like mine.

I only care because I hate to see evil win the day. It wins as we get liquidated and all the bulltards jump for joy daily, mistaking a bull market for their own genius, and they win when the inevitable total collapse comes and we get fed into the kicking machine. But, there is nothing I can do except try not to focus on it daily (or every minute, which I'm wont to do). I've been pretty good lately, right, not posting any articles or griping about it? Right? I just can't take the big break up and the knowledge that the odds favor a huge upside explosion now and lots more bulltard talk.

And there's another new all-time high. It wants that 30 points. That's at 84.25. Un-frickin-real.

Coupla points and there's the 30. But, it's not acting like it will stop there. It's acting like it wants that mid-1800 area in a week or so, but surely before Thanksgiving. That keeps it on schedule for 2,000 by some time in Jan, as I said way, way back.

And yet another new all-time high. Just one after another.

Just sitting around, waiting for the next new all-time high, watching the 'ride until, well... forever' play. Used to be a 'ride until close' was a monster, big play. Now we have a new term...

I'll watch that 54.25 area, but I doubt it will do anything. Look at gold (on a tick chart), they are coming for it hard. Coincidence?

Amazing how, after they popped it once more to new all-time highs into the cash close, they let it come back in a bit.