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jimkane
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Just starting it off. I wonder if they'll keep doing late day rapid-sells, or was that just a holiday week anomaly?
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jimkane
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Yeah, rat, that was pretty much my point. If you find the levels I posted on AAPL way, way back, that's basically the upper level I posted. We have this, and the consensus and exploding price action says 'way, way higher'.
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rat89
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we know that one of three things will happen at the median line.....reverse, coil or accelerate.....what amazes me is that the tools here and the tools I use said screaming buy at that low around 388 (pre dividend price) and none of the aapl fans wanted it at the time. now, almost 200 clams higher and everybody wants it....you have to love it
Originally posted by jimkane
Yeah, rat, that was pretty much my point. If you find the levels I posted on AAPL way, way back, that's basically the upper level I posted. We have this, and the consensus and exploding price action says 'way, way higher'.
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jimkane
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Is the ES 'making its play' here? Starting the journey up off the key area? I'd be kind of surprised if anything else was happening... If it makes a new all-time high I'm looking around 15-20, unless it 'breaks out'. Regardless, I'm still hopeful it poops out on the way up, but it probably won't. An ideal spot (if it overtakes the key 96 area) is at 2 and change. It will do whatever it will do...
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jimkane
Rep: 3,058
Posts: 33,089
The lower ones aren't quite as clearly defines as I'd like. But, I'm really tired, so it's the best I can do right now.
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jimkane
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On a different note, for all those people that think China is so wonderful (wonderful for the world and the world economy), here's one of many things to ponder. I say the same thing about those that think Brazil is spectacular, burning down the rainforest and turning it into soybean farms so they can be 'energy independent'. Hurray for them! They are so cool, I want to live there. I know about China because recent studies in our pristine rainforest (right where I live) in the Olympic mountains showed very, very high levels of heavy metals in all the plants. They traced it to the rainfall picking it up out of the air (we get 140"-160" a year, so a lot is picked up), coming directly from China. Great... Now, I know I have at least two readers in here from China, so no offense intended. But what is happening over there is just totally out of hand, in my opinion.
http://www.bloomberg.com/news/2013-12-01/shanghai-warns-kids-elderly-to-stay-indoors-on-severe-pollution.html
http://www.bloomberg.com/news/2013-12-01/shanghai-warns-kids-elderly-to-stay-indoors-on-severe-pollution.html
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jimkane
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Posts: 33,089
Speaking about how wonderful Brazil is (I've heard this over and over) got me to thinking about a really odd factoid about Kane Trading. I have sold books and such all over the world. All over Europe, Australia, the Middle East, India, China, SE Asia, Canada, Russia, all but one place. I have never had a single inquiry from anywhere south of the U.S. border. Zero inquiries from anywhere in South America, Central America, or Mexico (something makes me think I had one inquiry or sale in Mexico, but I'm pretty sure I haven't). But Scott over at Harmonic Trader (who mentiones me in his books, and I wrote one of the back cover paragraphs on his Vol II hardcover rewrite book, sold in bookstores, on Amazon, etc.) says he sells tons in South America. And all those readers read my name in his books. Yet not one single inquiry of any kind in over tens years. I simply can't understand that at all. It's so very odd. I wonder why that is?