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JI
jimkane
Rep: 3,058
Posts: 33,089
I'll kick it off with a 'must watch' video. These are the same type of people who are doing all the talking right now. It can be shown over and over how wrong all these people are, analysts, politicians, central bankers, bloggers, all of them (I've seen videos showing what Greenspan and Bern-Qwacke have said, and they were so wrong over and over it was just crazy, and they are/were in charge of it all! And Old Yeller, she said she basically missed everything that has happened, and now she's going to be in charge!). Their track records are abysmal. Yet they make tens, hundreds of millions, are completely and utterly respected, and they get endless TV time. It is, perhaps, the thing that makes the least sense of everything I have ever seen in my entire life. Yet it is so, and I think will always be so.

http://slopeofhope.com/2013/12/a-sobering-look-behind-and-ahead.html
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, watch the overhead TL that sent this down. They should breach it this time, and get a nice pop to new all-time highs. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
My gut just doesn't see a new high today. But, the technicals make it the highest probability scenario.
JI
jimkane
Rep: 3,058
Posts: 33,089
9.50, basis March, is my best case scenario.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, right at the TL. Watch this.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now see if this was 'the game', or if it heads for those highs.
RA
rat89
Rep: 0
Posts: 7,015
dia made a new high today while nobody was looking
JI
jimkane
Rep: 3,058
Posts: 33,089
The ES is totally looking done here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, let's see if they are coming in at this key spot, to finally take that TL for real and shoot for those highs.
RA
rat89
Rep: 0
Posts: 7,015
dia has not hit the area
RA
rat89
Rep: 0
Posts: 7,015
it gets it tomorrow is my guess
AL
albert
Rep: 99
Posts: 3,094
Originally posted by jimkane

I know everyone is gone, but just one more comment. These guys are just too funny. They gun it up in the short Friday after regular futures close session, and take out the HOD by one tick. Same old, same old. Like I said, it doesn't matter how much they made it look like it could roll over, it was pretty likely, I felt, that they would follow the same pattern they keep following. Another new all-time high, closing essentially at the high. Nothing ever changes with these maniacs, and until the system completely implodes (something I'm starting to think won't happen until long after I'm gone), I can't see it changing.


Jim,

Thank you for your great commentary!

Al Kamego