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

The ES just looks completely done for today. I'd like one more push, but my gut says 'No way, Jose'.

ES getting ready to dump hard.

Watch the little bullish ABCD and 1-min TL, but after that, it's looking ready to crater.

did you see what they just did in iwm? they're good.....up it goes

Yep, they are good. ES did respect that DT ABCD after the TL fake. It's still struggling with the 'breakout', but it wants it.

Amazing, it tries one more push and is beat down hard, again.

It just soooooooo has the look of something that is about to collapse (very short-term, I mean).

This is on the edge of getting monkey-hammered, so I expect it will snap up any time now...

And right on schedule, there's the pop. They know exactly where the danger points are. It's something to watch them, I'll say that much.

Is the ES making its move now in the aftermarket? This is interesting. My viewpoint is to still be with this long off the AM area.

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