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
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That was an ABCD with an ABCD in the BC leg, into a multiple key line convergence.
JI
jimkane
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Okay, let's see if this dip here sends it up and over. This is for observational purposes only right now, for me. I am not going to play against this area (for a blowout of the area). Not right yet. It may get toasted off it.
JI
jimkane
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Not bad, picking off the dip area, and seeing when it was starting. Not bad at all.
JI
jimkane
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Posts: 33,089
Okay, Bern-psycho is shooting his yap off now, and off it goes on the next leg up. Of course.
JI
jimkane
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Okay, no stopping this today. I think it will hit the new all-time highs. I'm looking at 40+ and 50+ areas now.
AL
albert
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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
