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jimkane
Rep: 3,058
Posts: 33,089
Starting it off. I'll be quite busy over the next several weeks, so my time in here will be light and sporadic, but then hopefully in a month or so it will settle down, and I'll be able to do more. Monday is a holiday, but there will be some futures trading tomorrow, so we won't be without some fun.
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jimkane
Rep: 3,058
Posts: 33,089
"According to David Bianco, S&P 500 corrections of 10% or more, including those that turn into bear markets, have happened every 1.5 years or 357 trading days on average since 1957." its now been 589 days since the last 10% + correction!
From a post by koolio here:
http://www.mypivots.com/board/topic/8010/-1/es-weekend-update-1-18-2014
From a post by koolio here:
http://www.mypivots.com/board/topic/8010/-1/es-weekend-update-1-18-2014
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jimkane
Rep: 3,058
Posts: 33,089
Any questions?
Originally posted by jimkane
Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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jimkane
Rep: 3,058
Posts: 33,089
And no, that was not a 'recommendation', it was an educational statement based on what I was trying to show at that area. I never make recommendations or give advice, ever.
Originally posted by jimkane
Any questions?
Originally posted by jimkane
Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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MarcinO
Rep: 67
Posts: 5,506
They've been trading near this area for most of the day.
Is it a base for one day wonder tomorrow?
Is it a base for one day wonder tomorrow?
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jimkane
Rep: 3,058
Posts: 33,089
24-25 will be interesting, but, as marcin mentioned, probably a one-day wonder, and all the way back up it goes.
