Starting it off.
Next couple of weeks may turn out to be hard for me to post apart from two maybe three hours before the cash market close. I hope to come back to my usual forum activity soon.
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jimkane
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Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. It did, indeed, stop rising right when I posted that...
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jimkane
Rep: 3,058
Posts: 33,089
GMCR got a nice pop after the close, up about 63% at the high, smokin' at new all-time highs. Speculation is far from over. That makes me wonder if this has any chance of being the early stages of 'The Big Bear'.
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albert
Rep: 99
Posts: 3,094
Kane TD ABCD SELL morphed into a Kane 4P BUY.
Al Kamego
Al Kamego
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Click image for original size
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albert
Rep: 99
Posts: 3,094
Originally posted by rat89
the trigger was dia at the low yesterday
And so it was, according to "Stockcharts" data. I believe that was a "Test and Retest" of a ML Lower \\, was it not?
I was curious, so I compared my "Interactive Brokers (IB)" data with my and your "Stockcharts" data, and found a discrepancy. My IB data did not show the long spike down to 155.04 ML Point 2, or B) on 12/13/13, as did the Stockcharts date for the 11:30 ET bar.
Also I was really focusing on the opening gap, and I mssed that one. Great call, though. Good eye, rat.
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BA
Barkley
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Posts: 58
The ES is at a nice spot... lots of fibs here.
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jimkane
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I see no issues with new all-time highs soon. How those 300,000 contracts looking now (yes, this is a joke)? I knew as soon as one 'guru' was saying we are heading down a bit further, and another was talking way, way down (after being a monster perma-bull, he got flipped so fast by the action he got real bold near the lows), I was certain we'd be headed up big any time there. I am now waiting for them to flip back in their calls, and go on about how this was a failed breakdown, so the 'bull' is about to explode in the breakout of the century. That has me wondering if we perhaps won't make the new highs. I have to see when they flip back to gauge that sentiment. In other words, I use them to give the me the precise point where they are the most wrong they can be.
As an aside, be very, very watchful right in here, this is big.
As an aside, be very, very watchful right in here, this is big.