JI
jimkane
Rep: 3,058
Posts: 33,089
A somewhat choppy day, which is to be expected after that monster ramp yesterday, but still very tradeable in my opinion.
JI
jimkane
Rep: 3,058
Posts: 33,089
Someone said something about a high degree of confidence about that 62 area being reached. High today was 63.75. Hmmmmm.
MA
MarcinO
Rep: 67
Posts: 5,506
Originally posted by jimkane
Someone said something about a high degree of confidence about that 62 area being reached. High today was 63.75. Hmmmmm.
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's the original quote, not that anyone cares. I mean, so what that I said this. But, what else can I post in here right now.
16-Apr-2014 at 12:57 AM
Oginally posted by jimkane
I have zero intention of expecting anything from this play except 62 area, likely by the open. Anything can happen, but my confidence level in this outcome is extremely high.
Originally posted by MarcinO
Originally posted by jimkane
Someone said something about a high degree of confidence about that 62 area being reached. High today was 63.75. Hmmmmm.
JI
jimkane
Rep: 3,058
Posts: 33,089
I thought I had posted that after further work the best timing factor was actually from early AM to mid-day today. I look back and it seems I didn't post that. Regardless, I don't put too much weight on the timing factors I post in here from time to time, I just point them out because if they get hit dead on I do weigh that into the mix a bit. If not, they don't detract anything from my view of the situation.
Bottom line, it did what I expected once again. Now we see if the other thing I expected is happening, and that is, the bloggers are getting flipped back long. As of this morning, one super-key blogger flipped back long. Recall I said it doesn't jibe that they are all so bearish and then the market goes down. They got bearish right at the low. The flipping to long process is beginning.Then I can say 'Everything is as it should be, in this, the best of all possible worlds'. (This is, as I've explained, my own version of a line from Voltaire's Candide.)
Bottom line, it did what I expected once again. Now we see if the other thing I expected is happening, and that is, the bloggers are getting flipped back long. As of this morning, one super-key blogger flipped back long. Recall I said it doesn't jibe that they are all so bearish and then the market goes down. They got bearish right at the low. The flipping to long process is beginning.Then I can say 'Everything is as it should be, in this, the best of all possible worlds'. (This is, as I've explained, my own version of a line from Voltaire's Candide.)



