Starting it off.

I keep trying to think how do do something with the KT project. It's so 'dead' right now, it gets to be a weight around my neck. The 'carrying costs' are the same whether it's dead or poppin', so when it's dead it seems such a waste. But, the trading world, for private traders, seems pretty much non-existent. I'm thinking, then, that any attempt to do anything with the project is totally futile. It still seems like some places have some following, but I guess, in reality, those are just a group of people, probably making money in some other fashion, or who have money and don't work, and like to play at trading, and they just gather there. They aren't people who want to learn to trade full-time by developing world-class skills via hard, hard work (like neurosurgeons, professional athletes, etc.).

I'm afraid I'm a dinosaur, the last top of the line chariot wheel maker... It really sucks to know what I know, and have a crew of a few, and most of those haven't seen any of the new stuff. I'd think, with the skills I have, I'd have ten or twenty really wealthy, driven individuals who migrated to my area just to be able to have face time with me, and we all meet and discuss this stuff regularly. When I was younger I was willing to move anywhere in the country for a job (and I did, when I finally got an offer in the field I so desperately wanted to work in), and I wanted to even take a job overseas. Back then, if there was someone in that field who had skills like I do, and they would work with me in person indefinitely, I would have moved in a blink. Be part of a team, a club, of traders working on cutting edge stuff as it is developed. But, in a world of about seven billion people, no such interested persons exist...

Anyway, getting ready for the FB earnings. That should be interesting.

Wild FB swings. It's down now. That tells me the odds are 99% it is going to go up?

Anyway, 'The Player' bought that dip, 100,000 shares. Crazy guy.

FB now rocketing up, way over the closing price. That player...

That player is a quick scaler on a good chunk of that. What a guy.

Play the pop, get some cushion, leave some on to ride. If it doesn't sustain, close it out. What a plan.

The insane part is, on a day when AAPL is reporting, the market really only cares about FB. AAPL is passe now. And speaking of passe, TXN, TQNT, XLNX, QCOM and so on are reporting today. Who are they? Does the market even care one iota? Nope, not even a part of an iota. Who are they again? They, and their ilk, are all the market cared about in the tech bubble (the 'first' tech bubble). Time change.

ES exploding up. not sure how this is working, that must be AAPL anticipation, yet AAPL is doing nothing.

the charts say it all

ES reopens and explodes up.

ES rising again (hard), after that vicious 1-min shakeout. It does seem to be set up nicely for Sunday open. We shall see. I'll be watching the little mini session at 1:30 PM, given this was exploding into the futures close there. Normally the mini session opens a little down and just sits, but today, it may pop up and take out the local high there.