The Aussie is in interesting spot.
ABCD against strong resistance area.
RA
rat89
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this is a very important area on all the indexes here....
iwm at 113.19 = .447 + a penny
spy at 191.98 = 1.27 + a penny
qqq at 91.19 = 1.00 + 4¢
iwm at 113.19 = .447 + a penny
spy at 191.98 = 1.27 + a penny
qqq at 91.19 = 1.00 + 4¢
RA
rat89
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Posts: 7,015
and they popped it through...all day to muster that and then no follow through?
JI
jimkane
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Posts: 33,089
Any second now I'm going to short like 50 zillion contracts. I'm just letting it finish this blowoff off. I just got back from third mortgaging my house, my boat, my car, and moving all my savings into my trading accounts. I think I have enough margin for 50 zillion now. Any second now... (yes, this is a joke, you can tell because 'zillion' isn't a real amount).
JI
jimkane
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Posts: 33,089
Well, I'm short 50 zillion contracts. Let's see if that was it, or if they have one more push, possibly even to 20-21.
JI
jimkane
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Posts: 33,089
BTW, don't try this at home. Shorting a new all-time high with a 50 zillion contract position, well, that's really, generally, a horrifically bad idea.
JI
jimkane
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Posts: 33,089
In reality I suspect this won't slow down or correct at all at least until 2000 is hit.
JI
jimkane
Rep: 3,058
Posts: 33,089
I was just reading some Paul Craig Roberts and how AmeriKa was lost (taken, really) and thinking about how I viewed the world when I was younger, compared to now. Thinking about what I think the future holds (it's all extremely awful, I have zero hope for anything good in the future at all). Then this song came on from Supertramp. It's all about being part of the 1% (0.1%?) in this rigged game. The rest are just slaves to be used up.
"So you think your schooling's phoney
I guess it's hard not to agree
You say it all depends on money
And who is in your family tree
Right, you're bloody well right"
"So you think your schooling's phoney
I guess it's hard not to agree
You say it all depends on money
And who is in your family tree
Right, you're bloody well right"


