JI
jimkane
Rep: 3,058
Posts: 33,089
Champing at the bit. Can't wait for tomorrow. Wish I had a little bigger following with more participation...
JI
jimkane
Rep: 3,058
Posts: 33,089
I've seen a thing going around the blogs and such that I think is 'curious'. I am not placing much stock in it, but I am not ignoring it. Since they like to play games to show the 'power' they have (like that day that was the almost exact inverse of the previous day on the 1-min chart, it was done, I feel, just to show, to create a signature, just how much control they have, something they can show others ten or twenty years down the road and say 'I did that!'), they do things like bottom it at 666. So, is 1929 a possible top for this thing? Imagine if they did that.
I'm trying to think of what key event number is around 3,400... Hmmm, 3330, 5*666? I was only wondering about that because I showed in one of my books that 3.33 is a Fibonacci-derived number (and it does come up quite a bit in various different derivation work I do that has direct application to current trading techniques I am working on). And, of course, 34 is a Fib number. Hey, how about the low was on 3/6/09, so the high could be 3609?
I'm trying to think of what key event number is around 3,400... Hmmm, 3330, 5*666? I was only wondering about that because I showed in one of my books that 3.33 is a Fibonacci-derived number (and it does come up quite a bit in various different derivation work I do that has direct application to current trading techniques I am working on). And, of course, 34 is a Fib number. Hey, how about the low was on 3/6/09, so the high could be 3609?
JI
jimkane
Rep: 3,058
Posts: 33,089
So, is this the long awaited start of me posting in the AM session? Nah, I just thought I'd check in today and break my rule about concentrating because, well, this looks like it may be an extraordinary day. We'll see going forward what I do...
JI
jimkane
Rep: 3,058
Posts: 33,089
Jackrabbit start out of the hole today? Which way? Those are the questions.
JI
jimkane
Rep: 3,058
Posts: 33,089
I wonder what they'll do with that 24 spike low off of the Dragh Queen announcement?
MA
MarcinO
Rep: 67
Posts: 5,506
Do you expect stops sweep?
Originally posted by jimkane
I wonder what they'll do with that 24 spike low off of the Dragh Queen announcement?
JI
jimkane
Rep: 3,058
Posts: 33,089
Very funny and apropos comment from over at Slope of Hope:
"Please stop using the term "bears". There are no bears. Only bulls and people who used to have money. Comprende?"
Source: http://slopeofhope.com/2014/06/jump-in-the-drink.html#c1760911
"Please stop using the term "bears". There are no bears. Only bulls and people who used to have money. Comprende?"
Source: http://slopeofhope.com/2014/06/jump-in-the-drink.html#c1760911