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jimkane
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Posts: 33,089
55.00. I'm too tired to enjoy this, but I know this is the type of stuff I enjoy more than anything else in the world, when awake. And if I stop typing I'm going to fall asleep.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, it is so there, now we see. The time to be ready for partial scaling is at hand, to my way of thinking.
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jimkane
Rep: 3,058
Posts: 33,089
Only one partial scale signal, and it was a super-early one. 54.00 now hit. We shall see. I'm dozing at my keyboard, and will pay dearly for this tomorrow, but no way I can stop watching now. This, in my opinion, is no time for automated stops. Well, they can be used, but to attempt to maximize a situation like this, the trader would do better, I think, to be on hand.
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jimkane
Rep: 3,058
Posts: 33,089
53.25. Low end of area hit. I can't see how they will not want to sweep the stops, but this is the best area, so it's a tough call. I'll just see what it does.
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jimkane
Rep: 3,058
Posts: 33,089
BTW, if this is the start of something big, I'm going to be looking at the 1500 area. But, not likely it's anything...
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jimkane
Rep: 3,058
Posts: 33,089
So, this is what recovery looks like in 'exceptional' AmeriKa? 2008 was the 'wave 1' (crisis-wise), and I have less than zero doubt 'Wave 3' is going to be quite an extended wave, not one of those 1.618 multiples of 'Wave 1' (again, in severity of crisis, not stock market values). I've been saying for a long time now "America is gone". Now I see I'm not the only one. The whole planet is gone.
If any written history survives (something I'm not so sure about), they will look back at this period, of when we were in the eye of the storm, a storm that gained a tremendous amount of strength while we were in the eye, and muse about how no population in history has ever deluded themselves this much (not just the U.S, but the world, as I see Europe being a bit worse off than we are (yes, I think, mathematically, that's the case), and Japan and China as complete jokes). They will wonder how we could even do this, pretend we are fine when the world was burning around us (normalcy bias to the umpteenth power), waste the only chance we had to salvage something, and we just sat back, let the power-mongers make it a lot worse, loot us fully and completely.
But, I've come to conclude it just has to play out this way. Something worse then WWII and all that suffering just is in the cards, it has to happen. It has to, because we didn't do anything to stop the groundwork from being laid over the decades. Bye, Bye, AmeriKa, and world. Bye-Bye.
http://www.theburningplatform.com/2014/07/10/shock-report-70-million-people-would-be-starving-in-the-streets-without-government-welfare-programs/
If any written history survives (something I'm not so sure about), they will look back at this period, of when we were in the eye of the storm, a storm that gained a tremendous amount of strength while we were in the eye, and muse about how no population in history has ever deluded themselves this much (not just the U.S, but the world, as I see Europe being a bit worse off than we are (yes, I think, mathematically, that's the case), and Japan and China as complete jokes). They will wonder how we could even do this, pretend we are fine when the world was burning around us (normalcy bias to the umpteenth power), waste the only chance we had to salvage something, and we just sat back, let the power-mongers make it a lot worse, loot us fully and completely.
But, I've come to conclude it just has to play out this way. Something worse then WWII and all that suffering just is in the cards, it has to happen. It has to, because we didn't do anything to stop the groundwork from being laid over the decades. Bye, Bye, AmeriKa, and world. Bye-Bye.
http://www.theburningplatform.com/2014/07/10/shock-report-70-million-people-would-be-starving-in-the-streets-without-government-welfare-programs/