Starting it off.
I hope to be more active this week.

Watch closely how it handles a 1 tick new high. Clue time.

If only. I dream of a world like this, with no phony credit, no fake money printing (and hence stealing my life savings out from under me), and so on. But, it will never happen. Anyway, this is a good article explaining what I wish every day for.

http://davidstockmanscontracorner.com/the-feds-paint-by-the-numbers-insanity-why-humphrey-hawkins-should-be-repealed-now/

Another leg unfolding?

Okay, I got all I could have asked, and more. This is a super-key area here. I expect nothing, maybe not even a tiny checkback, but I'd be remiss if I didn't point it out.

Hard to believe (well, actually not even slightly hard to believe) it's up two ticks shy of up 30 since yesterday after the close...

Okay, there's the reaction. But this 1.75 point drop may be it. How pathetic/insane is that? C'mon, at least drop it like four points. Geez.

What I'd like now is new lows for the move starting from here. But tough to fight a rocket launch 30 point move.

Exactly as expected, a very, very shallow pullback and then excessive chop. Soon it pops up?

I wish it could just correct a little, to balance it out a bit.

Maybe they sweep it down out of this 1-min range, a few ticks under, then gun it up. But, last hour on a Friday on a big up day, that usually means HC^2 (look on the terminology page if you forgot this one).

Another day where I rate the trading potential off the scale. Right off the area yesterday and basically straight up 31.75 points. Who could ask for more than that... Some day we'll look back and remember how wonderful the trading action was. For now, I just want to appreciate how incredible all this manipulation is, from a trading perspective. Again, all just my viewpoint.