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

Nope, no follow through. Just chop, like most last few hour sessions on a big up day.

They need to get this up now to screw all those shorts they sucked in.

What's odd is the BIS, which I consider to pretty much be at the top of the pyramid, over the Fed and the other central banks, is now telling the truth and saying all this isn't so good. I'm not sure what the game is. We are so f#%&ed. We are f#%&ed beyond belief.

http://www.theautomaticearth.com/debt-rattle-14-juillet-the-economy-is-deteriorating-fast/

Originally posted by jimkane

No posts at all today. Nothing like having a forum in one of the biggest bull markets in history where you can count the members on one hand even after having a major power tool accident...

Anyway, everything worked out exactly as I expected, no better prices, just up, up, and away, 21 points off the low in a smooth trend, 19.75 in the 'W3'. We should all recognize that amount, the famous 20+ points. I could see this one coming from miles away.

Jim, today was tough for me. During the sideways price action, I kept "looking the wrong way" at significant price turns. For example, after the nice Kane TD at the open, I watched a DT form and expected a Kane DT to form, and it did, but price moved down after sideways action. The subsequent sideways price action faked me out.

The Kane DT completing in a Trader's Dream happened Friday.

Al Kamego

This pretty much sums up what I have been saying. And it doesn't even get into all the financial rape.

http://www.theburningplatform.com/2014/07/14/what-i-dont-like-about-life-in-the-american-police-state/

Oh, and I am 100% sure that 'they' track every single visit to every site that has ever posted anything that is even slightly critical of the goob-er-mint. But, I wouldn't worry about that in clicking the above link for two reasons. If you've ever, once in your life, been to any of these various sites, you are being tracked, 'personally', every minute of every day. And second, since they have now tracked that link back to this forum, everyone here is being tracked by association. So, why worry at this point. But, everyone should make their own decisions.

Also, let me clarify something. As far as I know, 100% of all Internet traffic, emails, cell phone calls and texts, landline calls, etc. is monitored and stored. That's a given. But, not all of it is 'personally' screened. It's screened by computer for keywords. You can bet your life 'Zero Hedge' is a key phrase. Once you get flagged, then it's decided if you are to be 'fully monitored'. For example, they recently revealed if you every searched for the Tor browser or the Tails operating system, or have been to their websites (I've studied it extensively, on multiple occasions), you are on a permanent full-time monitoring list. It's automatically done by a computer, which sees this and puts you on the list. The funny thing is Tor is mostly paid for by the goob-er-mint. But if you even read up on it you will be watched, 'in person' basically, 24/7. Is that f#%&ed up, or what?

So, we are all on 'the list', being 'personally' watched all the time. Nah, this isn't at all like 1984, is it? Nah, I'm not scared how this is going to end for all of us, am I? Are you kidding, I haven't stop shaking for years now. I can't even believe my system can take the stress without it killing me... I guess I just hope it kills me before 'they' do.

Of all the things that really pi#% me off about how we are being looted, the 'bail-in' upsets me the most. Taking money from an FDIC insured bank account and giving it to the banks is just sick, insane outright theft. And they'll do it, and nothing will happen. And to make it worse, I feared the day they would pass that into law. Well, as it turns out, it was in Dodd Frank in 2010. It's already law. They can do it any time they want. And all I dream about is when the S&P finally starts to drop hard, and I wish every day it can hit 400. Long, long before that every penny I have will be completely gone in 'bail outs' and MF Global type debacles. It's really awful knowing all this stuff...

http://www.theburningplatform.com/2014/07/14/robbing-peter/

Anyway, from a trading standpoint, I am expecting new all-time highs, as usual, the only question is with a get better prices overnight drop, or not. Right now it's strongly looking like not, but we'll see. Regardless, the long play did not have full scale outs triggered when viewed as an intermediate-term play. If this does move I'm watching around 93-94, and being cautious just over the all-time highs, say around 82.50-.75 (center of area, of course).

And yes, there is a lot of stuff in here and slightly above, but I doubt it will care. It may, or may use it for better prices, but even that I'm not seeing. We'll see.

Watching to see if the European open brings a pop or not. I'd prefer the bring it down for better prices. So, that means up because it always does what I least want? Funny, long side bias and hoping it goes down for now. I'm always thinking about what makes a better series of trades, not what makes one trade better.

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.