I'll kick it off.

We are all going to be so dead soon. Sorry I'm so 'negative'. I just know what's coming...

http://slopeofhope.com/2014/07/forget-what-they-say-and-watch-what-they-do.html#more-35920

So, will this long really do anything off this area? It's looking a lot better now.

.685

bear trap

Great charts, rat.

I actually woke up last night and thought of this, and was having trouble getting back to sleep thinking about it, but was just too tired to get up like I sometimes do and do a post. Anyway, I did a session yesterday, and explained to the student why although the spot it hit there was an area, I didn't like it, 'context-wise', for a long. I was more or less posting what's below within a context (different use of the word, hence no single quotes implying KT 'context') of it being a typical Sunday night, so of course it will go up. I didn't like it as a long at all, but only the one student would understood that.

So, overall, that was a poor quality post, because it made it look like I thought long was an idea I liked off that area. Sometimes it's hard to remember, when one does so many posts and has so many conversations, which is which. The spoken word, with a conversation history, can assume a lot more that a post can, given inflection, facial expression (when in person), and so on. Anyway, just so readers can best study the key technical factors (one of the main purposes of this forum), understand that I thought this would seek the next level, and so study what happened from that point of view. There were things right where it reversed. Look for and study those.

Originally posted by jimkane

So, will this long really do anything off this area? It's looking a lot better now.

Sweep time. Down first?

I think this is a good overview of the situation. No solutions (since there really are none), nothing new, but a good synopsis.

http://www.zerohedge.com/news/2014-08-02/do-over-groupthink-mass-delusion-and-hell-pay