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MA
MarcinO
Rep: 67
Posts: 5,506
I will start it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Up to 34, and down it goes. Yawn.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch the lower timeframe GZ here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, key spot here. Let's see if the chop continues, or if they flush it.
RA
rat89
Rep: 0
Posts: 7,015
it is quite the game they play
JI
jimkane
Rep: 3,058
Posts: 33,089
Yep, day in and day out. And they keep chaging the obvious parameters, to keep the dupes duped. But the theme stays the same over the ages.
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, that should be it there, I think.
JI
jimkane
Rep: 3,058
Posts: 33,089
Woo-hoo, look at it go!
JI
jimkane
Rep: 3,058
Posts: 33,089
So predictable, it's not borderline comical, it's just completely comical.
JI
jimkane
Rep: 3,058
Posts: 33,089
Notice what they did. Fast rush up, just where and when I expected it, but then right back down, then up a bit, then down, but the greater theme is that they stayed in a range for the last two hours, with copious fakes and traps. If it drops from here, and one steps back, it wouldn't look like chop, but I don't think it's coincidental that it did all this in the last two hours. Not to mention I really doubt it's going down right from here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's a little factoid that most don't think about. The trannies have quadrupled since the big manipulation low. Quadrupled. So, that means a 300% profit low to high, in just over five years. I know you can't look at rate of return uncompounded, but that is an 'average' of almost 60% a year for over five straight years on the initial investment. That's kinda outrageous, I think. I mean, if I knew a trader who was making 60% a year, year after year, I'd be pretty darn impressed. A trader averaging 50% a year for the last five years, one who I would really be impressed by, would be lagging a Joe Average who just bought the trannies. Wow. The Russell, MidCaps, and Naz are right behind the trannies.

I should have just went long just over five years ago, and be sitting on it. No work, no effort, all free time, and that's without any leverage. On just regular margin, that's say 120% a year average. What about longer-term options? 300% a year? $400%? It's all just crazy. Makes me wonder about all that incredibly hard work, and all that effort, over the years. If only I would have believed what I knew was unfolding...
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's a good overview of the same old, same old, as I've been saying all along. When TSHTF it is really going to be something.

http://market-ticker.org/akcs-www?post=229300