Starting it off.

This 77.75 may be it, or 76.50-.75. I know the day is over, I'm just looking at where the very first area is, in case they want to hold it. This does not look like a hold it and hit the new all-time highs in the overnight, though. It looks like a scare 'em and bring it down for better prices in the AM scenario, then run it up. But, who really knows. Not me, that's for sure. And I don't feel I need to know.

Originally posted by jimkane

Nice stuff, Marcin.

Agreed, sublime use of the tools!

Thanks Duane!
Great to see you back.

Holy cow, Duane is in the house. Will wonders never cease?!

Now, if they bring it in I'll be watching 62.25-63.50 and 52.75-54.50, center of areas. There is a .236(58.63)/.382(57.95) overlap right between those areas, so it's still a tad unclear. If it gets there, I'd like to see how it does it, and what that brings to the situation.

Ah, today was the lowest S&P non-holiday volume day of the year. That explains that crazy action I described. Yep, one small burst from new all-time highs, the volume should be the lowest of the year, right?

From Armstrong:

"It is possible that mixing this entire situation of a Sovereign Debt Crisis and the War Cycle we may see an extended rally into the 2016-2017 time frame ans (sic) government crashes. If the markets peak in 2015 and fall back for 2 years into 2017, then it looks to be off and running into 2024."

Source: http://armstrongeconomics.com/2014/08/19/us-share-market-correction-over-or-posturing/


Imagine that... A run from 2017-2024, another seven years of up manipulation. Another ten years before the collapse. Even a run from here to 2017, the first scenario, and then the crash. Wow, three more years of 'up' and listening to all those 'bulls? I think I'll have leaped from a tall building long before that (yes, that's a joke, but it should be a funny one).

The Pound doesn't look like making over 30 pips correction overnight... But just in case.

Originally posted by jimkane

Holy cow, Duane is in the house. Will wonders never cease?!

Yea Well, when ever I see this pattern ( or anything that resembles it ) I get homesick ! !

Originally posted by MarcinO

Thanks Duane!
Great to see you back.

Really Nice Lines Bro!!

Not many know that lately I've been assisting my better half with 'landscaping' our front and side yard and doing the garden. She relocated a nearly eight year gardening project (flowers, shrubs, tress, and vegi's) when we moved. What we didn't know was the place we bought has the worst clay soil I have ever seen in my entire life. When we get closer to completion I'll post a picture or two in here. We won't finish entirely before the brutal non-stop rain gets here in the fall, but we'll be pretty far along, enough for some pics. In the meantime, here's what we're working with. No, those aren't rocks, that's the soil.


And by the way, that's not concrete below the wheelbarrow, that's the ground we are working with.