JI
jimkane
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I am saying that tongue in cheek. I expect it to rise more, I'd just like it if it showed weakness right here because of what that would imply.
JI
jimkane
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Posts: 33,089
Oops, holy cow, look at that pop, as I thought, that happened while my post was traveling over the Internet.
JI
jimkane
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Posts: 33,089
I think there is a good chance that was a stop sweep, and now it can chop around, or weaken.
JI
jimkane
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Posts: 33,089
Anyway, my view was long off that last pullback, after it did the fake bigger pullback, then rolled it into a pseudo-ABCD, which trapped all the early longs. I just wanted it to end at the key spot for further weakness, which I knew it wouldn't do.
JI
jimkane
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Posts: 33,089
Now I wait to see if we get 'lucky' and it blasts up to the area I posted. It would be one heck of a blast if it did. One I'd remember for a long time. And it's looking like it might just do it... What a finish to my week that would be!
JI
jimkane
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Even 60.75-61.-75 would thrill me if it can reach all the way. It's just sooooo stretched right now already. I can't wait to see how they finish it.
JI
jimkane
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Posts: 33,089
That might be it. If they don't come back in here soon that's all she wrote.
JI
jimkane
Rep: 3,058
Posts: 33,089
It was pretty obvious it was done when they didn't come back in. The crazy part is how much it got slammed here at the cash close area. It gave it all back in a few minutes. Don't get me wrong, I love it. I'll never complain about any selling, under any circumstances I can fathom. The weakness I was hoping for a little lower came after all, into a Friday close, weakening the entire layout. This is a finish that was more than I could ask for. A great second long opportunity, and the weakness I wanted. Truly awesome. Have a great weekend everyone.






