After spot market clouse the Euro gave a 35 reaction off the area posted on Friday, but I would expect a little more down.
The Cable is also in a very distinctive area, defined clearly by basic KT tools.

Originally posted by jimkane

Time for a 'Die, pig, die!'

But since I posted that, that will probably be all it does. The universe knows...

Well, that, and the super-key area there.

So, if this plays out, and to me that's a huge if, then I'd be looking around 26 to start. Then the ABCD area, then the 'W3' area, etc. I only give it a 10% chance it is headed lower here. I think this is most likely a 'test' on the way up. Just my two cents.

Hard to believe at the high in the overnight it was up 53.75 points by my data in under eighteen hours! 33 in one leg in just hours. Crazy.

on a Friday afternoon?

Originally posted by jimkane

Time for a 'Die, pig, die!'

I'm reminiscing about Jerry Lee Lewis: Whole Lotta Shakin' Goin' On.

Oh, I realized the asininity and fantasy of that, but I did it anyway.

Originally posted by rat89

on a Friday afternoon?

Originally posted by jimkane

Time for a 'Die, pig, die!'

Biotechs getting killed, DOW up proportionately way more than S&P or Nazzie. Odd.

Swooooo-frickin'-ooooosh.

What more could you wish for? A return of roofer would round it out nicely. Anyway, it is far better to have three focused traders than a chat room full of noise. This week was another killer week, can't wait for next week ;)

Originally posted by jimkane

What a triumvirate we have in here. In a Jamaican accent (imitating the guy in the movie Cool Runnings) -

We got de:

One Jim, shakin' it down on the ES intraday

We got de one Rat, killin' the stocks and ETF's

And last but not least we got de one Marcin, dominating the Euro for all to see.


All discussed in advance, pretty much day in and day out. Yeah, this ain't the coolest forum ever.