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jimkane
Rep: 3,058
Posts: 33,089
Kicking' it off. Going to be another exciting week of the same old, same old, I think. Let's see if that late weakness turns into a big drop, or if it does what I think is the highest probability which is setting the new all-time high. Remember, though, this is a monster area with a key backtest on the daily/weekly SPX.
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jimkane
Rep: 3,058
Posts: 33,089
But I'd prefer a 'Die, pig, die!'
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jimkane
Rep: 3,058
Posts: 33,089
Yawn. Ho-hum. Same old, same old.
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jimkane
Rep: 3,058
Posts: 33,089
Oh, and guess what, the bounce is all overlapping swings...
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jimkane
Rep: 3,058
Posts: 33,089
New LOD. Just another flush retest shake out, or a 'Die, pig, die!'? They like to do these shakeouts, so I think more likely that, but that die isn't off the table.
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jimkane
Rep: 3,058
Posts: 33,089
Just a little factoid while I wait on this. SBUX is up well over 1,800% from the 2009 low by my data. Pretty crazy, if you ask me. Nice for trading, though.
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jimkane
Rep: 3,058
Posts: 33,089
Yawn. Kaching-kaching. Same old, same old.
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jimkane
Rep: 3,058
Posts: 33,089
Wow, that was sweet. Right into a bearish EXP ABCD, and down it goes with vigor. I just love this methodology.
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jimkane
Rep: 3,058
Posts: 33,089
New LOD by one tick. Now they'll bounce it a little, I expect.
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jimkane
Rep: 3,058
Posts: 33,089
Woo-hoo!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! They bounced it a little exactly as expected, and then they monkey-hammer crushed it off that. I just love this.
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jimkane
Rep: 3,058
Posts: 33,089
The volume on that 1-min bar? 114,920 by my data. I don't recall the last time I saw that. Yes, it was the end of cash vol spike in there with it, but that is usually 30K-40K (60K max), so a lot more came in, hence the illiquid movement.
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jimkane
Rep: 3,058
Posts: 33,089
PCLN not only hit another new all-time high today, it is pushing up on 1,500 a share. You read that right. Until this nonsense stops, the 'bull' isn't done, in my opinion.