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.

That's probably all it will do. It just has no desire to do anything, at least until the Fed announcement tomorrow. Best case scenario for this long is 68, but 64 might be the level, taking out the HOD. But, it's probably done here at 59.25. I would sure love to see that 68 area today...

C'mon, baby, get some legs. 68. 68. 68. You can do it.

BTW, that's another new all-time high for F%&#book, again.

C'mon, make your play. You can do it. Gimme 68. At least gimme 64...

Anyway, I have like a zillion AAPL calls, and as much stock as I can possibly carry, in anticipation of the earnings announcement after the bell, and the subsequent huge pop that I expect to see. I've got my house triple mortgageded to the max, my credit cards are max'ed, I'm fully margined, and I even pawned my dog to get a few more shares. I should be able to retire after they knock the cover off the ball and send it flying out of the universe. The stock should pop at least a 100, hopefully more.*


* Yes, this is a satirical post

AAPL needs to get going. I need it to be up at least a hundred. It deserves a much higher multiple. I mean, everyone in China is going to get an iPhone, and all the rest of that stuff.

Okay, AAPL is getting going, and the ES just hit my 64 area, taking out the HOD. Let's see if it can get that 68 area now.

Right, but at least it moves in some kind of ordered fashion, while the Euro is just chop.

Originally posted by jimkane

It does suck, but it won't last. Vol will be back soon enough. ES no prize so far this week, either.

Originally posted by MarcinO

After price action in the Euro this week I really consider switching to Cable or Aussie...

I think the Euro wants to get there.

Here's the idea for that level:

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.