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.

Give it to me, baby.

Only one more point needed!

2085!!! Man, I am just jazzed. I suppose it's too much to ask for a few more ticks so it can be 30+? Yeah, that's asking too much...

I just can't describe how it feels to pick out both extremes essentially dead on like that...

I'll quote a song here. I have this tacked up on my trading office wall. Few, if any, appreciate/understand why I have this up. Today is exactly why I have it up, what it means to me.

"There's no sensation to compare with this,
suspended animation, a state of bliss..."

I suspect all my regulars know where that is from. It's an age thing, mostly. We all came up around the same time.

I also relate to this verse. The last line. It needs the others to lead into it, to give it context. I love to find parallels. I think that's why I have the skills I have for this, I can see parallels very quickly.

"Into the distance, a ribbon of black
Stretched to the point of no turning back
A flight of fancy on a windswept field
Standing alone my senses reeled
A fatal attraction is holding me fast,
How can I escape this irresistible grasp?"

85.25! Up 29.75 off the low. Okay, it's not 30+, but it's as close as I can get. I think it will drift up on the reopen anyway. But, my read was for the session, basically.

I didn't remember the song, but I had a feeling it was pink floyd ;)

So, this will be the biggest monthly gain in the S&P in history. It feels like it.

http://www.zerohedge.com/news/2015-10-28/sp-set-biggest-ever-monthly-point-gain-central-banks-go-all

The best song on Momentary laps of reason!

Originally posted by jimkane

I just can't describe how it feels to pick out both extremes essentially dead on like that...

I'll quote a song here. I have this tacked up on my trading office wall. Few, if any, appreciate/understand why I have this up. Today is exactly why I have it up, what it means to me.

"There's no sensation to compare with this,
suspended animation, a state of bliss..."

I suspect all my regulars know where that is from. It's an age thing, mostly. We all came up around the same time.

I also relate to this verse. The last line. It needs the others to lead into it, to give it context. I love to find parallels. I think that's why I have the skills I have for this, I can see parallels very quickly.

"Into the distance, a ribbon of black
Stretched to the point of no turning back
A flight of fancy on a windswept field
Standing alone my senses reeled
A fatal attraction is holding me fast,
How can I escape this irresistible grasp?"

And I did, a lot of times, referred that to trading!

It's too early to be sure about that, but the move down in the Euro might be done.
I mean they cleared lots of supports, forming a huge bullish ABCD, so it's ready to reverse or fall down completely.
If the bearish abcd is going to fail - this is nice place.

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.