Kickin' it off.

It slowed down but somehow cannot 'see' that area, although remains within acceptable accuracy range.
Breaking this area would mean 1.50 tomorrow, I guess.

Yeah, just having too much fun to post.

Originally posted by MarcinO

BTW, where is Jim?
Oh I see. 20+ move in the ES could have drawn his attention for good.

BTW, nice charts, crew.

STRP is getting beat up nicely lately. The chart reminds me of VRX...

Okay, let me summarize. F#&%book, Guggle, Shamazon, all just exploding to new all-time highs. AZO, PCLN et al new all-time highs. All on a day the NASDAQ is down. Same old, same old. The generals are leading, the solders are running away. I recall in to 2000, I don't recall the actual stats, but if you took out the top five stocks the market was down like 5%, instead of way, way up. Earnings are the worst in six years (yeah, that was right around the end of the bear market), but this is happening at new all-time highs, not at monster lows. Bearish sentiment is at an eight-month low right now. This all sound goods for further upside. Yeah, riiiiiiiiiiight.

My thoughts here are lean heavily on the short side (very short-term), but watch this bullish ABCD here, in case. I am looking at it from a management standpoint right now. But, I don't trust them.

At least it was super-easy to see coming...

Originally posted by jimkane

My thoughts here are lean heavily on the short side (very short-term), but watch this bullish ABCD here, in case. I am looking at it from a management standpoint right now. But, I don't trust them.

So, what do you make of that, rat? Super stretched and overdone, ready to crater, or upside breakout?

Originally posted by rat89

Click image for original size

the exit door is on the right

Well, I was hoping they'd push it up a little more, but that's fine. Overall, it was a wild day with incredible swings. If only we could have action like this every day... What an amazing week. I hope it keeps up. I love action.