I just checked in and saw there was no topic for the week yet, so here it is.

You are definitely adamant about those new highs coming, rat. I'll have to see how this acts as it hits the next area here, but the character change is such that 'they' are now back, and new all-time highs will be forthcoming. I'm going to reserve judgement until I see a little more, but it may be. I'd really have thought it would drop to 1956-64, but the area it came off of has some nice stuff in it, so perhaps...

How are those reads from last night looking now? Did you all see that KZ bring it back in for better price (that 'they' love to do when 'they' are running it) in the AM move? Back to the same old game again. Gotta love it.

My next area is 46-49, but as it gets close on the underside, and it's at 40+, I need to be ready. Maybe this just keeps going, and will be up 100, 150 this week, as it not uncommonly does when 'they' go nuts on it, but this is an area I'd expect to see something if the sellers are going to come back.

Yeah, rat, that shows why this could be the spot.

Wheeeeeeeeeeee, look at it go! Up 50 now off the low. I guess I'll just stay with this. Other than add-on, take off, add-on, take off (i.e. one trade that stays on, smaller leg trades that are truly separate but run concurrently), there has been little to do today but ride for the non-very-short-term trader.

48.50, but wow, it's hard to even think about thinking about shorting against a straight shot 50 point ES move. I think this may be one of those frenzy 100 points or more moves. This is exactly how the Oct insane ramp started. But, it is also very obvious that Oct started this way...

Originally posted by jimkane

My next area is 46-49...

49.00... I'm still watching, but my expectations for this rolling over are pretty low. I'm ready, but they are pretty low.

Bonds way up, rates down, stocks down as money flows from stocks to bonds. But, it won't happen from here, right?

http://www.zerohedge.com/news/2015-11-16/last-time-bond-bears-were-short-treasury-yields-collapsed

Well, it did hit 89.25, so that's okay. I got the read into the area, and pretty much for the move up. The morning made the move right to the posted area, the move down was in nice waves that followed the principles. All-in-all a pretty good day for trading, in my opinion.

Originally posted by jimkane

I'd like at least 90, preferably 92-93.