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jimkane
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Posts: 33,089
Yeah, there is the high for the entire move at 68.75, but otherwise, there isn't much until that major area in the 80's, up to around 90ish. They are acting like they want to get there today. That would be 60+ or 70+ in one shot. I could see it...
JI
jimkane
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Posts: 33,089
I think this is kinda nuts, myself, even though for trading it's like an ATM machine that's stuck on full tilt, spitting out $100 bills. Here the real estate equivalent of what I am seeing intraday today in the market.
http://www.zerohedge.com/news/2016-02-29/pretty-freaking-nuts-vancouver-home-sells-735000-above-asking-price
http://www.zerohedge.com/news/2016-02-29/pretty-freaking-nuts-vancouver-home-sells-735000-above-asking-price
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at the last over one hour leg on a 1-min chart. That is about the most fake, most manipulated move I've ever seen. Gimme a break. Great for easy trading and raking it in, but it's so ridiculously fake, I can't even believe it. Like all these 'presidential' candidates.
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jimkane
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Posts: 33,089
2 ticks from the high. It would be trippy if it just collapsed from its own weight here. But I won't count on that.
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jimkane
Rep: 3,058
Posts: 33,089
Likely just a tiny pullback to the lower trend line right here, then take the big high out.
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jimkane
Rep: 3,058
Posts: 33,089
Yawn. I wish it would just get it over with. I get so sleepy waiting through these pauses.
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jimkane
Rep: 3,058
Posts: 33,089
Well, that was a great trading week in my opinion. It was a lot different posting during the RTH, that's for sure. I remember now, for the umpteenth time, why I don't do it, especially in the first two hours. I still can't stop myself from over-posting like I was running a live chat service. But, for now, I plan to try and do some more of it next week. Hopefully, I'll be able to temper it a little, but probably not.
