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MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
RA
rat89
Rep: 0
Posts: 7,015
"the trend is up until it isn't"
"maybe it will just go up forever"

Originally posted by jimkane

My track record for that is very close to 100%. What's the secret? There is one. There is something to it. I try to think like a sucker, a noob. I try to get into that mindset. I think like I did when I first started. I try to get excited. I try to get into the moment, just like a plain old sucker. Then I try to post that just at the point when I would want to jump all over it. Seriously.

One thing that was pointed out to me by a student long ago was he was surprised at how much I use, how much I draw from, in what I do. I used to use the level of excitement in the announcers/guests voices on CNBS (used to be CNBC before they revealed their true shill nature when the crisis started) to gauge the strength of a given move intraday. I will draw from anywhere and anything that I think adds to my edge. Hence the 'secret' of why my die, pig, die's are such good reversal signals.


Originally posted by rat89

nice going jim...thanks a lot


Originally posted by jimkane

I just know this will jinx it, but: Die, pig, die!


JI
jimkane
Rep: 3,058
Posts: 33,089
They showed strength and didn't follow through... I wish that meant they are done, but it seems almost fantastical that this could go down even a few ticks at this point.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm just not going to say any of my flippant comments here...
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch 43, it's critical.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm just not going to count on much here.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm stayin' cool, not saying anything this time...
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm literally chomping down on my tongue right now...
JI
jimkane
Rep: 3,058
Posts: 33,089
This 38.25 area is worrisome. I hope it is at worst a bounce and roll.
RA
rat89
Rep: 0
Posts: 7,015
don't say it
JI
jimkane
Rep: 3,058
Posts: 33,089
Just as I suspected. Good roll spot here, but I'm not sure they have anything left.
MA
MarcinO
Rep: 67
Posts: 5,506
Pound spot is 70 pips down from yesterday HOD.