JI
jimkane
Rep: 3,058
Posts: 33,089
This almost surely, in my experience, indicates an imminent big move coming.
MA
MarcinO
Rep: 67
Posts: 5,506
I cannot leave you alone with the market for a single day, guys. You are driving the market up constatntly.
JI
jimkane
Rep: 3,058
Posts: 33,089
Pretty straightforward day here. Easy moves to catch, in my opinion. Yeah, it's the same crappy overlapping swing nonsense as the past four weeks, but technical and easy to catch, I feel. Getting close to the first main area I posted. Yawn. Same old, same old, day in and day out in here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Uh-oh, no Marcin posts, he must be slammed again. Crew of one today?
JI
jimkane
Rep: 3,058
Posts: 33,089
This thing looks sooooooooooooooooo top-heavy it's just stoo-pid. Doesn't mean they won't manipulate it up more, but it's just crazy up here.
JI
jimkane
Rep: 3,058
Posts: 33,089
And it starts to bounce at the exact point you wouldn't want it to bounce if the short wasn't going to continue. Watch the bounce for clues.
JI
jimkane
Rep: 3,058
Posts: 33,089
You're welcome. I hope you can follow at least some of it. I know it's tough at first.
Originally posted by JaLee
Thanks Jim. I'm glad it's the weekend so I can study this and review your previous comments. Have a nice weekend. No golfing...(it's not relaxing, just a good walk spoiled as they say!)