Starting it off.

That was a machine algo momo ignition buy program, perhaps ignited from a news reading bot that caught a fake headline designed to kick it off (implemented by another algo trying to 'beat' this algo, or get at suckers). The usual in this day and age. Fortunately my experience is that they usually come right off our areas or are aligned with the direction we would be looking at already, or are in, such as in this case. No claims, just my opinion about my experience over about 54,000 hours...

Originally posted by JaLee

Wow... what was that?

That was crazy fast.

Originally posted by jimkane

That was a machine algo momo ignition buy program, perhaps ignited from a news reading bot that caught a fake headline designed to kick it off (implemented by another algo trying to 'beat' this algo, or get at suckers). The usual in this day and age. Fortunately my experience is that they usually come right off our areas or are aligned with the direction we would be looking at already, or are in, such as in this case. No claims, just my opinion about my experience over about 54,000 hours...

Originally posted by JaLee

Wow... what was that?

You sound like 'The Player' (if you don't understand this see the terminology page).

Originally posted by MarcinO

I went long with a whole account.

Originally posted by JaLee

Wow... what was that?

Yes, you have to be in already for those. Sometimes they kick off a series of pumps and a huge move. Sometimes they are single one offs, and done. This one looks more like a series about to happen.

Originally posted by JaLee

That was crazy fast.

Originally posted by jimkane

That was a machine algo momo ignition buy program, perhaps ignited from a news reading bot that caught a fake headline designed to kick it off (implemented by another algo trying to 'beat' this algo, or get at suckers). The usual in this day and age. Fortunately my experience is that they usually come right off our areas or are aligned with the direction we would be looking at already, or are in, such as in this case. No claims, just my opinion about my experience over about 54,000 hours...

Originally posted by JaLee

Wow... what was that?

This might be headed for 2100 area now... At least the low 90's if it gets going. Lots of things in the way, but that will give us lots of clues. I'd still prefer it was a sucker trap and it dumps from here. Funny to see me long side bias and hoping like crazy for a dump. It's something you'll hear me discuss frequently. I'm always concerned with the next 2-3 moves instead of maximizing any given move at the expense of good potential trading afterwards.

Thanks, that helps.

Originally posted by jimkane

This might be headed for 2100 area now... At least the low 90's if it gets going. Lots of things in the way, but that will give us lots of clues. I'd still prefer it was a sucker trap and it dumps from here. Funny to see me long side bias and hoping like crazy for a dump. It's something you'll hear me discuss frequently. I'm always concerned with the next 2-3 moves instead of maximizing any given move at the expense of good potential trading afterwards.

I know this guy very well.

Originally posted by jimkane

You sound like 'The Player' (if you don't understand this see the terminology page).

Originally posted by MarcinO

I went long with a whole account.

Originally posted by JaLee

Wow... what was that?

Yes, I do believe you know him well.

Originally posted by MarcinO

I know this guy very well.

Originally posted by jimkane

You sound like 'The Player' (if you don't understand this see the terminology page).

Originally posted by MarcinO

I went long with a whole account.

Originally posted by JaLee

Wow... what was that?

Is this dip ready now?

Well, look at that.

And here's the new topic. Everyone please go there and vote that up (if you think it is good). Also, I added a post to the above one thread, so make sure even if you voted before you go and vote up that one. I know there are more people reading this than four, so please, everyone, help me out. I need to make sure that they don't seem vulnerable to down voting and we get the positive vibes going. Thanks.

http://www.mypivots.com/board/topic/8616/-1/charts-from-4-29-16