MURICO.com Forum

Re: Good to know, I'm not-----
In Response To: You can also color me - - - ()

the only person suffering a confused state of mind. I hate this 3 week cycle but it will be done and over and clearing the Fog the second week in Jan. Sometimes it takes me an extra week to get my confidence back which causes missed opportunities. I was working fishing lines @ 64.20 on Thursday but canceled them Friday due to the Fog. I was quick enough with an instinctive line set @ 63.45 just before the report came out. I had been looking for and wanting a retest of 62.45 resistance break on the 15th. I had a buy order working all week at 62.45 with the guess it would produce some sort of bounce. Since that was also my deposit target for catch I bumped it to 2 and waited. Didn't have to wait long. It's a good thing I have a lot of pre planned mechanical targets, with my brain fog my processing speed could not have handled the volatility. I'm still undecided on which directional hallucination to choose for Tuesdays open. A good thing I have my Fishermans Guide to direct my fishing line placement and Damage Control necessities. I don't have to decide------the market will make my choices for me. I prefer Deposit choices but am always open to the thought that donations are the fee to keep my Fishing License. It's not cheap to keep the Fish Ponds stocked.

This dip on Friday to 62.27 is a qualifier for a completed ABC correction on the 60 minute chart. If that's what the market decides is the case, a retest of 63.50-64.00 old support, now resistance should be forthcoming. That's if it don't get bogged down in the 62.30-63.30 range too long. I'm willing to give it a little breathing room and risk giving back 20 cents of Fridays deposit. Damage control set @ 62.25.

I agree with your thoughts on the packers having a lot invested in futures. It looks to me like the Goose that lays the GOLDEN EGG for them. They don't have to make money on the product------they make their profits on the board. When they bid higher----the market goes UP. When they bid lower-----the market goes DOWN. They know when they will make these choices before anyone else(except for their close circle of friends). Why wouldn't they take board positions before they start the Switch Up/Reversal. It doesn't take a Rocket Scientist to recognize and take advantage of that kind of control over market direction. Sure, they have to do it in a controlled and not so obvious manner, so nobody cries foul. Impossible to prove and many will claim its just one of my bigger HALLUCINATIONS. I'm always the first to admit to the HALLUCINATION probability-------but after watching this market for over 20 years------it's the only thing that makes sense for many of the things I've seen happen. My HALLUCINATIONS don't bother me one bit-------cause I've seen too many of them become REALITY. Now BRAIN FOG, that bothers me to no end.

Messages In This Thread

The final Purchase Index for - - -
Re: DH, looks to me like-----
You can also color me - - -
Re: Good to know, I'm not-----
I'm suspecting, ITZ, that the morning reports - -