So far I think this is working well.

Wanted to post this. Sweet ABCD at line before it dumped.

this ABCD right here will tell us something

back to the Pivot

they really want it bad :)

so 5 waves up and a dump or more upside?

quote:

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Originally posted by mreiserer

It says: " the staff's projections for real GDP in the second half of 2009 and in 2010 were revised down, with real GDP expected to flatten out gradually over the second half of this year and then to expand slowly next year"

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Yes, I was going to post that. Another 'first out' incorrect post by our favorite show. They said they went negative on their forecast for '09 and '10, and should have said they revised their estimates down. They try to post things super-fast, and they are frequently incorrect, it seems.

this is the "glad-the-news-is-over-with-let's-ignore-the-contents" phase.

got a big spot circa 820-21

Well, having them come in at that super-super critical 810 stop area with nothing below but air tells me the manipulators are still protecting this thing. The other interesting thing is I follow this one room where someone describes a squawk box, and the biggest player in the pit, who comes in here and there and hits it big. He came in as this was dropping towards the area, hit it hard on the short side, and stopped and started to cover as it hit the lows. He drove it down, but stopped before taking it under. Interesting, huh? Came in, made a boatload of money, then stopped before the 810 stops, which would have been very lucrative for him. And then it starts up and is looking like it may go to new highs. Not a coincidence, but a huge clue. Also, the VIX barely moved on the drop.

yup, interesting. Something's up or they're just buying time.

they always see my areas :)