I added the set shown on Friday by Roofer to my DJIA chart. Doesn't this combination look interesting?

away from the snp, the computers are humming along capturing swings based on jim's pound the table numbers.. the wonder of it all

Very cool, roofer. Not sure the significance of the bristlecone pine, to symbolize the wonder of it all?

Originally posted by jimkane

AAPL has an offset line here for that set. This is a super-critical spot here for both.

Originally posted by jimkane

ES throws a 4PT here, and AAPL explodes to a new high, again. This thing is strong. I suspect we see at least 1110-12 tomorrow. AAPL 206?

So, here's how it played out so far. Instead of just rocketing up, it did the more typical scenario I show my students time after time. Do a workup on this, seriously. That offset line (which was also a sliding parallel) was hit the next day, and it pulled back in a classic 'W2' ABCD, right to the area most commonly used. Then the 'W3' took off in earnest. AAPL hit 209.35 today, another all-time new high for the stock. Just look at that pattern this started from! With the classic 'W2' pullback. The only surprise to me would have been if it didn't do what it did.

I see the new forum doesn't show the time stamp for quoted posts. They are on this page, with original time stamp, for use in recreating the work.

http://www.mypivots.com/Board/Topic/5210/4/trading-discussion-week-12-07-09-11

AAPL a few pennies short of 214 today. Smokin' at all-time new highs. GOOG a penny shy of 626, also just exploding to new highs for the 'bull'.

Also setting new highs today for the entire 'bull': Mid-caps, Russell, NDX, NASDAQ Composite, and the SOX Index.