The question is: was this already it, 1 day and 9 points away from our perfect 'symmetrical' target or yet it needs to reach the 1.000 ABCD regardless of the time factor:





This 3D at spike line might suggest the former, but if it breaks to the upside it might break the whole ABCD as well and go up, up and away as per Jim's scenario

Oh, please, oh, please, oh, please Flash Crash.

Bulls need to react here before it gets out of hand:

Odds-wise, that should be it for now right there, I think. I hope not, though...

Darn, you beat me by a mile on that one. I didn't see your post when I did mine. I need to go back to work in the department of redundancy department.

Okay, a little roll over there, will it just be a small Game Zone test?

I'm really, really, really hoping gold can drop to the 1240-1260 area. I'd be thrilled if it went way below that, but with QE2 imminent, I can't even see 1240-1260... On the other hand, with those Euro and DX ABCD's, a short-covering rally in the DX may be about to kick off, bringing gold right into the area.

Originally posted by jimkane

...I need to go back to work in the department of redundancy department.

Originally posted by jimkane

... but with QE2 imminent...

Still a lot of time left to scare as many bulls as possible before the Nov 2 meeting

Pretty amazing, the sellers just stopped, dead on my area, and it just sits and does absolutely zero. Crazy.

Ex-aaaaacccccccttttt-lllllyyyy.

Originally posted by jarek

Originally posted by jimkane

... but with QE2 imminent...

Still a lot of time left to scare as many bulls as possible before the Nov 2 meeting

Too frickin' funny

Originally posted by jarek

Yep - very interesting finish to what looked like yet another day from "Reminiscences of a Grilled Bear"