too tired to explain.. charts will have to do..... a whole kane book could be written about the geometry of GLD this week alone....pay close attention to the geometry across all the stocks at my favorite trading time 11am......each in their own way was a sell....note the strange thing i was forced by the geometry to do in fcx mid day... i had to go long against my short positions....

in 2001-2, i watched the work of tim morge at the height of his teaching powers.... during that time, he stressed the crucial aspect of gaps for drawing medianline sets... it was that stressing of gaps that led me to investigate and come up with gap fib and made it the logical first choice to look for the tell in .886 trading...i do not know what he does now.

it was that respect for gap sets that made me post at 13;15 yesterday that i was covering half my positions based on the chart of the gdx.chart