So we are in advance, which statistically happens once in a decade and there are some lines in the current area, but who said, we can't go for something even bigger than that this time around?



Somewhere in the coming week I'll disappear for more than 2 weeks for my first holidays this year, so you'll have a chance to rest from me for some time

But it seems like gravity is working against them, no matter what they want...

And in they come, right off the lines...

ches - dont worry ... you have seen most before....just not all grouped together....

It will be in the KT public area, ches.

And, as expected, my sarcastic view wins the day with these maniacs, once again. They made it all back (and did it right off that critical multiple line area...). The bears had a golden opportunity to kill this, and they did nothing. That tells me this isn't ready to go down yet. Red alert.

Originally posted by jimkane

And yes, I was being a bit sarcastic commenting that the market will likely make it back quickly, since that is what it seems to do. The worse the news, the more it ramps.

Originally posted by jimkane

Ah, Moody's just cut Portugal's ratings. Like the market cares... So, it will probably make that little sell-off back quickly.

We had to sit through the 'Portugal shakeout' first, but now let's see...

Originally posted by jimkane

Here they come, new highs for the move coming soon, I think.

If this gets going my next area is 40-41.50.

Watch the obvious 15-min downsloping TL right here, and if it takes that out, expect a 'squirt effect'.

Any second now...

It sure 'sees' that line. But it is sooooo obvious.

I do have to say, as much as I like other work by this author, many commenters called into question if his research was accurate. Perhaps it is not. Nonetheless, that was one heck of a government manipulated ramp, I'll say that.