So, although I see almost no chance (okay, perhaps one in a million) that this will open anything but up, and then rush up even more, I'm watching 1233-34 if this 1240-41 (Friday's low was 1242, close enough given that 40-41 is the center of the area, not the entire area) doesn't turn it. Like I said, though, it's Sunday night, so it should gap up and run, right?

One scenario is they bring it down a bit more, and then QE3 is announced, along with more Euro bailouts, and then we start Carl's march well into the 1300's, and then beyond. I think they will print until the collapse, as I've always said, and printing almost always leads to higher asset prices. (The value usually declines in reality, but the 'repricing' in devalued dollars has a higher number, like when Zimbabwe went into hyperinflation and in Zimbabwe dollar terms their stock market was the highest performing in the world (from a percentage standpoint)).

So, I think it is just a matter of does it go straight up from here, or do they bring it in a little first before all the additional intervention drives it higher. They may also bring it up a bit, and then down into the early AM, to get better prices, and then up tomorrow. I've mentioned that game in here frequently, too.

Got gold???

It would be curious if this DT ABCD that hit 63.75 was all it could do, and up it went. 'Normally' I wouldn't see that as a high probability event, but 'nowadays' you never can tell... Tank, you oinker.

yep,if price can not react off this geometry, with at the same time endless stocks at key resistance on 60 min and daily.....

12796 on gap at geo

yup, if it can't do it, then something else is up

I'm still wondering if this is the setup that would set up a move up into that .886 at 12793 spy

rat... why the schiff instead of mod schiff....

roofer....good question..it may be erroneous on my part....i was working off the first high and didn't adjust..sorry, and thanks for pointing it out

??

Kane 4 PCP completing at 0.300 fibo and Kane PLF.

Al Kamego

Small Kane TD ABCD completing at 0.382 fibo.

Al Kamego

And, drum roll please... right into the after-market close they hit... wait for it... oh, the suspense... 54.75. How did he know this? How??? Get serious, how is this possible?

Originally posted by jimkane

Now 54 and change in the after-market???