Just over 21 hours and change... I can't wait.

As it is written, so shall it be... 27.75 draws the reaction. But, is it done in here? I don't see how. It's a strong level, but they really want this thing.

Posted-06/26/2012 : 03:29:59

Originally posted by jimkane

Here are my levels on the upside:

18-19

22.75-23.50

27.00-30.50 (hard to pin this one down any better this early on)...

Originally posted by jimkane

Sure, it's going to butt its head up against this area this many times and fail to break through. Yeah, right.

I just noticed this. Thanks. Yeah, it does seem to go to the areas I post. Notice, too, I rarely post levels both up and down, I tend to post either upside levels or downside levels. If it usually moves to one of my levels that implies I am also pointing out the direction of the market at that time. Anyone notice that?

Originally posted by albert

...Price went right up to the area you said. Simply amazing!

Al Kamego

I've got a nice area around 18.00-.50. I'm not sure this is going down any more from this 23.00 (22.00-23.00, center of area), but if it did, I'll be very closely watching that 18.00-.50.

Carl says we are headed way up. 1460. Hmmmm, I'm just not sure how to reconcile all this with the election plan. Just up from here all the way to November? New all-time highs for all the indices? I guess that's possible. Just seems like to reelect O'Bummer they'd have to scare everyone, and then offer them a solution. I guess that's not the plan after all...

http://carlfutia.blogspot.com/2012/06/headed-up_27.html

Time for them to come in and run it up some more...

An interesting viewpoint.

http://www.zerohedge.com/news/what-do-stocks-know-gold-treasuries-and-usd-dont-again

Another point of view:

http://slopeofhope.com/2012/06/the-changeling.html#more

Originally posted by jimkane

Carl says we are headed way up. 1460. Hmmmm, I'm just not sure how to reconcile all this with the election plan. Just up from here all the way to November? New all-time highs for all the indices? I guess that's possible. Just seems like to reelect O'Bummer they'd have to scare everyone, and then offer them a solution. I guess that's not the plan after all...

http://carlfutia.blogspot.com/2012/06/headed-up_27.html

I will be watching 25.50-25.50 on the way up here, but I think it wants to blow that HOD area out to the upside. That may be just another push deeper into the area, or it may just start smokin' up. I'd prefer it to drop to at least that next lower level, but I think the slippery eels are in control right now. C'mon, .447 and more downside...

That 22.00-23.00 on the downside sure has been a brick wall. Wow.

It is sooooo ready to explode to the upside...