guess I'll start ;)
there is a sea of fibs in the area we touched on thursday....will they snap it back up for the real hit or was that the trigger in disguise?
.768 / 1.128 right there at the high
JI
jimkane
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If the bulls are going to come back in, this is a place where they better do it. I hope they get crushed.
JI
jimkane
Rep: 3,058
Posts: 33,089
This is the low end of the area for the bulls. Last chance for the last chance.
JI
jimkane
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Posts: 33,089
Nice spike down with volume. I hope the area fails miserably, but the bulls are all set up right now. All they have to do is perform. Good luck, bulls.
JI
jimkane
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Posts: 33,089
Those bulls sure are trying. They find it a pretty hard row to hoe when they don't have trillions in free money coming in by the wheelbarrow full. On their own 'they got zero'.
'Father, why hast thou forsaken me?' the PD's say to the FED.
'Father, why hast thou forsaken me?' the PD's say to the FED.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, another day goes into the record books, with what I consider to be absolutely fantastic price movement. Wow, if they could all be like this. And the bulls did come in off the area, so everything is as it should be, in this, the best of all possible worlds.
AL
albert
Rep: 99
Posts: 3,094
Huh? Grasshopper, I have no claim to the 0.886 fibo. Jim Kane quantified the 0.886 fibo a long time ago, and we have benefited from that. I just try to apply these tools that the master traders have given us, to the best of my ability.
Good Trading to all,
Al Kamego
Good Trading to all,
Al Kamego
RA
rat89
Rep: 0
Posts: 7,015
morning....I didn't say you invented it silly....but you called it yesterday! I saw it coming, but I have to say I was thrown off by the way price reacted to it.....they are good ;)
Originally posted by albert
Huh? Grasshopper, I have no claim to the 0.886 fibo. Jim Kane quantified the 0.886 fibo a long time ago, and we have benefited from that. I just try to apply these tools that the master traders have given us, to the best of my ability.
Good Trading to all,
Al Kamego





