Okay, crew, let's kick some buttkowski this week.

For those that watch tick charts and 1-min charts, that was an absolutely suh-weet trap for bears right there. Amazing.

3 sets of .618 all in sync.....if they mean to take it up they are good....if they mean to take it down they are too funny

The odds, to me, likely favor another run at new highs. Which is too bad, since so much could happen around 1490... But, I find, many, if not most, technically 'cool' areas are never reached. They tend to avoid them like the plague. Probably because they are dangerous and could lead to downside. Just my two cents.

Ex-aaaaaaaaaaaaaaaaaaaact-ly.

Originally posted by rat89

3 sets of .618 all in sync.....if they mean to take it up they are good....if they mean to take it down they are too funny

I'd love for that snap up trap to be just that, a trap, and now we head to 1490. I can only dream...

But, alas, I have to just ease on up into accepting that they want to take it up...

Watch here from 6.00-7.50, but I don't know why I'm even saying that. It wants the new high. It wants it now. Blah, blah, blah.

Dump, you oinking piggy.

and they go for the .685

What I'm trying to convey is I strongly suspect they want the new highs, and soon. That's the obvious play. I want them to test 1490 now, and see how it handles it. I'd like some downside. I'd like to see how they handle certain things. I'd like a balanced market. I'd like the things this may give me, as far as potential trading opportunities, if it tests 1490. And I'm extremely frustrated, as I have been since Mar '09, because of the above, all I'm going to get is the new highs, I think... As usual...

another pretty picture with the .618's in sync......

for some reason suddenly this song popped into my head "tell me, tell me, tell me the answer, you may be a lover but you ain't no dancer....look out"

why?

Good Stuff jim thanks for posting!!