JI
jimkane
Rep: 3,058
Posts: 33,089
Is that 5.50 it?
Originally posted by jimkane
Let's watch 1505-6.25.
JI
jimkane
Rep: 3,058
Posts: 33,089
I doubt the relevant question for me is 'is that it', it's more 'will it go right to new highs again off this area'.
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jimkane
Rep: 3,058
Posts: 33,089
I sure wish it would roll over, but I know it wants 12.50-14.50 real bad. When I say this, I don't mean it has to get there, or that it even has a chance. I say this when I 'sense' the bulls (or bears, if I recall backs years and years and years ago...) have an area and it makes them 'anxious' to not be trading there. They 'want it there'. So it is now. But, they may not get their way. It also doesn't mean it must stop there, only that 'they' are 'uncomfortable' with it not being there. Now, how do I 'know' this? Ah, you got about 42,000 hours, I'll 'splain it to you...
JI
jimkane
Rep: 3,058
Posts: 33,089
It just can't do it. I wonder what will happen on the European open? Is this a clue?
