I have nothing to say, but I'll kick off the week's thread

awesome....

Okay, I decided to have mercy on everyone, and keep my longer economic posts out of the trading thread. But, please, so that I don't think I'm spending all this time in vain, at least go here and read it. Thanks.

http://www.mypivots.com/board/topic/7712/1/economic-please-read-post

For tomorrow, let me just make one quick comment. Many times, I have observed, the day after a Fed day there can be quite a move, either up or down, but usually one or the other (in other words, more of a 'trend day'). If I recall correctly, this move is usually precipitated by an initial move on the Fed day. By that I mean the move starts on the Fed day, and continues the next. This is my 'lately' theory. Awhile back I had the theory about 'the first move on Fed day is almost always 'wrong' '. So, I'd expect tomorrow to have some serious movement. But, does it apply when the Fed day is so dead? I don't know, I don't have enough data. Just some thoughts.

As far as areas, the high was dead on the best 'W2' area. The next level up I mentioned, 65.25-66.75 (center of area). The low end? The now famous '10-12'. We shall see. I can't wait, I think tomorrow should be quite exciting. I hope it is.

Let me add, there are levels on the way down to that '10-12' (which, BTW, may rise slightly because of how long it is taking), I'm just discussing 'the big one' at 10-12 here. Do the work to find the others, they are very clear.

roofer nails it

Originally posted by rat89

roofer nails it

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Sweet!

Al Kamego

Bah-dah-dum, the Vegas rimshot drummer goes. (And yes I know it is commonly called a rimshot but technically it isn't at all...)