I will start a topic for this week.

Meanwhile, this low at 10.50 is my '11-12' area, and now it has a higher low, so it probably will rocket up (although it seems way weaker than it should be if this area was important to it).

1594.50 by the close is my dream...

1-min bearish ABCD. Big whup.

Hey, can anyone tell I'm grouchy today?

Just collapse and give me my dream...

Originally posted by jimkane

1594.50 by the close is my dream...

And yes, I thought the 11-12 area should be bought, in case... The biggest risk? If it does give me my dream. I just don't see it. I don't see the manipulators giving it up at such a critical juncture, that easily. But, this can't get any traction, so I'm not so sure the sellers are done.

I'm more concerned with what it does with 15-17 now, if it can even get there. This bounce here, though, reduces the chances for any big sell into the close. And, since this is quite an area, it may just head to new highs for the move. Who knows with these knuckleheads.

Okay, now we see. We see if this long idea is going to be a 'big' winner or not, and if the sellers are toast or not (and hence getting off that awesome short was 'stupid' or not). Showtime.

Actually what I said there isn't really representative of my viewpoint. Getting off the short side was the right thing to do regardless, and unless I was playing for a longer play than my favorite 'intraday swing trade' style, that play was done, and no way I'd sit through a bounce this big.

Will they game this obvious overhead TL? I don't see how they can't. But, once in awhile they do the obvious so the suckers keep the faith.

Yeah, they planned it well.

Originally posted by rat89

So cool....163.08 into the close for a 1.27 dbs