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JI
jimkane
Rep: 3,058
Posts: 33,089
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, it had a chance to go down, and they laughed at it, so let's see if they take it up...
MA
MarcinO
Rep: 67
Posts: 5,506
ABCD to TL

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es 2013 11 08 png
RA
rat89
Rep: 0
Posts: 7,015
there is always someone laughing at the turns


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screen shot 2013 11 08 at 8 04 49 am png


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screen shot 2013 11 08 at 8 14 25 am png
MA
MarcinO
Rep: 67
Posts: 5,506
DT?

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es 2013 11 08 2 png
RA
rat89
Rep: 0
Posts: 7,015
??
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screen shot 2013 11 08 at 11 03 15 am png



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screen shot 2013 11 08 at 11 29 22 am png
RA
rat89
Rep: 0
Posts: 7,015
interesting reaction just now where the .618 meets the .447


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screen shot 2013 11 08 at 11 43 55 am png
JI
jimkane
Rep: 3,058
Posts: 33,089
Wednesday close was 65.50. The 'pop' was in the premarket. I said I thought they'd try to make the entire drop back in one day. HOD so far is 62.75, and it may not be done (I think it will hit that level and more today). Give or take, I'd say they did it. And from a new low for the move.
JI
jimkane
Rep: 3,058
Posts: 33,089
Careful, here, though, this isn't acting right.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's acting totally done here, but it sure looks obvious.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, break the TL, form the ABCD, and then right back up, after making it look like it's going to collapse?
JI
jimkane
Rep: 3,058
Posts: 33,089
This might sum up trading since '09 as good as anything I have seen. I recall in '99 when I ran into my plumber and he told me he just folded his plumbing business and was now trading full-time. Looking at some of what I am seeing on YouTube I think we are getting there.



Source: http://slopeofhope.com/socialtrade/