Starting it off.

Over the TL. If they can hold it, it's free to run to, well, basically wherever it wants. That might be a big if.

I should have posted a note before I quit last night, because this wound up doing exactly what I was thinking. There is still something to be learned by me describing it, but it doesn't have the impact of a before the fact post. I was thinking, as good as that long was going, that they'd want better prices in the AM. And they'd want to sweep the recent low. This is a common 'pattern' they do. Recall how we just saw a DT ABCD? Well, that would fit the bill nicely here to accomplish what I described. And lo and behold they did the CD leg into the AM, and mission accomplished. The question now is, at this critical point, can they sustain? So far this has followed a very similar course as the last correction, and now it's getting time to 'get going'. But, they could do a couple more up and down swings first if they really wanted, then blast off. With three strong drives already on the higher timeframe, as discussed before, though, it's not a given.

And there's the short side trigger. But what is the reason they'd sell into a Friday close? I really can't think of one.

At least they finally cracked down on CYNC today. Notice that when the banksters and goob-er-mint do it, a hundred time more blatant and for hundreds of times more money, nothing happens, ever. But when Joe Blow tries the same thing, they crack right down on him. Of course. He's not in 'The Club'.

http://www.zerohedge.com/news/2014-07-11/sec-finally-gets-involved-cynk-one-short-has-big-problem

I'm keeping an eye on around 58.50-.75, if they don't come in at this first area right here.

Looks like the first area held. I'd love to see it roll now to the lower area in an ABCD, trapping everyone. But, most likely they'll just gun it from here.

I hadn't seen this article when I posted how I thought CYNK was similar to the entire market. They compare it in terms of liquidity and pumping up on no volume, I compared it based on the concept of pumping to rip people off and how CYNC and the market are the same pump and dump on no volume, only that 'little guys' go to prison and 'big boys' don't.

http://www.zerohedge.com/news/2014-07-11/how-market-cynk-which-was-just-halted

Okay, now roll to the lower area. Give it to me, baby.

The problem is, given the time of day and all that, if it did roll down to the next area on an ABCD, I don't think they'd have enough momentum to gun it up. At best I'd think it might chop. So, they really can't let it down from here and run it, I don't think.

So, this is what recovery looks like in 'exceptional' AmeriKa? 2008 was the 'wave 1' (crisis-wise), and I have less than zero doubt 'Wave 3' is going to be quite an extended wave, not one of those 1.618 multiples of 'Wave 1' (again, in severity of crisis, not stock market values). I've been saying for a long time now "America is gone". Now I see I'm not the only one. The whole planet is gone.

If any written history survives (something I'm not so sure about), they will look back at this period, of when we were in the eye of the storm, a storm that gained a tremendous amount of strength while we were in the eye, and muse about how no population in history has ever deluded themselves this much (not just the U.S, but the world, as I see Europe being a bit worse off than we are (yes, I think, mathematically, that's the case), and Japan and China as complete jokes). They will wonder how we could even do this, pretend we are fine when the world was burning around us (normalcy bias to the umpteenth power), waste the only chance we had to salvage something, and we just sat back, let the power-mongers make it a lot worse, loot us fully and completely.

But, I've come to conclude it just has to play out this way. Something worse then WWII and all that suffering just is in the cards, it has to happen. It has to, because we didn't do anything to stop the groundwork from being laid over the decades. Bye, Bye, AmeriKa, and world. Bye-Bye.

http://www.theburningplatform.com/2014/07/10/shock-report-70-million-people-would-be-starving-in-the-streets-without-government-welfare-programs/