I will start it off.

and after sending it down hard off the area, the bounce ended at the .447 just now....for now...

Nice work, crew. All I knew was, it was going down.

The flipper flipped this AM, as predicted, and then the market dropped 23.75 points. Everything is as it should be.

They really want to make it all back in one shot, but time is running out. Will they do it in the after-cash? In the early aftermarket? In the European session? Or will it put in a lower high and 'fail'? These are great questions. If I knew the answers I wouldn't be here, I'd be on my own island. Since I don't know, and can never know, the answers to such questions, I'm left to ponder scenarios, assess probabilities and setups, and be confined to being a lowly trader (as opposed to a wildly successful (in terms of number of subscribers) analyst/predictor).

BTW, as I started typing that they popped it hard. We'll see. Too bad they don't have another hour...

It's totally reading like that's it. That has me thinking here...

Okay, watch what it does in the after-cash.

Oops, brain fade on my part. I knew it was Friday, I was even going to post that there is no way I would fight a run into the close on a Friday when they dropped it hard and were in make it back mode. Yet I posted this. As is my habit, instead of sneaking behind the scenes and editing this out, like I've seen many blog posters do, I'd rather own up publicly to having 'gotten confused' for a moment. Anyway, it leaves something obvious for Sunday night. But, alas, a lot of geopolitical things can happen over the weekend, so we have to see how that plays out.

Originally posted by jimkane

They really want to make it all back in one shot, but time is running out. Will they do it in the after-cash? In the early aftermarket? In the European session? Or will it put in a lower high and 'fail'? These are great questions. If I knew the answers I wouldn't be here, I'd be on my own island. Since I don't know, and can never know, the answers to such questions, I'm left to ponder scenarios, assess probabilities and setups, and be confined to being a lowly trader (as opposed to a wildly successful (in terms of number of subscribers) analyst/predictor).

Here's a good overview of the same old, same old, as I've been saying all along. When TSHTF it is really going to be something.

http://market-ticker.org/akcs-www?post=229300