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MarcinO
Rep: 67
Posts: 5,506
I'll start with the Cable. The correction may be done here but 3Ds into 1.6010 is my the most preferable scenario.

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If this area doesn't hold, 1.6040 with EXP ABCD is next.

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6b 2014 11 02 2 png
JI
jimkane
Rep: 3,058
Posts: 33,089
As usual, 'they' knew it was in trouble and 'they' came right in. Been there, done that. Seen it a zillion times before. Uncanny how I can spot that, huh?
JI
jimkane
Rep: 3,058
Posts: 33,089
In case it sounds like I said 'It's going up or it's going down, see, I told you so', let me explain. It hits the critical area, and a swoosh was going to happen if 'they' didn't come in. They kept grinding it down, pushing on it. It looked like any second it was going to give way, and they just kept grinding. It was hanging on to the cliff by the tips of it's fingers. I finally figured 'they' just wouldn't show up. 'They' finally convinced me they would let it go. Mission accomplished, and 'they' came right in. This behavior we have seen and discussed in here ad nauseam. They just didn't do it until they convinced everyone, including me, it was hopeless. Fortunately I understand this and make very few decisions based on how they try to make me feel, and I try to use that to my advantage when I strategize.
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jimkane
Rep: 3,058
Posts: 33,089
Watch in here, because this is the first area that may be trouble for it.
MA
MarcinO
Rep: 67
Posts: 5,506
At 20 (EST) and then at 1 - same priceflow was tested that gave the idea of ABCD completing at 2008.
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MarcinO
Rep: 67
Posts: 5,506
The Euro.
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MA
MarcinO
Rep: 67
Posts: 5,506
Swoosh
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, interesting price flow.

Originally posted by MarcinO

At 20 (EST) and then at 1 - same priceflow was tested that gave the idea of ABCD completing at 2008.
JI
jimkane
Rep: 3,058
Posts: 33,089
And it was. Crazy how I can pick the spots off like that. It's not even so much my technical skills as it is knowing how they think, I believe.

Originally posted by jimkane

Watch in here, because this is the first area that may be trouble for it.
MA
MarcinO
Rep: 67
Posts: 5,506
Right. Something one needs to learn for years.
Originally posted by jimkane

And it was. Crazy how I can pick the spots off like that. It's not even so much my technical skills as it is knowing how they think, I believe.

Originally posted by jimkane

Watch in here, because this is the first area that may be trouble for it.

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MarcinO
Rep: 67
Posts: 5,506
Aussie
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jimkane
Rep: 3,058
Posts: 33,089
We are so brainwashed in this country, we are conditioned to believe we are doing great, better than everyone else, so lucky to be AmeriKan (and most agree, following along with O'Bummer's quips about the USA's exceptionalism). But here's some facts:

"The Upper Middle Class of America Owns a Smaller Percentage of Wealth Than the Corresponding Groups in All Major Nations Except Russia and Indonesia."

and

"America’s bottom half compares even less favorably to the world: dead last, with just 1.3 percent of national wealth. Only Russia comes close to that dismal share, at 1.9 percent. The bottom half in all other nations own 2.6 to 10.2 percent of the wealth."

That doesn't even sound remotely exceptional, or even remotely 'good'.

How about this:

"Just 47 Wealthy Americans Own More Than Half of the US Population. Oxfam reported that just 85 people own as much as half the world."

And to finish, we hear all the time about how brutal it is in Greece. The stories are chilling. Youth unemployment, businesses closing left and right, endless stories about former middle class families (entire families) living in cars, and so on. So, with that context, how about this one:

"Oh, and if you’re wondering how the American middle class ranks in the latest data, it improved two spots to #25. Just behind Greece."

But still all us AmeriKans keep thinking we have it so good, relatively, and we keep the system going for the elite. Nice job, AmeriKans. Your exceptional all right, exceptional suckers, exceptional sheep.

Source: http://www.zerohedge.com/news/2014-11-07/american-middle-class-wealth-worse-every-nation-russia-indonesia