Starting it off.

Like I suspected, no way is that Pound going to close under 1.47 on the year. So close, but yet a million miles away. It's amazing how just this small amount that it may close above 1.47 can indicate a substantially different fate for the currency. Or, should I say, a different timeline on the same fate, perhaps. At least this is the world, according to Armstrong (as far as I understand it).

Everyone in here should read this. Yeah, I know this is a trading thread, but this is about business, and we mostly trade American businesses. I can think of at least one person in here this may directly (or close to directly) impact. Our country has gone completely mad.

http://market-ticker.org/akcs-www?post=230998

will the bears blink again?

Something is going to happen, that's for sure. That coil is building up some serious pent up energy...

Okay, something is happening here that I'm really liking...

It starts with 'sw', and ends with 'sh', and has a whole bunch of o's in the middle.

Let's see if they quicky climaxed it at 53.50 (like I suspect, maybe even a 'make it all right back' coming), or if this is the start of something serious.

Another leg into the close? If so, I can say I've only seen that a few times in scenarios like this since the manipulations began ('09). I'm not feeling it, but I sure would like to see it.

Give it to me, baby. Be the exception. You can do it!

So, we have the decisive break below the lower line with that move. My guess? That's the fake. I hope it's a genuine 'break down', but I think the odds are much lower that that's the case.

Originally posted by rat89

will the bears blink again?

Click image for original size

And, indeed, that was it.

Originally posted by jimkane

That's realistically all I would expect right there.