On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

I will tell you a crazy story. I swear it is true. I actually have a Ty Piggie (his name is 'Ty Piggie', well, my name for him), and he overlooks me in my trading office. Really, seriously. If I didn't have image posting issues I would snap a shot of him and post it. He doesn't like it when I scream 'Die, pig, die!'

Originally posted by rat89

Click image for original size

Here's the kind he is (it's not my one, just a net image):





Source: http://tycollector.com/pluffies/corkscrew-3231.htm

The one rat shown looks more like a dying pig.

Yes, exactly. Mine is a pet, I wouldn't want him to bite the dust. But I'm afeared no piggies will die today...

Like every countertrend so far, a few points are there to be had, but not too much more. I think it's not unrealistic to let some of this ride to see if it weakens, but it's not acting right for it at all. So, the upper area's siren song gets louder. Hopefully it will succumb, and once it does there isn't much below. The up moves are the 'easy money', but once it hits an area and the countertrend is taken, it's been a tough slog.

Yeah, rat's piggy does look like he's had the sh%# kicked out of him.

I want to say it sooooooo bad...

I can't help it now:

Die, pig, die!!!

Watch the LOD very carefully.

I have to admit, this forum is unlike any forum out there, ever. And I mean it in more ways than one. One one hand, I think we are the best small crew out there. There is no place that is all over it like we are, in my opinion. The level of the tools and the work. On the other hand, I'm probably the goofiest forum director on the planet. There is no place I can imagine that has so much 'humor' as we do. This would be considered so 'unprofessional' in a paid forum. It's a good thing this one is free.

It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!