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Apparently nobody is reading this stuff, so I'll just point out that the lower limit of this channel is now around 4035. Those who know what that means will make some money. Those who don't have some reading to do.

I made a post to your previous journal which I'm sure you'll notice. As to this one, only one comment for now: don't try to force the trend channel thing. Sometimes it's obvious, and prices just fall into it. But if they don't, then the dynamic of the channel -- the limits and the median -- are...

I thought you might. This is the sort of thing that happens when one stops long enough to characterize his market. And it saves tons of money, not to mention time. You noted that there are an extraordinary number of hinges in any given day. Since a "hinge" is formed when traders are seeking...

Actually, they're predictable as well, at least within the framework of Auction Market Theory.

Not again. Sorry. :)

They're not random in the NQ, but perhaps you trade something else.

50pts down and 30pts (so far) back up again.

And back to 4200.

Which is why the right doesn't dare touch Social Security.

Righties don't die; they melt. Just throw water on them.

Or tsunami. ;)

Sort of like shooting fish in a barrel today, but we're nearing the median (4170) again.

Well, a hundred years ago, the Dow was around 60. Now it's at 17,370. Sure looks like a trend to me. :)

Sort of like anti-abortion laws . . .

JACKSONVILLE, Fla., Jan 27 (Reuters) - A Florida woman who says she fired a warning shot at her abusive husband was released from a Jacksonville jail on Tuesday under a plea deal that capped her sentence to the three years she had already served. Marissa Alexander, 34, was initially sentenced...

An Albuquerque program that has moved hundreds of homeless people into homes could go statewide. "Heading Home Albuquerque" provides a steady place to live and keeps homeless people out of jail, out of the emergency rooms, and getting treatment for alcohol and drug problems. Mayor Richard...

Interesting that one of the better short entries took place last night at exactly the same level as the one yesterday morning (4232). People overseas must be doing extremely well. At the moment, we're testing yesterday evening's swing low at 4200, which is exactly where yesterday's "opening"...

And vice-versa.

Former Alaska Gov. Sarah Palin (R) has helped raise so much money for a pro-Hillary Clinton super PAC that she qualifies to co-chair the group's national finance council. The group, Ready For Hillary, used comments about Clinton that Palin made over the weekend in Iowa to raise more than...

Whether one looks at the smaller TC or the larger, the direction is down. Price may reverse at the lower limit of the smaller channel, at the moment 98.5, and travel back to the upper limit before reversing again and testing the lower limit of the longer-term channel, at the moment 97.5. In any...