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Now you're asking better questions! Gringo

Niko, I believe it's because of the failure of BO. 3111 to 3113 area was mentioned earlier as possible s/r or a lever where previously price has spent some time. 9:32-40 am also had the high around there. Two or three things were pointed at that level. When BO failed the LOLR became...

Price is refusing to continue down. Earlier it refused to go above 77. The price behavious is such that I am not sure which side has more strength. I would be cautious at this time. Now I don't know whether I am too sharp to read the indecision of price as a sign accurately or too dumb to...

Retracement has been less than 50% so far. The demand is also acting not too strong anymore. 3108 seems to be getting tough for price to climb over. Gringo

Sellers are always waiting but price isn't dropping buddy. Lets see if price falls below 3108 but keep in mind the strength earlier. Gringo

:D :cool: :eek: :cool: :eek: :cool: :eek: :cool: :D Ah! Mind over matter. Gringo

How did you guess non North American Db? Doesn't make any sense, considering it's the first post. Gringo

Are you saying you need SLV to go up another 40% or so before you break even? Gringo

Thou, O Timokrates; Thou shalt maketh me proudeth! Gringo

Db, How did you manage your trade from 9:45 - 10:30 am EST? The lack of RET greater than 50% kept you in all the way or was there some jumping in and out required? Even though it was a straight trend up there were interesting locations where it seemed the demand was fading and then it...

Silver has had a good run. Those who jumped in on the bandwagon are sitting on 17-18% profit. Of course this assumes using the straight SLV ETF. Those in futures and using leveraged instruments might be enjoying even more gains. The point is that this isn't as exciting as intra-day...

This seems to have broken out. I am posting the monthly chart to show the bigger picture. Is it a fake or real BO. That's the fun part about hinges. Gringo

I might have talked the most :) Gringo

Lots of people showed up for a chat today. Market was a bit choppy and tricky so there was ample room for conflicting opinion. Thanks Niko for the initiative. Gringo

Price having trouble going above 3072. Down is higher probability now. Gringo

NQ gives clearer and consistent signals as compared to ES as far as trading with price is concerned. The moves are longer so it's easier to see what's happening whereas ES has more value but shorter moves which makes it a bit tougher to decipher the intent. Gringo

3100 area has been in play for so long that anyone reading this thread would have gotten this trade today had they been watching. It's been mentioned here by many on several occasions and is even in the examples fortydraws and Db have been posting at the end of the day. Gringo

I wanted to clarify that I am not into shorting GOOG even though it's weak. A friend held a reasonable quantity of it and I wanted to have my thoughts cleared and to alert this friend to not become complacent. Gringo

Niko, I have removed the blue box now to give your mind a different perspective. Notice now the break down from the hinge and a retracement back up is now coming to an end. Combine this with NQ weakness or at least a possibility of it. Apart from NQ, S&P which is not even close to its...

Q's are weakening and S&P and other indexes are already not the strongest. What of GOOG? It appears to be weak to me. It's bounce was feeble. Although 860 did give a that feeble bounce I am not so confident about it holding if market continues to weaken. We'll find out soon enough I guess...