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And if you get long under 1377 and been paying attention, guess where they will run it back up to before dropping it again.

05-20-08 02:48 PM goodluck with that! --------------------- gwac, you wanna wager?

05-20-08 02:18 PM Nice call on 1441 sgc, you missed the high by 1 tick. They will try to take it to under 1377 first, then back to 1250, then 1200. ---------------------------------------------------------- Watch your shorts when we get under 1377. These boys play a clever chess game...

1377 was 1st target on this short.

HealthMate by Austin Air. I own 2. These were used in all the offices around World Trade Center after 9/11. http://www.austinair.com/healthmate.php

We should see 1300 next week. Maybe we get another rogue trader drop the market 70pts over weekend.

We are going to break down hard today if we don't hold here.

It's over, the next great bull is being built.

Remember when I said they would take it to 1200, take it back up then rip out the hearts of every sucker that believed the rally was for real.

Keep holding short.

If you built your short position above 1420 just hold to 1200.

Nice call on 1441 sgc, you missed the high by 1 tick. They will try to take it to under 1377 first, then back to 1250, then 1200.

I totally agree. Conventional wisdom is for the sheep.

Guess what happened above 1420?

I'll be setting up a virtual Hedge Fund over at Tipping Money shortly that can be followed. Right now I just have some portfolios created.

SGC is my younger brother. He's been in training and learning well how "they" operate in the markets.

"They" are always accumulating and distributing lines on balance. It is the way "they" operate in the markets.

great call sgc, I knew I taught you well.

It's also clear that volente understands the non-linear side of trading. You could learn a lot from that as well.

NakedNote and fearless9 certainly know what they are talking about. When you reach that "aha" moment after you've put in your time and risked it all, it's time to react and capture your magic moment you've been waiting for. All the best. http://www.youtube.com/watch?v=WCkQZOnCN3k