First off these groovy pictures, of nuke bombs and oil wells- you cut and paste or JPG or whatever the hell you do someone has to tell me HOW! I can't even import a freakin' chart!
Secondly love the tuning Japanesea slant on the market! Until further notice that should be the theme song for 2007-- although "This Is The Day "
by The The has been getting some good play on a new commercial so... THIS IS THE DAY YOUR LIFE WILL SURLY CHANGE...
Well... you didn't wake up this morning
Because you didn't go to bed
You were watching the whites of your eyes
Turn red
The calendar, on your wall, is ticking the days off
The calendar on your wall is ticking
the days off
You've been reading some old letters
You smile and think how much you've changed
All the money in the world
Couldn't bring back those days.
You pull back the curtains, and the sun burns into your eyes,
You watch a plane flying across a clear blue sky.
THIS IS THE DAY -- Your life will surely change.
THIS IS THE DAY -- Your life will surely change.
You could've done anything -- if you'd wanted
And all your friends and family think that you're lucky.
But the side of you they'll never see
Is when you're left alone with the memories
That hold your life together like
Glue
The analysis on this thread is of course perfect. Perfectly wrong. There will be this wave effect but the effect will be in reverse. No we will not go down that much today and compared to a big fall in the east that will tilt the seesaw that way and they will rally tomorrow and we will rally ontop of that and through friday.
Stepping back and reviewing the hourly chart patterns, the 5-day snapback rally which reached a perfect 0.382 Fibonnacci retracement yesterday on the SPX, rolled over with authority, breaking two key levels of support today. It managed to retest that second level late in the session, but backed off again.
A very negative close, very negative technical action.
Right now as it stands the S&P 500 is not far off a retest of the entire pullback lows, and we expect we may see that today, just about the 4 points lower than where it closed. Nasdaq 100 lows are about 11 points below here, which could also be tested early tomorrow.
>> so the facts say lower. The gut says higher. Who will win. Turning Japanesa or This Is the Day?????
Secondly love the tuning Japanesea slant on the market! Until further notice that should be the theme song for 2007-- although "This Is The Day "
by The The has been getting some good play on a new commercial so... THIS IS THE DAY YOUR LIFE WILL SURLY CHANGE...
Well... you didn't wake up this morning
Because you didn't go to bed
You were watching the whites of your eyes
Turn red
The calendar, on your wall, is ticking the days off
The calendar on your wall is ticking
the days off
You've been reading some old letters
You smile and think how much you've changed
All the money in the world
Couldn't bring back those days.
You pull back the curtains, and the sun burns into your eyes,
You watch a plane flying across a clear blue sky.
THIS IS THE DAY -- Your life will surely change.
THIS IS THE DAY -- Your life will surely change.
You could've done anything -- if you'd wanted
And all your friends and family think that you're lucky.
But the side of you they'll never see
Is when you're left alone with the memories
That hold your life together like
Glue
The analysis on this thread is of course perfect. Perfectly wrong. There will be this wave effect but the effect will be in reverse. No we will not go down that much today and compared to a big fall in the east that will tilt the seesaw that way and they will rally tomorrow and we will rally ontop of that and through friday.
Stepping back and reviewing the hourly chart patterns, the 5-day snapback rally which reached a perfect 0.382 Fibonnacci retracement yesterday on the SPX, rolled over with authority, breaking two key levels of support today. It managed to retest that second level late in the session, but backed off again.
A very negative close, very negative technical action.
Right now as it stands the S&P 500 is not far off a retest of the entire pullback lows, and we expect we may see that today, just about the 4 points lower than where it closed. Nasdaq 100 lows are about 11 points below here, which could also be tested early tomorrow.
>> so the facts say lower. The gut says higher. Who will win. Turning Japanesa or This Is the Day?????
