FF from Feb 28

Here's my wildest speculation --for pure entertainment purposes; 2 days of doji with a gap fill at 1285 to satisfy Hoover sucking down there, a bounce to 1330-1335, just for the sake of the monthly pattern! a sell off to the futures lows from the same week at 1260, AB = CD satisfied... a sharp rally to new highs just before the world ends!

Here's my wildest speculation --for pure entertainment purposes;

2 days of doji with a gap fill at 1285 to satisfy Hoover sucking down there,
a bounce to 1330-1335, just for the sake of the monthly pattern!
a sell off to the futures lows from the same week at 1260, AB = CD satisfied...
a sharp rally to new highs just before the world ends!

Yeh, yeh, the world is going to end..... boy don't we collectively ....... Sometimes it's just no fun to pretend to see the future.

Well jjc, it is called speculation and the only thing fun about trading, of course not the part you commit your funds and turn out wrong... This action reminds me of January 2010, if so, the cycle low will come in March within 3 wks and early... The week of March 14-18th would be the date for the lows... Some wild speculation for now...

Edited by arbman, 23 February 2011 - 07:25 PM.