Well, there's a slight chance they can still pull this out, I do not underestimate these guys... they seem to have all the stuff they need to engineer whatever they want... gobs of cash, powerful computers, the ability to shut down trading. Leverage. After all they are operating off the profits of all that bogus paper they peddled around the World... Basically, we only have a slight diversion in this tentative channel that leads to a new high by 8/20 (the recovery channel) of course I am betting we're going to fall right through the ice here and right back into the doomsday channel under 2521. But the way they closed it just under the Fib (2557) was "cute". So if you just have to buy, you can buy at the Fib Cross (if we go that high tomorrow) and set a stop at today's low, High potential reward low risk long entry for crazies..
This is NOT Trading Advice... This is pure BULL BAIT. BITE AT YOUR OWN RISK....
WARNING: Today we broke the all time volume low on higher volume... Quality of volume DOWN.
Edited by SemiBizz, 09 August 2007 - 08:57 PM.