Chelsea Oil and Gas Ltd. (fka COGLF)

[investorpaul]

Haha that's what I'm thinking... What good are technical indicators that lead you to believe a stock's direction is about to change, and the underlying completely ignores the indicator and continues making it's own path... I remember AlgoDoc said in one of his early audios that this is the reason why he doesn't have any faith in charts, only algo levels. If you examine everything he's stated he does make a very good point. They can take it up as easily as they bring it down. I do agree, the algo level on SPY is getting close to Dr B's extreme of 75. I think Nasdq is very close. 2 days ago he said Nasdq was at 71 and SPY was 68, so it has to be ready to short soon.