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Re: photog321 post# 28315

Wednesday, 05/26/2010 9:36:04 PM

Wednesday, May 26, 2010 9:36:04 PM

Post# of 55140
just wanted to say theres little to show on charts with the volume / pps / indicator stagnation we have had for a while now. other than the short burst on monday that is. but we have held the blue and green support lines i mentioned upon close while staying above the lower light blue line on intraday dips, which have been rising. so all is on course form my last post, nothing new to report.

but as alamo said, and in my last chart, i have been predicting first week of june for oh about 3 weeks now. i can post another chart this week but i doubt it will look much different than the last one.
ill update it at eow. though i will say that i, and i though many here, have not been playing this for the ebb and flow every 2 months. plus the fact that we recently fell out of that old channel... which is not to say we will not regain it or start a new one. history does tend to repeat. but that old channel was the upper dark blue line and the light blue line above it with peaks running to the upper light blue and green short term channels on my chart, well here it is: and link to last annotations:
just to note there is another green line in between i did not draw. so if we ran tomorrow, or tuesday about the same, id expect a peak around right above the first light blue line or so. be real nice to hold that channel and move the upper blue line to the top of the last peak, that is the short term goal. then i would have to draw yet another light blue to show the break outs from that channel on the every other month runs.

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