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kuwlness

01/19/10 8:28 PM

#10147 RE: ronny19612000 #10146

Longs here should know .01 is not resistance/support. .006 is solid support, .008 is some support. .018 is real resistance. Until we break .018, we will continue to bounce between .008 (or possibly .006) and .018. Even if we crack the .014ish resistance, it's not likely going to be support.

We break .018, and we have solid support under us. Until then, expect the range to be filled with very smart traders taking full advantage of the volatility.