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koondog

09/16/10 10:17 AM

#419 RE: 2bit-nothing #417

you might be right 2 bit, but so far we been allowed to make $$ playing this trading range from 1040 to 1130. I'm sticking to that theory unless I see it break above 1130 with volume expansion. I don't see that happening. Last time we stalled at this area for 7 days and then Wham: down she went. I do concede however, that some of the eco numbers are improving and the market looks like it would like to shoot through 1130 just to fool more people, but I doubt it would hold. There also seems to be many gaps to be filled down below. Just my opinions, though