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bbgold

03/13/12 5:15 PM

#18855 RE: RCKS #18854

3 pm was Fed announce?
Not around enough during the day to see what is happening.
Mentioned before the euphoria spread by rumor of Good News when the truth is Negative. Everyone dancing in the streets 'wall street' right before the meltdown. So far that is certainly the way it appears the Markets are reacting.
Yes, lowered volatility compared to Novemeber, with the exception of this week.
Will have to see if the opposing red/white latest big candles are a change of direction cross or not.
The Mirror would be a 2 day retest of 1370 and then a 2 months slide to downside.
Mirror Mirror on the chart, when will the Markets reverse the direction of the cart?
Uphill is usually a struggle, Downhill could pick up a lot of momentum, we shall see.

bbgold

03/19/12 12:27 PM

#18856 RE: RCKS #18854

On the road, topping candles DAX/FTSE?
So far the Euro markets were showing some topping candles but I see now some spike high this am? Not sure why the spike?
No time to follow what is going on, just getting a glimpse every now and then.
Good Trading and have a Wonderful Week!