Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (78118)	12/8/2007 2:38:29 AM
From: Real Man	Read Replies (1) of 94695

I switched to long @ 1505 again. This is a ladder market, no declines allowed? Some small profits along the path of maximum frustration, which is good. -g- Hank's activity goes in ladder fashion - a huge spike in da futures moves the market quickly to a new level, where a limit bid is placed. I noticed the limit bid was placed around 1505 this time. Retests are no longer allowed So, we might move higher on Sunday night -g- Well, this CAN break, as we have seen in August, then November, and when it does, there is no (other) support, just like there is no resistance as we go higher while this does not break -ggg- The whole move higher now and in August was hilo squad attack. Derivatives are huge too, so now we have a battle between da giants.

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