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To: Henry J Costanzo who wrote (200479)11/12/2012 1:08:33 PM
From: hawkeyefan  Respond to of 209892
 
Yea, I know. This is a Fib cycle and the 20 week low at the same time. I have committed to it.

I love Crude here, also.



To: Henry J Costanzo who wrote (200479)11/12/2012 1:12:30 PM
From: hawkeyefan  Respond to of 209892
 
I am just a little on edge and felt like posting some. This really has a chance here just like the last week of June when I asked you to make sure I didn't short anything. Make sure I don't short anything now either.



To: Henry J Costanzo who wrote (200479)11/12/2012 1:13:44 PM
From: hawkeyefan  Respond to of 209892
 
Like Gold and Silver, too.

Edit: not as much. Daily slow stochs aren't in the best spot.



To: Henry J Costanzo who wrote (200479)11/12/2012 1:31:29 PM
From: hawkeyefan  Respond to of 209892
 
Silver back over 32.50. Man, I want it stay over that number.



To: Henry J Costanzo who wrote (200479)11/12/2012 1:36:38 PM
From: hawkeyefan  Respond to of 209892
 
I'll be back later. Afraid if I watch, I'll get nervous and change my mind. Let the stops handle things.



To: Henry J Costanzo who wrote (200479)11/12/2012 5:06:52 PM
From: Joseph Silent  Read Replies (1) | Respond to of 209892
 
It's probably not worth much at all :) but here is my two bits ......

the geometry shows an intersection of three lines, at a point below where we are now, in the next week or early in the week after.

The intersection appears to be in the spx 1320-1340 area. I'll go out on a cheap limb and say we won't go lower than that. I suppose we can always bottom higher than that. [And, needless to say, I can be wrong and we can go a lot lower than that.]

From that intersection point a rally should begin that exhibits the same slope as the last rally (looks like a 45-55 degree angle, approximately).

Apart from the above I have one support line that shows support at around 1356 or so.

/J :)