rg1618

rg1618

the price action seems to be obeying the fib levels pretty well

rg1618

if this looks a bit the the sp price structure, take a look at the price of btc when this happened

rg1618

what do you think folks know about this penny stock, maybe we should pay attention

rg1618

lehman 2.0 counterparties etc, member '08? one of europes biggest banks, whats up with that?

rg1618

this doesnt look healthy to me, no position. head and shoulders?

rg1618

seems like this thing should begin to stabilize as other indexes complete their selling...we'll see

rg1618

small head shoulders bottom on the 15 min qqq's? the question is do you rent your longs or own them?

rg1618

longer term horizon, begins buying here, plus qqq hit my feb target of 300, started buying yesterday

rg1618

this rsi triangle WILL break down, the lower highs show us the selling is not over

rg1618

chart say get long.........................................................................

rg1618

thats the key day feb 14 need to break the closing price

rg1618

if the rsi breaks down from here i expect quiet a big flush, rsi movement this low in the range is dangerous and coincides with large drawdowns

rg1618

id say this goes higher, pretty clean construction

rg1618

the horizontal is the afghan withdrawal. what i consider seminal moment. well theres the line, you decide if we just stepped down off the podium and let china take over.

rg1618

KISS me stupid, keep it simple stoopid, just follow price not da newz

rg1618

Huston, we're clear for takeoff....................

rg1618

wheres she going.................................................................................

rg1618

bouncing off an elevated level(50) is usually bullish