MURICO.com Forum

Re: DH, fishing is always a joy when----

when I catch something besides suckers. Suckers are just frustrating because by the time I realize they are suckers, its to late to keep from making a donation or the reward is pocket change. Todays catches weren't Big Ones but the 50 cent deposit at 68.00 and the 70 cent deposit @ 68.20 made the reward worth the effort. A new target was marked with the hit on 68.00, if the progressions keep working higher, the next target is the 50% retracement @ 69.15. ? how much set back will we see before the new target gets challenged. Maximum setback needs to stay above 65.20 but as soon as Dec becomes front month the weekly chart sell signal would be triggered with a weekly close below 66.35. I have to guess it will be tested at some point in the next 2 weeks but I would sure like to see that support area hold.

I always have to remind everyone, that every high or low, always ends with a marked target that never gets hit. The direction progressions always end and usually when least expected and usually when the train is loaded to the rafters. I don't get the feeling the north bound is loaded to the rafters, since hedger selling interest is on the increase and spec buying interest is not as heavy as it typically is for tops. The market does such a good job of messing with our minds to set up the psych surprise on all of the participants to bring in the DONATIONS.

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The CME component on the kill for - - -
Re: DH, fishing is always a joy when----