Here is my post from Oct 1st...The bottom was in place as per what I could decipher from the charts at the time.
My opinion of everything has changed dramatically in lieu of recent events, I don't think anyone should rely on TA at this stage.
The game has evolved into something more political, and that you cannot read in the charts. So I am throwing out the TA for now, I can't grasp the magnitude of what is affecting the price fluctuations right now - my only hunch at this point is we are going much higher.
I am seriously skeptical these days, the sell off yesterday at the end of the day only to SURGE today looks orchestrated to me...but I plan to grip a little tighter and hang on for the ride.
Good luck to all...
GS40
1.50
posted on Oct 01, 09 12:49PM
Those that sold on the breakdown of the double bottom might want to look at 1.51 for re entry.
Buy back in 1/3's
Brutal day, but momentum should slow at this level.
JMO
GS40
