Gary_Fullett joined. John joined. John good evening Gary_Fullett good evening Dave_M hi gary Dave_M and others Dave_M ::biggrin Doc_K evening Dave_M Doc Doc_K did u send charts today for tonight? Gary_Fullett yes theyy were sent out at like 1 pm Dave_M I didn't have mine in email when I got home so.. Dave_M I went to the archieves and pulled them from there doc Gary_Fullett well they are on the site as well but they were emailed Lady_K left. Art joined. Art good evening Dave_M art Gary_Fullett kelly forgot to email em Gary_Fullett will email em now Gary_Fullett but they are on the site Doc_K is that the ones of dj cattle spread nasdeq ect? Dave_M no Dave_M stock NHWK Gary_Fullett that was for the newsltter doc Dave_M cotton Gary_Fullett the news letter had those charts Dave_M soy bean Dave_M 5 pages Doc_K ok we got them from archives Gary_Fullett correct 5 charts Gary_Fullett meal cotton Gary_Fullett and a stock kent joined. Dave_M Any Dallas Cowboy fans on board? Art hi Kent kent Hey Art kent I am, Dave, all except TO, lol Kelley joined. Dave_M my condolences ::blush Whit joined. Art hi Kelley kent lol Dave_M tough last few weeks kent Hey Whit Kelley hi Art kent Hi Kelley Art hi Whit Gary_Fullett well they are in the playoffs Whit Hi Kent & everyone Kelley good eevening Folks, Happy New Year Gary_Fullett so they have a chance Gary_Fullett ty kelley and u as well kent yeah, been hard to watch, lol Kelley hi Kent Dave_M Yup but boy parcelles really looked wipped after the game Kelley ty Gary:) kent how about that Fiesta Bowl :) Doc_K so is chiefs Dave_M like a man resingned to defeat....I like him but it Dave_M was sad to see Doc_K are Kelley boise st:) kent fantastic game :) Kelley it was fun to watch kent yes, it was, I knew that they could do it warren joined. kent OU underestimated them Gary_Fullett never knew they could play football in idaho kent hey warren kent lol Gary_Fullett passing potatoes Dave_M :) kent lol Gary_Fullett so did u get charts? warren hi kent and crew -- just saw charts from kelly Kelley y Doc_K yes Dave_M y, just came over email Doc_K ty kent just some monthlys and quarterlies Kelley 5 charts Gary_Fullett yes skylar joined. Gary_Fullett the charts went on the site early today Gary_Fullett but kely forgot to email u warren email charts, kelley kent ok, I got them kent hey skylar Kelley I got them from ltg site Gary_Fullett okay Gary_Fullett small crowd today skylar hey kent, everyone Gary_Fullett about 10 short but that fine Gary_Fullett okay any questions Art hi warren and skylar swetz joined. kent nope Art hey swetz Dave_M he Sw Kelley hi Swetz, we have not started yet warren hi art, swetz swetz howdy Art, Dave, Kelley, Warren, and kkkkkkkkkkkkkkkkkkkkkkkkkkkkeeeeeeeeeeennnnnnnnnnnnnnnnnnnttttttttttttttttttt ::smile Gary_Fullett okay we should ahve the palce for the enxt semianr by next week Gary_Fullett it will be may 19-may 22 Gary_Fullett but either reno or tahoe Gary_Fullett and david ahs some new stuff Gary_Fullett will eb informative more elcture Gary_Fullett also Gary_Fullett amos will eb sending long term charts tommorw noght Gary_Fullett will be doing more charts nw kent sssssssssswwwwwwwwwwwwwwweeeeeeeeeeeeeettttttttttzzzzzzzzzzzzzzzzzzzzzzz :) Gary_Fullett that amos gave u backround Gary_W joined. Art may 21st is Victoria day , must be Victoria secret lol Dave_M Gary, what's the $ on the seminar? swetz going to have Victorias Secret show between seminar sections ::smile Art lol Dave_M I checked plan tickets the other day to reno kent lol Dave_M and it's about $750 RT (upstate NY) kent ouch Dave_M what i said kent Gary_Fullett dave great q swetz I get to seminar by stagecoach for $50 ::smile Dave_M lol kent hey GW, not started yet Gary_Fullett we determine price by what it costs for the room and equitement Gary_Fullett if we get that cheaper we can get the semianar cheaper Dave_M I'm game Gary_Fullett so maybe similar to the last semianr or a tad cheaper hopefully Whit Steve aren't you the stage coasch driver? swetz ::smile Dave_M ya i missed that one in Chicago right? swetz Hi Whit, glad you came tonight Whit How are ya? swetz had fun talking to you at Chicago seminar Whit same here swetz that psych stuff you taught really does work ::smile Dave_M names with faces....best thing Gary_W thanks kent. Hi all Whit thanks Art hi Gary W Gary_Fullett whit gave a GREAT lecture last semianr. Gary_Fullett hopefully he will join us again swetz yep sure was Gary Gary_Fullett its has been a ncie club we had Whit I'd love to. Count me in, please Dave_M Putting my vacation request in tomorrow....try Peter_ joined. Art hi Peter Peter_ hi everyone, chart please swetz howdy Peter BBob joined. Peter_ hi Art & Swetz swetz haven't started yet peter Kelley hi Peter, have not started swetz howdy Bob Peter_ hi Kelley, ty Gary_Fullett okay lets start swetz we were waiting on you Peter Kelley hi Bobberoni Gary_Fullett swetx we have a stock chart BBob Hi, just sat down.. swetz see ::smile Gary_Fullett u wanted me to send Gary_Fullett so wnat to start agout it swetz I can bw joined. kent BW!!! Peter_ had to move to my other computer, since I'm burning a DVD on my other one BBob oh my, its bw swetz BW ! ! ! Dave_M hi bbob swetz you guys got the daily chart of NHWK? Dave_M y Peter_ gday bw Kelley hi bw, just starting Doc_K swetz u of Mo playing Miss state in round ball 50 46 mo warren glad u made it bw swetz yep, watching it Doc Art hi bw Kelley y/nhwk bw kent, Peter, Bob, swetz, Kelley, warren... bw higuys. kent y swetz bw one thing for sure, i don't think 2007 will improve my typing swetz what you guys see in early June on this chart? Peter_ mine's getting worse :) swetz lol kent lol Doc_K sc Dave_M UT Gary_W sc BBob man, the hot chocolate ain't warmed my tummy yet and swetz is raring to go kent looks like some kind of stopping action, possible sc, can't tell with this chart, though Peter_ looks like some kind of ending action of the recent downtrend in June swetz where is UT at Dave? Dave_M thought may was new issue date...lookes at larger chart warren ending action then demand kent looks like a lack of supply at the bottom, very low vol Dave_M more stopping action on DT swetz I like wareen and kent's answer the best Dave_M my bad swetz warren's swetz guys remember, not every ending action has to be SC Larry joined. swetz I wanted this chart sent to show another example of how you can have ending action WITHOUT SC kent hey Larry, NHWK chart Larry hey kent thx kent yw Kelley we are at June low swetz no SC because don't see climatic action on bars with wide spread Gary_Fullett good Dave_M y swetz to me, there was SOT/lack of supply at bottom Art hi Larry swetz followed by what Amos would probably call Volume off the bottom swetz I would just call it demand after lack of supply Larry hi art swetz either way, we got potential ending action swetz the SOT w/ low volume was our clue swetz that supply was losing control swetz and demand would likely emerge swetz which is exactly what happened by noticing the huge increase in spread Gary_Fullett please read what swetz is saying its top notch swetz on increased volume kent did the SOT occur at an area of prev support? swetz great question kent ::smile kent :) swetz it did not, this stock has only been trading since Feb 2006 swetz that June low was its all-time low Whit And that demand coming in after lack of supply/SOT confirmed an ending action? kent ok, ty Dave_M Sw, is the SOT the last two bars prior to VOB? swetz yes Dave Dave_M just two bars huh swetz I think the ST with much less volume confirmed it Whit Whit good point, thanks swetz yep Dave Dave_M very subtle swetz couple of things I want to say about this TR swetz notice the high volume gap breakout in late July kent y swetz looked like a JOC to me if I was looking at it in realtime swetz but not much cause has generated at that time swetz so likely CM not ready for markup yet BBob like the one in october? swetz different situation in October Bob, by then a lot more cause has been built Dave_M what can cause this if the CM isn't ready to move? Dave_M is CM just testing or something else going on here? swetz CM maybe probing demand/supply kent some kind of favorable news swetz yep kent - great point BBob short covering? Dave_M ya, news swetz I dont think it was Bob Dave_M wouldn't think Short covering would swetz so here is a great example Dave_M be a gap up though? swetz of why Wyckoff recommends to wait on backup after JOC to buy swetz this July bar looks extremely bullish swetz it has everything that JOC should have swetz wide spread, very high volume, close top 1/3 of chart swetz of bar swetz but see that there never was a successful creek retest swetz which told us that this potential JOC was actually an UT swetz then NHWK has several ST swetz at the 16 Ice swetz then in early Sept swetz we got a spring swetz you guys see this Dave_M y BBob 9/14 Larry y Kelley y Gary_W technically it closed in top half, not top 1/3 swetz I think Dave pointed it out in day forum didnt Dave? swetz didnt you Dave_M no wasn't me? Larry top 1/3 including gap swetz we get a wide range bar that makes a lower low Dave_M y swetz with close near the bottom swetz this is the sellers chance to really break the market Dave_M still on spring swetz y Dave Gary_W you'e right larry swetz but the very next bar, totally reverses yesterday's bearish bar swetz by closing at the top swetz this action shows that the bearish bar the day before could not follow-through to the downside BBob 9/15 swetz and setup the spring the next day swetz yes Bob swetz that spring was a great buy swetz we have already seen ending action in early June swetz we see how 16 has continued to be support swetz Ice swetz throughout this TR BBob and now you tell us lol swetz using PnFc chart, you could take a count across the 16 linie swetz lol Bob swetz so everything was in place to buy on 9/15 swetz but say you miss this buy swetz the spring was followed by a demand rally swetz that showed EOM up on increasing volume hugh joined. swetz notice how volume increased on each bar during this rally swetz and it JOC a minor creek at 18 handles joined. swetz you guys see all of this? BBob 9/20 Larry y Gary_Fullett its important warren y kent hey hugh, Handles, HHWK daily swetz if you want, you could call this a SOS rally since this was the strongest rally throughout this TR Dave_M y handles thanks kent warren NHWK chart swetz then look at early October swetz we get a pullback to confirm the demand or SOS rally Dave_M LPS swetz yes Dave kent yw :) swetz kind of hard to see but notice the last bar of the LPS reaction swetz volume increased and notice the close of that bar swetz it was top 1/2 of bar swetz so what does that tell us about demand/supply battle on this bar? Dave_M demand day BBob 10/10 swetz well, it told us that demand overcame supply swetz how else could the close be this high within the range of this bar swetz demand must have been present to gobble up the supply that was present Gary_Fullett good swetz from that point on, notice the slow grind up swetz what do you notice about the closes of these bars during this grind up? swetz I put you guys to sleep already? lol warren mid to to of range kent upper end closes Dave_M no looking warren top kent lol Kelley zzzzzzz Dave_M mostly hi close with a few down swetz lol Kelley Kelley high end closes kent ::sleep Dave_M on up days swetz yes, all great answers swetz this is absorption swetz and is bullish swetz we get a break above 20 in Mid October swetz which was an UT and created a little shakeout of those weak longs that like to buy breakouts BBob 10/23 swetz yep Bob swetz then look at the huge volume day in late October, what was that? swetz if you guys miss this answer, go to the back of the class swetz lol warren demand Kelley demand BBob JOCaroni 10/26 handles joc Dave_M got it swetz yes sir JOC Dave_M was trying to understand the next few bars Dave_M after JOC swetz but we can only say potential JOC in real-time right? handles and then retested it a few days later....buy the retest swetz....cmon handles yes Dave_M y Kelley y swetz because it is the backup to creek that confirms the JOC swetz NOT the JOC itself handles right Dave_M y Dave_M big down vol on this retest though? swetz if you doubt it, just look at the potential JOC in late July swetz that didnt work out to well did it rhonda joined. BBob is 11/1 backup to creek? swetz where Dave handles that was a UT swetz I dont see it handles in july Dave_M 4th bar past JOC handles small volume Dave_M 11/1 on my chart handles joc is the big volume day dave swetz yes Bob swetz right handles Gary_Fullett see how long 1 chart can take Dave_M yes handles Gary_Fullett great job warren NHWK chart rhonda handles the line u see is a divider of volume swetz sorry Gary, do I need to speed it up? rhonda ok thanks Whit Excellent, Steve -- thanks! swetz so we get a backup to test creek swetz like Bob said Gary_Fullett no no no steve Gary_Fullett take your time BBob spring 9/14, lps 10/10, joc 10/26, bu 11/1 swetz and notice the volume on the backup Gary_Fullett i want to go slower with charst npw swetz spring 9/14 and 9/15 swetz was 2 bar spring to me swetz ::smile BBob ok swetz so we get a successful creek retest after JOC swetz this setup the markup phase swetz which is exactly what NHWK is doing right now John left. swetz notice the EOM and volume has been to the upside during this rally swetz you guys see that? handles yes BBob yeah swetz EOM up with volume on the upside BBob december swetz lack of movement and decreased volume on the downside swetz this is bullish action swetz we can draw a support TL connecting the Oct/Nov lows swetz and parallel overbought TL to frame this uptrend handles got it Dave_M y swetz we also can draw a horizontal line at the early Dec high swetz at 25 Dave_M Bob/SW, did you get a count on this? Target? skylar left. BBob no swetz will do a PnF tonight Dave swetz dont have one yeet swetz yet Dave_M good thanks swetz so buy drawing these TL BBob two phase pnf swetz we can see that NWHK rallied to overbought area at 28 swetz and is also major creek on weekly chart swetz so we can expect a reaction here swetz but look at this reaction swetz from judging the range of the bars, the position of the closes, and the volume compared to the immediately preceding rally to 28 swetz what can we say about this reaction swetz weak or strong? swetz you guys tell me rhonda weak swetz ::smile handles weak kent weak so far Kelley weak kent Rhonda !!! Dave_M weak rhonda Kent!!!! swetz absolutely, good answers from everybody handles grinding on low volume...narrow ranges etc Dave_M last bar concerning swetz see this Wyckoff stuff isnt too tought swetz tough kent lol handles last bar is low volume....holiday trading etc.... swetz all we have to do his judge price/volume swetz using Wyckoff's priniciples handles yeah ok steve handles lol Dave_M spacing still holding swetz yes sir Dave swetz good eyes\ swetz okay guys swetz lets look at this last bar and what should we expect to happen tomorrow? kent prob lower swetz you guys tell me? swetz first tell me what message today's bar is telling us? kent although close was off the bottom Dave_M rest the low of last bar warren might retest the creek swetz look at what we KNOW Dave_M supply in control right now swetz what are the FACTS Dave_M retest low handles should go lower...towards 24 area for reaction kent vol has been very low Art it tried to rally , couldn't so lower BBob I have to say supply still a tad in control, but tomorrow is another day Dave_M more lack of demand Whit was unable to close above yesterday low warren fact: we havent reststed creek swetz read what Whit and Kent have said warren retested Whit sorry, yesterday's high swetz they are making observations that CANNOT be argued kent should expect a reaction at 25 swetz this is important swetz before making an assumption, deal with the FACTS BBob is 12/19 a cob swetz? swetz I dont think so Bob rhonda 12/19 and 12/20 a clue to me but not a COB rhonda a clue to watch close swetz these are my observations that cannot be argued warren an sot? swetz and this is what you must do at first Dave_M Supply is in temporaily in control swetz before coming up with conclusions Dave_M need to test for demand swetz so the observations are these swetz the range was wider than the last 2 days - FACT kent with vol so low I don't think that supply is necessarily in control, just a lack of demand right now BBob so would 12/19 be the first reaction to resistance with low close high vol? swetz the position of the close was near the bottom of the range and below yesterday's low - FACT handles right Dave_M k swetz the volume was low and about the same as yesterday's - FACT Dave_M y swetz the stock is still above the minor creek from early December - FACT bw but it also closed above last swing high, the last creek bw early dec swetz so from these FACTS kent right BW swetz I can start to ANTICIPATE (Joe's favorite word) ::smile kent lol swetz the likely action for tomorrow BBob take antacids for antipate swetz I low close tells me that supply overcame demand today Dave_M y swetz BUT NWHK has been able to stay above the minor swing high or creek that Kent and Dave mentioned swetz so this is bullish swetz the volume was low so even though supply overcame demand to an extent today, there was no supply BBob 25 is what your saying swetz was just a lack of demand to me Dave_M k swetz but this is in an uptrend, so it is supply that must prove itself swetz not demand Kelley y swetz so my plan tomorrow is this swetz since supply won the battle today, I would expect downside follow through tomorrow swetz but I would anticipate that demand will show up at the minor creek area from early Dec swetz I will be looking at 60 min and 5 min charts to judge the action swetz so if I see a intraday rally with EOM up on volume swetz then I would assume that the minor creek will provide support swetz and the lack of downside follow-through swetz makes a bullish statement swetz because the supply has lost control swetz and the rally should resume itself BBob oh man, your gunna get cramerized lol swetz so EOM up with volume followed by a narrow range on less volume reaction is a buy to me tomorrow kent lol swetz just like GROW Dave_M ? hugh left. swetz rember GROW from Saturday class Kelley y swetz I am looking for same setup in NHWK tomorrow rhonda yes swetz sure Dave shoot? Dave_M if demand shows on the open with a gap up Dave_M yah I guess you answered it...same approach as GROW swetz look Dave, dont let a gap up fool you into thinking strength swetz in Wyckoff it is the REACTION that proves the strength/weakness of a move swetz NEVER EVER FORGET this swetz look at NHWK in late July Dave_M so if a gap up occurs watch the pull back and judge that reaction swetz it gapped up then swetz but look what happened swetz it was downhill from that point on Dave_M y swetz the public bought that gap in July swetz because the public likes to buy breakouts swetz CM isnt stupid he knows this kent lol swetz Wyckoff knew the CM knew this swetz why do you think practically every Wyckoff setup swetz says buy the REACTION kent very true swetz the ONLY time, I buy a JOC is if there is absorption first BBob my xray chart hasn't turned out as nice as this one swetz okay guys, stick a fork in me, I am done swetz any questions? swetz ::smile Dave_M good job Sw rhonda question?c handles lol.....good job swetz bw small question Dave_M bob...Xray good short stock LOL swetz sure rhonda kent lol, great job, swetz :) BBob yeah Kelley no q's, nice analysis Swetzeroni, moma going to be proud:;wink Whit that was great swetz sure BW swetz lol kelley swetz thx whitt swetz whit swetz thx kent rhonda on the reverse trendline u would start it on 26 Oct? bw is the fact that the last few days, the down bars have been wider than usual a slight cause for alertness of character change? Gary_Fullett well that is top notvh bw or is it just a holiday illiquidity thing? swetz yes rhonda Dave_M notch rhonda Thanks Swetz swetz well, the minor swing high or minor creek has held BW swetz also the volume is less on the pullback swetz and when comparing these down bars to the previous bars on the rally swetz these down bars are not wide Dave_M did we ever get a count or objective? swetz Wyckoff was a big believer in comparing buying waves to selling waves Gary_Fullett correct dave swetz also remember what Gary says about comparing volume and ranges of bars swetz they should be compared to the AREA you are in swetz look, if I get the intraday setup I want swetz and I buy tomorrow Gary_Fullett :0 good swetzie swetz but NWHK turns and closes near the low swetz I will take a loss swetz but it is a risk I am willing to take swetz based on this chart swetz and the early morning setup that got me in the trade in the first place swetz I dont mind taking losses, I accept it swetz but if trading properly, in the long run, I will win swetz I have to because I have an edge swetz Wyckoff is the edge swetz all yours Gary - lets talk commodities baby ! ! ! ! Gary_Fullett no was very very very good Gary_Fullett i love dit Gary_Fullett was greta anlysis Gary_Fullett great kent yep :) Gary_Fullett great Gary_W swetz where would you put your stop? bw very excellent swetz, thank you very much. Gary_Fullett see what the back of a milk carton can teach u swetz either under the 12/19 low, or tomorrow's low BBob cramer is on my milk cartons lol swetz lol Gary swetz thx BW Gary_W 12/19 was mine also BBob I'm bushwacked.. so see you tomorrow thanks swetzie.. lol swetz Dave - PnF target 31.-34 swetz 31-34 Gary_Fullett lol bob swetz the first PnF target was attained at 27 Dave_M thx BBob left. kent c ya Bob rhonda Night Bob swetz lol Bob swetz gn Bob swetz Beans or Cotton? swetz you guys got me so fired up, I am ready to talk commodities Gary_Fullett lets do cotton swetz lol handles cotton kent lol Gary_Fullett ty swetz swetz ::smile Gary_Fullett monthly cotton Gary_Fullett what do u see handles Tr with high volume demand spikes Art TR Gary_W TR betwee 42 and 60 with volume Gary_Fullett whats the ket bar on this chart? Gary_Fullett okay tr now Art higher OI and vol Gary_Fullett but whats the bar Gary_Fullett that s key Gary_Fullett there are 2 key bars Larry the demand bar right after the sc handles i say the UTbeginning 2005 Larry in late 01 rhonda the very last bar Gary_Fullett what do u see late 2001? Gary_Fullett anyone? rhonda SC Gary_Fullett btw amos tommow with long term charts warren ending action with following demand Larry selling drying up, then retest Gary_Fullett so will eb a chart night Gary_Fullett well on the lows Gary_Fullett the volume was lighter correct Larry y Gary_Fullett retets of what larry? handles yes very light...decreasing Art SC in 2001 , retest with strong reaction in 2002 Larry of demand bar right after the low Larry retest in 02 hugh joined. Kelley rtested demand bar Larry demand bar in 01 Art JOC off the retest and a retest of creek late 2002 Gary_Fullett aftre a low volume Gary_Fullett low Peter_ looks more like vob with demand at the 01 low Gary_Fullett then u had an increase volume on the rlaly Gary_Fullett see ? Larry y swetz y Gary_Fullett is this enough to turn the market up? bw y bw no, needed more cause Gary_Fullett right bw Gary_Fullett but we can mark it as a possible good thing Gary_Fullett then the rally Gary_Fullett where did ti stop? Gary_Fullett what price bw previous creek, 8500 kent y Gary_Fullett no no no Gary_Fullett at 400 Kelley 40 Art 48 Gary_Fullett late 2001 Gary_Fullett at 4000 bw o4000 Gary_Fullett so we knwo that this rally may form creek Gary_Fullett then what ahppned? Gary_Fullett the next few bars Gary_Fullett why are those bars important bw absorption swetz backup to creek Kelley y Larry building casue handles looking for a reaction swetz JOC then backup to creek bw and then ST Gary_Fullett u went sideways right Gary_Fullett small ranges Gary_Fullett what does this say? swetz oops, got ahead ::sad Larry absorption Gary_Fullett the gaisn were maintianed Art absorbtion Gary_Fullett right Gary_Fullett it was not sellign off Gary_Fullett the trend was down Gary_Fullett but u had soem demand handles yes Gary_Fullett and the gains were maintianed bw y Gary_Fullett they absorbed any selling bw the ave vol was higher than the drop to the low Gary_Fullett so aftre the absorption Gary_Fullett u had a wide bar Gary_Fullett and a close at creek Gary_Fullett mid 2000 Gary_Fullett see this bw 2002 you mena? Kelley mid 02, y Gary_Fullett this was the second imp demand bar and now u cna say we can have mark up Gary_Fullett 2002 yes Gary_Fullett so 2 large bars Gary_Fullett on the up Gary_Fullett demand evident warren bw sharp! Gary_Fullett and the high raneg close at creek Gary_Fullett with absorbtion handles yes Gary_Fullett this is obvious handles now it is swetz if you guys look at the 2002 archives, Gary made this observation then Gary_Fullett ty swetz not in hinsight :) swetz ::smile Gary_Fullett so thsi lead to a joc Gary_Fullett now aftre the move to 8500 Gary_Fullett what happned? Whit bc swetz supply came in kent retested 40 swetz COB bw it went into a larger timeframe Trading range. and retested 4000 again. Kelley mkt returned to 40 area to build more cause Gary_Fullett right hugh left. hugh joined. Gary_Fullett so the retest Gary_Fullett was back at the top of creek at 4000 area bw so textbook! Gary_Fullett so thsi retets of broken creek Gary_Fullett is the most proper wyckoff trade Gary_Fullett now a tr from 40-60 handles so how do we know now is the time to get long in this TR? Peter_ look at smaller timeframes kent gary, were you surprised that it went and retested all the way back to 40? I would have thought that it would a better reaction at 60 if bullish... kent it would have... swetz you guys thinking this TR is accumulation? I do ::smile kent yes bw me too :) Kelley y Gary_Fullett i was kent Gary_Fullett but still its fine technically kent ok Peter_ no question in my mind Swetz :) swetz ::ninja ::smile swetz I dont know volume on futures handles get long cotton fast....lol Gary_Fullett so this tr handles hurry hard Gary_Fullett accumulation or distribtion swetz but was thinking that monthly bar before last was bullish red flag handles ummm....accumulation swetz huge volume, but no downside kent it will be interesting to the reaction at 60 bw accum swetz then EOM up kent accumilation Whit holdind higher bottoms, too swetz I vote accumulation too Gary_Fullett so u se the whole process Gary_Fullett this sia monthly kent huge open interest, so could get a shakeout of the weak longs too Gary_Fullett the cause is huge!!!] handles open interest gary a concern on a monthly like this? swetz yep Whit, I agree ::smile Peter_ cotton does have shakeouts swetz thinking may get one because of high OI reading? Peter_ also see how it bottoms, rarely a SC kent I do, yes swetz kent 60 should be interesting, lol swetz thx Gary_Fullett so look for absorbtion Gary_Fullett in thsi area Peter_ daily has had absorption until recently kent open interest is currently 2 times the average open interest on this 12 years worth of chart kent something to watch anyway Gary_Fullett so any questions on tis chart handles open interest gary? Gary_Fullett I went slower because i wanted u to see one of the miost bullish charts today handles above Gary_Fullett what about it? Peter_ yes there wre a recorn number of fund shorts until november when they started covering kent doesn't mean it can't go higher, lol handles kent says its huge.....compared to last 12 years....concern Gary_Fullett well i dont think u can compare 12 yrs ago Gary_Fullett there are more commoddity funds now Gary_Fullett compred to 12 yrs ago kent well, if it represents shorts, could be fuel for a hugh run up too handles true.... Gary_Fullett so i think market si very bullish Gary_Fullett amos will do charts tommotrrw Gary_Fullett and i do the emal on thursday Gary_Fullett but any q Whit Got to go -- late here. Great to see you all again! Thanks Swetz & Gary -- great stuff, as always. GN all kent gn whit Peter_ gn Whit Art thks Gary , good nite kent great class to start off the new year gary :) Art left. swetz gn Whit bw yes great class as always gary! thank you swetz gn Art Gary_Fullett ty whit Gary_Fullett strnger Peter_ thank you Gary & Swetz, goodnight everyone kent g'day BW :) Whit left. Gary_Fullett will se eu all tommorw Gary_Fullett amos si here bw cya kent :) swetz gn Peter Gary_Fullett will be a great class handles thanks guys warren thanks Gary and Swetz for great session for the new year swetz gd BW Gary_Fullett u will want tos ee how he charts Peter_ gn Swetz Larry thx gary and swetz, good stuff Gary_Fullett good nigth ty soilguy thanks Gary and Swetz Gary_Fullett left.