Gary_Fullett joined. Peter anyone have charts? pepper joined. rhonda I do Kelley good evening folks, no charts az y Peter Peter hey AZ Gary_Fullett good evening rhonda I got them in an email Gary_Fullett they are posted JohnF Hi peter, kelly, Gary, pepper Peter hi Kelley & Gary az Hi Kelley, charts sent in email Peter hi John warren good evening all -- i have charts Gary_Fullett are they posted on the site? rhonda Hi Warren and Peter rhonda Hello Gary Peter no Gary, the file is empty Gary_Fullett i will have kely check JohnF i had trouble from wesite, but got them from email. Gary_Fullett then fire her Gary_Fullett lol JohnF lol Kelley no email, tried site and again nothing Gary_Fullett okay kellley Peter hi Warren & Rhonda Gary_Fullett will ahve kelly check rhonda lumber sugar stocks JohnF I can forward if needed... ? warren hi Peter, email works here rhonda coffee cotton and soybeans, me too Kelley hi AZ, Peter, JohnF Whit joined. az :) Peter I dropped off the email list Warren, since my mailbox was getting full, I normally pull them off the site now Art joined. rhonda ::beer ::up Kelley rhonda Hi Art Art good evening az Hi Art Art hey rhonda Peter hi Art JohnF Does anyone need charts forwarded to them?? Whit hi peeps warren hi Art Gary_Fullett okay charts on the site Art az and Peter and warren Larry joined. Peter ok got them now, printing from site Nick joined. Gary_W joined. Doc_K joined. Art hi Larry , Nick , Gary and Doc Doc_K hello all Nick hi Art Gary_W Hi gang Gary_Fullett did u all get charts Art y az Hi Gary W Gary_Fullett tomoorw amos will eb here Gary_W yep Doc_K y Gary_Fullett okay will give u a few to print em rhonda Hi Nick and Doc and GaryW Gary_W hey rhonda Kelley I have the charts now Gary_Fullett great swetz joined. Nick Hi Rhonda rhonda Hi Swetz!!! JohnF hey swetz Steve_W joined. Art hi swetz az Swetzieeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!! Art hi Steve swetz ::biggrin howdy Nick, rhonda, John, Art, Steve, and AAAAAAAAAAAAAAAZZZZZZZZZZZZZZZZZZZZZZZZZZZZ swetz ::smile warren hi swetz swetz howdy warren Nick hey swetz Peter hey Swetz swetz howdy Peter swetz Joe must still be sleeping swetz ::smile Peter y swetz if anyone is interested swetz SMI is in the process of putting ALL of Bob Evans lectures on MP3 Gary_Fullett okay' Gary_Fullett any questions? Whit hey Steve swetz that is 352 tapes on CD Gary_Fullett really swetza swetz howdy Whit Gary_Fullett send it to me swetz yes sir rhonda wow Swetz how do we get those, please? swetz they havent done it yet swetz they are working on it swetz ::smile swetz doing it right now I think vijay joined. swetz not sure when they will finish Nick swetz will buy them and send us all copies swetz ::smile swetz Nick rhonda No me, I owe him ::smile Gary_W I'm hoping that they'll update their course. Using 30's companies just doesn't make it in the 2000's Whit some of those tapes are excellent swetz they will probably distribute a list of them by email swetz I agree Whit - I have the George King ones rhonda cool Kelley hi Swetzeroni aka .....My Brother from another mother:0 Kelley :) swetz lol kelley - howdy brother Tom joined. swetz ::smile Whit Geo King are some of the best -- probably closest to what Wyckoff actually practiced kent joined. swetz I agree Whit Kelley ge Kent swetz kkkkkkkkkkkkkkkkkkkeeeeeeeeennnnnnnnnnntttttttttt swetz ::biggrin rhonda Swetz I missed your Sat chat cause of football it was really good, Thanks kent hey Kelley rhonda Hiya Kent!!!! kent sssssssssssssswwwwwwwwwweeeeeeeeeeeeeeeeeetttttttttttttttttttttzzzzzzzzzzzzzzzzzzzzzz :) swetz glad you liked it rhonda ::smile kent Rhonda!!! Whit You know David took lessons from Geo King after completing the course? kent hey Whit JohnF yea saturday was good stuff. Gary_Fullett yes he did swetz yep, I know Whit Hi Kent rhonda Thanks John for copying it and posting it Gary_Fullett this si why this site is great Gary_Fullett with others helping others swetz David told me that his firm invited Gary_Fullett top notch JohnF anytime! ::biggrin Nick where is it posted swetz George to come lecture them rhonda Joes site JohnF on forums Whit ::smile BBob joined. JohnF http://www.commoditytradingresource.com/cgi-bin/webbbs_config.pl/read/7175 Nick thanks John JohnF np. swetz howdy Bob and Vijay Gary_Fullett okay ty swetz Gary_Fullett all get charts? Kelley hi Bob Gary_Fullett tw amos tommorw night JohnF yes got charts. kent y, charts Kelley y rhonda Hi Bob and vijay swetz charts - my favorite six letter word rhonda yes charts swetz ::smile Art hi Kent swetz tied with stocks ::smile aw joined. BBob have we started? Gary_W yep got charts rhonda cookie too JohnF food?? Whit left. Whit joined. BBob swetz needs to tie the KNOT kent hey Art Gary_Fullett okay lets begin swetz lol rhonda Gary_Fullett any q? vijay Hello all ::rose swetz getting close Bob rhonda no q's Kelley no q's BBob you or KNOT swetz what chart first Gary? kent hey Art, it was colder here than in Nome, AK yesterday, lol swetz close to selling KNOT kent hey vijay rhonda whoo it is cold here too 26 this morning vijay hi kent Tom left. vijay hi swetzoroni Joe_K joined. JohnF see action in crocs today? swetz ::smile swetz yep BBob I hope you swetzinate it like grow Kelley hi Joe, just preparing for kick-off JohnF hey joe rhonda nice on Crox Joe_K mornen mang swetz lol, that makes two ::smile off us Joe_K everyone rhonda Hi Joe kent low was -2 yesterday, warmed up to 7 above for the low this morning, lol JohnF yes crox very big on the STALk list swetz lol kent swetz hi Joe Joe_K Hi Peter hi Joe Joe_K No kick off yet ? swetz what chart is first Gary? BBob I've identified my problem.. just not stalking and anticipating right Kelley not yet Peter anyone own BG stock? Gary_Fullett lets do the stocks ones swetz not me Peter Joe_K Dark Side first Gary_Fullett dwch Gary_Fullett i was told abotu thsi stock Joe_K ( putting on Storm Trooper gear ) Whit left. Whit joined. Gary_Fullett thought it was interesting Gary_Fullett soemone asked me to look at it Peter ok let's take a walk on thedark side ;) Gary_Fullett i want to deal with the action Gary_Fullett over the past 2 months Gary_Fullett on the weekly Gary_Fullett what do u see? swetz ::smile Kelley wekly correct/ Kelley ? swetz right Kelley ok, ty, lol Nick a stock with no volume JohnF good observation nick! Nick why would it be interesting kent small ranges, closes near the high, absorption Tom joined. Emile joined. BBob i was thinking eggs tonight.. calm Gary_W support at 2 resistance 3 Nick if we all buy 1000 share that would be more than the daily volume JohnF minor support 2.50?? swetz lol Nick Kelley lol kent Hi Emile, starting with the weekly DWCH stock rhonda SOS then a TR last few weeks Alvin joined. Gary_Fullett the volume i wouldnt consider on the wekely Emile thanks kent yw Gary_Fullett on cqg it dint show Nick I am serious, you could buy this and have trouble selling it, I wouldn't touch it Alvin Hi Gary rhonda whoops I was on daily sorry az COB in November vijay Wierd chart - Low colume. I am unable to draw any kind of channel swetz avg volume is just over 16,000 stocks swetz 16,000 shares Alvin which chart are we on kent Hi Alvin, starting with the weekly DWCH stock JohnF Hi alvin. Were on dwch weekly az Datawatch rhonda daily DWCH alvin swetz I NEVER trade these types of stocks Alvin ok Kelley dwch, weekly Alvin thanks kent yw Nick me neither swetz Whit left. Whit joined. swetz these are the same stocks that I get emails on - lol rhonda we had SOS met prior restance and is in a TR on daily vijay not good EPS performance kent lol swetz if anybody wants to buy this stock - I will be praying for you ::smile ory joined. Gary_W ok, which one of you picked this one? swetz or just buy less than 10 shares Gary_Fullett i wanted to show u set up swetz lol kent hey Ory starting with the weekly DWCH stock rhonda and has so much resistance ahead of it not worth the trouble Gary_Fullett not to trade it ory left. warren this is hi priced stock compared to some of emails I have been getting Gary_Fullett please please Gary_W ok gary, willing to learn swetz lol warren JohnF SOS/spring followed by absorption near creek. swetz sorry Gary Gary_Fullett I am looking at the set up swetz I couldnt resist Gary_Fullett not the particualr stock swetz ::smile Gary_Fullett i dont trade this Gary_Fullett take it as imb okay lol Gary_Fullett ibm swetz lol kent you can still see the wyckoff ory joined. swetz I see what you are getting at Gary ory Hey Kent swetz nice example of rally to Ice then absorption at Ice Gary_Fullett so we had Gary_Fullett a wide range Gary_Fullett of over 1 buck kent Hi Ory, starting with the weekly DWCH stock Gary_Fullett this must eb considered demand Gary_Fullett or a sos Gary_Fullett now look at the past 7 weeks Gary_Fullett what does this say about the sos swetz confirms SOS Gary_Fullett the retest JohnF confirmed, being consolidated nicely. Gary_Fullett was labored Gary_Fullett small ranges on the retst Gary_Fullett this is abosption Gary_Fullett and what we also call what? kent absorption ory Ty Kent Gary_Fullett anyone? Alvin jumping the creek Nick all five buyers absorbing the other five sellers kent yw JohnF lol nick. kent lol rhonda cause JohnF accumulation? kent good Rhonda :) rhonda ::smile vijay LPS Gary_W weekly closes have been at or near top Whit left. Whit joined. swetz springboard Doc_K lps Doc_K ? Nick lull before the storm Gary_Fullett looks liek a springbaord ory I could draw a small apex swetz ::smile ::ninja Gary_Fullett is this bullish behavior swetz yep BBob watch, it'll be up to 5 tomorrow lol JohnF how do you differentiate springboard from absorption?? Alvin yes Gary_Fullett look at april thru july swetz absorption is one type of springboard John Gary_W yes JohnF so its more important to just understand that its absorption though right... rhonda april thru july closes were at the bottom of the bar Gary_Fullett right rhonda Gary_Fullett also Gary_Fullett we didnt have a demand or a sos Gary_Fullett so thsi action swetz I think is important to know both John ::smile Gary_Fullett was after weakness Gary_Fullett the action now is after demand Gary_Fullett do u see this differnce very very IMPORTANT rhonda bullish JohnF Ill get on that. ::ninja rhonda yes kent yep swetz lol John Gary_W yes az y Art left. vijay Ques Gary Gary_Fullett the recent action si after demand Gary_Fullett or a sos Gary_Fullett the other small ranges Gary_Fullett was aftre weakness Gary_Fullett so there is yoru clue Gary_Fullett also Gary_Fullett look at the closes the past few weeks Gary_Fullett high end Gary_Fullett rhonda mentioned this as well swetz near the high Gary_Fullett good eyes Gary_Fullett yes v jay Gary_Fullett i wanted to show u absorption rcently Gary_Fullett vs the other small ranges Gary_Fullett that u may think sot Gary_Fullett april to july Gary_Fullett but no it was nt Gary_Fullett came from weakness Gary_Fullett now coming from demand Gary_Fullett this U must UNDERSTAND!!!!!!!!!!!!!!!!!!!!!!! BBob thanks BBob cob then? kent bean and meal margins have been increased: http://www.cbot.com/cbot/pub/page/0,3181,136,00.html ory but you cant tell untill the action starts Gary_Fullett well after the sos Gary_Fullett u can assume upside ory Gary_Fullett yes bob ory Hewlp Kelley beans kent? Gary_Fullett vjay q? Gary_Fullett do u all see this? rhonda Swetz is that a NR4 bar third bar in on weekly? Whit left. Whit joined. Peter y Kelley y rhonda yes ory Y warren y az y Alvin y vijay When in springboard, the stock will more "very soon". Do you expect a movement on this soon? How can you say that? The sideway movement might continue forsome more time. So even though I agree that this is absorbtion, I find it hard to call it springboard swetz yep Rhonda rhonda ok Thanks vijay pardon my grammer kent yes Kelley vijay had to type such a long sentence!!! vijay :) Kelley ty sir kent yw :) Peter can't tell timing, but there was a COB after the SOS bar Gary_Fullett why do u think the sideways action will be a long time? vijay dont know vijay cant say Gary_Fullett i cant say either way Gary_Fullett what i can say si this Gary_Fullett we had a demand rally Gary_Fullett probbally a sos vijay so how can it be on springboard? Gary_Fullett and that the high range closes Gary_Fullett near the creek area Gary_Fullett says to em Gary_Fullett me Gary_Fullett a probale springbaord handles joined. Gary_Fullett because we had dwmand right Peter need to see how it acts at $3, if still absorbing, it could joc JohnF hi handles were on weekly DWCH Gary_Fullett and it was 1 week Gary_Fullett and now 7 weeks near creek Gary_Fullett with no supply Gary_Fullett why not? handles thanks kent hey Handles Kelley hi Mr. L. Handles Nick If we all buy 1000 shares and trade as a group we could be CM's rhonda if JOC could buy the retest if you do not trust the springboard swetz I was thinking that too Nick ::smile handles hey guys JohnF ::ninja swetz hi hhhhhhhhh ory Y rhonda az hi handles kent hey handles, the margin for beans and meal have increased : http://www.cbot.com/cbot/pub/page/0,3181,136,00.html rhonda this chart couldn't go too much lower I say bullish rhonda Hi Handles az $20 stock in 1996 handles left. handles joined. rhonda wow ory couldt it retest the sos Dave_M joined. vijay Ok Gary. Thanks Gary_Fullett okay q on weekly rhonda no ory Ty Gary vijay no Kelley no q's swetz no ory swetz not if true SOS Gary_Fullett daily chart ory O.K Gary_Fullett what do u see here Gary_Fullett look at the low Gary_Fullett that we also sw on the daily Gary_Fullett what do u see vijay spring on 1/11/07 Gary_Fullett what can u say about this ype of behavior swetz very wide range bar, very high volume swetz close at high Alvin spring swetz demand is definitely present Peter looks like a possible SC rhonda demand Gary_W previous resistance of oct-nov is now support Gary_Fullett this si an example of VOB!!!!!!!!!!!!!!!!!!!! JohnF reaction from sos on lower volume vijay VOB=COB? JohnF volume off botom JohnF bottom Peter Volume of the bottom swetz VOB = volume off bottom vijay oh vijay didnt now this term!!! Kelley = demand Gary_Fullett right? swetz but it is a type of COB ::smile swetz yep Gary_Fullett see an example of what amos talked on rhonda yes kent somebody must have covered their shorts, lol JohnF When its grinding down to lower lows on smaller ranges like that is the CM just trying to test patience Whit can also see a nice SOT on the trip down, especially in mid nov Peter why would you call this VOB and not SC? JohnF then probe stops and move up? swetz was short squeeze Gary_Fullett what was volujem? swetz ::smile swetz over 100,000 swetz shares Gary_Fullett well i was going to emtnion that whit in passing swetz highest in many months Gary_Fullett the small ranges Gary_Fullett was NOT demand Gary_Fullett but was a lessening of the down Gary_Fullett so needed ending acton Gary_Fullett lack of supply Gary_Fullett and needed demand to turn up Gary_Fullett and u got that JohnF ok I see. Thanks gary vijay but really.. who is buying this stock? ory CM kent the action in July and August with the sharp down and sideways action indicated that there was more down coming Gary_Fullett who cares who ory Correct JohnF stock may not be one you will buy but good chart gary. vijay dont care... just curious Gary_Fullett so after the vob Gary_Fullett and demand Gary_Fullett whjat do u ahve next Gary_Fullett voluem si high as well Gary_Fullett u ahve ixce at 2.50 Gary_Fullett and a spring of that 2 days ago az absorption until more demand swetz pullback to creek now ice at 2.50 JohnF on lower volume Gary_Fullett i think so az swetz a little spring 3 days ago swetz ::smile JohnF pull back is on lower volume I mean. ory it just hads a spring Kelley building cause az that VOB is a heads up, maybe somebody knows something, company being bought, something like that ory All of the above kent AZ!!! az Hey Kent!! swetz Nick and I are going to be CMs in this stock ::smile Gary_Fullett so 250 ice az lol Gary_Fullett and we watch both daily and weekly Nick and Rhonda Gary_Fullett i knwo a low priced stock Gary_Fullett and prob shouldnt be traded az and AZ Gary_Fullett but i wanted to show the wyckoff there kent we could probably push it up a bit, lol rhonda lol BBob would 7/25 be some ps? az I remember when Sirius was at 50 cents, traded it and got out....too bad ory interesting story Gary_Fullett sugar Whit You might be too late, Swetz. My grandmother got most of the float on that one (she was buying off the bottom!) Gary_Fullett but any q on the stock first? rhonda lol Joe_K I see a SOS and SON ory TY rhonda no q's handles sugarrrrr kent lol Whit Kelley Gary, Bob had a q Joe_K ( Sign Of Swetz & Sign Of Nick ) swetz lol Whit Joe_K :) rhonda what is SON? rhonda ok lol az lol JohnF bob was asking if big bar in late september a ps? BBob was wondering if 2.50 back on 7/25 is ps swetz lol JOe swetz Joe BBob in that case we now may have lps JohnF oopz i ment late july Gary_Fullett sugar BBob at 2.50 again Gary_Fullett what do u see here Gary_Fullett btw i want to remind u JulieH joined. Gary_Fullett amos will be ehre tommorw night ory only a trading range kent hey Julie, just starting the sugar daily chart Gary_Fullett so will eb good Gary_Fullett look at the low Gary_Fullett early oct Gary_Fullett this was a soem type of low ory Y Gary_Fullett so maybe forming some ice support Peter after a possible SC in October, there was demand, then a painfully slow TR :) rhonda is that weekly resis? anybody ory but no breaking actoin Gary_Fullett daily Gary_Fullett so we have a traidng range Gary_Fullett 1260 to 1065 area Gary_Fullett see this Peter y kent y Whit y Nick yes rhonda Gary_Fullett it si drawn for u rhonda yep Thanks Nick ory Y vijay what a wonderful TR!!! JulieH left. az y Peter easy for you to say Vijay, hard to trade :) vijay right :) vijay Ques Gary JohnF Yes the closes seem mixed, but see many lower closes. kent tested the low today, not that great a reaction ory it closed at the high,, so spring is unlikely Whit can see some demand in this range, though JohnF it reacted so seems to be forming ice. az absorption? Whit vol & spread increases on the rallies rhonda Kent wasn't the close OK? today Gary_Fullett yes v jay Peter spreads closed positive today, the close was decent acter earlier action Gary_Fullett look at the volume kent yes, in upper 1/3 Peter after vijay There are 3 lows inside the TR. Could we draw another support line by joining them? Gary_Fullett 5 days ago volume picke dup Gary_Fullett and today as well Gary_Fullett yes u can Whit also, holds a few times above 1100 vijay Another ques.... Larry . Gary_Fullett yes please rhonda ok Thanks kent kent look at the open interest, very high, ripe for a short covering bounce Peter yes Vijay TRs within TR, that's what makes it difficult to trade Gary_Fullett yesterday small range kent yw :) vijay If we draw that line, can we call the recent down movement a POSSIBLE shakeout of the support? Gary_Fullett today a probe lower Gary_Fullett then higher Gary_Fullett this to me will move higher Gary_Fullett yes a spring yes v jay Whit Gary, you could buy light in here? Gary_Fullett today could be a spring of 4 days ago Whit add on a SOS Gary_Fullett yes risk is 25 points whit ory Y wouldnt one wait for the action to begin Whit goog risk/reward JulieH joined. JohnF if you were to trade NOW, then just drop down to smaller timeframes and look for good setups. kent yes, good risk/reward now Gary_Fullett over last weeks high add whit vijay Peter - I called this TR wonderful as every rally inside the TR volume went up and every reaction volume decreased !!! ory so its accum vijay Expect for the last reaction... Gary_Fullett the closes for the most part have bene high range Gary_Fullett the past 5 days Joe_K I mentioned one could have bought 1200 calls Joe_K Jul Gary_Fullett this to em is short temr accumualtion Gary_Fullett as they dip lower Joe_K cheap way to be agressive Gary_Fullett and come abck late in the day ory Ty Gary Whit vol increases in Jan, but the effort isn't being rewarded on the downside Joe_K I wish front would have taken out 66 Gary_Fullett remeber Gary_Fullett tis sia tr Joe_K But oh well Gary_Fullett since oct Gary_Fullett the cause is good Larry . Gary_Fullett the market si coming from overall weakness Joe_K Jul sprung ory lots opf cause building Gary_Fullett but on the longer term charts this si a reets of support kent reets = retest Whit thanks, Kent JohnF Where would you place stop gary? how far below support? kent yw Whit :) ory good Q Gary_Fullett i would place it about 25-30 points Gary_Fullett in cas eof a spring Whit (had no idea on that one ::smile ) JohnF is that just a "feel" of how the market trades and try to keep it under a spring. Gary_Fullett exp john Gary_Fullett also Gary_Fullett far enough away Gary_Fullett so if the stop gets hit Gary_Fullett I am just dead wrong Gary_Fullett if u place oo close Gary_Fullett then Gary_Fullett u can get jabbed out Gary_Fullett be stopped out Gary_Fullett and miss it Gary_Fullett as it makes the spring Whit you could buy calls here too? JohnF yes i see. ty. ory Y Y rhonda whoops I meant support not resistance earlier, Sorry, Nick knew ::smile lol Nick thought you meant support rhonda Thanks Nick Gary_Fullett u can whit Gary_Fullett i dont like buyign options for the most part Gary_Fullett rather sell puts Gary_Fullett and buy futures ory Y Gayr wouldnt one wait untill it broke resistance Gary_Fullett just my style Gary_Fullett u can ory Nick what I am concerned with is the three weeks of lower highs and lower lows Whit OK Gary_Fullett and wait for more confirmation Gary_Fullett but u increase risk ory Gary_Fullett well true nick Nick I think I would want to see a close above 1118 before I would be a buyer ory O.k Gary_Fullett but at a retest of suport Gary_Fullett i think 1 can eb agressive Peter the problem with calls is the time factor...this has been a very long TR Gary_Fullett that would eb moreproper Gary_Fullett to wait Nick In this market I prefer the waiting game Peter agree either trade the TR or wait kent very low risk here though Nick Gary_Fullett and i cant blame u nick Gary_Fullett im just poitning out what i see here Gary_Fullett risk to me is defined here Nick I know that Gary, just wanted to add another perspective ory So we identiy TR and buy a bunch of calls Joe_K Peter 1200 Jul calls were little over $300 Joe_K today JohnF buy support, sell resistance ory. Joe_K Cheap soldier ory thats it Joe_K to have in place Gary_Fullett i think always more proepr Joe_K should she run ory Ty Gary_Fullett to wait for confirmation Gary_Fullett sometimes mroe risk Gary_Fullett BUt more proepr Gary_Fullett to confirm JulieH So if I wanted to buy Mar corn is it a good idea to see if it goes back to top of creek? I think that was said to be 393? handles yes julie.... handles but corn hasnt let us in on those setups....so look for area handles and reaction around there Joe_K 393-400 handles thats my feeling JohnF and jugde its reaction as it goes, touches or passes creek. handles right...... handles like joe said Gary_Fullett yes julie Gary_Fullett more safe handles meal 202-207 Gary_Fullett more defined handles area Peter I understand Joe, you could have bought July future for less than 1080 and just wait too ;) Joe_K If Corn is good should hold the Creek and react well from it Joe_K But risk is greater Joe_K Peter Gary_Fullett todays action ' form the lows was decent Joe_K Try owning 6 Futures Gary_Fullett if the amrket si constructive Joe_K at 300 Gary_Fullett like i think we will gap tommorw Joe_K each JohnF on smaller timeframes you mean gary?? Gary_Fullett or be up 20-30 Joe_K lol handles anyone know if raising margins is neg/pos for futures....prices? Joe_K When Sugar confirms a Spring Joe_K Go Futures Joe_K then Peter lol I understand, time will tell which is better, I prefer futures, you prefer calls, part of niche :) Gary_Fullett on the daily ory correct joe Gary_Fullett but the wekely and monthly aere okay to em as well Joe_K I prefer the right tool for the situation Joe_K Would rather always do Futures Joe_K yes Joe_K But on markets I like ory because ? Joe_K and at least want something IN there Gary_Fullett beans Joe_K Calls a logical leverage choice Gary_Fullett what do u se here ory I agree kent increase in margins means they have had or expect more volitility, Handels handles possible UT or JOC? ory can one put in a limit buy in Gary_Fullett in an uptrend handles i know....but reaction to that kent is my question handles y Gary_Fullett do springs fail or sucessful? handles succesful Larry re-accum TR, 3 tests of 6600 support, SOS , now backup to creek or UT ory to get in on the move handles eom is up az in uptrend successful JohnF successful "because trend is up" Joe_K succeed most times ory both Larry succeed usually in uptrend JohnF is second spring considered a retest?? Kelley si ory posssibly Gary_Fullett okay Gary_Fullett so we have ice Gary_Fullett at 650 ory or another spring handles 650 Gary_Fullett and several small springs there Gary_Fullett see this handles yes Gary_Fullett so the action on friday though kinda suprsing Gary_Fullett was not so unepected Gary_Fullett the market had a spring 2days before that handles right Gary_Fullett and u said to em that springs work in uptrend Gary_Fullett the magnitude was large but not the action Joe_K ?? handles dont work.....is what he meant i think Joe_K 65 cents decent action Joe_K lol Kelley y Joe_K reaction Gary_Fullett springs are sucesfull in uptrneds handles yes they are Gary_Fullett so where is support now\ Larry 70 handles 695 area handles to me swetz 700 Gary_Fullett why 700? Gary_Fullett if bulish what would u expect? swetz most recent resistance point broken Joe_K 693-706 Creek Joe_K 690-706 if you like swetz creek is area from 700 to 710 Gary_Fullett 1-3 day pullabck Kelley would expect demand to come in handles yes Joe_K go to far Left see the 1st His top of TR JulieH Joe is that Mar Beans? Gary_Fullett to a retest of broken creek Joe_K 690's ? handles yes julie Joe_K That starts Creek up there JulieH ok handles can we expect a half back from last rally? rhonda question minor creek 7200ish? handles if so.....then 695 area is proper Joe_K 690-93 to 702 az logical Handles Joe_K Layered Gary_Fullett where si the risk on the long side? rhonda smi cd sais major minor creeks, is why Joe_K Creeks are "Band" of Prices rhonda creeks are where supply floats along Joe_K Well this is Daily Joe_K Major goes up in time frames handles risk on the long side is 15-20 points now Joe_K for signicance Gary_Fullett do u think today was supply? handles no handles not at all Gary_Fullett why noit Gary_Fullett broke vijay no volume handles narrow range bar inside day kent no handles lower volume vijay and small bar handles more like absorbtion swetz I dont think supply today Gary kent range was too narrow kent also closed off the low Gary_Fullett good Joe_K choppy labored back swetz I guess could place stop below the demand bar Gary_Fullett why not? Gary_Fullett kent good points Gary_Fullett was a portion kent ty :) Gary_Fullett of the raneg on friday Gary_Fullett and look at volume swetz low volume Gary_Fullett very small Gary_Fullett yes handles yes Joe_K 1/3 of move almost kent about 1/4th of the range from Friday handles this continues..... Joe_K But chop Gary_Fullett so 700 to 690 would eb a buy here Joe_K controlled break kent yes Whit if you bought at 70, where would the proper stop be? Joe_K Y Gary Joe_K under creek kent under 690 Joe_K stop Whit below 66 area? ory 68 Alvin undr spring JohnF below 67 perhaps? vijay "Where is the risk on the long side" - didnt understand the question Gary. Are you aksing where the stop should be? Tom left. Gary_Fullett tome Joe_K you can place 79 1/4 Gary_Fullett under the ow of friday Joe_K stop Gary_Fullett low Joe_K on that ory why Joe_K Pat the Creek bottom a dime Gary_Fullett but prefeably Gary_Fullett under ice support handles 677 area Whit thanks Gary_Fullett why do i say that large? handles thats far away Gary_Fullett because u ahve a market Gary_Fullett at an historically high level for this time of yr Gary_Fullett plus Nick might as well bo below ice, if you are going to use the wide range day Nick give it some room Joe_K Well we saw 2 springs already so she may be a springer Gary_Fullett and u want room for volitlity Gary_Fullett right nick Gary_Fullett ay 400 beans Joe_K May run over 700 a ways Gary_Fullett not that alrge Gary_Fullett large but up here yes Joe_K come back check Demand Supply status Joe_K If your positioning it Joe_K pat the Creek a dime Joe_K ya cant lose Joe_K Win/Win trade Joe_K She really rambles bring stop on up Joe_K leap frog style Gary_Fullett q on beans Joe_K Here we are in day 3-4 Gary_Fullett amkes sense Joe_K too Gary_Fullett se the spring ory TY Gary_Fullett lack of supply ory coffee ?? vijay Yes Gary. Ques Joe_K On valid JOC your generally wanting this zone to HOLD confirm JOC or UT is coming, we should know 3-5 sessions ory I'll wait on coffe Joe_K The action saying JOC is god Joe_K good Joe_K so far Gary_Fullett yes v jay vijay I dont understand the stop below ice. If it does come down to the spring area, the validity of the SOS is gone.. vijay in fact if it comes down more than 50%, validiy of the SOS is gone Joe_K Then you exit at Creek Joe_K not proper Joe_K up to you Gary_Fullett why do u say more then 50 percent sos is gone Joe_K Creeks and Ice are "shields Gary_Fullett wjat if we take 7 weeks to retest Joe_K Utilize them Gary_Fullett and 1 day to rally Gary_Fullett the sos is gone? swetz it can go below 50% and still be vallid SOS Gary_Fullett who says that abut 50 percent? rhonda SMI cd Joe_K Its already SOS vijay well.. I thought the 50% was pretty imp level Joe_K took out June 05 Creek too vijay not sure Gary Joe_K 650's swetz I think you will see that the best SOS have LPS that stay above the 50% level swetz but, there are examples where LPS occurs below 50% level swetz in the course Gary_Fullett not to wyckoff Gary_Fullett was a ghuide swetz its on that SMI CD as well rhonda its on the CD Gary_Fullett well yes beter ones I agree swetz Gary_Fullett but they can retest more swetz right Gary, I agree with you Gary_Fullett the kless of a retest Gary_Fullett the stronger the market swetz there are examples that support what you are saying Gary ::smile Gary_Fullett doesnt let the shorts out Gary_Fullett and the buyers buy at thier priice Gary_Fullett thats why u dont want to make rules Gary_Fullett and watch amrketa ction swetz this is important to understand Joe_K 712-728-738-757 Joe_K all layered next res Joe_K Beans Joe_K Monthly danger zone kent kless = less ory say more Gary Please Joe_K So its not just buy and your good here swetz in course says is good idea to look for LPS that have substantially less volume compared to SOS volume and ranges much less compared to SOS range ory Y swetz and if LPS can stay above the 1/2 point that is good too swetz but not necessary Gary_Fullett yes ory swetz there are NO set rules ory depnds on the volume Joe_K If we get on top 760 make some Ice there We can really run swetz just characteristics too watch for swetz ::smile Joe_K But make no mistake 700-760 should be a battle Joe_K zone ory Why dont one want to make rules ory isnt this wycoff Joe_K Wyckoff has rules but schematics are gen guide kent because not everything can fint into a neat little box, CM are too smart for that Joe_K You may not get picture perfect scenarios Joe_K But trade along the guidelines Gary_Fullett because w ewatch market aciton ory true JohnF every trader has their nitche ory you can make rules based on your experiences. ory o.k. swetz sorry, really meant mechanical rules ory o.k. Gary_Fullett we have defined set ups Joe_K Think more in rules as Priciples Gary_Fullett but these are amrkets swetz yes rules are important Gary_Fullett so the market guide us Gary_Fullett we dont predict Joe_K Then Models Gary_Fullett we observe Gary_Fullett and make decisons base don the markets behavior Joe_K Accumulation and Dist are Didtinct things JohnF observe and judge actions off suppport/resistance. Joe_K Distinct ory I got it TY Gary Joe_K BUT there is re-accumulation and re-distribution Gary_Fullett good ory and Joe Joe_K too Joe_K Your primary focuss is this Joe_K Strength or Weakness Joe_K and sustainability Joe_K through Vol Gary_Fullett cortton Gary_Fullett cotton Gary_Fullett look at the tr here Whit rules important in set-ups, but more important when it comes to your behavior handles cottonnnnn Gary_Fullett look at 40 area Gary_Fullett thjsio was the AR rally Gary_Fullett in 2002 Joe_K lol great point Whit Gary_Fullett then we had a joc at 40 Joe_K I like it Gary_Fullett see this swetz right Whit - excellent comment ory small TR going to resitance Gary_Fullett i mean dont ahve a rule Gary_Fullett to sell 1 tixck unde rice Joe_K Kent alert Joe_K lol kent rice = ice kent 1 tic under ice kent :) Joe_K :) JohnF gj kent! handles y kent lol, ty John Gary_Fullett so we dont have a rule handles cotton Joe_K Guys 1 note Gary_Fullett but we must have a disipline Joe_K When we do Daily, please look at weekly and Monthly at night too ory That I agree with Gary Gary_Fullett so now cotton formign a tr Gary_Fullett above 4000 Joe_K See the big pictures Gary_Fullett crek now ice JohnF Whats crek mean kent?? handles creak handles creek handles sorry Gary_Fullett creek JohnF ::biggrin kent creek handles yes gary we see this kent :) ory Y kent nt creek 51.80 Gary_Fullett so we are now ina higher tr Gary_Fullett with cause Gary_Fullett 60 creek Gary_Fullett 40 ice Gary_Fullett 3 yr cause Gary_Fullett larhe move Gary_Fullett to me Gary_Fullett the move kent larhe = large Gary_Fullett from 2002 to 2004 Gary_Fullett was a sos Gary_Fullett sign of strnrghth Gary_Fullett and now this si juts a retest Gary_Fullett just Gary_Fullett do u undeerstand the sos Gary_Fullett over the yr kent y ory Y Y handles y Kelley y kent I would have expected 50 to hold on the retest.... kent cotton = devil weed, lol handles lol Gary_Fullett so tis market is very bullish to me Gary_Fullett thsi tr is accumaltion to me Gary_Fullett any quesitons? kent agree Gary_Fullett btw amos tommorw night rhonda no, thanks Gary Gary_Fullett doign mroe charst i beleive kent doing more Gary_Fullett more Gary_Fullett okay ory GReat Gary_Fullett if u ever have a chart to review pleas eask Gary_Fullett we are also here day time Joe_K Good stuff Gary JohnF question on large bar 04 Gary_Fullett 7 am to 315 pm cst handles thanks gary Gary_Fullett the down bar? swetz nify stuff Gary JohnF it had lack of follow through?? ory Coffee next time around Gary_Fullett part of the retets JohnF so bullish. Gary_Fullett and no follow thru Gary_Fullett yes john Joe_K Great class Sat too Swetz Whit great charts tonite JulieH my head is going to explode Joe_K !!!!!!!!! swetz thx you sir Dave_M thanks gary JohnF ok thanks gary. swetz ::smile Gary_Fullett tryign to send charst that shw wyckoff Joe_K :) Gary_Fullett just not fav ones kent lol Julie Gary_Fullett charst that show Emile ty gary rhonda Swetz u talking this Sat too? JohnF at the time though I think it would make me worried because of large bar and break of 50. Gary_Fullett and example of wyckoff JulieH tooo much input\ Gary_Fullett ty emile swetz maybe rhonda Gary_Fullett be here tommorw night Gary_Fullett with amos Gary_Fullett long term charts Whit yes, excellent class on sat by swetz for stock traders JulieH Thanks Gary Joe_K Yes Rhonda we got to use Swetz all up before he starts Taxes Kelley ty Gary swetz thx Whit Joe_K lol vijay thanks Gary Joe_K shhh ory TY Gary Joe_K :) Gary_Fullett ty see u all tommorw mornign JohnF lol swetz lol Joe Gary_Fullett or tommow night Peter thank you Gary, good night everyone JohnF thanks gary JimC left. kent try reading some of the archives Julie, the ones up at the top of the archives, lots of good basic info there Whit i learned a lot JohnF good class! swetz gn Gary - thx as ALWAYS Gary_Fullett me too whit ty warren thanks Gary JohnF see you tomorrow vijay Good night all ::eye rhonda Swetz has always been my mentor!!! ::smile Gary_Fullett learn every night i do charts Gary_Fullett ty Kelley gn Peter, good night Folks, ty JulieH I need to Kent Gary_Fullett all u r all apprecaited ory Goodnight All rhonda Night Vijay Gary_Fullett left.