ord joined.  
 Milo and they aren't buying back shorts if the OI went up....strange 
 ord Test 
 Milo how your beans look Kyle? 
 Gary_F 388  
 Gary_F was prev creek now support cz 
 ord Hi Gary 
 ord ARe the charts Posted? 
  mhh joined.  
 yoohoo beans are looking a little better with the dryer weather this week 
 Art y 
 Gary_F yes charts are posted 
 wes grains choppy today 
 Gary_F for Mr ords lecture 
 ord Thanks 
 Gary_F for newer folks Mr ord 
 yoohoo choppy.....or toppy? 
 wes mostly beans 
 wes :) 
 Gary_F lectures on wyckoff and his style of chart on friday morning 
 kent 82.70 
 kent dxu 
 Gary_F so please let have Mr ord have the floor 
  mhh left.  
 Davidb out wht small loss 
 ord There are a couple of interesting charts that have intermediate term signs 
 YG crazy stupp huh db 
 bcb beans corn crop conditions improve Monday 
 Milo seems usually when processor can see the end of the tunnel in bean ownership is the top in beans....not there yet...but close? 
 ord The first chart I want to go over is the XLF pattern compared to 1998 SPY pattern 
 ord This is called Pattern recongistion 
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 ord Its something like Head and Shoujlders, Flags and so forth 
 ord I have comparted the Swings of the 1998 SPY pattern to the current XLF pattern 
 ord And swing for Swing this pattern matched up perfectly 
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 ord The rally up to the current high match the rally back into 1998 and what comes next is a steep decline if the pattern continue to "Ryhme". 
 ord Therefore the high in XLF a couple of days ago may have been an important high 
 ord I'm trading this pattern but using FAZ which is Triple short the XLF 
 ord Moving on to the SEcond chart is the SSEC (Shanghai index) and compared that to SPX 
 ord It seen that SSEC leads SPX 
 ord SSEC bottom first (bottom in 11/08 where SPX bottom in 3/09)  
 ord and SSEC topped first (Shanghai topped in 8/09 where SPX topped in 4/10) 
 ord A bearish "Death Cross" (50 day ma closes below 200 day ma) in April 10 on SSEC and whoudl have bee a good short signal for SPX 
 ord The third chart is a closes view of SSEC 
 ord back in May a bearish flat bottom Right Triangle formed. Right Triangle normally break to the flat bottom and which this one did 
 ord I don't have volume on this chart but it looks like a "SOW" was present when it broke through the lows as there was a long down candle 
 ord Then after the break down SSEC rallied back to the breakout area which is resistance 
 ord and it appears the resistance is holding and should again start down 
 ord Normally consolidation show up at the 1/2 point of the move and if that is the case here then would give downside target to near 1750 range which is the November 08 low 
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 ord If SSEC is going down and most world market trade in similar fastion 
 ord Are there any questions? 
 Gary_F great stufff to review 
 ord Thanks gary 
 Bill well said 
 Ory looks good to me Thanks Tim 
 Gary_F folks time has a great understanding on trading 
 ord Thank you 
 Gary_F and does very well with his work 
 brad tim 
 Gary_F time what is yoru webiste? 
 Gary_F the URL please 
 ord WWW.Ord-Oracle.com 
 ord Thanks everyone and see you next week, All the Best, Tim 
 Ory and the same to you Tim 
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