Topped ? The Weekly chart certainly displays an inverted H&S like reversal formation (AB in EW) rather than an ABC formation â higher prices to come as AG is currently indicating on the Monthly. 72 is the mid point between 55 and 89 and one of the numbers I use in fx Bar Counts. While the Lucas number in the fibo ratio series is 76, 72 like 36 is a product of Lucas number 18 and both are significant as a trend change can occur at those BC. Note the Fibonacci BC on the Monthly. Coincidentally '72' is where gold has currently topped out â $720s, hitting the 76.4% Retracement of the all-time high.
It kinda looks like one of those spirographs kids would draw patterns on...I got a circle diamond on the MSFT daily, buy! buy! buy!
U.N. Security Council sanctions Iran over nuclear program PrintEnable live quotesRSSDigg itDel.icio.usBy Steve Kerch Last Update: 12:32 PM ET Dec 23, 2006 CHICAGO (MarketWatch) -- The U.N. Security Council unanimously agreed on Saturday to impose sanctions against Iran for its nuclear program, the Associated Press reported. The agreement came after months of difficult negotiations and only after Russian President Vladimir Putin called President George W. Bush Saturday to discuss the vote, the news agency said. The final draft of the agreement calls for all countries to ban the supply of specified materials and technology that could contribute to Iran's nuclear and missile programs. It also imposes an asset freeze on key companies and individuals in the country's nuclear and missile programs named on a U.N. list.
is there any 'actual' reason why people think the fibonacci sequence has any relevance to market movements? other than how it sounds italian. iv never done any research into it, but intuitively there should be no relation between the two.
I used to live in California for a bit in my younger years and that gives you a lesson on how people really speak in the world. Everyone speaks sideways. In NYC, everyone speaks very directly and to the point. NYC is an exceptional place however. No one talks like that outside of the tri-state. Everyone talks in code in all the other places. Bush is a stubborn man and does not negotiate which is bad. Reagan said he did not negotiate, but in truth he did negotiate. He negotiated with Iran many times. He supported both Iran and Iraq as a hedge. In the below message, the Iranian President is really stating that the US will regret imposing sanctions. He will make further trouble for them in Iraq and more US soldiers will die unfortunately. As much as I do not support the Iranians, I know them very well and what they are capable of. These are the same people who were not afraid to send out thousands of children through minefields to clear them. These are the same people who have provided weapons and training to the insurgents in Iraq since 2003. These are the same people who sent out soldiers in human wave style attacks during the Iraqi war. I support the Iranians as much as the local mafia in NJ. I dont like the mafia, but I know that they are ones not to mess with. George Bush has opened up yet another can of worms and, unfortunately, the victims of this can will be some young national guard soldiers from Kansas and the American consumer. I dont think you seriously believe that oil will go to $50, I know your just razzing me. Oil was cheap under the Clinton administration because he was a good world player. He knew how to play nice. George is one of those kids on the school playground that just cant seem to get along with the rest of the group. As long as George stays in power, oil can never be cheap. Iran's leader: U.N. will regret nuclear sanctions Story Highlightsâ¢NEW: Iran says it will change relationship with U.N. nuclear watchdog group â¢Iran's president says U.N. nations will regret imposing sanctions â¢Resolution bans supply of materials, technology helpful to nuclear program â¢Freezes assets of key firms, people tied to Iran's nuclear and missile programs TEHRAN, Iran (AP) -- Iran on Sunday vowed to push forward with efforts to enrich uranium after the U.N. Security Council imposed sanctions designed to stop the country's disputed nuclear efforts. Iran's hard-line President Mahmoud Ahmadinejad said the Security Council would regret voting in favor of the sanctions, saying he was sorry the West lost its chance to make amends with Iran. "I am sorry for you who lost the opportunity for friendship with the nation of Iran. You yourself know that you cannot damage the nation of Iran an iota," the state-run news agency, IRNA, quoted Ahmadinejad as saying. (Watch why Iran's next move could include kicking out U.N. nuclear inspectors) Ahmadinejad also said the United Nations must accept Iran's nuclear program and warned that sanctions would not harm his country. "You have to accept that Iran has the technology of producing nuclear fuel. And it will celebrate it in coming anniversary of the 1979 Islamic revolution in February. You, resorting to these sort of activities, cannot achieve anything except dissolving your reputation," Ahmadinejad was quoted as saying. On Saturday, the Security Council voted unanimously to impose sanctions on Iran for refusing to suspend uranium enrichment, increasing international pressure on the government to prove that it is not trying to make nuclear weapons. (Watch ambassadors give reasons for the sanctions) Iranian Foreign Ministry spokesman Mohammad Ali Hosseini said Iran pledged to change its relationship with the U.N. nuclear watchdog, the International Atomic Energy Association. "We are not obliged and it is not expected that cooperation with the IAEA continues in the same former level," Hosseini told reporters. He did not provide details about what would change. Iran's parliament on Sunday voted to urge the country's administration to revise its cooperation with the IAEA. Many legislators chanted "Death to America" after the vote. "The government should seriously and strongly continue the important issue of peaceful nuclear technology with prudence and foresight. It should never accept such illogical pressures," more than 200 legislators said in a statement read on state-run radio. (Watch why Iran won't give up its nuclear program) Resolution: Don't ship nuclear materials to Iran The U.N. Security Council resolution -- the result of two months of tough negotiation -- orders all countries to stop supplying Iran with materials and technology that could contribute to its nuclear and missile programs. It also freezes the Iranian assets of 10 key companies and 12 individuals related to those programs. (Full story) If Iran refuses to comply, the council warned it would adopt further nonmilitary sanctions, but the resolution emphasized the importance of diplomacy in seeking guarantees "that Iran's nuclear program is exclusively for peaceful purposes." Iran insists its nuclear program is intended to produce energy, but the U.S. and European nations suspect its ultimate goal is the production of weapons. Ahmadinejad also downplayed the resolution, saying it would be the Security Council that regretted it, not Iran. "This will not damage the nation of Iran, but its issuers will soon regret this superficial and nil act," he said, speaking to a group of war veterans from the 1980-88 Iran-Iraq war at the former U.S. Embassy in Tehran. ('Piece of torn paper will not scare us.') The United States has said it hopes the resolution will clear the way for tougher measures by individual countries, particularly Russia. U.S. wanted tougher resolution The Bush administration had pushed for tougher penalties. But Russia and China, which both have strong commercial ties to Tehran, and Qatar, across the Persian Gulf from Iran, balked. To get their votes, the resolution dropped a ban on international travel by Iranian officials involved in nuclear and missile development and specified the banned items and technologies. It says the council will review Iran's actions in light of a report from the head of the IAEA, requested within 60 days, on whether Iran has suspended uranium enrichment and complied with other IAEA demands. It also says sanctions will end when the board of IAEA confirms that Iran has complied with all its obligations. The six countries trying to get Iran to curb its nuclear program -- Britain, France, Germany Russia, China and the United States -- offered Tehran a package of economic and political incentives if it agreed to suspend uranium enrichment. But Iran refused and rejected an August 31 council deadline to freeze enrichment. Iran: 'Full speed' on nuclear program Earlier Sunday, Iran's top nuclear negotiator Ali Larijani said the resolution made his country more "decisive in realizing our nuclear aims." "From Sunday morning, we will begin activities at Natanz -- site of 3,000-centrifuge machines -- and we will drive it with full speed. It will be our immediate response to the resolution," Iran's Kayhan newspaper quoted Larijani as saying. Iran first showed its ability to enrich uranium in February, when it produced a small batch of low-enriched uranium using a first set of 164 centrifuges at its pilot complex in Natanz. Iran has said it intends to move toward large-scale uranium enrichment involving 3,000 centrifuges by late 2006, and then expand the program to 54,000 centrifuges, which spin uranium gas into enriched material to produce nuclear fuel. Copyright 2006 The Associated Press. All rights reserved.This material may not be published, broadcast, rewritten, or redistributed.
the real value of oil is no more than $50 but the Bush family and cohort will make sure they take advantage of this news and milk the consumer out of every penny they can get.