What can we say, markets are dictated by nominal currency bud. No one can fight Ben Bernanke, even his younger son Jamie Dimon can only argue with him, like a child telling dad to F*@K off.
Actually, I was never trying to "call" anything - my only real goal has been to illustrate how completely wrong and lacking your "technical analysis" skillset and interpretation truly is. Turns out that you are a really, really good fade.
NO!! It's short covering. It has nothing to do with this. It's just short covering! Listen to grand. He knows why the markets are rallying and why they sell off.
When this rallies 100 ticks, we'll find out: "This wasn't a trade. TROLLS who don't understand technical analysis won't understand this."
March 27, 2012 This doozy recorded for posterity. [color=light blue]January 20, 2012 TILT2 (multinic sockpuppet) 'Looks like the Euro Crisis is over'[/color]
SPX weekly showing two rising wedges and (green) megaphone with risk of waterfall sell off. http://stockmarket618.files.wordpress.com/2012/03/2012-03-24_spx_wk2.png