came in at 5.24 m, above 5.0 m expected.

thanks, it's great having you around!

Breaking out... what's volume like?

Could somebody please post the high of the 5 min candle which began at 15:25? TIA.

any market movers?

your insights are invaluable. Thank you!

Thanks also to everyone else that posts here - all of it is informative and often helpful.

Ravun gets his wave 5 and then what, you ask? Then Ravun breaks out a celebratory bottle of Scotch and proceeds to get absolutely legless that's what, I reckon. I might do that too, come to think of it! :o)

initial claims 627k vs exp. 600k

GDP -5.5% vs exp. -5.7%

*hick* who, me?

Retesting bottom of flag.

Stocks to Resume Bear-Market Rally, Prechter Says


By Elizabeth Stanton

June 18 (Bloomberg) -- U.S. stocks will soon resume their so-called bear-market rally, or rebound in the midst of a long- term slump, according to Robert Prechter, founder of Elliott Wave International Inc. 

The Standard & Poor’s 500 Index jumped as much as 40 percent after sinking to a 12-year low on March 9, closing at 946.21 on June 12. In the past four days, it has fallen 2.9 percent to 918.37. Signals that the advance would pause emerged on June 11, including rebounds in commodity prices and predictions of hyperinflation, Prechter said. 

“These are classic signs of a short- to intermediate-term peak,” he said during an interview today with Bloomberg Radio. “Most bear-market rallies occur in two steps. The first step is probably over. We’ll probably have a reaction for awhile and then, maybe later in the summer, a second leg.”

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=awv1TLTKOBbo

Am a proper member now - I look forward to learning from and sharing insights with everyone here. This is an awesome trading site!

comes in at -9.41

forecast was -4.50

yes, am definitely signing up... will be travelling most of next week, will sort out my 6-month subscription thereafter.

Thanks for all the help and great TA, as always.

ok, I'm off on a date with a bottle of Bordeaux.

Have a good weekend, everyone.

Unfortunately not, but lived just down the coast from BCN for several years - GREAT place, going back as soon as poss!

P.S. Don't bother trying the local brew there - Estrella Damm... Donkey urine is more pleasant!

Hehehe... Beck's for me, thanks - although I'll happily chug away at a Windhoek Lager when back in Cape Town, where I originally hail from.

If memory serves, Ravun drinks Chivas Regal, morning, noon and night!

Cheers... *hick*

Thanks.

GO Barca!!! :o)

Is your wedge no. 20 target (around 8690-ish I would guess) still valid?

looks very promising - broad range of subjects; looking forward to it.

Good work, ravun!