Friday, February 4, 2011
Webpage to be updated through the weekend(most likely Saturday)
The sellers were unable to bring this market down and although the selling from $31.28 to $26.30 is not a failed move yet, it is getting closer. The reason it is not a failure is because it has held below the twenty nine and two thirds area which is the 61.8% fibonacci mark. This of course is the short term tracking and this is all being done by the powers that be chicago, london style paper traders. I still sometimes shake my head that we follow this measure to determine what the fixings happen to be in this insane world.