To me from his chart and from grim reapers, it looks like resistance is around 117.62 and support is at 116.63 (red containment). If we cross that lower level, it is implied that we have much lower to go.
Just in case you need a laugh: Remember it takes a college degree to fly a plane, but only a high school diploma to fix one; a reassurance to those of us who fly.
After every flight, UPS pilots fill out a form, called a 'gripe sheet,' which tells mechanics about problems with the aircraft. The mechanics correct the problems, document their repairs on the form, and then pilots review the gripe sheets before the next flight.
Never let it be said that ground crews lack a sense of humor. Here are some actual maintenance complaints submitted by UPS pilots (marked with a P) and the solutions recorded (marked with an S) by maintenance engineers.
By the way,UPS is the only major airline that has never, ever, had an accident.
P: Left inside main tire almost needs replacement. S: Almost replaced left inside main tire. * P: Test flight OK, except auto-land very rough. S: Auto-land not installed on this aircraft. * P: Something loose in cockpit. S: Something tightened in cockpit. * P: Dead bugs on windshield. S: Live bugs on back-order. * P: Autopilot in altitude-hold mode produces a 200-feet-per-minute descent. S: Cannot reproduce problem on ground. * P: Evidence of leak on right main landing gear. S: Evidence removed. * P: DME volume unbelievably loud. S: DME volume set to more believable level. * P: Friction locks cause throttle levers to stick. S: That's what friction locks are for. * P: IFF inoperative in OFF mode. S: IFF is always inoperative in OFF mode. * P: Suspected crack in windshield. S: Suspect you're right. * P: Number 3 engine missing. S: Engine found on right wing after brief search. * P: Aircraft handles funny. (I love this one!) S: Aircraft warned to straighten up, fly right and be serious. * P: Target radar hums. S: Reprogrammed target radar with lyrics.. * P: Mouse in cockpit. S: Cat installed. * And the best one for last * P: Noise coming from under instrument panel. Sounds like a midget pounding on something with a hammer. S: Took hammer away from the midget.
If today ends red after that big run, we're looking pretty good.
Got some pleasantness in the stuff I'm watching:
–PG twice came within $0.02 of a new high and failed. –SDS is making an intraday bull flag pointing up about a half point with good volume and money flow. The half point out to put us around 116. I'm not selling any puts there.
Today the market is in a holding pattern, while the “powers that be” decide on what news they are going to release to create the next big move… up or down? I think the news will be about Germany dumping the Euro and going back to their own currency. But, it could be anything at this point?
Regardless of where the market closes today, a big move is coming… a I think it's DOWN!
I know as soon as I write this its going to happen but it doesn't seem to be able to get back through the open…three trys since this morning and trying now on the 5 min and doesn't look like its going to do it again…
I'm having a tough time producing Sundancers chart to follow his comments…must be the old age thing here…any body figure what time chart and what moving avg hes using…
This just made my day, thanks Red! 🙂
ROFLMAO…
Germany dumping Euro ? When the stargate on the seafloor south of Yemen opens up.
Germany is the biggest beneficiary of the Euro.
To me from his chart and from grim reapers, it looks like resistance is around 117.62 and support is at 116.63 (red containment). If we cross that lower level, it is implied that we have much lower to go.
Just in case you need a laugh:
Remember it takes a college degree to fly a plane, but only a high school diploma to fix one; a reassurance to those of us who fly.
After every flight, UPS pilots fill out a form, called a 'gripe sheet,' which tells mechanics about problems with the aircraft. The mechanics correct the problems, document their repairs on the form, and then pilots review the gripe sheets before the next flight.
Never let it be said that ground crews lack a sense of humor. Here are some actual maintenance complaints submitted by UPS pilots (marked with a P) and the solutions recorded (marked with an S) by maintenance engineers.
By the way,UPS is the only major airline that has never, ever, had an accident.
P: Left inside main tire almost needs replacement.
S: Almost replaced left inside main tire.
*
P: Test flight OK, except auto-land very rough.
S: Auto-land not installed on this aircraft.
*
P: Something loose in cockpit.
S: Something tightened in cockpit.
*
P: Dead bugs on windshield.
S: Live bugs on back-order.
*
P: Autopilot in altitude-hold mode produces a 200-feet-per-minute descent.
S: Cannot reproduce problem on ground.
*
P: Evidence of leak on right main landing gear.
S: Evidence removed.
*
P: DME volume unbelievably loud.
S: DME volume set to more believable level.
*
P: Friction locks cause throttle levers to stick.
S: That's what friction locks are for.
*
P: IFF inoperative in OFF mode.
S: IFF is always inoperative in OFF mode.
*
P: Suspected crack in windshield.
S: Suspect you're right.
*
P: Number 3 engine missing.
S: Engine found on right wing after brief search.
*
P: Aircraft handles funny. (I love this one!)
S: Aircraft warned to straighten up, fly right and be serious.
*
P: Target radar hums.
S: Reprogrammed target radar with lyrics..
*
P: Mouse in cockpit.
S: Cat installed.
*
And the best one for last
*
P: Noise coming from under instrument panel. Sounds like a midget pounding on something with a hammer.
S: Took hammer away from the midget.
If today ends red after that big run, we're looking pretty good.
Got some pleasantness in the stuff I'm watching:
–PG twice came within $0.02 of a new high and failed.
–SDS is making an intraday bull flag pointing up about a half point with good volume and money flow. The half point out to put us around 116. I'm not selling any puts there.
Today the market is in a holding pattern, while the “powers that be” decide on what news they are going to release to create the next big move… up or down? I think the news will be about Germany dumping the Euro and going back to their own currency. But, it could be anything at this point?
Regardless of where the market closes today, a big move is coming… a I think it's DOWN!
I know as soon as I write this its going to happen but it doesn't seem to be able to get back through the open…three trys since this morning and trying now on the 5 min and doesn't look like its going to do it again…
If we could all figure it out… it wouldn't work anymore! LOL.
Just follow, and profit… he he he
I'm having a tough time producing Sundancers chart to follow his comments…must be the old age thing here…any body figure what time chart and what moving avg hes using…