Sandia
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July 25, 2014, 12:21:50 AM

I am not a TA guy but I was mostly right.  I do think support and trend lines are real.

Yesterday, I expected a drop to $605 today, then a ramp to $630 or higher.  Once we bounced off the longterm trendine at $596 instead, i expected we would hit $605-610 before days close (12am UTC), and $625 or so tomorrow. All based on support and trend lines.

Ask me why we blew thru the support in the low $600's and I have no idea.