I think when the uptrend line was broken to the downside week of 12-26-2011 I said something in response to a Trades post that might have had the flavor of my thinking a bear was to ensue. Of course that breakdown was short in duration...less than a week...and never came back for a “test”, a RULE to broken lines...so it was never long lived enough for me to have even considered a trade to the short side. Also, because of this, my original opinion voiced in the post linked to in the " in response to" section above...was correct and the fact that price made it back on top of the broken trendline a signal to buy was triggered...so consider 1600 area a buy.

At the current time, since we are concerned with the points...now and the future...the red downtrend lines have been broken to the upside. Another signal for buy...this even came complete with a test of the break. Now price has taken off from the test today...tomorrow, if it is an up day, a person interested in a possible intermediate term trade to the bull side should give special attention to this. Also one might give consideration to the 1800ish area that looks like the top of a range. One might even give consideration to the all-time high in the 1900ish range.

Some of you in here take yourselves entirely too seriously.