October 1st 2003 I missed the incredible price action on Friday.... I just wasn't looking. This is a great example of an expanding market that not only went $5,000 higher but it corrected $5,000 lower.... if you are a great stop and reverse trader you should have had a real nice day..... or if you missed the opening trade higher..... there would be a reason to short it looking at the tools we use and having as good a day as the buyer had in the morning.I thought it was useful to draw some lines on the chart explain how I would handle the market when it opens. I ran out of time before I got to say this... normally I would look to go long if the market opened up on Sunday night since it's at a support area... and I would definitely keep a small stop.... but if the market starts to make a new low after the open it may actually go to the bottom box that I put on the chart.... but this is a tricky market because it's at a support resistance level and the market makers can really trick you on this market because it may stay at support or it may trade lower to the ABCD pattern that brings it to the lower level.... so you have to be careful. on the other hand this market is expanding when it can have a $5,000 move higher and in the same day have a $5,000 move lower...... expanding markets are a good thing but you have to be careful and just like Friday you may not like a trade signal because you don't trust it.... and so you may miss an opportunity.....But follow the markets frequently have two opportunities... if you miss it as a buyer or a seller.... it may very well give you an opportunity as a seller or a buyer. It looks like it's going to be an active market with a setup like this.... time will tell.