Qs 36.5 in two weeks??
#1
Posted 21 December 2006 - 02:18 PM
It's the illiquidity, stupid !
#2
Posted 21 December 2006 - 02:20 PM
#3
Posted 21 December 2006 - 02:21 PM
Edited by hiker, 21 December 2006 - 02:30 PM.
#4
Posted 21 December 2006 - 02:37 PM
Predictions without analysis on how you derived it is useless...
Combination of several things -
price pattern and momentum on Qs:
Looks like there will be downside acceleration now.
VXN:
double bottom with divergence in momentum. upside acceleration now? I have similar sell signal on TRINQ.
leaders:
Look at AAPL, GOOG, SOX.
sentiment:
when Qs dropped today, there was some temporary rise in $CPC, but now it seems like dip buyers back in action. Down day and more call buying (CPC down) - what does that tell you? Nobody expects a decline.
seasonality:
it is out of whack this year. right time for a drop.
general context:
My calculation shows recession has started. 4th quarter GDP growth will be 0% that will be revised downward.
News context:
News for the decline will be 'lackluster Christmas sales'. Have you been to malls lately?
I will take it one day at a time, because I am often wrong in these calls.
Thanks hiker. Always enjoy your posts.
I am long Qs, but it is a different Q (QID).
It's the illiquidity, stupid !
#5
Posted 21 December 2006 - 02:40 PM
#6
Posted 21 December 2006 - 02:44 PM
#7
Posted 21 December 2006 - 02:47 PM
#8
Posted 21 December 2006 - 03:02 PM
#9
Posted 21 December 2006 - 03:03 PM
Edited by Net, 21 December 2006 - 03:05 PM.
#10
Posted 21 December 2006 - 03:26 PM
Edited by jawndissedi, 21 December 2006 - 03:28 PM.