Although the day is not done, at these levels we are seeing the beginning of the squeeze resolution on the SOX and the NDX. It it difficult for me to conceive that we will not be trading lower, given the mac and bb centerline directions, etc
Gotta rush - no charts.
The Bands
Started by
selecto
, Dec 22 2006 12:23 PM
2 replies to this topic
#2
Bob-C
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Posted 22 December 2006 - 12:52 PM
Thanks for the information selecto.Although the day is not done, at these levels we are seeing the beginning of the squeeze resolution on the SOX and the NDX. It it difficult for me to conceive that we will not be trading lower, given the mac and bb centerline directions, etc
Gotta rush - no charts.
INTC smashed below its 20.32 pivot and appears headed below 20 and lower. MOT is also threatening to go below 20. VIX and QQV are exploding upward. Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
#3
Bob-C
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Posted 22 December 2006 - 04:15 PM
Hi everyone, INTC closed down .29 to $20.08.Thanks for the information selecto.Although the day is not done, at these levels we are seeing the beginning of the squeeze resolution on the SOX and the NDX. It it difficult for me to conceive that we will not be trading lower, given the mac and bb centerline directions, etc
Gotta rush - no charts.
Cheers,
Bob-C
IMHO, lower prices ahead next week for INTC, MOT, SOX, and SMH. Cheers,
Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.
