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#1 selecto

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Posted 24 December 2006 - 02:46 PM

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#2 CLK

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Posted 24 December 2006 - 04:35 PM

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#3 cgnx

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Posted 24 December 2006 - 06:11 PM

So I guess the point is you can make a case for whichever way you want in TA land. :D
If it can be cornered, it will.

#4 selecto

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Posted 24 December 2006 - 09:53 PM

Oh, yes! :)

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#5 KCScott

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Posted 26 December 2006 - 04:09 PM

One more small scorch to scare the Retail Bears this week? Appears that way with the light volume. looks like Q's could push to around 43.80 before reality sets in
KC Scott Blogs at IBC: http://ibankcoin.com/kcscott/

#6 CLK

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Posted 26 December 2006 - 04:15 PM

One more small scorch to scare the Retail Bears this week?

Appears that way with the light volume.

looks like Q's could push to around 43.80 before reality sets in



The Q's did not perform like NQ, or any other index for
that matter, must be end of year rebalancing selling
out of the Q's.

I was not trading it, I'm in IWM, small caps should
run here if there is a rally, though I'm not counting on it.
Looking for a top sooner rather than later.

Edited by CLK, 26 December 2006 - 04:17 PM.


#7 KCScott

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Posted 26 December 2006 - 06:47 PM

One more small scorch to scare the Retail Bears this week?

Appears that way with the light volume.

looks like Q's could push to around 43.80 before reality sets in



The Q's did not perform like NQ, or any other index for
that matter, must be end of year rebalancing selling
out of the Q's.

I was not trading it, I'm in IWM, small caps should
run here if there is a rally, though I'm not counting on it.
Looking for a top sooner rather than later.



Q's closed the High of the day on very low volume - Already up .01 in AH.
Not how I thought the script would look this week -
I anticipated selling today and Tuesday and a little Santa Rally to close the week/year.
Now it looks like they will let it run tomorrow and then sell off end of week.

In either case I'm still a Bear, and I do like this playbook a little better.
They'll call the end of week drop "Tax selling' or something similar.

I believe when earnings start late January, things will get very ugly, very quickly.
KC Scott Blogs at IBC: http://ibankcoin.com/kcscott/