anyone plan to short a move above the $44.76 - 44.86 top of recent QQQQ's trading range?
45.15 to 45.60 potential next stop...I posted the 45.60 customized PnF target on the weekend.
I have no idea what will happen 44.86 to 45.15 if seen, but it will be hard to call a top at that point. something to consider.
Q's just curious
Started by
hiker
, Jan 10 2007 03:39 PM
4 replies to this topic
#1
Posted 10 January 2007 - 03:39 PM
#2
Posted 10 January 2007 - 07:55 PM
a lot has to do with what happens with semi's,HHH and BBH....I posted this awhile back...charts still update.
http://www.traders-t...?...c=64395&hl=
http://www.traders-t...?...c=64395&hl=
#3
Posted 10 January 2007 - 08:22 PM
a lot has to do with what happens with semi's,HHH and BBH....I posted this awhile back...charts still update.
http://www.traders-t...?...c=64395&hl=
Whats the end of 5 on the NDX? Backtest of broken trendline?
Qui custodiet ipsos custodes?
#4
Posted 10 January 2007 - 08:43 PM
I agree.Hard to call a top.
Before the end of the year I was looking to re-short but there appeared a big positive st divergence in the RSI 2.
Also, as I posted Dec 27th, Gabe Wisdom mentioned INTC as the worst Dog of the DOW buy.
Likewise, the radio guru put out a buy on INTC, amat, smh, etc.
I'm sure not fading the radio guru.
Money seems to be rotating into tech for the time being at least.
http://stockcharts.c...49909&r=678.png
January effect?
Maybe that Huge Jan. 4th volume on QID was a sign of too much negative sentiment.
http://stockcharts.c...2805&r=9712.png
"Nature's Failure to Function in a 'Predictable Way'... 500 years ago?"
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#5
Posted 11 January 2007 - 08:05 AM
decengr...that's where I think it will be...but also have a target up near 1935ish.