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Now that we have a "valid" brkout


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#1 S.I.M.O.N.

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Posted 14 January 2007 - 08:03 PM

my post from "Back to the Past"

Dec 31 2006, 02:37 PM Post #1

posted on blog for dow/nasdaq
http://fibo-count.blogspot.com/

My "vote" is for a rally first to sqeeze out the early bears then
To date i have counted 7 different posters who are shorting the q's and if you have been paying attention to
the trades posted here, whenever two or more posters post a trade in the same direction it rarely works out,
so i would be very surprised if the q's declined much further next week.
I think the q's will give an appearance of an upside brkout, chase out the early/week shorts, pull in the late/week bulls and thats all folks!


Bull mkts are so predictable :yawn:
:D
*previously known as pnfwave

#2 greenie

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Posted 14 January 2007 - 09:17 PM

Dude, you are good !! Can I borrow your http://www.imdb.com/title/tt0268695/ ?
It is not the doing that is difficult, but the knowing


It's the illiquidity, stupid !

#3 snorkels4

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Posted 14 January 2007 - 09:48 PM

ndx futures at 1862 :blink:
Andy House, Texas Man, Accidentally Drives 2006 Bugatti Veyron Into Salt Marsh

http://www.zimbio.co...Veyron Crashing

#4 dcengr

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Posted 14 January 2007 - 10:27 PM

ndx futures at 1862 :blink:


Must mean he's stopped out.. that's from him.

took a 50% short position in nq's @ 1851, stp for today is a print in the spx above 1428


Qui custodiet ipsos custodes?

#5 Vector

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Posted 14 January 2007 - 10:41 PM

sit back and enjoy the ride

#6 eminimee

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Posted 15 January 2007 - 09:09 AM

I did enjoy the ride from recent lows but not convinced of a "valid" breakout at this point...

http://stockcharts.c...1593&r=6265.png

#7 CLK

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Posted 15 January 2007 - 05:06 PM

I did enjoy the ride from recent lows but not convinced of a "valid" breakout at this point...

http://stockcharts.c...1593&r=6265.png




Looks very similar to the Jan. 06 top.