6 replies to this topic

[U.F.O.]

Me no likey so far. (1 chart)

U.F.O.

[U.F.O.]

Since July 2006 the 50day ema has been a line of demarcation on corrections, which is roughly $43.50 right now on QQQQ's. Gird your loins and hope this pullback has short legs, if you're long. I am and not particularly happy about it....at this time. I'm close to puking longs....not a short-seller yet. (1 chart)

U.F.O.



CCI's, like MACD's, are close, but haven't generated a sell signal yet. (1 chart)

U.F.O.

Edited by U.F.O., 18 January 2007 - 10:02 PM.

[selecto]

Edited by selecto, 18 January 2007 - 10:37 PM.

[U.F.O.]

Que pasa selecto? I'm assuming your ADX crossover chart is pointing to the bearside also, correct? U.F.O.

[selecto]

Hola. Yes, it looks like a "don't buy, don't buy" to me.

[U.F.O.]

Ahhhh selecto. There's the rub. "If it looks like a flush.....you get trapped, then the rush". I think the jury is still out. At least as long as the 50day ema holds. U.F.O.

[bobalou]

the vhf gave me a sell on the spx ,see at tec watch