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#1 denleo

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Posted 01 February 2007 - 11:50 AM

We just had a 5 point S&P correction. This should be enough. Time to buy the spooz. NASDAQ should wake up soon and carry everything up. Denleo

#2 dcengr

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Posted 01 February 2007 - 11:55 AM

We just had a 5 point S&P correction. This should be enough. Time to buy the spooz. NASDAQ should wake up soon and carry everything up.

Denleo


Or maybe its just time to "wake up" ;)
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#3 .Blizzard

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Posted 01 February 2007 - 12:01 PM

We just had a 5 point S&P correction. This should be enough. Time to buy the spooz. NASDAQ should wake up soon and carry everything up.

Denleo


hhhmmmm.... still too many divergences on indicies:D
 
 
 


#4 denleo

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Posted 01 February 2007 - 12:06 PM

If I wake up, I will start seeing some bearish things and being bearish costs money. I agree about divergences. That's why I said that NASDAQ will start outperforming soon. Divergences don't have to be interpreted bearishly. Denleo

#5 NAV

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Posted 01 February 2007 - 12:10 PM

If I wake up, I will start seeing some bearish things and being bearish costs money.

I agree about divergences. That's why I said that NASDAQ will start outperforming soon. Divergences don't have to be interpreted bearishly.

Denleo


I like your style. Good luck.

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#6 traderpaul

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Posted 01 February 2007 - 12:33 PM

We just had a 5 point S&P correction. This should be enough. Time to buy the spooz. NASDAQ should wake up soon and carry everything up.

Denleo

Denleo, If you are bullish, you should not like the action of QLD.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay

#7 dcengr

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Posted 01 February 2007 - 12:38 PM

We just had a 5 point S&P correction. This should be enough. Time to buy the spooz. NASDAQ should wake up soon and carry everything up.

Denleo

Denleo, If you are bullish, you should not like the action of QLD.....


The more negative the divergence, the more bullish it is. Have faith :lol: That's from some school of TA, I'm pretty sure.
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#8 denleo

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Posted 01 February 2007 - 12:40 PM

QLD looks fine to me. Actually just about any index looks fine to me. Tomorrow morning we will have unemployment report, which means a gap up. The market will like anything between a loss of 200,000 jobs and a gain of 400,000 jobs. In case there is a gap down, it will be closed during the first hour anyhow. So I figure, it is nearly impossible to lose money on the long side in this situation. Denleo

#9 denleo

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Posted 01 February 2007 - 01:57 PM

Took a 3 point profit. It smells funny here. Denleo

#10 dcengr

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Posted 01 February 2007 - 02:09 PM

Took a 3 point profit.

It smells funny here.

Denleo


It always smells funny before "nearly impossible to lose going long". :lol:
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