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Interesting situation here


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#1 dcengr

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Posted 08 February 2007 - 11:03 AM

Yah.. weird, but NDX is down lowest of em all. Guess there will be some equalizing one direction or another soon. Qs has support at 44.30 area, lots of buyers were dip buying there. Guess when that breaks, it'll join the gang. If it breaks.
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#2 mdwllc

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Posted 08 February 2007 - 11:05 AM

Yah.. weird, but NDX is down lowest of em all.

Guess there will be some equalizing one direction or another soon.

Qs has support at 44.30 area, lots of buyers were dip buying there. Guess when that breaks, it'll join the gang. If it breaks.





Adjunct question: I notice that the last Seven Sentials quote was in December, has anyone looked at it lately? MDW :)
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#3 dcengr

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Posted 08 February 2007 - 11:28 AM

I'm not even sure how they're floating it up...

Look at this heat map, why's there so much strength in NDX?

NDX heat map
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#4 Caduceus

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Posted 08 February 2007 - 01:00 PM

mdwllc, I track the Sentinels the way they were utilized in the 2005 period. I just reviewed the charts and it looks like the last signal was a buy on Jan 30th 2007. They are now setting up for a sell but front running the signal kind of defeats it's purpose ;) The sentinels have not been as timely in this very low volatility uptrend. That being said I am short and have been adding/fine tuning it since january 18th (mainly techs and semi's at this point). Good Trading,

Edited by Caduceus, 08 February 2007 - 01:01 PM.