U.F.O.
Bollinger Squeeze
Started by
U.F.O.
, Feb 12 2007 10:15 PM
4 replies to this topic
#1
U.F.O.
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U.F.O.
Posted 12 February 2007 - 10:15 PM
I don't know which direction it's going to break here, but pressure is building. This is a weekly QQQQ chart and it's priming for a move. So far I'm "long and wrong". Not opposed to a short position, just need some solid evidence. Note: Margin account borrowings are back to March, 2000 highs. (1 chart)
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#2
U.F.O.
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U.F.O.
Posted 12 February 2007 - 10:40 PM
A daily look at the Bollingers. (1 chart)
U.F.O.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
#3
stocks
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Posted 12 February 2007 - 11:01 PM
Fade the initial move. Just like mid December.
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Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
Defenders of the status quo are always stronger than reformers seeking change,
UNTIL the status quo self-destructs from its own corruption, and the reformers are free to build on its ashes.
#4
traderpaul
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Posted 13 February 2007 - 02:15 AM
UFO, I think the direction is down.....That is what the next day indicator said.....
"Inflation is taking place now. Prices may not appear to be rising because they are making packaging smaller. "— Rickoshay
#5
redfoliage2
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Posted 13 February 2007 - 08:21 AM
UFO: It looks like a H&S on the daily chart.A daily look at the Bollingers. (1 chart)
U.F.O.
