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Started by TechMan , Nov 16 2012 09:07 AM

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#1 TechMan

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Posted 16 November 2012 - 09:07 AM

Just a heads up...

For "longer" term consideration, my QQQ CLV Oscillator indicates that the market's setting up a probable bottom here, notwithstanding short term price fluctuations in the next few sessions. I'd like to see it back up above the oversold line next.

Good trading.

Later.


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#2 ogm

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Posted 16 November 2012 - 09:11 AM

Looks interesting. What is CLV oscillator ?

#3 opinionated

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Posted 16 November 2012 - 09:14 AM

Good to see ya TM...

You've been missed

Was going to post this by itself but know this thread will get lots of attention!

http://eminiaddict.com/

#4 TechMan

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Posted 16 November 2012 - 09:16 AM

Good to see ya TM...

You've been missed

Was going to post this by itself but know this thread will get lots of attention!

http://eminiaddict.com/



:=)


Good trading, buddy. It's gonna be a busy day.

Later.

#5 DrSP

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Posted 16 November 2012 - 09:17 AM

Interesting, Techman and thanks. I see one flaw in your chart. You are showing us a 1.5 yr chart of overbought and oversold reading there of the cubes. For context, QQQ was strongest sector in 2011 (even during that summer torture), of all sectors. So, it never wanted to go oversold in 2011. Now, QQQ is weakest. It want to go oversold and then again oversold. Even if the market rises, the response will be weakest in Qs. I would use something like DIA which is always conservative at best to be uniform in all periods. Not saying we might not rise here. Thanks.
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#6 Mr Dev

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Posted 16 November 2012 - 10:43 AM

nice work TM, we are together on this call, looking for a bear market rally. here are my targets

best of luck to us. ;)

Just a heads up...
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Edited by Mr Dev, 16 November 2012 - 10:44 AM.


.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
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... remember no guessing visit MrDev!

#7 ogm

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Posted 16 November 2012 - 11:10 AM

Can you please post that CLV thingy from 1998 or so ? How does that look ?

#8 DrSP

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Posted 16 November 2012 - 12:04 PM

A hint of green feels so good. Congratulations, Techman, Keith, Dev and all! Hope we can sustain the gains.
You could be a billionaire or an industrial worker or a teacher or a moderator of a forum - Hold a good conscience because that is what matters.

#9 TechMan

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Posted 16 November 2012 - 12:50 PM

Can you please post that CLV thingy from 1998 or so ? How does that look ?


There's no QQQ in 1998. It debuted in March 1999.

Here's that "thingy" leading up to the March 2000 Mega Top (X mark).

Busy, busy, busy day...

Gotta jet. Later.


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#10 ogm

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Posted 16 November 2012 - 12:54 PM

Can you please post that CLV thingy from 1998 or so ? How does that look ?


There's no QQQ in 1998. It debuted in March 1999.

Here's that "thingy" leading up to the March 2000 Mega Top (X mark).

Busy, busy, busy day...

Gotta jet. Later.


Posted Image


Thank you.

Edited by ogm, 16 November 2012 - 12:55 PM.

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