the dow and the qqqq did an almost perfect retrace . the perfect point for the dow was
12483 so close enuf for govnmt work.
this wave up will be an impulse wave imho and take both the qqqq and the dow to new highs
the qqqq im thinking could challenge the 58 level fwiw
g
the ewave pattern that played out in both of them was an abc x abc correction
g
dow and qqqq
Started by
gannman
, Jan 09 2008 04:26 PM
2 replies to this topic
#1
gannman
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Posted 09 January 2008 - 04:26 PM
feeling mellow with the yellow metal
#2
SemiBizz
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Volume Dynamics Specialist
Posted 09 January 2008 - 05:12 PM
New all time high on QQQQ? I don't think so. That's $120.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#3
gannman
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Posted 09 January 2008 - 05:38 PM
i meant a new recovery high in the qqqq in the 58 area. all time highs
well ill take them lol but i dont think that will happen anytime soon
feeling mellow with the yellow metal
