The Bands
#1
Posted 22 December 2006 - 12:23 PM
#2
Posted 22 December 2006 - 12:52 PM
Thanks for the information selecto. INTC smashed below its 20.32 pivot and appears headed below 20 and lower. MOT is also threatening to go below 20. VIX and QQV are exploding upward.Although the day is not done, at these levels we are seeing the beginning of the squeeze resolution on the SOX and the NDX. It it difficult for me to conceive that we will not be trading lower, given the mac and bb centerline directions, etc
Gotta rush - no charts.
Cheers,
Bob-C
#3
Posted 22 December 2006 - 04:15 PM
Hi everyone, INTC closed down .29 to $20.08. IMHO, lower prices ahead next week for INTC, MOT, SOX, and SMH.Thanks for the information selecto. INTC smashed below its 20.32 pivot and appears headed below 20 and lower. MOT is also threatening to go below 20. VIX and QQV are exploding upward.Although the day is not done, at these levels we are seeing the beginning of the squeeze resolution on the SOX and the NDX. It it difficult for me to conceive that we will not be trading lower, given the mac and bb centerline directions, etc
Gotta rush - no charts.
Cheers,
Bob-C
Cheers,
Bob-C