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i was wrong


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#1 S.I.M.O.N.

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Posted 29 December 2006 - 03:40 PM

no blast into close, another scarefest in front of a long weekend, this time 5days of fear for the price of one, bears looking for a early jan selloff are not gonna be happy.
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#2 dcengr

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Posted 29 December 2006 - 03:57 PM

I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants :lol:. Meanwhile, the rest of the world marches on.
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#3 S.I.M.O.N.

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Posted 29 December 2006 - 04:03 PM

I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants :lol:.

Meanwhile, the rest of the world marches on.

amount of decline is irrelevant, the manner in which it declines is crucial, look at a 5min chart, best described as chinese water torture. last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.
*previously known as pnfwave

#4 dcengr

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Posted 29 December 2006 - 04:07 PM

I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants :lol:.

Meanwhile, the rest of the world marches on.

amount of decline is irrelevant, the manner in which it declines is crucial, look at a 5min chart, best described as chinese water torture. last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.


I want to throw darts too. I'll predict that Qs will be up 25 cents by 10:30am, then go down .50 by 12:00pm, then up another 25 cents by the close for wednesday.

All pulled right out my @ss with nothing but a guess to back it up. Its about worth that much too :lol:. But those reading this post may get some amusement out of it, if anything else but to relieve boredom.
Qui custodiet ipsos custodes?

#5 qqqqtrdr

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Posted 29 December 2006 - 04:18 PM

I'm looking for a early January Sell-Off. The charts are mixed at the moment. I don't think anyone can really say if we are in a early sell-off or we are going higher in January. Charts cannot confirm either way. I'm short thinking NASDAQ still has more downside left. My trend indicators that I use are primarily showing BEAR on NASDAQ. Barry

#6 hiker

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Posted 29 December 2006 - 04:43 PM

Ken Tower is writing some good stuff at CyberTrader available to Schwab customers....his 2007 forecast is worth a read.

#7 kc135a

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Posted 29 December 2006 - 05:43 PM

I dunno if a -25 point in the dow can be declared a scarefest, but I'm sure someone who's leveraged 1000% long is probably quaking in his pants :lol:.

Meanwhile, the rest of the world marches on.

amount of decline is irrelevant, the manner in which it declines is crucial, look at a 5min chart, best described as chinese water torture. last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.


last friday and this friday are identical in terms of setting up sentiment for another rally next week, imo.

Hmmm, not looking for a big down into OPEX anymore? Doesn't really matter since we should know very soon.

KC