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

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Posted 31 December 2006 - 05:37 PM

posted on blog for dow/nasdaq
http://fibo-count.blogspot.com/

My "vote" is for a rally first to sqeeze out the early bears then :bones:
To date i have counted 7 different posters who are shorting the q's and if you have been paying attention to
the trades posted here, whenever two or more posters post a trade in the same direction it rarely works out,
so i would be very surprised if the q's declined much further next week.
I think the q's will give an appearance of an upside brkout, chase out the early/week shorts, pull in the late/week bulls and thats all folks!
*previously known as pnfwave

#2 CLK

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Posted 31 December 2006 - 05:46 PM

I think we get another day of selling then a decent bounce then we see if the institutions are in profit taking mood. No tax issues to hold anyone back.

#3 Vector

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Posted 31 December 2006 - 07:56 PM

I'm definitely looking for a good sized 10% correction sometime in Q1. I suspect its not to start right away as we have not had that euphoric rally that gets everybody believing and chasing but "one never knows...do one". Happy New Year! :cheer:

#4 Sentient Being

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Posted 31 December 2006 - 09:03 PM

Another sign that massive rally is coming. I'm 100% cash in my trading dollars. When that happens, I never miss out on the downside loss, it's always on the upside gains.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~

#5 Rogerdodger

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Posted 31 December 2006 - 10:19 PM

posted on blog for dow/nasdaq
http://fibo-count.blogspot.com/

My "vote" is for a rally first to sqeeze out the early bears then :bones:
To date i have counted 7 different posters who are shorting the q's and if you have been paying attention to
the trades posted here, whenever two or more posters post a trade in the same direction it rarely works out,
so i would be very surprised if the q's declined much further next week.
I think the q's will give an appearance of an upside brkout, chase out the early/week shorts, pull in the late/week bulls and thats all folks!


The problem is that now we agree!

WE can't both be right.

#6 S.I.M.O.N.

S.I.M.O.N.

    SIMONForecast

  • Traders-Talk User
  • 802 posts

Posted 31 December 2006 - 10:24 PM

posted on blog for dow/nasdaq
http://fibo-count.blogspot.com/

My "vote" is for a rally first to sqeeze out the early bears then :bones:
To date i have counted 7 different posters who are shorting the q's and if you have been paying attention to
the trades posted here, whenever two or more posters post a trade in the same direction it rarely works out,
so i would be very surprised if the q's declined much further next week.
I think the q's will give an appearance of an upside brkout, chase out the early/week shorts, pull in the late/week bulls and thats all folks!


The problem is that now we agree!

WE can't both be right.

we were both right about my year end roadmap and so far its been right on the money, so maybe were onto something here. :sweatingbullets:
*previously known as pnfwave