6 replies to this topic

[U.F.O.]

Maybe this 3rd attempt to post will work. QQQQ's new rally high and close. Doji on $COMP. Bollingers releasing higher. I still think we have a tradeable correction on QQQQ's at $45.875 which won't negate the bullish bias. (4 charts)

U.F.O.





Ichimoku's cross bullish across all spans.



Money flow on a tear higher.

[Mr Dev]

Hey buddy,

I tend to agree with you,, nothing's changed,.. including the buy and sell zones!


You even warned us with the doji notation which also shows on the SP




Oh ya the chart.

[U.F.O.]

Agree Dev. I'm looking for one more "big" spike higher to sell. ($45.875 on QQQQ's) Then a re-think. The Doji doesn't have to signify an immediate reversal, just a warning sign for ST direction of the market. My intention? Catch this last move higher and close out longs/reverse partially short. There's still a lot of liquidity chasing assets here. Overshorting can be a dangerous proposition. I don't want to get my lips ripped off. I've made a stack on the way up. Best! U.F.O.

[Mr Dev]

There's still a lot of liquidity chasing assets here.
U.F.O.

So true,.. here is some good luck for you.

Edited by Mr Dev, 23 February 2007 - 12:32 AM.

[bobalou]

I'm looking for 2150 de/ad about mar 5 ,,that should make the vhf happy ..w/ me...this week not all players are at work ,,my bs ,=s the doji's

[eminimee]

UFO...if we get the tradeable down move on QQQQ after hitting top TL..(I gather that's where you get your target?)...then I'd have to look at a possible ZZ on OEX.

two charts...I like things in harmony...



http://stockcharts.c...9426&r=6046.png

http://stockcharts.com/c-sc/sc?s=$OEX&p=15&yr=0&mn=2&dy=27&i=p55825739825&a=89308538&r=3405.png

[bobalou]

E , T, I like the low 27,28 for window dressing,then the run up.to get the rest of the IRA $$.@ the strat of mo.,,go baby go...