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#1 mdwllc

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Posted 01 March 2007 - 11:39 AM

Bought 500 QID @ 54.66; looking to establish position but may be a scalp MDW :)
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#2 KCScott

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Posted 01 March 2007 - 12:00 PM

Bought 500 QID @ 54.66; looking to establish position but may be a scalp MDW :)



I think the Bulls are going to have one more push to scare the weak Bears.
With the Media screaming "buying Opportunity" and Markets Undervalued I believe there is going to be a slight squeeze / cover rally. This will also halp Big Money out of some of their positions.

I've got a buy order in on QID for 52.45 as I think the Qs will touch that 50DMA at least once more before the next sell down
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#3 mdwllc

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Posted 01 March 2007 - 12:27 PM

Bought 500 QID @ 54.66; looking to establish position but may be a scalp MDW :)



I think the Bulls are going to have one more push to scare the weak Bears.
With the Media screaming "buying Opportunity" and Markets Undervalued I believe there is going to be a slight squeeze / cover rally. This will also halp Big Money out of some of their positions.

I've got a buy order in on QID for 52.45 as I think the Qs will touch that 50DMA at least once more before the next sell down





Maybe; there appears to be fairly stiff resistance @ 43.30ish, formidable at 44.10...I need to establish my position before tomorrow AM....MDW :)
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#4 SemiBizz

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Posted 01 March 2007 - 12:37 PM

QID is going up on RECORD BREAKING Quality of Volume. Today's high will be retested.



http://bigcharts.mar...&mocktick=1.gif

Edited by SemiBizz, 01 March 2007 - 12:38 PM.

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#5 mdwllc

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Posted 01 March 2007 - 01:09 PM

QID is going up on RECORD BREAKING Quality of Volume. Today's high will be retested.


Good, just added another 500 @ 54.67 MDW :)


http://bigcharts.mar...&mocktick=1.gif


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#6 SemiBizz

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Posted 01 March 2007 - 01:23 PM

I have a hard stop at 53.49 on QID. Should that come today, that would be a complete reversal on volume, that takes me out of the trade...
Price and Volume Forensics Specialist

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

#7 mdwllc

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Posted 01 March 2007 - 01:42 PM

I have a hard stop at 53.49 on QID. Should that come today, that would be a complete reversal on volume, that takes me out of the trade...



I don't think it will; I've only mentioned this point to two others on this site, I am really nervous about tomorrows and/or Monday's action...and I don't think the direction is up! MDW :sweatingbullets:
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