14 replies to this topic

[SemiBizz]

2359 Here we COME...
Don't get too bearish now.. Run Rate only 2.2B vs 2.7B yesterday.

We just broke 42.60; next level of support is 41.61 {Sorry I'm late but I keep getting knocked off when I come back onto the TT site] MDW

This chart says to expect a bullish spring off a test of yesterday's low, should it come today... and the daily is in concurrence with it per volume rate...

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

Edited by SemiBizz, 02 March 2007 - 02:15 PM.

[mdwllc]

2359 Here we COME...
Don't get too bearish now.. Run Rate only 2.2B vs 2.7B yesterday.

We just broke 42.60; next level of support is 41.61 {Sorry I'm late but I keep getting knocked off when I come back onto the TT site] MDW

This chart says to expect a bullish spring off a test of yesterday's low, should it come today... and the daily is in concurrence with it per volume rate...

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

Very well could be; I have been nervous about today and Monday because this is the first date this year that cycles indicate a major decline should occur. I am expecting a turnaround, but not until Monday at the earliest....MDW

[arbman]

I bought 5% long at today's lows, if it rallies into the close to the flat line, then I will load up a 15% short turning this position to its hedge probably I am really looking forward to get fully short at some point next week since I do not believe the volume will be able to absorb the supply... - kisa PS. btw looking to the USDJPY, I'd say the market apparently had the most of the selling for the carry trade liquidation. Most of the money from Tuesday's sell off should be now returned and the pair trades must be getting closed, Yen is showing a substantial bounce for the week... Yen is up 4% against the USD for the week... SPX is down 4%

[arbman]

I ended up shorting around 15:30-15:40 prices. This market might accelerate lower on Monday, if it doesn't I am hedged... Have a great weekend... - kisa

[SemiBizz]

Nasdaq closed with the trap door to hell wide open. Best thing the boyz can do now is come in on lighter volume and test that nasty 2359 on Monday morning and try and spring it... The way it closed today though definitely leaves a sour note...

Edited by SemiBizz, 02 March 2007 - 04:26 PM.