9 replies to this topic

[hiker]

http://tic-tac-dough.com/

fading this rally may be the correct thing to do, but some indicate otherwise if I understand fib correctly -

http://www.websiteto...618?forum=21252

qqqq horizontals from 30 min

45.10
44.10
43.60
42.76
42.18

Edited by hiker, 21 March 2007 - 01:51 PM.

[Jnavin]

"In these circumstances, the Committee's predominant policy concern remains the risk that inflation will fail to moderate as expected." I come away with the opposite opinion. I say fade...soon.

Edited by Jnavin, 21 March 2007 - 01:57 PM.

[hiker]

oops.....stopped out es short

Edited by hiker, 21 March 2007 - 02:02 PM.

[KCScott]

BOT QUID 52.20

[hiker]

Scott. thanks for the feedback..

[KCScott]

Stopped back out - Bears are toast for a day at least

[hiker]

watch NDX 1810 area as I stated here some days ago...gap remains unfilled so far -

http://stockcharts.c...allery.html?ndx

of interest is this site for trading system that works, except for countertrend trading -

http://www.undergrou...flash_index.cgi

for example, FCX stayed on a 13 and 60 minute sell at the best time to have covered short today which was 60.80 area...but it caught the buy signal on the way back up using the 3, 13, and 60 minute since the daily and weekly remain on buys using Jae's system

[SemiBizz]

QID breaks the 3/1 swing low on higher volume. End of story.

[KCScott]

QID breaks the 3/1 swing low on higher volume. End of story.

Agreed - for the next few days anyway.

I really thought this was just a big, final bounce - but now I see nothing as final.
Someone wrote in another thread that this market was only good for taking scalps and there is no trend to follow over a few days, I'm almost of that opinion now.

A perfect example of that is GROW.
If you shorted every up close and bought every bottom over the last 3 days you'd be up at least 20%
Sorry, but I'm not smart (or gutsy) enough for that.

The smartest thing I've heard in the last hour on CNBC is someone saying Cash is King.
I'm back to 100%


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Hiker - Thanks for that link

[hiker]

You are welcome, Scott. Jae's system of MA crossover with the sto's work if you do not aniticipate or get cute, and actually follow his system...the most recent book is available more cheaply from other outlets...the first 100 pages of the book explain the system...ck out how well the basic MA crossover worked as a sell for IYR on the daily -

http://www.websiteto...post?id=1601135

scroll to end for sell signal using Jae's MA crossover system..make sure you use the displaced ema at prophet or the shift ema at SC

another useful link...this guy has been long for weeks -

http://www.hedgefundmgr.blogspot.com/

Edited by hiker, 21 March 2007 - 03:32 PM.