Jump to content



Photo

The QQQQ Fractal Update


  • Please log in to reply
14 replies to this topic

#1 Frac_Man

Frac_Man

    Hank Wernicki M.A.

  • Traders-Talk User
  • 1,458 posts

Posted 26 March 2007 - 10:31 AM

Posted Image

#2 BigBadBear

BigBadBear

    Member

  • Traders-Talk User
  • 1,007 posts

Posted 26 March 2007 - 10:53 AM

Sir, Is it 2 weeks to get their ?

#3 Frac_Man

Frac_Man

    Hank Wernicki M.A.

  • Traders-Talk User
  • 1,458 posts

Posted 26 March 2007 - 11:34 AM

Yes it will extend in time ........





Sir,

Is it 2 weeks to get their ?



#4 golden

golden

    Member

  • Traders-Talk User
  • 199 posts

Posted 26 March 2007 - 12:14 PM

Hank, A little less cryptic please. What exactly are saying here? A move up *prior* to the plunge? And if so, what is your upside target for the Q's. (F9) Much appreciated
"There is only one side of the market and it is not the bull side or the bear side, but the right side."

#5 Net

Net

    Member

  • Traders-Talk User
  • 527 posts

Posted 26 March 2007 - 12:24 PM

Hank,

A little less cryptic please.

What exactly are saying here?

A move up *prior* to the plunge?

And if so, what is your upside target for the Q's. (F9)


Much appreciated



It looks to me like:

F9 from the "little box" labeled #1 = F1 from the "big box" labeled #2

F8 on #2 is already achieved, therefore, F9 from big box #2 is off the chart to the downside..., and just eyeballing it, the price objective looks like approximately $37 to $39 range.... somewhere around there. Crossing the low of F1 (see box #1) is about half the move to the downside.

#6 Frac_Man

Frac_Man

    Hank Wernicki M.A.

  • Traders-Talk User
  • 1,458 posts

Posted 26 March 2007 - 12:34 PM

YES

exactly ---- much lower in the weeks ahead .. thanks






Hank,

A little less cryptic please.

What exactly are saying here?

A move up *prior* to the plunge?

And if so, what is your upside target for the Q's. (F9)


Much appreciated



It looks to me like:

F9 from the "little box" labeled #1 = F1 from the "big box" labeled #2

F8 on #2 is already achieved, therefore, F9 from big box #2 is off the chart to the downside..., and just eyeballing it, the price objective looks like approximately $37 to $39 range.... somewhere around there. Crossing the low of F1 (see box #1) is about half the move to the downside.






35 in the next 30 days or so

hope this helps

for now





Hank,

A little less cryptic please.

What exactly are saying here?

A move up *prior* to the plunge?

And if so, what is your upside target for the Q's. (F9)


Much appreciated



#7 vitaminm

vitaminm

    Member

  • Traders-Talk User
  • 6,701 posts

Posted 26 March 2007 - 12:34 PM

Drawing a line from f9 to f7 points to 43.8 STerm
vitaminm

#8 golden

golden

    Member

  • Traders-Talk User
  • 199 posts

Posted 26 March 2007 - 12:35 PM

Thank you!

Edited by golden, 26 March 2007 - 12:36 PM.

"There is only one side of the market and it is not the bull side or the bear side, but the right side."

#9 hamakua

hamakua

    Member

  • Traders-Talk User
  • 258 posts

Posted 26 March 2007 - 01:27 PM

Hank.....enjoy your work. What frequency is your QQQQ fractal chart...........and more importantly, is there a frequency (5,10,15 etc) that you prefer to use......or are you just looking for matching pictures ? Thanks

#10 eminimee

eminimee

    I don't care who's fur is flying...

  • TT Member
  • 14,307 posts

Posted 26 March 2007 - 01:40 PM

Where do you take profits on those spx puts?....and where is your stop?

Edited by Teaparty, 26 March 2007 - 01:45 PM.