21 replies to this topic

[hiker]

SB..great demonstration of entry patience! great work!

[SemiBizz]

INTC chart does not look horrible here... Since SOX is leading the market, I"m setting a hard stop here on my QID at 490 SOX, http://bigcharts.mar...&mocktick=1.gif

[hiker]

major s/r levels for INTC

S/R levels

22.30
21.70
20.55

Edited by hiker, 20 April 2007 - 11:34 AM.

[SemiBizz]

need confirmation of new low in countertrend window on nas/qqqq by 1:15 ET from the sox with a new low or retracement rally begins.

Edited by SemiBizz, 20 April 2007 - 12:07 PM.

[SemiBizz]

They have to buy INTC now or this rally falls flat on it's face.... OUT QID, could be wrong, but I"m wrong with a profit. SOX did not confirm for me so odds are we go higher. Look to reload....

Edited by SemiBizz, 20 April 2007 - 12:21 PM.

[SemiBizz]

And they did buy INTC there in Spades... HUGE VOLUME (chart delayed)



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

[SemiBizz]

OK, expecting a lower high by 2:30 ET as 3 min chart trend has turned UP, then a new low by the close... let's see if that works out or not. If not then same deal on Monday, short an opening gap up, this time on lighter volume break the high and see ya later... like in a month.

Edited by SemiBizz, 20 April 2007 - 12:41 PM.

[SemiBizz]

2523:74 = .50 2525.74 = .618

[SemiBizz]

Going into weekend flat. Looks like SOX is being parked at the B point (487). That sets up a test of today's high which just missed making a new high for the year. I would guess Nasdaq will test of today's high as well, looking for lighter volume on Monday, setting up a bearish upthrust to short into... hopefully we gap up early in the morning and sell off all day long....

[Mr Dev]

this time on lighter volume break the high and see ya later... like in a month.

I liked that one ..