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Nasty, Nasty Day for Nasdaq...


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#1 SemiBizz

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Posted 15 May 2007 - 02:39 PM

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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.

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#2 SemiBizz

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Posted 15 May 2007 - 02:51 PM

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



Breaks Thursday's high on BLOWOUT VOLUME...
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

#3 JAP

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Posted 15 May 2007 - 03:38 PM

Yep, and I bought QID today when the NDX was at 1895 :D

#4 SemiBizz

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Posted 15 May 2007 - 07:43 PM

I use the COMPQ to trigger my trades, I got mine off in the same general area... 2555 area. Very nice sign of strength in QID today. With Nasdaq closing under that 5/10 low today we should see further weakness tomorrow. I have a support number in my blog with a chart...

Edited by SemiBizz, 15 May 2007 - 07:43 PM.

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