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Qs may have bottomed a 4th


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#1 eminimee

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Posted 16 May 2007 - 10:44 AM

but might need one more low..fwiw

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#2 Mr Dev

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Posted 16 May 2007 - 11:15 AM

I think one more low would be a good thing! ;)

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#3 eminimee

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Posted 16 May 2007 - 11:23 AM

something like this...with target of 45.75

http://stockcharts.c...815446&r=15.png

#4 Mr Dev

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Posted 16 May 2007 - 11:33 AM

Yes that looks very good,.. of course I'm bias,,....I initially thought that 5 should be here at the close today and a bit lower,...but

tomorrow morning open could makes mucho sense as well, but if we do move lower today timing tomorrow's exit

with a low would be most challenging for my exit.

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Edited by Mr Dev, 16 May 2007 - 11:41 AM.


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Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#5 jmicou

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Posted 16 May 2007 - 12:43 PM

something like this...with target of 45.75

http://stockcharts.c...815446&r=15.png

About the 45.7X area

#6 Mr Dev

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Posted 16 May 2007 - 02:49 PM

Hi jmicou, That's a nice chart thanks for sharing.. I'm in for one more day... darn the only trouble with floating along the top for the DOW and SP is it pulls the weak one along for the hyper ride. trade well my friend ;)

.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#7 eminimee

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Posted 16 May 2007 - 03:04 PM

the infamous "one more low" that never came. lol