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#1 U.F.O.

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Posted 05 June 2007 - 07:56 PM

DE/AD Q. Heading for a turn lower? The market does need a break. (1 chart)

U.F.O.

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#2 U.F.O.

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Posted 05 June 2007 - 08:13 PM

Standard charting methods like Stochastics say pullback. (1 chart)

U.F.O.

My computer had a crash (virus?) Just got back on-line tonight. Hope all are doing well!

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Edited by U.F.O., 05 June 2007 - 08:16 PM.

"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#3 U.F.O.

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Posted 05 June 2007 - 08:37 PM

Ultimate, another standard indicator, says sell zone. (1 chart)

U.F.O.

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"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#4 Mr Dev

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Posted 05 June 2007 - 08:44 PM

:clap: Welcome home son!

.. .. ..
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......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 U.F.O.

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Posted 05 June 2007 - 08:48 PM

Que pasa Senor Dev? Thx. for the welcome. U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#6 U.F.O.

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Posted 05 June 2007 - 09:12 PM

Me no likey market. Massive negative divergence on Klinger. (1 chart)

U.F.O.

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"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~

#7 hiker

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Posted 05 June 2007 - 09:52 PM

cheers, UFO.

I am short QQQQ from Friday price levels thanks to Teaparty targets posted long ago here.... and am looking for a cover spot, so here is potential pause point if today was not it -

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Edited by hiker, 05 June 2007 - 09:52 PM.


#8 Rogerdodger

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Posted 05 June 2007 - 10:07 PM

Welcome back buddy.
I hope you don't mind but I used your name in vain back on May 21st.
You made a great call!
:clap:


50% short tonight, 70% bearish.
Positive day link.
Time for Nasdaq to play catchup?
The ADX on the NAMO acts a lot like UFO's chart:
http://stockcharts.com/c-sc/sc?s=$NAMO&p=D&yr=1&mn=0&dy=0&i=p62728857858&a=21967116&r=3616.png


Edited by Rogerdodger, 05 June 2007 - 10:09 PM.


#9 OEXCHAOS

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Posted 06 June 2007 - 06:38 AM

Hey, Jim. Good to see you back. I know the crash problem well. We had catastrophic hard drive failure a couple months ago, the day after I set up my backup, but forgot to move it to DVD (thanks to the distraction of death--the late day phone call). BTW, I'm using AVAST! now for virus protection and I like it. It's cheap and powerful. Mark

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#10 Sentient Being

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Posted 06 June 2007 - 07:28 AM

Glad to see you back.
In the end we retain from our studies only that which we practically apply.

~ Johann Wolfgang Von Goethe ~