14 replies to this topic

[U.F.O.]

Long? Short? Whatta ya do? Lots of folks have been reading these recent sell signals and playing from the short side ST, me included. Still, more LT players have been, and are still, long massively, in 401K's, IRA's and any kind of "non-aggressively traded" account known to man. Lot's of money sloshing around the pool. Is the market trying to put in a LT cyclical top? The answer, to me, is in the form of a question. You guys out there who have subscribed to trading systems that can pull up general market data on OTC:BB stocks.....what are they doing? Is the "low rent" cousin of IBM on a "smoke" or still has it's teeth on the curb? I, unfortunately, don't have an OTC:BB index to pull up on Metastock. Here's the most valuable lesson I learned in 2000 that cost me over 10mm dollars.....when pigs fly...sell. Any help here would be appreciated. OTC:BB index charts or price data. It might make the question of being long or short a moot point. :-) (2 charts....that look crappy. DE/AD Q's crossed negative and Ichimoku is about to perform a "rare" double span crossover to the downside.)

U.F.O.

[prman]

No one seemed to notice -- there was a hard sell-down at the close. the overnght will tell a lot.

[U.F.O.]

? On what? Charts would be great. U.F.O.

[hiker]

UFO...see QQQQ from 3:45 to close..closing low returned to approx. the declining tops t/l from near yesterday late spike high

Edited by hiker, 06 June 2007 - 07:57 PM.

[selecto]

PWO vs SPY

[U.F.O.]

Thx. Hiker, but still doesn't answer my question on OTC:BB's. They could bomb the big indices for a couple of days in a normal, ST correction. I desperately need to see what's happening to junk. My suspicion? It's lagging...badly. (Meaning more rally to come.) U.F.O.

[eminimee]

Something I'm playing with still

http://stockcharts.c...1714&r=9018.png

[hiker]

4-day h&s top as of yesterday on NDX futures measured to 1900 so let's see what happens there, if tested. sorry, Jim, can't help with BB scan result.

Edited by hiker, 06 June 2007 - 07:59 PM.

[U.F.O.]

Thx. Selecto, but I need a broader market than 1 OTC stock. There actually is an OTC:BB index which is very thinly covered by the charting services. Metastock doesn't. Who does? U.F.O.

[selecto]

UFO, that isn't one stock - it was the only "pure" otc etf I could find fast.

Stockcharts shows an otc index called "Dynamic OTC Intellidex Index." Looks like this:

http://stockcharts.com/c-sc/sc?s=$SPX&p=W&yr=4&mn=6&dy=0&i=p64064325683&r=1109.png

Edited by selecto, 06 June 2007 - 08:24 PM.