5 replies to this topic

[selecto]

I was a little confounded yesterday, but am feeling a tad better today.

[Bob-C]

I was a little confounded yesterday, but am feeling a tad better today.

Hi selecto, thanks for the QQQQ information and the chart. Do you have any ST objective for the QQQQs? TIA.

Cheers,

Bob-C

[selecto]

Bob, the optimistic target would be the uptrend line or a tag of the lower BB, although we have had some trouble doing that lately. We have to see some lower lows though, before the bear can come out of the woods, I trade off technical signals, so the price is what it is when I click.

[Woody]

Selecto, with your system, what do you do if MACD declines while mkt goes up? Thanks CW

[Bob-C]

Bob, the optimistic target would be the uptrend line or a tag of the lower BB, although we have had some trouble doing that lately.

We have to see some lower lows though, before the bear can come out of the woods,

I trade off technical signals, so the price is what it is when I click.

Thanks selecto!

Good luck on your tades.

Bob-C

[selecto]

Woodie, don't have a system - more like a tropical fruit cocktail. The macd above just isolates the fast line of the conventional 12-26-9. A short term trade likes to be in that direction, regardless of any larger divergence. I don't study divergences much; probably should. I also find that line helpful is divining the direction of a BB squeeze resolution.

Edited by selecto, 22 June 2007 - 01:36 PM.