13 replies to this topic

[rkd80]

semi,

i am seeing NQ break out of the multi-day downward channel which if it remains above of, is quite a bullish development. in conjunction with ndx:vxn signaling buy, you just might very well get that scorcher. This rally was supposed to happen yesterday, threw a lot of people of.

-rkd

How bout a little shock n awe to go wid dat?

[SemiBizz]

40 Nasdaq points off today's low isn't a scorch?.... I'd say if you are short and don't feel any heat yet, then you are wearing cryogenic underwear....

[rkd80]

40 Nasdaq points off today's low isn't a scorch?.... I'd say if you are short and don't feel any heat yet, then you are wearing cryogenic underwear....

i am pretty sure that today's move did little to scare the short interest out there. if we can get a repeat tomorrow then we got a scorch as that will probably cause a massive cover rally. although i am sure a lot of today's move is just covering.

[SemiBizz]

A scorch has never happened, whenever that term has been used on this board as a post title. Now that you have used it, you have ruined any chances of it happening

There's always a first time...