Happy trading,
Z
Nasdaq Decline Imminent
Started by
ZIDANE
, Jul 20 2007 09:48 PM
1 reply to this topic
#1
ZIDANE
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- Traders-Talk User
- 739 posts
Member
Posted 20 July 2007 - 09:48 PM
Howdy folks,
Been a while since I posted here. As I mentioned on XD's blog on Thursday, it appears the IT bull cycle trend top is in. At best we will test last wednesday's highs but then it's downhill from here. I expect at the very minimum for the Nasdaq to take out 2362.50, and then we can find a bottom for the next IT bull run to 3000+. I am positioned for a 15-20% correction into the fall.
Happy trading,
Z
Happy trading,
Z
#2
johngeorge
-
- TT Member+
- 4,616 posts
Member
Posted 21 July 2007 - 09:03 AM
Howdy folks,
Been a while since I posted here. As I mentioned on XD's blog on Thursday, it appears the IT bull cycle trend top is in. At best we will test last wednesday's highs but then it's downhill from here. I expect at the very minimum for the Nasdaq to take out 2362.50, and then we can find a bottom for the next IT bull run to 3000+. I am positioned for a 15-20% correction into the fall.
Happy trading,
Z
Yes, its been awhile. Thanks for your post.
Best to you
Peace
johngeorge
johngeorge
