Edited by Tor, 24 July 2007 - 08:07 AM.
looks like I closed shorts too early
#1
Posted 24 July 2007 - 08:05 AM
The future is 90% present and 10% vision.
#2
Posted 24 July 2007 - 08:30 AM
looks like a sure thing we break the 50 day MA on the NDX, classic TA says a test of the 200 day is in the works. There are a few supports on the way down.I am flat for now, maybe if we get a spike up in rates we get the long awaited CRASh and HO signal to sell.
I had 1520 pencilled in on a sell off.
My strategy now is to wait around for a good buy opportunity.
part of me thinks i should be selling into this weakness, but I dunnnnnnnnnno. am a dear in headlights.
I remain very bullish after this selloff, or so called CRASH if it transforms into one. This is based on the COT's and other stuff and I see a further 8-10% upside from these levels.
Will see.
GD
http://stockcharts.com/c-sc/sc?s=$NDX&p=60&yr=0&mn=2&dy=3&i=p94798432457&a=112742245&r=1254.png
#3
Posted 24 July 2007 - 03:02 PM
Mark S Young
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