and is trying to tell us which direction we will head out of this volatility
imvho of course...
http://stockcharts.c...4543&r=2502.png
CSCO
Started by
eminimee
, Aug 09 2007 10:12 AM
2 replies to this topic
#1
eminimee
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- TT Member
- 14,307 posts
I don't care who's fur is flying...
Posted 09 August 2007 - 10:12 AM
#2
Cirrus
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- TT Patron+
- 5,735 posts
Member
Posted 09 August 2007 - 10:16 AM
Some of the weekly charts on the big NDX tech stocks look nice...AMAT, CSCO, KLAC, LRCX to name a few.
#3
hiker
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- TT Member*
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- 12,118 posts
independent trader
Posted 09 August 2007 - 10:19 AM
FF for today only..and sure I am short now, so biased. definitely not as neutral as you.
1475 to 1478 SPX can and may fail, bringing about more downside. 60/40 is the odds I give this, so is iffy
you are much better than I am at FF's
I am holding SPY short without leverage..no futures trading for me till today's low is taken out
so far, today's intraday pattern looks dangerous to shorts...without a reversal below the "higher low" pattern, trouble to shorts could easily transpire
Edited by hiker, 09 August 2007 - 10:22 AM.
