At 9:45, I'm showing QQQQ up .09%, whereas QLD is up .85%. Do I know what the players think is going to happen today?
Is this a tell for today?
Started by
selecto
, Aug 21 2007 08:46 AM
2 replies to this topic
#2
hiker
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Posted 21 August 2007 - 08:51 AM
SPX failure near 1447 major horizontal is another tell
focusing on failure to move higher is one method..this has clear tells of potential trend change between 1447 and 1458
focusing on "bottom in" is another, which some traders may assume without price action proof means higher prices down the road
Edited by hiker, 21 August 2007 - 08:55 AM.
#3
Iblayz
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Posted 21 August 2007 - 09:41 AM
At 9:45, I'm showing QQQQ up .09%, whereas QLD is up .85%. Do I know what the players think is going to happen today?
No tell. The net asset value as of the close was 89.36 and they closed it at 88.75. I say they because it was another scummy move because it wasn't trading there at the close or after the close. It was trading above 89 with a print just before 4:15 pm of 89.10. Then "they" stuck up a print of 89.75 at 4:16 pm and used that as the closing price.
On the other hand I for one am tired of the day-to-day fight of the tape and posted this elsewhere a few minutes ago. I don't have the luxury of watching the tape all day so I took the easy way out and locked in profits.
Out of everything. Price has been rejected three times in three days at the same level. I still think that the upside targets will be reached for the move but I'm tired of worrying about it and biting my nails. When I leave the office this morning I won't care what the bums do with it. I just have to settle for big gains in a few days as opposed to huge gains in a few days. The best thing about this week? The worthless pig scumbags that tried to play for another "gulf disaster" by running up the prices in advance of the presumed "tragedy" got their you know what handed to them.
