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Selecto-You playing cubes?


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#1 thespookyone

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Posted 31 August 2007 - 04:08 PM

Hi Selecto, know you are a QQQQ trader, like myself. Are you currently positioned on either side? I picked up 100 QQQUW puts for 1.03 (at 3:56) to open a position. I liked heading for that double top area of 49.06-which is exactly where we closed. Also like the doji printed there, and on other indexes. On my daily I see a bullish aroon cross,PPO crossed over 0, and the Williams went above -50. There is a high percentage of a countertrend rally(down) for at least a couple days when I get all three crossing at once. At any rate-I'm in. Spooky

#2 selecto

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Posted 31 August 2007 - 04:48 PM

I'm a tad short qqqq and snorkling. Bunch of shooting stars on the last 60 min today, but it may be weekend effect rather than sentiment. Anyway, we gap down Tuesday and never look back. That's my story and I'm sticking to it. <_<

Edited by selecto, 31 August 2007 - 04:49 PM.


#3 thespookyone

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Posted 31 August 2007 - 04:53 PM

"Anyway, we gap down Tuesday and never look back" Works for me, thx. :)

#4 selecto

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Posted 31 August 2007 - 05:02 PM

There was a bit of levity in that call, Spooky. :)

But, here is the megaphone updated:

http://stockcharts.c...3418&r=4614.png

#5 thespookyone

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Posted 31 August 2007 - 05:22 PM

Hey Buddy-levity allways appreciated! Chart appreciated, as well-THX.