9 replies to this topic

[dcengr]

If we don't start impulsing higher, I'll think about cashing out, but as it is, if the floor traders are going to put the squeeze on, I think it'll be done before close of today. EDIT: Going into the weekend, ask yourself... are you more afraid of Bin Laden or are you more afraid of Ben Bernanke?

Edited by dcengr, 07 September 2007 - 01:21 PM.

[hiker]

with the technical damage that has been done, low odds we rally here SPY 10day sma is now representing Resist..having been support in recent days SPY needs to hold today's lows.

[SemiBizz]

OK, they tippy toeing the pig to the cliff.. any new low between 2:40 and 3:15 takes us over the falls... no matter what the volume is.. stand by.

[arbman]

> Its close to 2:30pm.., and I think its rally time

[eminimee]

"are you more afraid of Bin Laden or are you more afraid of Ben Bernanke?" ....neither....both are probably cocktailing together this weekend in Texas.

[dcengr]

with the technical damage that has been done, low odds we rally here

SPY 10day sma is now representing Resist..having been support in recent days

SPY needs to hold today's lows.

On any other day except friday in front of 9/11.. I think you're right. But today being sort of special, I'm still looking to see if we get an afternoon scorch.

But keeping my options open.. if we don't see some sort of rally today, will likely close out flat.

[tommyt]

agree with hiker, we rallied and then rested for 2 days going into the number..now we trending down for now..no need to step in front of it before Monday...I took some medicine earlier and got pretty much neutral.

[dcengr]

"are you more afraid of Bin Laden or are you more afraid of Ben Bernanke?"

....neither....both are probably cocktailing together this weekend in Texas.

They sort of look alike too, lost twins?

Hope this is the late day rally I was expecting.. Qs 48.60 would be a nice gift for me going into the close. I'll x-fingers.

[SemiBizz]

QQQQ 47.91 next support followed by 47.79....

[dcengr]

QQQQ 47.91 next support followed by 47.79....

Perhaps later, but not today .

Going flat at close because I wanna good weekend.