12 replies to this topic

[A-ha]

[A-ha]

short NQ @ 2095 i believe in double tops stop @2101

Edited by A-ha, 25 September 2007 - 02:20 PM.

[Tor]

short NQ @ 2095

i believe in double tops


stop @2101

XD I am long, but am looking at the QID here. I am holding off but just watching.

[A-ha]

short NQ @ 2095

i believe in double tops


stop @2101

XD I am long, but am looking at the QID here. I am holding off but just watching.

hows my hairdo today

[SandStorm]

The chart looks bullish, like sitting on tl support? Only iwm broke the daily tl, the rest still looking good. I am scared to death to short this market. No more.

[atlasshrugged]

whats wrong with that flex capacitor that "none of the institutions have" that thing has seen a 40 point minimum handle drawdown on each of the last two trades!!! just busting your chops...I like your posts!

[A-ha]

The chart looks bullish, like sitting on tl support?

Only iwm broke the daily tl, the rest still looking good.

I am scared to death to short this market. No more.

it is sitting on multiple fulcrums but it has been sitting there too long... engine is not hitting right ... if it breaks its gonna get ugly.. but i do have tight stops ...

[SandStorm]

I see. Thanks. Compx /NDX have been the strongest indices since the August low, yet daily Nasdaq cumulative AD has been flat, absolutely did not go up at all. Yet the rally continues like today again on poor breadth. What a crooked market. BTW I am carrying a small net long position.

Edited by SandStorm, 25 September 2007 - 02:52 PM.

[A-ha]

whats wrong with that flex capacitor that "none of the institutions have"

that thing has seen a 40 point minimum handle drawdown on each of the last two trades!!!



just busting your chops...I like your posts!

that was for climax situations... useful once or twice a year ... August 16 was one of those days.

my claim based on that was exactly as follows:

"you will not see those lows in the next 4 weeks"

and you did not.

[NAV]

short NQ @ 2095

i believe in double tops


stop @2101

Looks like they gunned your stops. Anyway, that was not my point. NQ double top is misleading. Look at NDX - it broke out yesterday. Today it tested the breakout area and snapped back higher. That's very bullish IMO.