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Day two of October selloff underway


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#1 isaac613

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Posted 03 October 2007 - 01:53 PM

After a brief consolidatation, we are back on track to our target on qqqq of 49.75. The real action wont happen until Jobs number comes out though. Then we should see some real action. For the Chart see my previous post from Monday.

#2 youmast

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Posted 03 October 2007 - 02:01 PM

Thanks for the update. I hope the market will not rally right after your comments... Yeah, the last 4 times in May, June, Aug, Sept were fun. :)

#3 youmast

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Posted 03 October 2007 - 02:19 PM

isaac613 Posted Today, 01:53 PM



THAT'S EXACT MARKET BOTTOM.... :blink:

YOU'RE AMAZING, BROTHER... :cry:

#4 isaac613

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Posted 03 October 2007 - 02:23 PM

I am not looking at market fluctuation of 10 or 15 cents. The sell off will continue until October 18th. I don't care if qqqq closes at 51.75 today. Sell off is not a one day event. After October 18th, it might go higher. Depends where it is at the time. 49.75 on qqqq is my first target for now. If we break under that I think we see $47 pretty quick.

#5 youmast

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Posted 03 October 2007 - 02:29 PM

Good luck!

#6 Bob-C

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Posted 03 October 2007 - 03:16 PM

I am not looking at market fluctuation of 10 or 15 cents. The sell off will continue until October 18th. I don't care if qqqq closes at 51.75 today. Sell off is not a one day event. After October 18th, it might go higher. Depends where it is at the time. 49.75 on qqqq is my first target for now. If we break under that I think we see $47 pretty quick.

Thanks for the updates isaac613. :)

Cheers, :)

Bob-C
Disclaimer: None of my posts are meant to be taken as investment advice or trading advice. Do your own due diligence and consult your financial advisor before making any trades or investments.