6 replies to this topic

[NAV]

QQQQ should top around 53.6 - 53.65 (53.65 to be precise ) and then began a selloff of about 60-80 NDX points. Again, i am not trading on this forecast, nor should anyone. If qqqq moves above 53.7 then don't expect any topping action before 54.5. Again this is based on TA and i am not just BSing around.

[NAV]

Corresponding level for NQ is 2203.50. Should get tagged sometime in the globex session. QQQQ should tag the target tommorow morning. Any move on NQ above 2205 during the regular session tommorow, trash this FF.

Edited by NAV, 10 October 2007 - 03:08 PM.

[selecto]

Did the ring the bell at the top?

[ogm]

[thespookyone]

Thanks NAV, was looking for a top in that area as well, and a smackdown into options ex. Would it be OK if I traded it-and said I didn't? You realize, of course, that in a roundabout way-you have implied there "is risk" in the market.

Edited by thespookyone, 10 October 2007 - 05:48 PM.

[cycletimer]

QQQQ should top around 53.6 - 53.65 (53.65 to be precise ) and then began a selloff of about 60-80 NDX points. Again, i am not trading on this forecast, nor should anyone. If qqqq moves above 53.7 then don't expect any topping action before 54.5. Again this is based on TA and i am not just BSing around.

NAV,
Unfortunately they are trading higher than that in pre-market. They are goosing this market higher today. I am with you on this VST direction.

[thespookyone]

OH BABY!!!!!!!!!!!!!!!!!!!!! Nuff said.