http://stockcharts.com/c-sc/sc?s=$NDX&p=D&yr=0&mn=8&dy=0&i=p06598535078&a=79222312&r=8798.png
nq's /ndx
Started by
eminimee
, Oct 31 2007 11:12 AM
5 replies to this topic
#1
eminimee
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- TT Member
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I don't care who's fur is flying...
Posted 31 October 2007 - 11:12 AM
#2
ogm
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Posted 31 October 2007 - 11:30 AM
I think GOOG, etc.. look exhausted. Even though NDX weekly looks very strong, it might need to find some new leadership. MSFT and DELL certainly helping out.
#3
Pabst
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- Traders-Talk User
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Posted 31 October 2007 - 11:41 AM
2228 ish is my Waterloo (even though my shorts are in ES)
The July/98-Oct/98 move was 423pts NDX. 2228 would be the measurement from the August low. It's still my hypothesis that 07 will be 98 turned upside down.
Free market's for free men!
#4
Doug
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Posted 31 October 2007 - 11:59 AM
Very interesting pichfork- rarely do they workout so cleanly.
Regards,
Regards,
#5
Pabst
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Posted 31 October 2007 - 12:05 PM
And Tea, one item of trivia. The last time in 1998 that NDX traded below it's earlier July high? November 17th. Why important? 11/17/98 was the last rate cut!
Free market's for free men!
#6
isaac613
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Posted 31 October 2007 - 02:16 PM
Hey Tea,
What do you think. We topped out or we going higher?
