2 replies to this topic

[gannman]

since i believe we are seeing an important top in the qqqq i dont see a st bottom until the qqqq does at least 1 wave down here . the selling the the qqqq i would think would last at least until wed. maybe even the whole week im not sure. if that holds to be true then obviously all markets will be under pressure. and that is only a st bottom imho i was really waiting for hong kong to top and i believe it definitely has. so now all the parabolic markets are going to go along with it and i count the qqqq as a parabolic market supported by a few big names. cheers gman

[eminimee]

If China/HongKong/India and several other high flying emerging markets correct.......I wonder where the money goes? I can see short term panic across the board but when the short term dust settles...North American markets should benefit while a well deserved 20 to 30% healthy correction goes on elsewhere. TWT



http://stockcharts.com/c-sc/sc?s=$WTIC&p=D&yr=10&mn=8&dy=0&i=p12087200334&a=95543578&r=6453.png

Edited by Teaparty, 05 November 2007 - 05:48 AM.

[ogm]

China will bounce first.