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#1 selecto

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Posted 28 December 2006 - 08:39 AM

I still have the BB squeeze on the cubes resolving for down. The oversold conditions on the 60 minute with which we started the week seem to have burned off without substantial damage to the daily.

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Edited by selecto, 28 December 2006 - 08:41 AM.


#2 eminimee

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Posted 28 December 2006 - 09:47 AM

I'm still of the opinion that we get the blow off 5th with the perfect storm coming together with biotech,semi's and internets....but would have to take out the recent highs obviously....gut says at minimum we test the highs again.

Take a look at the divergent price action going into Jan. 06 compared to spx...ndx was lagging and then had a big spurt into mid January............but if the recent lows are taken out....furgitaboodit.

http://stockcharts.c...4597&r=4271.png

#3 selecto

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Posted 28 December 2006 - 09:52 AM

I don't know how the weekly lets that happen. As we speak, I am looking at a triple window sell - 60/daily/weekly. I am a membner of the "top's in" club., just now.