QQQ is cooked, sell
Started by
Chilidawgz
, Jan 04 2022 01:15 PM
42 replies to this topic
#1
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 04 January 2022 - 01:15 PM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#3
12SPX
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Posted 04 January 2022 - 02:26 PM
Better write that one down, 15832.80 lol!!
#4
Douglas
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Posted 04 January 2022 - 02:47 PM
Chilidawgz, thanks for posting a technical chart. Could you please elucidate a bit on what you are seeing in the plot that constitutes a sell signal in the interaction of the PMO and MACD indicators? Is it the crossing of the green PMO and MACD lines or some other formation that I'm not seeing? Thanks again for sharing.
Regards,
Douglas
#5
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 04 January 2022 - 03:42 PM
Chilidawgz, thanks for posting a technical chart. Could you please elucidate a bit on what you are seeing in the plot that constitutes a sell signal in the interaction of the PMO and MACD indicators? Is it the crossing of the green PMO and MACD lines or some other formation that I'm not seeing? Thanks again for sharing.
Regards,
Douglas
Edited by Chilidawgz, 04 January 2022 - 03:50 PM.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#6
xe2dy
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Posted 05 January 2022 - 01:27 AM
Thank you Chilidawgz! You've shared great charts over the years! 
#7
Chilidawgz
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A fool and his money... (the second mousie gets the cheese)
Posted 05 January 2022 - 01:54 AM
Thank you Chilidawgz! You've shared great charts over the years!
Lot's of things have been gleaned from others that have given over time. I try and learn from those who have good analysis.
Edited by Chilidawgz, 05 January 2022 - 01:56 AM.
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#8
brucekeller
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Posted 05 January 2022 - 03:39 AM
If the Fed turns around and keeps QE going, I am definitely all in. But if the funny money is ending and the Fed is actively sucking up money, I'll take a few month break for better prices thank you. Watching for the sky 100% of the time is nice if you're purely buying and holding though... just sucks if you put the bulk in at the beginning of 2000 or end of 2007 although most stocks recovered in a few years, except for something like MVIS I guess. That's still down like 99% from 2000 lows, let alone highs.
#9
slupert
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Posted 05 January 2022 - 06:23 AM
If the Fed turns around and keeps QE going, I am definitely all in. But if the funny money is ending and the Fed is actively sucking up money, I'll take a few month break for better prices thank you. Watching for the sky 100% of the time is nice if you're purely buying and holding though... just sucks if you put the bulk in at the beginning of 2000 or end of 2007 although most stocks recovered in a few years, except for something like MVIS I guess. That's still down like 99% from 2000 lows, let alone highs.
Its on Bloomberg, they already had a preliminary hearing for more stimulus. What the heck, its only money. (JMHO)
#10
brucekeller
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Posted 05 January 2022 - 06:24 AM
If the Fed turns around and keeps QE going, I am definitely all in. But if the funny money is ending and the Fed is actively sucking up money, I'll take a few month break for better prices thank you. Watching for the sky 100% of the time is nice if you're purely buying and holding though... just sucks if you put the bulk in at the beginning of 2000 or end of 2007 although most stocks recovered in a few years, except for something like MVIS I guess. That's still down like 99% from 2000 lows, let alone highs.
Its on Bloomberg, they already had a preliminary hearing for more stimulus. What the heck, its only money. (JMHO)
I heard the exact opposite, that the Fed was going to suck up money for a while by selling bonds so that they can avoid having to raise rates much?
