richmtn Posted January 29, 2003 Report Share Posted January 29, 2003 Maybe I better redraw some new charts, heh heh That said... we went up what, 50 cents net today on Q's? Who cares? Ultimate lows are 18.40 on my targets on Q's, that is 27% from here.... that is a 54% return for me from here, and probably in 4-6 weeks... nuff said SG if you were right all the time they would have to have you eliminated. Link to comment Share on other sites More sharing options...
anjing bau Posted January 29, 2003 Report Share Posted January 29, 2003 Dow.......... you can draw a support/resistance line through 8250 +/- this .... also 38 % retrace of the move from 8869 to 7945 lies @ 8296.......Volume was not that heavy today either if this is a reversal Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2003 Report Share Posted January 29, 2003 Ouch.....like the rogered analogy!! However, guys, patience.....we knew it would be a volatile week - and that messes things up big style! However, I am someone who cannot stay in front of the computer. So I am in it for the cycle.....having to ride the crests and troughs of the waves. We all know where it will end up!!! Short and waiting......the market too often rises on a fed day, only to fall down over the next few..... MArk Me and the tiger will be more than a match for these so-called bulls! Link to comment Share on other sites More sharing options...
slinger Posted January 29, 2003 Report Share Posted January 29, 2003 TA, gut feeling, ewave, cmaps, NOTHING worked today. That's what trailing stops are for, to protect us from our stubbornness and cluelessness. Tomorrow is a different day, keep ya heads up, and your azzes down. Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2003 Report Share Posted January 29, 2003 Maybe I better redraw some new charts, heh heh That said... we went up what, 50 cents net today on Q's? Who cares? Ultimate lows are 18.40 on my targets on Q's, that is 27% from here.... that is a 54% return for me from here, and probably in 4-6 weeks... nuff said It's psychological warfare to see who will capitulate first. They hold out the steak, let you see it and smell it and then they pull it away. It is disappointing and thins the ranks as not everyone can take the repeated pain and mental anxiety and pounding frustration. You have to be tough and patient to play in this casino. Link to comment Share on other sites More sharing options...
simple guy Posted January 29, 2003 Report Share Posted January 29, 2003 SG can see 1377 on the NAS as top here coming. Close at 1358 ish. So another 19 points is possible, probably an intra-day top also. Also, would make sense as it would top after the Dow and SP I think.... the usual pattern. Recall only on Jan 13 we were at 1470 intra-day, so lets not get overly concerned here, its a typical retrace of 38%. If you count 1470 to 1320 low as one major wave down, then 1377 is a 38% retrace.... Im too lazy to count the mini waves, but this is the Simple Guy approach here. From there, the next NAS target would be 1135 I could envision that for sure. Perhaps that 25.97 will finally get hit on the Q's.... either way, so far Im still in the black from my entry point last Thursday night.... As usual, would have been nice to take profits and then buy back in, but we cant be 100% all the time.... I'll take 85% if I can get it... Link to comment Share on other sites More sharing options...
Drano Posted January 29, 2003 Report Share Posted January 29, 2003 You have to be tough and patient to play in this casino. Well, there are some other, less polite words that some of my friends use to describe what you have to be..... Link to comment Share on other sites More sharing options...
fxfox Posted January 29, 2003 Report Share Posted January 29, 2003 GDP is only expected at 1.0, last one was 4.0. that shouldnt be too hard to beat, should it? Good night! Link to comment Share on other sites More sharing options...
PileDriver Posted January 29, 2003 Report Share Posted January 29, 2003 took a 1% setback today. Big whoppie doo !! Added two more shorts near their daily highs. After hours down 3+ IT signals and cycles still down hard. ST up but probably near completion. Hey nothing goes straight up nor down. Dems the breaks. Link to comment Share on other sites More sharing options...
Guest Posted January 29, 2003 Report Share Posted January 29, 2003 SeeBS MarketWatch: AOL posts $45bln loss after massive write-off Link to comment Share on other sites More sharing options...
DONOTKNOWSHIT Posted January 29, 2003 Report Share Posted January 29, 2003 Qs at 25.07 Link to comment Share on other sites More sharing options...
Rockhead Posted January 29, 2003 Report Share Posted January 29, 2003 Can u guys see??????????? FeedFool....... I see, but will they play? Link to comment Share on other sites More sharing options...
FeedFool Posted January 29, 2003 Report Share Posted January 29, 2003 Maybe I better redraw some new charts, heh heh That said... we went up what, 50 cents net today on Q's? Who cares? Ultimate lows are 18.40 on my targets on Q's, that is 27% from here.... that is a 54% return for me from here, and probably in 4-6 weeks... nuff said SG if you were right all the time they would have to have you eliminated. SG will take crooks to the cleaners, far, as I know; no one has managed to do that yet. --------------------------------------------------- Rockhead Should work. Link to comment Share on other sites More sharing options...
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