LeeWhee Posted October 3, 2007 Report Share Posted October 3, 2007 Well, now the Qs have had a false breakout to the downside and a false breakout to the upside. Dem pigmens ain't taking no prisoners. 612379[/snapback] The double-inverse Q-ball (QID) painted an exact 50% selloff from the Jul06 peak yesterday. Golf clap for Hank the Herpetologist. Interesting to note that the Feb/Mar QID rally back to 56ish marked the exact midpoint of the decline from Jul06 to yesterday. Curious. Link to comment Share on other sites More sharing options...
dogsie Posted October 3, 2007 Report Share Posted October 3, 2007 Semis getting quartered. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2007 Report Share Posted October 3, 2007 Well, now the Qs have had a false breakout to the downside and a false breakout to the upside. Dem pigmens ain't taking no prisoners. 612379[/snapback] The double-inverse Q-ball (QID) painted an exact 50% selloff from the Jul06 peak yesterday. Golf clap for Hank the Herpetologist. Interesting to note that the Feb/Mar QID rally back to 56ish marked the exact midpoint of the decline from Jul06 to yesterday. Curious. 612384[/snapback] I wonder what will happen to this ETF if the QQQQ ever rallies to 200 bucks. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2007 Report Share Posted October 3, 2007 Which way on TM? Backtesting the last consolidation. Link to comment Share on other sites More sharing options...
Speakeasy Posted October 3, 2007 Report Share Posted October 3, 2007 Biodrech etf IBB looks set to pop a wheelie, at least that's my bet. Link to comment Share on other sites More sharing options...
LeeWhee Posted October 3, 2007 Report Share Posted October 3, 2007 Well, now the Qs have had a false breakout to the downside and a false breakout to the upside. Dem pigmens ain't taking no prisoners. 612379[/snapback] The double-inverse Q-ball (QID) painted an exact 50% selloff from the Jul06 peak yesterday. Golf clap for Hank the Herpetologist. Interesting to note that the Feb/Mar QID rally back to 56ish marked the exact midpoint of the decline from Jul06 to yesterday. Curious. 612384[/snapback] I wonder what will happen to this ETF if the QQQQ ever rallies to 200 bucks. 612386[/snapback] It would go lower. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2007 Report Share Posted October 3, 2007 Biodrech etf IBB looks set to pop a wheelie, at least that's my bet. 612388[/snapback] Yea, STEM just broke out. Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2007 Report Share Posted October 3, 2007 well. the 5 day cycle buy signals on the qqq just whipsawed. What a brutal day. Link to comment Share on other sites More sharing options...
LeeWhee Posted October 3, 2007 Report Share Posted October 3, 2007 Biodrech etf IBB looks set to pop a wheelie, at least that's my bet. 612388[/snapback] I've had an $88 target on IBB for three years. That's another 3% higher. Taken a very long time to get here. Still long some of my biodrecks awaiting the momentous day when the IBB can say, "All right, Mr DeMille, I'm ready for my close-up." Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2007 Report Share Posted October 3, 2007 Well, now the Qs have had a false breakout to the downside and a false breakout to the upside. Dem pigmens ain't taking no prisoners. 612379[/snapback] The double-inverse Q-ball (QID) painted an exact 50% selloff from the Jul06 peak yesterday. Golf clap for Hank the Herpetologist. Interesting to note that the Feb/Mar QID rally back to 56ish marked the exact midpoint of the decline from Jul06 to yesterday. Curious. 612384[/snapback] I wonder what will happen to this ETF if the QQQQ ever rallies to 200 bucks. 612386[/snapback] It would go lower. 612389[/snapback] I assume this fund is using some sort of margin or options to be 2x short the underlying instrument. At some point it will go below 0. Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2007 Report Share Posted October 3, 2007 I was wondering what's gonna happen to the XHB when all the components get to zero. And what about the SRS when all the REITs go to zero. Is it possible to go to infinity? Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2007 Report Share Posted October 3, 2007 The breakdown in WAG signals the beginning of the unraveling of the commercial real estate bubble. This company single handedly drove that bubble at least insofar as retail corner locations. I'm actually shocked that they survived as long as they have basing triple net leases on astronomical values. But they got top dollar when they sold the leaseholds enabling them to continue the game at ever higher and higher levels thanks to ever lower cap rates. There are going to be a hell of a lot of bagholders when this reverses. Link to comment Share on other sites More sharing options...
Sudaca Posted October 3, 2007 Report Share Posted October 3, 2007 Brazil falling outta bed here... Link to comment Share on other sites More sharing options...
Speakeasy Posted October 3, 2007 Report Share Posted October 3, 2007 Biodrech etf IBB looks set to pop a wheelie, at least that's my bet. 612388[/snapback] Yea, STEM just broke out. 612390[/snapback] I got disgusted trying to trade the stems. Maybe everyone else has too, so it's finally time. TM looks like it's in a wave 4 of 5 down to me. But I don't think I'd bet that guess. Link to comment Share on other sites More sharing options...
Speakeasy Posted October 3, 2007 Report Share Posted October 3, 2007 Biodrech etf IBB looks set to pop a wheelie, at least that's my bet. 612388[/snapback] I've had an $88 target on IBB for three years. That's another 3% higher. Taken a very long time to get here. Still long some of my biodrecks awaiting the momentous day when the IBB can say, "All right, Mr DeMille, I'm ready for my close-up." 612392[/snapback] Your analysis months ago got me interested in IBB being a hideyhole during a general market decline. I bought dec. 95 calls over a month back. I was enthralled with cheapies then, more than now. It would be a sweet gift if they are ready for their close-up. Link to comment Share on other sites More sharing options...
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