dogsie Posted October 3, 2007 Report Share Posted October 3, 2007 How about this for an indicator for the health of the market, the Trannies and XOI heading in the same direction? Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2007 Report Share Posted October 3, 2007 qqqq 3 day cycle projection 52.33. I guess that means they are going to break out. Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2007 Report Share Posted October 3, 2007 conventional measuring objective of a breakout from this 2 day flag would be around 52.70. Link to comment Share on other sites More sharing options...
Speakeasy Posted October 3, 2007 Report Share Posted October 3, 2007 Sold my PIR calls bought a week back for a bit more than a double. I think I'm learning. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted October 3, 2007 Report Share Posted October 3, 2007 FXI down $4 612327[/snapback] Looks familiar? Link to comment Share on other sites More sharing options...
LeeWhee Posted October 3, 2007 Report Share Posted October 3, 2007 first try to break through resistance line on qqqq rebuffed. This battle could be for all the marbles. 612344[/snapback] Q-balls walking up the ledge. Could be one of those time-honored "escalator/elevator" patterns in the making. Long-term, Q-balls now back at the neckline of the 99/00 bubble at $51-52. Also RSI on the weekly chart back at 70. In the 8+ year trading history of the Q-balls, a 70 RSI reading on the weekly chart has not been a good time to chase the Q's, especially now with a neg div off the July peak (higher price, lower RSI). The only time that the Q's were able to move above 70 RSI on the weekly was in Nov99-Mar00. That was "da bubble". So unless this is an echo bubble in the making, probably not the best moment to get "psycho-bullish" on the Q-balls. Link to comment Share on other sites More sharing options...
Brick Stoolhouse Posted October 3, 2007 Report Share Posted October 3, 2007 qqqq 3 day cycle projection 52.33. I guess that means they are going to break out. 612353[/snapback] Call me cynical but this breakout would coincide with the Presidents speech! Link to comment Share on other sites More sharing options...
LeeWhee Posted October 3, 2007 Report Share Posted October 3, 2007 conventional measuring objective of a breakout from this 2 day flag would be around 52.70. 612354[/snapback] Stockcharts already show that the Q's ramped to 52.74 last week. So perhaps they got next week's newspaper last week. Ramp 'em up, girlebullz. I'll be waitin' for ya up there. Link to comment Share on other sites More sharing options...
DrStool Posted October 3, 2007 Report Share Posted October 3, 2007 boy! today's been a toughie. Churnham, Burnham, and Howe. Link to comment Share on other sites More sharing options...
Sudaca Posted October 3, 2007 Report Share Posted October 3, 2007 I know it's nuts, but I've seen nuttier... HGX could bounce to 200 Link to comment Share on other sites More sharing options...
cwd Posted October 3, 2007 Report Share Posted October 3, 2007 KBH ....................... go. Lucky I decided to cover my short. 612336[/snapback] I covered Monday and Tuesday. I should have reversed to take a long, but can't pull the long trigger on these dogs. I guess I will wait a couple of weeks., how about SCAM week for a top? Link to comment Share on other sites More sharing options...
Drano Posted October 3, 2007 Report Share Posted October 3, 2007 I know it's nuts, but I've seen nuttier... HGX could bounce to 200 612361[/snapback] I'll be waiting. Link to comment Share on other sites More sharing options...
Lemur Posted October 3, 2007 Report Share Posted October 3, 2007 I know it's nuts, but I've seen nuttier... HGX could bounce to 200 612361[/snapback] Lock & load there Sudaca Link to comment Share on other sites More sharing options...
LeeWhee Posted October 3, 2007 Report Share Posted October 3, 2007 I know it's nuts, but I've seen nuttier...? HGX could bounce to 200 612361[/snapback] I played the first bounce off 169. Caught a 17% move in three days. Guess you could play the XHB, keying off HGX 169 again. But I think I'll pass on this one. In terms of sporting activities, playing these bubbler bounces seems right up there with dwarf-tossing. Link to comment Share on other sites More sharing options...
Jimi Posted October 3, 2007 Report Share Posted October 3, 2007 I know it's nuts, but I've seen nuttier... HGX could bounce to 200 612361[/snapback] I played the first bounce off 169. Caught a 17% move in three days. Guess you could play the XHB, keying off HGX 169 again. But I think I'll pass on this one. In terms of sporting activities, playing these bubbler bounces seems right up there with dwarf-tossing. 612365[/snapback] Someone's apparently never indulged the simple pleasure of tossing a dwarf.... Link to comment Share on other sites More sharing options...
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