Qqq Weekend Chart Updated Today - Stool Pigeons Wire Message Board

Qqq Weekend Chart Updated Today Check out the coming action on the Q's Rate Topic:

#1 simple guy

Elliott Professor Emeritus of Stock Proctology

Group: Banned
Posts: 2,226
Joined: 27-August 02

Posted 01 February 2003 - 06:23 PM

SG dings in on Saturday late afternoon.

Crunched up the ole wave machine, and albeit differing from many "experts", thats a good sign for me.

I see a wave 3 unfolding now in several waves (5 total). These just started late on Friday after hitting 24.76 high...

I see it as below... near term 22.45 is my target... a moving target, but generally, its been moving down, and not up...

I will cover at 22.45 and re short the expected bounce (why?... I can buy more shares with the same $$)... more on that another time.

Attached image(s)

Back to top of the page up there ^
MultiQuote
Reply

#2 Dung Beetle

Stock Proctology Intern

Group: Members
Posts: 5
Joined: 28-January 03

Posted 01 February 2003 - 09:48 PM

Hey SG, great work! Your accuracy is truely remarkable!When we bounce at 22.45 (or thereabouts), how high do you think it will go? I was planning on ignoring all the noise until the vix spikes over 50 which I was estimating to be around the october lows. Is this bounce really going to be worth it? (I am maxed out in ryvnx via ameritrade so unlike stocks the funds aren't immediately avialable when I go to sell)

Trade safe