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Less Is Indeed More


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Posted
SG UPDATES THE WAVES

 

lOOKING for a 24.62 retrace number on Q's now....

 

Then we start heading towards 23.70 ish.... closing near or at LOD today....

 

Another shorting opp is here as I type...

SG any targets on Ebay.

 

Thanks

Posted

mksloth et. al.

If XLNX rises above 21.90, which it may on a pop, I'm in for more.

Posted

RE Ebay

 

SG does not gererally use stocks with E waves, although you can.

 

I find the QQQ index best represents the herd mentality of investors, during times of both optimism and pessimism mood swings.

 

Right now we are in an early stage of social mood going pessimistic, and this is going to become apparent as the indices continue to cascade down for several weeks overall.

 

There will be some rallies in between, but the direction remains down for awhile

 

RE EBAY, I would have to look at the LONG TERM chart to give you a read, but I prefer not to do so...

 

Good luck

Posted
RE Ebay

 

SG does not gererally use stocks with E waves, although you can.

 

I find the QQQ index best represents the herd mentality of investors, during times of both optimism and pessimism mood swings.

 

Right now we are in an early stage of social mood going pessimistic, and this is going to become apparent as the indices continue to cascade down for several weeks overall.

 

There will be some rallies in between, but the direction remains down for awhile

 

RE EBAY, I would have to look at the LONG TERM chart to give you a read, but I prefer not to do so...

 

Good luck

Thanks SG

 

Wouldn?t that applies to stocks as well here is the chart

post-3-1043689356.gif

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