EWZuber 1,373 posts msg #60424 - Ignore EWZuber |
3/12/2008 4:04:44 PM
QQQQ topped out very close to my prediction of $43.50 today.
I suspect markets have a ways to go yet.
Thinking the COMP 25 HR.MA will be support. W%R just doesn't look ready yet.
VIX I suspect will top out at its 25 HR.MA and hold as resistance. It has a ways to go as well.
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nikoschopen 2,824 posts msg #60426 - Ignore nikoschopen |
3/12/2008 4:34:42 PM
Zub, as a daytrader, when I mention a "bottom" I usually mean the intraday bottom.
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nikoschopen 2,824 posts msg #60439 - Ignore nikoschopen |
3/12/2008 11:34:39 PM
I dunno what the news is but the S&P futures trading sharply lower and acting crazy in the AH.
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nikoschopen 2,824 posts msg #60441 - Ignore nikoschopen |
3/13/2008 2:33:50 AM
Not exactly a eye-popping news but it might be worth looking into:Carlyle Capital unable to reach deal with lenders
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EWZuber 1,373 posts msg #60447 - Ignore EWZuber |
3/13/2008 9:59:35 AM
The 25 DMA remains impenetrable.
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EWZuber 1,373 posts msg #60448 - Ignore EWZuber modified |
3/13/2008 10:02:52 AM
COMP has the potential to retest recent lows at 2175 and VIX could easily break 30 again..
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nikoschopen 2,824 posts msg #60449 - Ignore nikoschopen |
3/13/2008 10:17:55 AM
It's way oversold at the moment. There will be a temporary pop to push this market up enough to fool the weak hands before taking it down.
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nikoschopen 2,824 posts msg #60450 - Ignore nikoschopen |
3/13/2008 10:43:01 AM
Market getting another opportunity for a bounce. Whether this sticks and by how much will likely deliver the outcome for the morning trading.
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nikoschopen 2,824 posts msg #60451 - Ignore nikoschopen |
3/13/2008 10:51:26 AM
S&P recrossed above the resistance only to close just below it. It remains to be seen if there's any life to this small pop.
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nikoschopen 2,824 posts msg #60453 - Ignore nikoschopen |
3/13/2008 11:06:06 AM
The damn thing is really shooting up now. Got steroid?
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