nikoschopen
2,824 posts
msg #60549
- Ignore nikoschopen |
3/17/2008 12:50:23 PM
Sorry to hear that, JP. Aggies should have their day until there's a full-blown recession. Monsanto, however, is moving according to the plan I laid out.
|
EWZuber
1,373 posts
msg #60558
- Ignore EWZuber |
3/17/2008 2:09:02 PM
Just picked up QLD @ 62.95. Sorry about the delay but just woke up and saw the 5 & 1 min chart bouncing up off the 10MA and pounced.
A thought, major market bottoms alway coincide with a big event. (BSC?)
|
EWZuber
1,373 posts
msg #60566
- Ignore EWZuber |
3/17/2008 2:45:19 PM
Sold QLD 63.50
|
EWZuber
1,373 posts
msg #60568
- Ignore EWZuber
modified |
3/17/2008 3:03:08 PM
QQQQ testing the resistance level of a Double Top pattern at 41.81.
If confirmed Q's will drop fast to ~40.
|
EWZuber
1,373 posts
msg #60582
- Ignore EWZuber |
3/17/2008 7:06:21 PM
COMP must close the EoM above ~2245 or market will enter bear market territory, IMO.
|
EWZuber
1,373 posts
msg #60597
- Ignore EWZuber |
3/18/2008 9:34:46 AM
This mornings gap up looks like an end run around the Double Top pattern.
|
nikoschopen
2,824 posts
msg #60614
- Ignore nikoschopen |
3/18/2008 2:26:34 PM
OMG, I think the damn sky is falling!
|
EWZuber
1,373 posts
msg #60617
- Ignore EWZuber
modified |
3/18/2008 3:54:57 PM
Looking like the BSC event marked the bottom.
|
nikoschopen
2,824 posts
msg #60649
- Ignore nikoschopen |
3/19/2008 1:12:29 PM
The market is vacillating at the moment. Prices on the 5-minute is acting erratic to say the least. This usually doesn't bode well, and there could be a reversal in the offing.
|
EWZuber
1,373 posts
msg #60658
- Ignore EWZuber
modified |
3/19/2008 1:40:20 PM
Looks like the 10 HR.MA will be violated as support. First evidence of this is on the 1 min chart.
1m/10MA acting like resistance.
5m chart already in a distribution phase.
A violation of the 10HR.MA will put the Hourly Chart in a confirmed distribution phase and a drop to test the 15 or 25 HR.MA will ensue.
Long QID 52.39
10 HR.MA can not be confirmed as violated until the EoH.
|