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Cool, op.
Another Nolan Ryan?
Oh ya, cool.
My cousin's kid is also a pretty good pitcher up in Maine. 12 years old. Playing on the 13-14 year old teams.
BTW, I have been meaning to ask you this. Wasn't Tee Martin a Tennessee quarterback? He's playing for the Winnepeg Blue bombers up here in the CFL.
http://www.bluebombers.com/
If you're interested.
Yup it gets very interesting then. Btw my grandson piching in the state tournament is the picture. g
Ya, nice up moves yesterday. Then it gets interesting hey?
I have relatives in town this week, so I'm not at the computer that much, FWIW.
$Nasi and $Nysi are both about 100 points away from making new prints on a 140 scale. Probably they can reach that this week or monday.
Hmmm, $nasi has a similar pattern and with the way it has been goosed for the last few days would only take this week to get there. Fun Fun Fun Lol.
http://stockcharts.com/webcgi/Pnf.asp?S=$NASI&Y=U&B=140&N=A&C=2
That sure is a long time in forming. I kinda hope it breaks down, because if it breaks out it's gonna rock. I would like a few more positions first. :^))
QCOM is looking a little weak today. Might still have some troubles.
Yup I am on the fence as to which way we break. However this pattern is primed to reveal, so now I just watch and wait. lol If it continues on up then we still have a ways to go for a double top breakout but..... If it turns down then 9,000's are almost a guarantee on the dow.
http://stockcharts.com/webcgi/Pnf.asp?S=$NYSI&Y=U&B=140&N=A&C=2
Hey OP.
Ya, I agree that heavy resistance is approaching and that a trip back down would be very helpful. Don't know if it will happen any time soon, though.
It looks like maybe we can get a little pullback going here today, but that will prob. be bought again. Have to let the dailies get overbought again before we get any meaningful down move IMO. Of course, it could just turn around right now and drop like a stone, right? LOL.
To me all the nasdaq rallies are just smoke-n-mirrors unless and until 2240 is taken out. To break above the longer term bearish resistance line dating back to sept 2000. As time goes on the 2240 will be lowered some with rollovers.
http://stockcharts.com/webcgi/Pnf.asp?S=$COMPQ&Y=U&B=70&E=on&N=A&C=2
Looks like 2800-3000 might be a next target if and when the nasdaq makes up its mind. I would feel more bullish IF that span around 1500 was filled first.
http://stockcharts.com/webcgi/Pnf.asp?S=$COMPQ&Y=U&B=140&E=on&N=A&C=2
The conservative guidance hasn't changed. IT spending in storage is slowing some. 29.40 is the new break down area while 34.39 triggers it long up to about 37-39. I would be hedged on earnings as I don't think they will be any more optimistic about next qtr earnings. Nothing wrong with their earnings just conservative again.
http://stockcharts.com/webcgi/Pnf.asp?S=QLGC&Y=U&B=.7&N=A&C=2
ok op, what are your thoughts on QLGC this week?
Of course it course break up and run to the 230 range that might hurt shorts. gg
The nas does seem to be lagging quite a bit. Not the best indicator or strength. But, the Semi's are still strong.
This looks good as well, but sure doesn't look like we're about to go to new highs though.
http://stockcharts.com/webcgi/Pnf.asp?S=$NYHLR&Y=U&B=7&N=A&C=2
EDIT: IHUB sucked the big banana today.
The nas does seem to be lagging quite a bit. Not the best indicator or strength. But, the Semi's are still strong.
This looks good as well, but sure doesn't look like we're about to go to new highs though.
http://stockcharts.com/webcgi/Pnf.asp?S=$NYHLR&Y=U&B=7&N=A&C=2
Likely we get at least a short trend change here. The ratio of new highs to lows has a fairly large naked bottom that likely will be covered soon.
http://stockcharts.com/webcgi/Pnf.asp?S=$NYHLR&Y=U&B=1.4&N=A&C=2
Lol what's wrong with this picture? As compared to the $nyhlr anyway. g
http://stockcharts.com/webcgi/Pnf.asp?S=$Nahlr&Y=U&B=1.4&N=A&C=2
Ya I have no unhedged shorts or longs right now. We have to decide where we go this week I think especially in the dow.
More likely the dow than the naz. The naz can run a bit more, or not. The dow has to make up its mind this week where it goes. Abreak up out of these levels would be a nice signal long on a pullback and a break down is a change of trend.
Hi op...are you talking about the Naz, here? Put/call is pretty low in here for this to continue...you think a drop to 2100 or maybe a steeper drop??
Hey OP. I don't know what we're going to get here, but that inverse H&S on the COMPQ hit, and we are still pretty oversold on the daily. This could turn out to be a disaster for shorts. That said, it could also be a headfake.
I don't have a strong committment either way, and was also expecting more down. Now, SMH at 40 wouldn't surprise me at all.
We have a double top in the tasty cake indicator and am watching for a possible rollover. Very overbought, any upside break out of the double top would be a nice shorting op I think. gg
just read todays postings on your thread .hope you boys are having fun.I am having a ball. tasty cake man LOL cya the smag
lol at least you weren't butchered. Looks like $indu 10,780 might be an area to take the dow long if it gets there.
http://stockcharts.com/webcgi/Pnf.asp?S=$INDU&Y=U&B=140&N=A&C=2
Of course there still is that much naked 8500 area down below too. g
Well, at least I have found out what wrestling with a pig is like. Flop around in all the slop, and end up nowhere. LOL.
Look at the internals of the rally today, anemic is too strong a word. We still are set up to drop according to internal strength. But then we do need to get my summation prints yet so the chart will be purty. gg
Oh ya. DIE QLGC DIEEEEEE!!
WTF are we doing rallying any? LOL. Didn't anyone notice that terrorism this morning? NEM down, markets up. Well, that's normal these days I guess. At least I got to buy back the NEM calls.
It seems to me like we need a nice drop here soon, but that might be the set-up for a lasting rally. I'm gonna buy some if we get it, anyway.
BTW, look at NEM. Is that a 5 wave pattern off of the year high? 4 complete, and new lows coming?
Too bad, tasty cake indicator at 158% today, not a very encouraging sign for a rally.
That will weed out quite a few of them. I think there are pretty heavy capital requirements to doing that. If I remember right, I think 'marketeye' did that some time ago. But, I've been on paltalk 3 times in 3 years, so I haven't really got a clue.
SO I have been told. If these guys aren't registered they better get registered with the SEC as an investment adviser.
Really? Such turmoil. LOL. Prob. a good thing, as you know the SEC is going to stick its thumb in there at some point.
So I guess another biz venture has went down the tubes for tasty cake man. On his own again from what his subscribers tell me. g
Ya. It figures I want to get cute on QCOM and it ramps.
Look at CREE Aug 25 Puts. 1.50 in time.
IF we don't end red uh oh on tuesday. Likely we end red or pink anyway.
We gonna end red today? Could be interesting. That MACD thingy on the summations hit.
Heck if I know! lol
LOL. Ya, SMH 65 min looks like it wants lower too. QQQQ as well.
Hey, what's the deal. I was just looking on realtor.com at housing in Memphis. Why are they so cheap. Beautiful homes on 1/4 acre lots for 225K.
Tasty Cake indicator at 60%, this market should roll over. lol
All I really have is an overbought and rolled over 65 min. and an overbought 120 min. Another run at 30 might just be good enough for me but Jim tells me 29 is quite likely on his system.
Either way, DIE QLGC! DIEEE!
Lol The action likely starts on tuesday. Tomorrow is likely to look a lot like today. g QLGC lacks direction so should go wif da flow for now. g Seriously I don't have any clear signals on qlgc.
Sold my QLGC hoping to reposition lower.
The oscillator on my 65 min. says we have lots of room we can go, but that's pretty high.
Look at the net advance declines on both indexes, not leaving much room for upside tomorrow at the open anyway.
QLGC blowing its wad all in one day. Nice bounce. I hope we can take out today's high tomorrow. Maybe the bounce will become something more then.
Nice oversold bounce here. It looks like the summations have rolled over, hey? They will be interesting on this bounce, if it materializes.
I bot a first installment of QLGC yesterday. Thereby assuring it will see 27.50 at the least. :^))
More like some grease. SMH, QCOM, QLGC. All getting close to a buy. Now, are they gonna give it to me, or just get close enough to tantalize, and then run 'em away.
Lol put some pepper on it. Am watching to see what happens to the market when $nasi reaches say -50 net issues. It may turn and make another run for the top there. Have to watch and see.
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