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Thanks for the heads up Gizmo...
W@G1 QQQQ 07/25/05 for a 07/27/05 close
40.00 BULLarkey
39.75 bob3
39.00 rayrohn
38.50 marin
38.41 frenchee *
* realize this WAG is late... Just got back from vacation yesterday afternoon.
Hello AnderL,
Would a long position in EFA be a suitable play on the revaluing the yuan?
Hi alvinray10,
It was good to find your post today. Just got back from vacation and picked up some EFA today. Rest of my $$$ are in cash until I figure what to do next.
See ya around IHub!
Hello swingman,
Got some more short shares yesterday @ 38.44. Here's the five main reasons why I think we are close to a short-term top:
1. Volume not confirming recent price trend. Probably short sellers are covering positions causing a rally, and money is leaving the marketplace.
2. RSI and Slow Stochastics in overbought area and showing signs of rounding.
3. Negative divergence between price and MACD.
4. Price rate of change too steep the last five trading days. This parabolic rate of change isn't sustainable.
5. $NAMO on a sell signal too.
My near term target is the 21-day SMA. Plan on adding more to my short position up to 38.64. Stop still set at 39.
Way to go bob3
I've never trusted the LEI because of their non reliability.
Thanks for the article Bullwinkle.
AnderL,
I appreciate the comphrehensive answer and forecast.
THANKS!
Hi AnderL,
Do you trade TLT? If so, what's your current short-term forecast as well as a buy, hold, or sell rating.
Thanks.
agree fa,
I got short earlier today when price hit the upper Bollinger Band at 38.40 on the daily chart. If I'm a little too early so be it. I don't see the run extending past 38.64 if that's the case of being too early.
W@G2~QQQQ 07/13/05 for a 07/15/05 close~
37.45 frenchee
37.07 financialadvisor
Hello swing man,
Held out until 38.40 today to establish an initial short position. Set initial stop at 39. What Mr. Market does around 38.64 will speak volumes. Hope I'm not too early!
Hello swing man,
I'm looking to short around 38.20 especially if volume is average or below.
I got stopped out at 37.51. I'm staying flat for now. Good luck with your trades swing man.
W@G1~QQQQ 07/11/05 for a 07/13/05 close~
37.11 financialadvisor
37.40 frenchee
Way to go marin...
way to go swing man!
I'm haning with my short unless 37.39 is taken out today.
Congrats rayrohn
airedale88
Thanks for sharing the results of your analysis...
Wondering if your results extend to the bond (TLT) and health-care sectors as well (XLV)?
Thanks DrWorm
DrWorm,
What's your target to go long TLT?
W@G2~QQQQ 07/06/05 for a 07/08/05 close~
36.65 frenchee
My current target for Wednesday close is 36.65 with a stop of 37.51.
W@G1~QQQQ 07/04/05 for a 07/06/05 close~
36.23 frenchee
Hello swing man,
Yup. I'm still short with a stop at 37.53. Seasonality is over...
Good luck with your trade.
Have a great 4th of July!
Way to go rayrohn!
W@G2~QQQQ 06/29/05 for a 07/01/05 close~
quiet 38.00
37.48 frenchee
DrWorm,
I shorted TLT this a.m. Think the recent-swing high was put in yesterday. Will keep the stop tight if I'm wrong.
Thanks for the informative link OFC...
W@G1~QQQQ 06/27/05 for a 06/29/05 close
36.72 frenchee
Today's stop @ 37.86. Plan to get some more if it gets at least 37.61 today. Don't think that will happen but ya never know...
Dr Worm,
I'm waiting for TLT to get overbough before I short it. It's on the radar screen but I don't think it will have a strong echo until it gets around 97. The other main factor keeping me out of a short is the ADX is going north and the fast and slow MACD indicators are about to go on a buy signal.
http://stockcharts.com/c-sc/sc?symbol=TLT&period=DAILY&years=0&months=7&days=0&i...
not too dull at the moment...
Bliss,
The volume trend isn't confirming the recent price swing from the April lows. That's a bearish divergence shown on hogs chart.
Hello Peter,
I don't follow KRY but I think someone on this board could give you some info... http://www.investorshub.com/boards/board.asp?board_id=3386
Got my short in at 38 this a.m. Keeping initial stop close at 39.
Way to be FA!
Kaja Bear N,
Thanks for the informative link.
Do you find the seperate settings giving you better signals relative to the default setting in most software packages for MACD?