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Post# of 79025
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Torqputty

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Torqputty

Re: CaribbeanJim post# 25116

Tuesday, 03/14/2006 11:46:09 PM

Tuesday, March 14, 2006 11:46:09 PM

Post# of 79025
Market View RSI-5play

all and CJ

i see todays action simply as a completion of the notorious RSI-5 play. We will get a residual follow up tomorrow to upper bollingers $41.85. At that point i will short the Q's. I'm not a shorty but i will put-up or shut-up.

Bulls
i will start posting bullish charts and comments if resistance breaks on the Q's daily chart $42, plus an upside weekly stoch.

Bears
i clearly see downside on SMH & QQQQ until the weekly stoch says otherwise.

S&P breaking out,
i will add 50% 401k to S&P should a full candle break-out tomorrow. thems my rules

lol and happy trading

TRADING TOOLS
http://www.investorshub.com/boards/read_msg.asp?message_id=10351753

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