News Focus
News Focus
Followers 94
Posts 32546
Boards Moderated 2
Alias Born 10/29/2002

Re: Zeev Hed post# 151823

Tuesday, 09/16/2003 8:20:57 PM

Tuesday, September 16, 2003 8:20:57 PM

Post# of 704041
B = Carrying the “B” line over from Money flow high… previous chart
From post http://www.investorshub.com/boards/read_msg.asp?message_id=1442488
And from a previous chart of that http://www.investorshub.com/boards/read_msg.asp?message_id=1439663

C = Carrying the “C” line over from On Balance high… previous chart… Breaking this line, “’ I’m hoping ” Indicates a new high coming since the previous money flow high has been broken…I believe after hours trading took the QQQ price above $34.55 I can’t remember and I didn’t right it down… see “B” and previous charts
http://www.investorshub.com/boards/read_msg.asp?message_id=1439663

Making a new On Balance high does not necessarily mean a new QQQ price high immediately but IMO inevitable. I would like to see this happen before the QQQ reaches $34.50…If the money flow continues to hold up and make new highs as this happens then “Hello yellow brick road”, because were off to see the Wizard!
I’m done fighting the rally, I hate getting shaking out of a good long and this is what I have noticed.

Please ignore my eraser marks. I drew the “C” carry over line from the previous chart in the wrong place…14M is correct
.
Qmfobvbrkout6 chart



Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today