Sunday, December 03, 2006 7:16:41 PM
Thanks, WB, I need to revisit the topic that you commented on since the last time that I made comment http://www.trend-signals.com/Comments/analysis/MarketEconomicCycles060831.htm
and adjust based on what I observed.
To summarize what you pointed out and what I commented on is the difference between "Soft Landing" and "Hard Landing". Hence, while I know how to reconcile the differences, I will need to revisit the subject.
I commented on the previous post: http://www.investorshub.com/boards/read_msg.asp?message_id=15238838 and these are the charts.
Sector iShare & Big cap: The recent AAPL upgrade is certainly to boost the general market action as well as upgrading MSFT a week ago.
While GOOG is retrieved from $500 resistance, 60m intra shows Positive D. at 200ma S.
ORCL positive D at major support on 60m.
AMGN underperformed as we have seen $BKX retracement after election, but it is also closed at a support.
QCOM formed symmetrical triangle on daily after the recent sharp retracement; hence need to confirm.
In conclusion, intraday shows positive D. even though major market momentum is decreasing with negative D; so, again we need confirmation.
WB, can you tell me whether you can see charts on this page?
http://www.trend-signals.com/Comments/2006/QQQQ06Dec.htm
Best Wishes
and adjust based on what I observed.
To summarize what you pointed out and what I commented on is the difference between "Soft Landing" and "Hard Landing". Hence, while I know how to reconcile the differences, I will need to revisit the subject.
I commented on the previous post: http://www.investorshub.com/boards/read_msg.asp?message_id=15238838 and these are the charts.
Sector iShare & Big cap: The recent AAPL upgrade is certainly to boost the general market action as well as upgrading MSFT a week ago.
While GOOG is retrieved from $500 resistance, 60m intra shows Positive D. at 200ma S.
ORCL positive D at major support on 60m.
AMGN underperformed as we have seen $BKX retracement after election, but it is also closed at a support.
QCOM formed symmetrical triangle on daily after the recent sharp retracement; hence need to confirm.
In conclusion, intraday shows positive D. even though major market momentum is decreasing with negative D; so, again we need confirmation.
WB, can you tell me whether you can see charts on this page?
http://www.trend-signals.com/Comments/2006/QQQQ06Dec.htm
Best Wishes
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