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Re: farooq post# 431

Tuesday, 02/26/2008 10:28:58 AM

Tuesday, February 26, 2008 10:28:58 AM

Post# of 7916
Farooq, I'll add my response to the others.

Definitely keep posting your intraday signals. It helps us working stiffs to see what the guys who are making a living at this are doing at any given time.

Interesting how positive yesterday and the day before looked intraday at times, but on a daily chart, we have only a continued narrowing of the converging triangle, with a steeper slope on the upper (lower highs) line. It's hard to imagine how this is going to have a positive (rally) resolution.

I'm talking about NDX and COMPX above. You could argue that the higher lows line looks stronger on the SPX and NYA.

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