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northam43

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northam43

Re: None

Thursday, 05/13/2010 12:53:14 PM

Thursday, May 13, 2010 12:53:14 PM

Post# of 2827
QQQQ Cycles:

I have notice that the QQQQ Daily today hit my upper trend line at 48.75. That puts it into Phase II. So if it closes today below the upper trend line and opens tomorrow below it. A new QQQQ Daily Phase I would start tomorrow. At the present time it looks like a high percent chance that's what will happen.

That could also mean a possible large sell off tomorrow.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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