Thank You Vesselin for all your great and helpful information. A couple questions for you if you do not mind:
1) Last night I read something you wrote on Parabolic SAR indicators but I cannot find it today. Can you direct me?
2) Do you think we are nearing a top in the QQQ's?
3) Re: QQQs I have switched my thinking to shor-term up, or long as I noticed today
A) We bounced off the lower (20,2) Bollinger bands
B) Using the parbolic SAR indicator, we have a dot under today's price which I belive indicates a buy, or long.
C) The MACD (60 min & 30 min) which I watch on a 20 day chart) has turned positive, also indicating a buy.
Can you give some input? I am a short-term trader using puts and calls on the QQQs and am a bit at offs with other volatility indicators seeming to indicate a top soon.
Thank you
CHR
(Stands for Cheerful, Happy and Relaxed--Something my father told me to try to be at all times, if possible, for long life)
