Replies to post #25343 on ETF SWING & DAY TRADING

[denmo83]

The Old fool...

I've been trying to point that out, but some get offended.

NDX peeked above down trend line at the close:

http://www.ttrader.com/mycharts/display.php?p=39119&u=denmo83&a=denmo's%20charts&id=239

[positiontrader]

Long Term I am bullish also TOF .Just not for tomorrow.I need my down signal to change to an up signal.

[Torqputty]

Market View, TOF

i somewhat agree with the old fool, there are other indexs breaking out or trending. Russell is up 8% for the year.

for me it means i'm focusing on the wrong index for my long trades. i still see the Q's and SMH trending down. but will now turn my attention to small caps & S&P.

i have spent too much time on SMH to dump it now, so i will keep an eye on it for the rally from $33

401k position is 40% long