InvestorsHub Logo
icon url

*~1Best~*

11/25/06 9:57 PM

#2341 RE: 3xBuBu #2340

Wonderbuy, OT

re: Technical confirmation

This post is to explain reasons for my hesitant replies in the future. Maybe this will be deleted by you, but I need to explain the situation. As quoted below, a poster, argos, who attacked me is again posting a slander on CS board. I don't want to turn your board into where Off-topic will be posted more than once.

I would like to note that I am stunned by slanders and offensive posts by some posters against me on CS boards.

As I repeatedly stated, my background is financial with a graduate degree with x-CPA as well as I have accurately called market turns since July 2004 as I decided to participate on public discussions on CS.

Those who disrespectful of my comments are reported to get some help. Meanwhile, some posters on CS are already slandering against me including kenwong's previous accusation that I ever posted on iHub board other than this alias.

I am thankful for your understanding and am going to be focusing other issues. Meanwhile, I wish you the best and will try to participate, but please understand that I am taking it slow. Spending 1000s hours of providing market comments and seeing such offensive attack on CS boards needs to be taken care of.

Best wishes to you


========================================================

From: argos Replying To : attendiez (post 98615) Nov 25 2006 9:27PM
Title: ihub

Sharon has moved to ihub and I hope she behaves there. In between rants, she did provide some decent T/A. Although, some have disagreed as to whether or not the analysis was indeed hers.



icon url

*~1Best~*

11/27/06 4:46 PM

#2348 RE: 3xBuBu #2340

QQQQ: Hi Wonderbuy, as we discussed a pull back during the last few days, we have seen a first meaningful correction day, a Reversal Day, which I was looking for a confirmation since my market pull back warning posts during the last week. While I will examine today's market action, the volume and magnitude of profit taking certainly fits "Confirmation" for pull-back characteristics, i.e. A/D was negative 1:4, high volume sell-off, up to 2.5% sell off.

As shown on 60m QQQQ chart, market has retrieved from the upper resistance, closing at the lower TL. As we discussed, market is certainly due for a meaningful pull back. More to follow...

I am not sure how everything will work out and where to post our market comments in the future, but I hope that it is alright with you that we post our market comments here as greenstreet stated. We will be flexible as to following rules and guidelines, so please, inform me when you would like to any time either on the board or by sending me emails.

Thank you again for your understanding and for your patience.


Best Wishes