Replies to post #182097 on Zeev's Turnips Patch-No Politics (ZEEV)

[TREND1]

Note to myself:
The QQQ 50% retrace line between 12/3/2003 high and the
12/3/2003 Low is about 35.12
Must keep that in mind.

[gtober]

Right. I hope we can avoid some of these distractions in the future. We all know you threw the JCOM trade just for posterity's sake, though. :^)

GT

Just so I'm not totally off-topic, this is one butt-ugly daily candle on the Nasdaq. And this distributory sell-off does line up nicely with the roll-over in the Nasdaq bullish percent as well as the sell signal on the Summation Index. I'm not certain yet, but it is beginning to look like a sell the rally phase is beginning.