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learningboutinv

08/11/08 3:42 PM

#57393 RE: GLENO34 #57392

Gleno, daily bearish shooting star circled. Short-term, in the past it was good for 2-3 days down. Renko QLD using 1.75pts/brick's line in the sand is now $77. Break of $77 which is ~1895 on $NDX on a closing price means the trend has changed to down. We still have 20 mins left before the close, but it sure looks like a shooting star. (Edit - BTW scamman used to call these the 1 finger salute. LOL...)