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SyndicateTwo

02/05/09 10:37 PM

#169 RE: sungolfer #167

Looks like the $sox actually breaking out. Look at the volume today on MRVL and BRCM. MRVL actually breaking out of a clear resistance level. BRCM still has a few bucks to go.

I don't trust this whole thing. There's a cycle high coming I think it's Feb 11th. April is projecting to be a possible monster top. I don't mean monster high price, just a very big top in terms of event. Then it could be bigtime down into late summer to new lows.

That's the way it looks from a cyclical POV.

TradingMarkets.com's NDX powerratings has just about every 100 stocks with PR #s under 5. Most are 3 and 4. So, that's been a pretty good tell in terms of timing at least a short on the Q's. Maybe a good straight out put play on the Q's.