Replies to post #141365 on ajtj99's Market Pulse

[BRIG_88]

CDO's should be outlawed and scumbag banks need to go back on the 3-6-3 rule....borrow from the Fed at 3 loan at 6 and tee off at 3.....the Glass-Steagll act should never have been repealed....there needs to be a firewall between banking and Wallstreet.....this baloney of selling mortages needs to be banned as well...you loan it?...you own the loan til paid off or the house is sold.......BRIG

[rimshot]

question for you, AJT ... from a trading friend to whom I forwarded your earlier XOM forecast a while ago..thank you for any answer you can provide.

Roughly 4 weeks ago you told me that AJ from I-Hub had projected XOM to make a bottom at approximately 63 ish.

With XOM closing at 67.90, it is getting near that neighborhood.

Considering how XOM has been acting for the past several weeks, it could reach AJ's projection this week.

Was AJ's projection for a slow bottoming process at the lows or a downward spike that would be reversed in fairly short order?

[Chrisalias]

Aj, are there any numbers that you are looking at today as possible retrace points...from which we would head back down?

[sylvester80]

QQQQ gap open at 26.67 from Nov 21, 2008.... gaps filled on SPX and DOW... time for NDX???