News Focus
News Focus
icon url

nomoweed

10/05/04 2:37 PM

#305792 RE: Smart_Money #305790

And when does market start pricing all this in?Hasn't for 7 weeks,going on 8(QQQ up 27 out of last 37 sessions).
icon url

KaliCo

10/05/04 2:52 PM

#305807 RE: Smart_Money #305790

FWIW I've been doing some thorough OIL calcs...

using fibos and monthly charts, a possible set up is since 50 established a temp resis (support?) level, and if thats the .786 fibo then the high will be put in somewhere around 60, right now I expect that to be a reaction high as in incredible volatility.

The other scenario is we've hit the high and we are in the reaction volatility.