Replies to post #6860 on Market Sense and Sentiment (MKTSS)

[Bernard Ng]

Morning Steve, most charts say that we will go down. A hold of 950 on NDX looks ok for a quick bounce. I have my Change of Trend day as today, so at some point today or tomorrow, we will head back up, according to my theory. BTW, end of month windows dressing should also kick in... I like it up in short term, for how long? Till Monday maybe... I really don't know. September is coming, so in the "Long" run, I like it down statistically speaking. Before September 11, will there be a patriotic run? Maybe...

signed,
Bernard

[Bernard Ng]

Oh.. forgot to answer your question, I'm trading INTC, no more ORCL for me. Yes, I scalp everyday, depends on the day, I trade about 300k to 500k of INTC daily. I also keep an eye on MSFT, ORCL, and SEBL...

Recently, I've been watching SOX with the NDX E-mini, I can actually find out when NDX will run/tank hard from the SOX chart...

signed,
Bernard