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Replies to post #38420 on ajtj99's Market Pulse

Replies to #38420 on ajtj99's Market Pulse
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was Steve

12/16/04 11:42 AM

#38421 RE: Justa Werkenstiff #38420

it seems to go in cycles. 3-4 weeks ago it killed the ndx. then two weeks ago it lagged and even was red 4 days in a row. since then it was killing the ndx again until an hour ago today when it didnt bounce and the ndx did. so either the ndx outperforms for about a week or we actually reverse and head down (NAH thats not ever going to happen)
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Math Junkie

12/16/04 1:22 PM

#38429 RE: Justa Werkenstiff #38420

QQQQ and SPX max pain at 39 and 1150, respectively. However, the market will be up big tomorrow, because I sold a couple of trading positions.

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Math Junkie

12/17/04 1:56 PM

#38511 RE: Justa Werkenstiff #38420

It's been interesting to watch Max Pain at work on QQQQ today. The latter got pulled down almost to its low of a week ago Thursday, while the NDX only went down to its level of last Friday. Seems like that's a difference that can't last.