Replies to post #42889 on ajtj99's Market Pulse

[teaparty]

HOURLY'S....falling wedge or channel on spx...looks like channel on ndx....still think they go for Q's 37 strike, oex 570 strike. 1500/05 ndx for the close. If dow closes under 10725...it's toast. Just a clarification on my trailing stop on nq..the trailing stop doesn't kick in until 10 points profit are realized. Until then, my mental stop is 1531. All my stops are not hard. NO JOKES PLEASE
http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[w,a]eacayiay[d10][pc4!c8!c26!c34!d20,2!b50!f][vc...

http://stockcharts.com/def/servlet/SC.web?c=$ndx,uu[e,a]eacayiay[d20050115,20050214][pd20,2!c4!c8!c2...

[sylvester80]

It would be interesting if the criminals try and close us right at NDX 1500 so that everyone would have a 3 day weekend to think the consequences. :)

[ajtj99]

Well, we've hit the fork extensions I had for today on the 60-minute. We'll see if those hold on the NDX.