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The Freep

05/03/05 1:31 PM

#48897 RE: positiontrader #48896

Gee, Marc, gearing up for a sharp move around Fed time? Who'da thought it??? <g>

the freep, waiting a half hour to make more coffee
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finally

05/03/05 1:31 PM

#48898 RE: positiontrader #48896

we are also reaching the apex of the neckline on the inverse H&S and our up trend line from last Friday's low. We should get quite a move post Fed.

Does anyone know if "Bob" still thinks we tank here since we hit his 1428 target?
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Bacchus_II

05/03/05 1:32 PM

#48899 RE: positiontrader #48896

LOL!!! is it NDX or a SAX? -g-

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Ek

05/03/05 1:39 PM

#48901 RE: positiontrader #48896

wow ! talk about complete quiet...SPY moving in $.01 range..bands tighter than..11:15 EST i suppose, with fed announcement, for a bust out move. the question is..up or down ?

ek
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ajtj99

05/03/05 1:55 PM

#48905 RE: positiontrader #48896

Up would be my preferred, and the 30-minute slow stochs 5,5 have almost cycled back down again in this sideways action:

http://stockcharts.com/def/servlet/SC.web?c=$NDX,uu[h,a]facayyay[pc10!c20!d20,2][vc60][iLb14!La12,26...