Bottom (and Top) Pickers, Unite! Message Board

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Strategies & Market Trends : Bottom (and Top) Pickers, Unite!

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To: Teresa Lo who started this subject	1/18/2001 2:44:09 PM
From: Teresa Lo	of 214

NDX Intraday Update: Case in Progress, Top Picking! Excerpt from Trader's Master Class, in progress: 01-18 14:00 (ET) ispeculator.com This is the 45M NQ chart...test of top in this timeframe, and it's the moment of truth. Will it be a trap? or will this be the real thing? Mark said that a close above 2600 is what he needs to go positive. Note 2600 is the the long horizontal blue line, and so if this is confirmed as support on the close, then it will get exciting. I of course, am paraphrasing him and could be wrong in trying to interpret the work. 01-18 14:22 (ET) ispeculator.com Well, I think the jury is still out, since this is still a test of top end of the range, wedge or no wedge. 01-18 14:22 (ET) ispeculator.com And don't forget, there is the matter of this thing too on the 15M NQ chart. 01-18 14:35 (ET) ispeculator.com To add to the mystery, we have a dark cloud cover right at the tippy top of the pattern on the 15M chart, on test of top in two larger timeframes! This IS exciting! = ADDITIONAL COMMENTs = Obviously, we need to see how these patterns and tests resolve. The best way is to wait for it to make a clean break and on the first retracement (a pullback if it breaks to the upside) the market will tell us everything by either confirming or failing on a test of support. We will keep you updated. Teresa

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