Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: gold$10k who wrote (19520)	9/26/2002 5:27:51 AM
From: jimsioi	Read Replies (2) of 36161

valuetrader, oversold bounce with limited upside. The QQQ achieved the turn of most of its trend indicators yesterday. DMI hooked and Ultimate now has a rising bottoms pattern from the lower end of the scale. Market feels like it wants to rally; news today may afford that opportunity. How much upside is the question. Enough to ramp up exposure? Just post the FOMC meeting it was, but on a higher opening today?? Have a few general equity longs, 8% of portfolio, not likely to increase. My "main man" Chris Locke from Amsterdam says the low will be between October 16th and November 6th for a good counter trend rally.....maybe just a retest of recent lows....I'm keeping powder dry for that schedule, trying to figure out the best time to go on a vacation.....you've inspired me. QQQ stockcharts.com[h,a]dbcayiay[db][pc50!c200!c20!c13!f][vc60][iut!Ul14!Uya7,14,28!Ug!Lb14!Lh14,3!Ll14!Ld20!Lya7,14,28]&pref=G

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