Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (63016)	4/30/2005 6:22:18 AM
From: shades	Read Replies (1) of 74559

Cool MOO, Ok I am still trying to master charting and I have some resources you might can help with - first off on QQQQ from stockcharts. stockcharts.com[w,a]daclyyay[db][pi20!d20,2][vc60][iUa12,26,9!Ld20]&pref=G The "divergance" if what I understand from investedcentral.com of MACD is that the thick line in MACD has to get above the thin line - still looks trending down for both lines with the thick under the thin line - not good right? From the bollinger bands - sill looks like it is trending down as well. The CCI doesn't show any uptrend from what I see - but it shows much better than april 8-16th - could go down though - no clear trend. stockta.com Most of the stuff from STOCKTA website also shows very bearish on QQQQ. spiraltrader.com Here is some free software I found a few days ago about fibonacci spirals - the author claims the mainframe software has fibonacci seqeunce algorithms at the trading and brokerage houses? If I am understanding correcly - the spiral lines are support/resistance - however it looks to me the latest break through that last spiral line seems to be heading DOWN - a major long term bear - maybe I am wrong on this. spiraltrader.com Here is the flash movie where they make thier case.

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