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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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To: Gush who wrote (935)6/21/2005 12:26:25 AM
From: Walkingshadow  Read Replies (1) of 4814
 
Okay, okay....

I'm kinda partial to this one:

139.142.147.218

PD is in a downtrend, has rallied into resistance, is extremely overbought.

Looks to me like a classic bull trap:

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iLg!Lk14]&pref=G

Here's one about to hit gap resistance:

CBRL:

139.142.147.218

CBRL might have a bit of upside left, my guess is one day or less:

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iLg!Lk14]&pref=G

TZOO has imploded, now rallied into resistance after a clear failure and new downtrend:

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iLg!Lk14]&pref=G

It is not exactly extremely oversold, but it DOES have tight BBs:

139.142.147.218

COGT looks like it has about another day of upside, but should be watched:

139.142.147.218

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iLg!Lk14]&pref=G

DWSN is in about the same shape:

139.142.147.218

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iLg!Lk14]&pref=G

Same with ECLP:

139.142.147.218

stockcharts.com[w,a]daclyyay[dd][pb50!b200][vc60][iLg!Lk14]&pref=G

But careful with this one, it just rallied through the 100 sma; might have another 2 days of upside left in it.

Here's one that's really trying to fail big:

GRA:

139.142.147.218

stockcharts.com[w,a]daclyyay[dd][pb100!b200][vc60][iLg!Lk14]&pref=G

Please understand I haven't looked at these in any detail (short interest, for example is important). I know TZOO has been heavily shorted for a long time, so there is significant risk of a short squeeze.

T
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