Playing the QQQQ with Terry and friends. Message Board

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

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To: fiboman who wrote (1659)	8/3/2005 1:41:19 AM
From: Gush	Read Replies (1) of 4814

Your thinking like me ;~) I also count the candles in the bubbles, look for candle patterns, and significance of bearish candles/bullish candles for each stock. Concerning number of candles between pinched BB's for DNA... It's difficult to predict, and every bubble is different. But it gives you an idea as to when the next expansion will occur. Probably around 30ish from pinched to pinched. The most recent bubble looks like this to me: If the next candle to touch the upper BB is bearish black then I anticipate another 10 - 15 days of sideways movement while pinching futher. Then expansion of the BBs. If it's BULLISH then we probably expand the current bubble. Either way I wouldn't jump in until I get confirmation of a bullish candle pushing the upper BB. Could happen tomorrow, or 15 trading days from now. Peace, GUSH March bubble was not that great if you were playing it... It was not predictable prior to expansion.

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