The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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From: westpacific	2/19/2006 5:31:36 AM
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Nasdaq - 2150 coming. All over da charts. Pray that holds as it will test some serious support down there. A failure and we could see 1950! But too soon to go there, lets see what the technicals say at 2150 first. Nice gap fill and near the 233 day EMA as well), not to mention that still holds the uptrend channel from May. I expect the rollover to start Monday. NDX is downright ugly chart right now. Lower highs, bearish failing 3 on Friday, capped under the 50 DMA (with a 21 day cross under near), forming a H&S. Nasdaq Unchanged Volume also called a top Friday, also we had a triple top failure test of an ugly bearish descending wedge. UGLY. Short semis. West

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