Classic TA Workplace Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Classic TA Workplace

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Henry J Costanzo who wrote (139784)	12/30/2006 10:05:39 AM
From: hawkeyefan	Read Replies (2) of 209892

I have been away from the markets so I am catching up. How far would the SPX have to retreat to make you think the rally is finished? Just asking, as I also do not believe it is over. The NDX is another matter. We have had 2 Friday closes below 1760. The previous week we had a weekly reversal and honored it this week. I am still long QID or short the NDX. I have to think this index is headed lower. You talked about the wedge on the SMH. I do see that but if it closes below 33 a couple of times, I would have to be threatened with bodily harm before I would buy it.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next