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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (11428)2/7/2001 9:43:38 AM
From: TechTrader42  Read Replies (1) | Respond to of 12039
 
Look at MACD 13/34/89 with QQQ, and also 13/34/5. Just a wider view to be aware of when skiing the bumps. Into the 50s again? It's possible. The lower Bollinger band may be revealing, too. Are those indicators allowed under the topic? Oh, another helpful tip: Sharpen your edges and check your bindings.



To: Chris who wrote (11428)2/7/2001 9:57:53 AM
From: Trader X  Read Replies (1) | Respond to of 12039
 
re: he redrew the neckline

I have a problem with where he draws it, since his line is below the Dec 11 high of 3,000 by 100 points. If the Nas moves to 3000 again and retraces, then I think an argument can be made for a H/S pattern developing. Before that time it's entirely speculation/wishful thinking.