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To: jjstingray who wrote (70458)4/4/2003 4:02:39 PM
From: JRI  Respond to of 209892
 
Not directed at you, jj

The title of the thread tells where focus should lie...Shack, AA (basically the founders of thread) has "allowed" (after all, they have the right) regulars to concurrently comment on ancillary indicators they follow...within reason. I think AA makes a great point that we should all better self-censure the broad, empty sayings that are veiled as indicators, but really have no intrinsic value here (or really on any investing thread). They only muck up the mind.

I've been as guilty as anyone (at times) of posting drivel, but at least I have a go at counts and get a few right too (when I more frequently wiggle traded, regulars will tell you how anal I was with inside counts)....I don't think everyone here has even taken the time to even crack an e-wave tutorial (and that's not cool...)

AA rocks-g,ng

edit- Quite an unwinding in the QQQs the last 3 weeks...nearly 3% (negative) divergence I believe from these levels compared to when we were coming down of top..
I am looking for the jello to end and something impulsive to pop out early next week....I'm tipping up, but will go with direction break



To: jjstingray who wrote (70458)4/4/2003 4:02:42 PM
From: AllansAlias  Read Replies (4) | Respond to of 209892
 
(This is not directed at you jj.)

The OEX has closed now three days in a row within two points, and up day and two flat days. The related volatility index, the VIX, is headed for its 2nd higher close in a row. Folks, that ain't exactly screamin' sell.

QQQ option open interest is still too bearish. I don't think it has budged much in three weeks. April's p/c is like 1.22 and June is worse I think. If "everyone is long", then who are these few stragglers? -g/ng



To: jjstingray who wrote (70458)4/4/2003 4:04:54 PM
From: skinowski  Read Replies (1) | Respond to of 209892
 
JJ, are you kidding? No response to charts? Man, people here no longer respond even to jokes! (may not be so great, but still)...

Message 18796163

...On a more serious note, would you please give a link to your charts?