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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (2219)11/19/2004 6:27:06 PM
From: Vendit™  Read Replies (1) | Respond to of 8752
 
Terry,

<gggg>

My response is a repeat of my post from yesterday.

The chart below shows a 90 day Bullish chart of the QQQ with a Linear Regression Channel metric of 200 dma.

Once again the daily range hit the top of the upper channel, which suggests an extremely over-bought QQQ; I.e., a short term market top; post election sell-off is due.

139.142.147.218

Falling oil prices are holding this Bull in place for now but the bull is heavy and will fall soon. The historical trend and Linear Regression Channel clearly indicate this.

A link to yesterday’s post.

Message 20781189

Have a nice evening,

Reid



To: Walkingshadow who wrote (2219)11/19/2004 7:08:18 PM
From: Vendit™  Read Replies (2) | Respond to of 8752
 
Btw Terry,

I enjoyed the article(s), please post them as you see fit.

I don’t read the newspaper, nor do I watch television. This has been a habit since 1995. Most people who I tell this to think I am out of touch, however I believe just the opposite is true, depending upon one’s interests. My interests are the markets and related subjects.

Politics were recently but are no longer related to the market so my focus is constantly shifting to what IS of the concern of traders and of the market players in general.

And addressing another note…………………

Re: <P.S. Sure, you can do whatever you like with that link. Maybe we can use that information to start a new web-based stock recommendation service. We can call it "Nice Dreams Ice Cream System Stock Picks" >

Don’t think that we can’t do just that!

<g>

Life is good,

Reid