Silicon Investor (SI) -- The First Internet Community

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 : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (319)	5/23/2005 9:06:51 AM
From: Slagle	Read Replies (1) \| Respond to of 4814

Terry, Semi upgrades this morning. Also, if I understood it correctly CNBC is saying that Apple will use INTC processors? Anything to pump the semis. <g> Slagle

To: Walkingshadow who wrote (319)	5/23/2005 9:25:37 AM
From: IHateSourCream	Read Replies (1) \| Respond to of 4814

Hi Terry, Thanks for your reply. Much appreciated as always. So if I may ask -- what is your current thinking in terms of the timing of this retracement? Are you still of the mind that it would likely take place any day? Or do you have a longer time frame in mind as a result of last week's activity? (Or is it just plain impossible to tell? :-)) Thanks again for your feedback. You and Gush have done a great job with this thread. Appreciate all the insightful TA. Best -- IHSC

To: Walkingshadow who wrote (319)	5/23/2005 10:25:31 AM
From: J.K.	Read Replies (2) \| Respond to of 4814

Hey Terry, Hope your weekend was good. The melt-up continues it seems. Looking at this weekly chart, I am believing more and more in 2100 NAZ (38.50 Qs) before we get a significant pullback to at least the 2005 level. stockcharts.com[h,a]waclyyay[df][pd20,2!i!f][vc60][iUk12!Ug]&pref=G WilliamsR isn't above -20 yet. We're past midpoint on the Bollingers, with the top band destined for a 2100 meeting. OBV still has room to run. ...and I guarantee you, many shorts who saw their profits vaporized so quickly last week, are frustratingly trying to get something back by reshorting too early here - ergo the low-volume melt-up. J.K.

To: Walkingshadow who wrote (319)	5/23/2005 8:21:24 PM
From: Gush	Read Replies (3) \| Respond to of 4814

I believe tomorrow will be a red day for the q's. Some of the stocks that I use to gauge the Q's have reversal hammers or bearish candles.. That combined with todays mini sell off just before close leads me to that opinion: 139.142.147.218 QLGC is a great example.. And it's stochastics confirmed bearish for the first time in over a week. Let's not forget that the QQQQ (5,3,3) confirmed bearish today as well: 139.142.147.218 PEACE, Gush Could be a few days of Red.. What do you think?