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


To: Gush who wrote (706)6/7/2005 7:57:41 PM
From: J.K.  Read Replies (1) | Respond to of 4814
 
Shiver me timbers, say it ain't so!

I don't know: The 5,3,3 is a fast setting and a mild pause in this decline would pull back those signal lines a fair amount. I think the 14,3,3, is the way to go here:
stockcharts.com[h,a]daclyyay[dc][pb100!b20!f][vc60][iUp14,3,3!Up5,3,3]&pref=G

I'll let you lead the charge on that move you courageous fool -g-.



To: Gush who wrote (706)6/8/2005 8:20:13 AM
From: Walkingshadow  Read Replies (1) | Respond to of 4814
 
Hi Gush,

90 min before the open now, and the futures indicate a moderate gap up at the open.

The reason (ostensibly) is upside forward guidance by TXN, for which TXN was rewarded with a downgrade by JMP Securities), an upgrade of CAT by Prudential, and a favorable DOJ ruling for MO.

So I can't figure out from this if the futures are rallying because of an upgrade or a downgrade. Or maybe they just got inspired by the interesting combination of raising guidance and getting a downgrade.

Then again, maybe it's because Greenspan is still asleep and hasn't said anything at all yet today.

Wonder what he'll have for breakfast? If it is something oily, will traders buy stocks figuring that this means he is okay with higher oil prices?

T