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To: skinowski who wrote (131559)4/2/2006 2:18:03 PM
From: venividivici  Read Replies (2) | Respond to of 209892
 
I am seriously considering "getting bullish" first thing tomorrow morning, on any strength, against Friday's lows

If we take out Friday's NDX high, I'll also get short-term bullish.

I tried to buy two breakouts on the QQQQ this week at 42.12 (the 61.8% retrace of the Jan-March move down) and was stopped out immediately. I'm trying to buy into the short-term bullish case on a disciplined basis, but the market isn't cooperating, so I think it's rational to continue to fade upside moves.



To: skinowski who wrote (131559)4/2/2006 2:55:33 PM
From: Shack  Read Replies (1) | Respond to of 209892
 
Interesting because a failure of COMP 2325 to hold would make me short-term bearish, at least for a hundred point drop. Potential rising B triangle off the Feb 13 low.

and charts for "suspicious" points.

So far those points have been met with narrow chop. I think volatility picks up this week, one way or the other.