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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?

To: blazenzim who wrote (6540)	4/7/2008 5:23:09 PM
From: jaker	Respond to of 6865

wtg, My motto is " Get the Money" Short or Long I never know. However, this morning I flipped from QLD to QID... from that NR7 day... I must admit it could be risky here because there is no confirmation that a market structure low is in on QID. The blue line has not reversed up yet. So a jump of the gun it was. I was more interested in Getting the Money on QLD... Besides looking at the fib. ratios on QID daily & weekly. It just looked like low risk ... as well daily critical is at 43.93. So a logical close stop is reasonable... Besides, the $VIX and the Moon made me do it...... h1.ripway.com earnings season can be a crap shoot