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To: Perspective who wrote (9355)11/17/2008 12:29:30 PM
From: jaker  Respond to of 41419
 
Bob here is some intraday noise for ultra short term traders

QQQQ 15m got the nice little skip off the 1.618 fib... where she goes nobody knows, but the median pitchfork is legit, I think.

If it gets there, a zoom thru or pullback?

h1.ripway.com



To: Perspective who wrote (9355)11/18/2008 8:25:14 AM
From: skinowski  Read Replies (2) | Respond to of 41419
 
Basically, what you are saying is - Keep it simple, step back and watch the trend, stay cool, don't be emotional.... No doubt, all this adds up to what can be defined as "Thinking to Win" (g/ng).

To my eye, there is something decisively "ED-ish" about the action since mid-October. There are also RSI and MACD divergences evolving, which seem to go along - fwiw. Would look "better" after one more Up and Down sequence.