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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: Smooth Drive who wrote (302)4/8/1999 9:09:00 AM
From: Skipperr  Read Replies (1) | Respond to of 2103
 
Hi Eric,

Just saw your QQQ PnF chart. Great! I'll be looking for more of your information on PnF QQQ. I've ordered Tom Dorsey's book and as soon as it arrives, will start learning the PnF method.

Just a couple questions:

1) What software did you use to produce the QQQ chart?

2) Then, in order to reproduce it here, on SI, did you save the chart to a file, and then just paste the file onto the open response page?

Thanks again for the important information.

Best regards, Skipperr



To: Smooth Drive who wrote (302)4/8/1999 11:17:00 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 2103
 
Eric; Thanx for your input on QQQ, I see it like you as one of the
most lucrative basket trades on the market. I'm not up to speed
with P&F charting but your conclusions seem to confirm mine,
however even with my buy signals I've been to cautious as of late
to want to go long. Seems I missed out on a lot of upside but
the market is not going to go away & I can wait for the next
correction. Keep us posted thanx.
Jim




To: Smooth Drive who wrote (302)4/10/1999 2:07:00 PM
From: Bwe  Read Replies (1) | Respond to of 2103
 
Eric,

Your post on the QQQ was great p&f stuff. A quickie question if I may; Where did you begin drawing the second Bullish Resistance Line (and with new abbreviations yet)? I'm not all that familiar with the QQQ p&f chart, however, I don't see a starting point for that second Bullish Resistance Line from the chart you posted.
I also mentally put in a Revised Bullish Support Line at $96. Not a High Pole pattern on the whole chart, but a move to $102 or below would be a High Pole Top and would suggest a potential move to the Revised BSL.
Hope I can contribute to your fine work.

Regards,
Bruce



To: Smooth Drive who wrote (302)4/10/1999 8:30:00 PM
From: chartseer  Read Replies (1) | Respond to of 2103
 
Hi Eric!

I have a question concerning 76 bullish charts in QQQ 100. I have QQQ as a portfolio on DWA site, According to DWA site there are only 57 bullish charts versus 43 bearish charts. How did I come up with a lessor figure? Not that it is important but I am just curious as to you 76 figure.

Thanks for your great QQQ PnF chart.

Chartseer