Nasdaq-100 : End of Bull Leg?

Discussion in 'Trading' started by riskfreetrading, Apr 29, 2009.

  1. S2007S

    S2007S



    4150 is a long, long, long time away, we need to some kind of new technology that everyone can throw money at and hopefully create the next tech bubble that would take it back to NDX 5000. Besides that NDX 5000 is at least 15-20 years away.
     
    #21     Apr 30, 2009
  2. WinSum

    WinSum

    The market makers has control of the NQ March 2009 inventory.

    The market is not going to sell off until we switch over to the NQ June 2009 contract. That is when all the shorts will capitulate and the market makers no longer control the inventory.

    The Longs are feeling no pain now, so there is no reason for them to sell. There is an old trading axiom. If it feels good, keep doing it (ie, buy).
     
    #22     Apr 30, 2009
  3. noddyboy

    noddyboy

    Sell in May and go away.
     
    #23     May 1, 2009
  4. We have now two days of price action after this thread: Thursday and Friday. In both days day sellers who faded market won, and overnight holder made profits.

    What do you think: down or up?
     
    #24     May 1, 2009