QQQQ head and shoulders?

Discussion in 'Stocks' started by Balljet, Nov 17, 2007.

  1. And me posted this

    http://www.elitetrader.com/vb/showthread.php?s=&postid=1684593#post1684593

    other day and nothing but hate from losers mo-fo.

    No listen cause to busy H-A-T-I-N-G



    YOUR LOSS!!!!!!!!!!!!!!!!
     
    #21     Nov 19, 2007
  2. what the hell? You talkin about dandruff??

    chart patterns are for suckas! You need a system that rides the dragon
     
    #22     Nov 19, 2007
  3. =I think I'll do the same.

    I'm watching the support levels and volume on the major indexes. If these get breached I can add some more bearish plays.

    Ps

    My Notes:

    Get your OTM (Dec QQQ)puts.
    BTO ES/NQ (first time, go light) with stops.
    Watch to see if new lows are made.
    Add (STO) ES/NQ with momentous drop.
    SPX is indexing at the 1445 level.
    Nasdaq 2600.
    QQQ 48.75.
    DJIA 12,975.

    Holiday week should be range-bound, but as OP says - -since when is the stock market predictable?
    ======quote from paysense========

    Ok now that i'm in with both feet (per my notes) i'm just wondering...(more notes)

    BULLETIN >> DOW INDUSTRIALS FALL UNDER 13,000

    Midday,
    Halfway through the session just about everything is getting hammered and institutional favs are pulling to new lows.
    Indexes at or now breaking lower support to go substantially lower in lighter trade.
    BULLETIN >> STOCK SELL-OFF INTENSIFIES; DOW INDUSTRIALS DOWN MORE THAN 200 POINTS
    <b>Caveat: volume is light with this steep descent. Hard to imagine that Wall Street fund managers - whose annual returns are already severely depressed - would mostly be away from their desks with all the indexes further breaching lower support - perhaps they know they will they be able to manipulate this market back above levels.</b>?????
     
    #23     Nov 19, 2007
  4. lol
     
    #24     Nov 19, 2007
  5. Feb 27 the market plunged though all the support levels but it reboudned anyway. All the TA gurus were predicting much more selling-which never happened.
     
    #25     Nov 19, 2007
  6. you got that right. chart patterns are for suckas...
     
    #26     Nov 19, 2007
  7. So said Handsome at midnight Sunday, NOV 19th !!

    Handsome, a genuis of all genuis.

    Yeeeeeeeeeeeee Hawwwwwwwwwww Handsome!!

    Woof, Woof!

    Gobble, Gobble, Gobble
     
    #27     Nov 21, 2007
  8. Me tell everybody in advance Market is TURKEY

    Smart people make money when they listen to genius!!
     
    #28     Nov 21, 2007
  9. Mvic

    Mvic

    Targets Hit, am now short using Jan ES puts FWIW
     
    #29     Nov 30, 2007