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Hello
if we gap up tomorrow I will be cashing in my chips
also
when we make a higher high will be closing rest of my position
will not short this market yet
I believe tomorrow is a pause to refresh
and PROBABLY get by Fri. to 37.5 qqq
and about 25 sp points higher
however
starting Monday or maybe even Fri. the beginning of the NASTY down will
begin
maybe 27 qqq is a little much but 30 is in the cards
(at least intra day)
----- Original Message -----
From: "Jeff Haferman" <jeff_haferman@xxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, February 25, 2002 10:02 PM
Subject: Re: [RT] Re: [gannsghost] dow/spx update
> Ben
> Last Thurs nite you wrote QQQ would see 27 in 5-10 day time frame,
> now I see you saying NASDAQ 100 will break out to top of channel...
> (1467 NASDAQ 100 is about 36.57 QQQ)...
> which is it, break out to 36.57, or breakdown to 27, or both?
>
>
>
>
> profitok wrote:
> >----- Original Message -----
> >
> >The NASDAQ 100 moved lower last week to the bottom of the channel.
> >Prices should now move to the top of the channel at 1467 or 8.2% higher.
> >The RSI has a positive divergence suggesting prices will break out of the
> >channel.
> >
>
>
>
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>
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>
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