Friday, November 24, 2006

Who would believed this morning!

That QQQQ would make high by afternoon.
So, this restless thing does really want
to go to 46+ ha...
Next time for a direction change 13:30pm
Low-High,your guess as good as mine for now
Resistance starts around 45.10 ...
Good Trading

6 comments:

James said...

Market closes at 1.00 today. Keep your head down Boris. It sounds like things are heating up in the mideast. Dont get yourself raptured. Best James

boris said...

He forgot al along, that this is
short day. Yes, things are always hot down here. But it seems little different from this vantage point of view.
What do you here about MEast today?

James said...

Sorry I didnt mean to alarm. I was sort of kidding. But things are pretty much out of control in Iraq and Im not sure what that leads to. It seems to be another massive blunder by USA INC. Best wishes James C

boris said...

No problem James, blunder
is what we Americans do best.
See one of those blunders is now
a baby capitalism. Not that it means anything to me, but Vietnam is capitlist...
Ha.. Ha.. Ha..
Capitlist. Who needs communists anymore when USA does a great job adopting all the former communist methods... or even communist friends ( CHINA ).
Best to you too my friend.

James said...

Well my weekly CPC chart confirms the sell at the close. Unless its differant this time...who knows. If dollar stays weak maybe a tradeble sideways chop for a month or 2. If dollar turns around with a TNX rise open the trap door. Helo Ben has the ball God help us all. My weeks done. Happy trading. James C

boris said...

James,
I think we are getting mor and more confirmatory signlas for the eventual downturn. And it could really have started today as it is within the parmaters of where the high should have been made.
Let us hope that we arrived, but let us keep an eye at the markets as, as a last gasp they could surprise us again.
My week is done as weel.
Good Trading.