nikoschopen
2,824 posts
msg #60412
- Ignore nikoschopen |
3/12/2008 11:48:37 AM
Alright, it's going back down to...well, the previous close.
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nikoschopen
2,824 posts
msg #60414
- Ignore nikoschopen |
3/12/2008 12:07:55 PM
S&P just hit the previous day's close. There should now be a slight pop, maybe about 3-4 points or so.
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nikoschopen
2,824 posts
msg #60423
- Ignore nikoschopen |
3/12/2008 3:42:52 PM
I think we just hit the bottom for now.
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EWZuber
1,373 posts
msg #60424
- Ignore EWZuber |
3/12/2008 4:04:44 PM
QQQQ topped out very close to my prediction of $43.50 today.
I suspect markets have a ways to go yet.
Thinking the COMP 25 HR.MA will be support. W%R just doesn't look ready yet.
VIX I suspect will top out at its 25 HR.MA and hold as resistance. It has a ways to go as well.
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nikoschopen
2,824 posts
msg #60426
- Ignore nikoschopen |
3/12/2008 4:34:42 PM
Zub, as a daytrader, when I mention a "bottom" I usually mean the intraday bottom.
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nikoschopen
2,824 posts
msg #60439
- Ignore nikoschopen |
3/12/2008 11:34:39 PM
I dunno what the news is but the S&P futures trading sharply lower and acting crazy in the AH.
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nikoschopen
2,824 posts
msg #60441
- Ignore nikoschopen |
3/13/2008 2:33:50 AM
Not exactly a eye-popping news but it might be worth looking into:Carlyle Capital unable to reach deal with lenders
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EWZuber
1,373 posts
msg #60447
- Ignore EWZuber |
3/13/2008 9:59:35 AM
The 25 DMA remains impenetrable.
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EWZuber
1,373 posts
msg #60448
- Ignore EWZuber
modified |
3/13/2008 10:02:52 AM
COMP has the potential to retest recent lows at 2175 and VIX could easily break 30 again..
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nikoschopen
2,824 posts
msg #60449
- Ignore nikoschopen |
3/13/2008 10:17:55 AM
It's way oversold at the moment. There will be a temporary pop to push this market up enough to fool the weak hands before taking it down.
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