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shorter term broadening range. Today is looking like it wants to blast through it to the upside. But as long as the top support line holds, it's still intact.

This is sort of an addendum to a thread i've been posting to on a possible QQQQ top. The QQQQs look bounded by a broadening range for the short term daily. The longer term weekly broke down through the long term major diagnol support and had an impulse leg back to test that support line...

blog didn't come out, but try: http://articles.moneycentral.msn.com/Investing/CompanyFocus/3SignsThatAStockCrashIsComing.aspx "This is only the third time in recent history that this short position has been so large. The other two times were early 2001, just before the S&P 500 tumbled 38%...

Here's another interesting observation: I've been reading similar blogs and articles stating that midterm elections can precede a big post drop after a recent run up: http://www.zecco.com/blogs/acrowders_blog/interesting I'm not certain I agree with the blog author's comment about the...

one more.... see the broadening top on the right forming? Those usually don't end well (for longs that is). Let me know if I'm overposting as I am a neophyte on the board. Thanks.:)

another potential chart view. QQQQs bounded by fib lines.

Also, notice how the dems won the senate also. They almost had all the spin down; dems house : rep sen = gridlock = great for no change in status quo. Now, how are they going to try to spin dems house and senate. Seems like a good catalyst to end the pre election runup. Also, the old january...