QQQQ head and shoulders?

Quote from Handsome:

Me say before and me say again. Forget head and shoulders unless you got itchy scalp...forget cup and flying saucer..forget all that..

Me say here the other day and me say again here right now, Sunday night, MIDNIGHT in NY, Nov 19, 2007...

Market is going to S-H-O-C-K so many...

Market like big big pin ball machine that is about to go


<b> T-I-L-T</b>

It going to be ugly..

Market is

B
R
O
K
E
N

and struggling to breath...few more gasps for breathing maybe BUT market is B-R-O-K-E-N

<b> SO B-CAREFUL</b>

So says me, Handsome, a great genius...

No going to be a Merry Christmas for many!!!

Woof, Woof

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!!!!!!!!!!!!!!!!
 
=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>?????
 
Quote from stock_trad3r:

Indexes don't usually obey technicals such as head and shoulders, double tops, moving averages, and other crap . The QQQQ will only surge higher into the end of this year.

lol
 
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.
 
Quote from stock_trad3r:

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.

you got that right. chart patterns are for suckas...
 
Quote from Handsome:

Me say before and me say again. Forget head and shoulders unless you got itchy scalp...forget cup and flying saucer..forget all that..

<b>Me say here the other day and me say again here right now, Sunday night, MIDNIGHT in NY, Nov 19, 2007...</b>

Market is going to S-H-O-C-K so many...

Market like big big pin ball machine that is about to go


<b> T-I-L-T</b>

It going to be ugly..

Market is

B
R
O
K
E
N

and struggling to breath...few more gasps for breathing maybe BUT market is B-R-O-K-E-N

<b> SO B-CAREFUL</b>

So says me, Handsome, a great genius...

No going to be a Merry Christmas for many!!!

Woof, Woof

So said Handsome at midnight Sunday, NOV 19th !!

Handsome, a genuis of all genuis.

Yeeeeeeeeeeeee Hawwwwwwwwwww Handsome!!

Woof, Woof!

Gobble, Gobble, Gobble
 
Quote from Mvic:

The QQQQs look ready to rally hard in the short term. I'm a buyer here at 50.11. EMM too at 148.26.
Targets 52 and 155 respectively.

Targets Hit, am now short using Jan ES puts FWIW
 
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