Qqqq`s Will Break 43 Today Or Tuesday!!!

[BlueStreek]

http://stockcharts.com/h-sc/ui?s=qqqq

 

[empee]

thnx for the heads up!

 

[HolyGrail]

If it drops signifcantly below 41.60 I'll get a little worried about the nasdaq, but not until then. Personally I think it will hold the 43.70 area. It's nothing but up from here. Great buying opportunity.

 

[BlueStreek]

I told you HG that apple would hit 82, before it hit 92......but I am sure you got out plenty of time with that kind of trading range you could drive a truck through.

 

[HolyGrail]

Yes YOU WERE RIGHT. I moved my stop to break even at the start of the trading day yesterday, so I made nothing, but it was worth the risk because of the volatiility of the stock. I will be looking to purchase the stock again for a quick pop.

 

[phil1424]

Blue, sounds like the NQ may be an option also then for placing a bet down . Once again Bluestreak , another excellent post !

 

[noddyboy]

Quote from HolyGrail:

Yes YOU WERE RIGHT. I moved my stop to break even at the start of the trading day yesterday, so I made nothing, but it was worth the risk because of the volatiility of the stock. I will be looking to purchase the stock again for a quick pop.

What happened to all the advise about the trend is your friend, about going with the flow, not calling the turning points but just watching the markets? I guess it only works for buys?

 

[HolyGrail]

Quote from noddyboy:

What happened to all the advise about the trend is your friend, about going with the flow, not calling the turning points but just watching the markets? I guess it only works for buys?

The trend is still your friend. The upward trend has not ended.

 

[BlueStreek]

to me right now rimm looks like goog a couple quarters back where they beat numbers the stock jumped to 450 in ah, and premarket; but slowly drifted downwards.

As rimm beat but i think the stock is already valued for this fact by the tremendous runnup over the past 3 months---i look for that stock to slowly drift down to the 125 level over the next few months.

 

[HolyGrail]

Noddy do yourself a favor and look at aapl and qqqq on a weekly scale. If that isn't a great upward trend I don't know what is. The daily stuff is all noise.