I got it Dee, and just posted it. I’d say “they” are telling us where they plan to take the market too. The question is… when? This Friday maybe?
QQQQ FP 52.27 by Dee… Thanks!
http://reddragonleo.com/wp-content/uploads/fp-qqqq-03-09-2011-of-52-27-by-DeeDee.bmp
Wow… 52.27! That’s a nice move down Dee.
Just went thru – sorry got stuck in my outbox
Sounds like the crap is going to hit the fan Richie… LOL!
red,
bill gross from pimpco has dumped all UST, and holds NONE! largest cash holding ever for total return bond fund. MBS also sold down….. Tyler Durden extrapolates that based on this action of the quintessential insider – there will be NO QE3!!!!!
http://www.zerohedge.com/article/exclusive-bill-gross-dumps-all-treasuries-brings-total-government-related-holdings-zero-flee
Did you catch the FP on Q’s at 52.27? Sending the screen shot now.
calling the actions of a top is singley the toughest thing to do in trading! i applaud you for making the calls!!!
Well gang, that’s a failed inverted H&S pattern… which is very bearish. The market will likely sell off today, not rally.
Hard too say if it’s going to play out or not GG? So far the premarket isn’t supporting a move up from the inverted H&S.
I got it Dee, and just posted it. I’d say “they” are telling us where they plan to take the market too. The question is… when? This Friday maybe?
QQQQ FP 52.27 by Dee… Thanks!
http://reddragonleo.com/wp-content/uploads/fp-qqqq-03-09-2011-of-52-27-by-DeeDee.bmp
Wow… 52.27! That’s a nice move down Dee.
Just went thru – sorry got stuck in my outbox
Sounds like the crap is going to hit the fan Richie… LOL!
red,
bill gross from pimpco has dumped all UST, and holds NONE! largest cash holding ever for total return bond fund. MBS also sold down….. Tyler Durden extrapolates that based on this action of the quintessential insider – there will be NO QE3!!!!!
http://www.zerohedge.com/article/exclusive-bill-gross-dumps-all-treasuries-brings-total-government-related-holdings-zero-flee
Did you catch the FP on Q’s at 52.27? Sending the screen shot now.
red,
calling the actions of a top is singley the toughest thing to do in trading! i applaud you for making the calls!!!
Well gang, that’s a failed inverted H&S pattern… which is very bearish. The market will likely sell off today, not rally.
Hard too say if it’s going to play out or not GG? So far the premarket isn’t supporting a move up from the inverted H&S.