nope—FP’s are here to stay. I’ve been following them for 8 years—actually longer, back when fake prints showed up as 16 3/4, or 16 1/2. and there were entire sites / industries dedicated to publishing, nothing but composite trades, that’s what they were called 8 plus years ago. So keep looking for those FP’s cause this is the only source on the internet for the time being.
I think the Q’s huge red candle, marked the top for this Q…Q’s In a downtrend now, Easier to short, than to go long, until FEB rally gets here. imo.
and then there’s this! The Dow is lagging—-look for down 100 days on the Dow, while the Q just sits there. You’ve heard of rotating sectors, well this is rotating indexes.
FFIV has been overvalue since 118—-They beat the street, but they needed to beat by 6%… (X 4) = 24%, to stay on par with the market’s 24% growth expectations.
If ya look at the RUT, transports and nasdaq… they were very weak today. They are supposed to lead us… should we follow? GS is also heading towards the FP – it did close slightly below the 50ma…
Trade what ya see fellas. Weakness has arrived……. Bears got some bones today and the meal should continue for the next few days. Shorts deployed early today. Next goal is to break that 20dma. I believe I see a smile on your face Red………….
Why were they called composite trades?
anyone notice the ratio of INTC to Q’s?
something is truly amiss IMHO.
http://stockcharts.com/h-sc/ui?s=INTC:QQQQ&p=W&yr=3&mn=0&dy=0&id=p79881103905
nope—FP’s are here to stay. I’ve been following them for 8 years—actually longer, back when fake prints showed up as 16 3/4, or 16 1/2. and there were entire sites / industries dedicated to publishing, nothing but composite trades, that’s what they were called 8 plus years ago. So keep looking for those FP’s cause this is the only source on the internet for the time being.
I think the Q’s huge red candle, marked the top for this Q…Q’s In a downtrend now, Easier to short, than to go long, until FEB rally gets here. imo.
and then there’s this! The Dow is lagging—-look for down 100 days on the Dow, while the Q just sits there. You’ve heard of rotating sectors, well this is rotating indexes.
calm down, it’s opX wednesday.
then again, if the $TICKS are negative like today (Wed)
I’m in for a little, and add next week!
-GG
FFIV has been overvalue since 118—-They beat the street, but they needed to beat by 6%… (X 4) = 24%, to stay on par with the market’s 24% growth expectations.
If ya look at the RUT, transports and nasdaq… they were very weak today. They are supposed to lead us… should we follow? GS is also heading towards the FP – it did close slightly below the 50ma…
Trade what ya see fellas. Weakness has arrived……. Bears got some bones today and the meal should continue for the next few days. Shorts deployed early today. Next goal is to break that 20dma. I believe I see a smile on your face Red………….
It is opex but this seems different. Vix has not been over 10% in quite some time.
i have little clue at this point how to read the day.
FFIV down $28+ AF earning must have been really disappointing! What effect will it have on Qs?