A bearish day today

A bearish day today ! Black Monday again !

The up trend formed last week in the NASDAQ daily chart is broken today with a gap ! The bearish force seems very powerful!!

I think today is a bearish day today.

Euro trended down to ~1.38, and oil is down to ~67. Gold is down to ~ 921.

QID has a big jump this morning. It seems when QID drops below 33, it is a good buying opportunity, at least you can sell it at a higher price (above 33) with some quick profits.

As time passes, it seems our spotted top before is a good shot. Here are the words posted before :" Based on the moving pattern of QID this morning, I feel that yesterday 's 1,879.92 of NASDAQ may be a top/high for some time. "

Enjoy !
at 6/22/2009 09:43:00 AM

2 comments:

  1. AnonymousJune 22, 2009 at 10:06 AM

    thanks. QID will be up to 40 soon

    ReplyDelete
  2. TigerJune 22, 2009 at 10:18 AM

    There may be an intra-day reversal today, very possible. I really expect it.

    ReplyDelete

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