Comments on: A Quick Look at New Highs for XLK Technology Sector http://blog.afraidtotrade.com/a-quick-look-at-new-highs-for-xlk-technology-sector/ Helping traders overcome fears and emotions in trading Thu, 09 Feb 2012 14:53:15 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/a-quick-look-at-new-highs-for-xlk-technology-sector/comment-page-1/#comment-212719 Corey Rosenbloom, CMT Tue, 22 Dec 2009 22:57:55 +0000 http://blog.afraidtotrade.com/?p=5258#comment-212719 Piper,<br><br>That's a very good point - I need to do a monthly Fibonacci grid of the NASDAQ to show the retracement lines.<br><br>2000 for the NASDAQ was a rare time and it could take years to rally back to those 'unsustainable' highs, but certainly a half-way point is not out of the question.<br><br>I'll have to take a closer look at this. Thanks! Piper,

That's a very good point – I need to do a monthly Fibonacci grid of the NASDAQ to show the retracement lines.

2000 for the NASDAQ was a rare time and it could take years to rally back to those 'unsustainable' highs, but certainly a half-way point is not out of the question.

I'll have to take a closer look at this. Thanks!

]]> By: pipercolt http://blog.afraidtotrade.com/a-quick-look-at-new-highs-for-xlk-technology-sector/comment-page-1/#comment-212718 pipercolt Tue, 22 Dec 2009 22:41:47 +0000 http://blog.afraidtotrade.com/?p=5258#comment-212718 corey we've been looking at this divergence for 2 months now. NQ is in a tight range here. Is it possible that the NQ has memory of its former highs of 5000 and could it retrace at least 50% of it. It would take us to a double top of 2007 corey we've been looking at this divergence for 2 months now. NQ is in a tight range here. Is it possible that the NQ has memory of its former highs of 5000 and could it retrace at least 50% of it. It would take us to a double top of 2007

]]> By: Corey Rosenbloom, CMT http://blog.afraidtotrade.com/a-quick-look-at-new-highs-for-xlk-technology-sector/comment-page-1/#comment-211701 Corey Rosenbloom, CMT Tue, 22 Dec 2009 16:57:55 +0000 http://blog.afraidtotrade.com/?p=5258#comment-211701 Piper,<br><br>That's a very good point - I need to do a monthly Fibonacci grid of the NASDAQ to show the retracement lines.<br><br>2000 for the NASDAQ was a rare time and it could take years to rally back to those 'unsustainable' highs, but certainly a half-way point is not out of the question.<br><br>I'll have to take a closer look at this. Thanks! Piper,

That's a very good point – I need to do a monthly Fibonacci grid of the NASDAQ to show the retracement lines.

2000 for the NASDAQ was a rare time and it could take years to rally back to those 'unsustainable' highs, but certainly a half-way point is not out of the question.

I'll have to take a closer look at this. Thanks!

]]> By: pipercolt http://blog.afraidtotrade.com/a-quick-look-at-new-highs-for-xlk-technology-sector/comment-page-1/#comment-211699 pipercolt Tue, 22 Dec 2009 16:41:47 +0000 http://blog.afraidtotrade.com/?p=5258#comment-211699 corey we've been looking at this divergence for 2 months now. NQ is in a tight range here. Is it possible that the NQ has memory of its former highs of 5000 and could it retrace at least 50% of it. It would take us to a double top of 2007 corey we've been looking at this divergence for 2 months now. NQ is in a tight range here. Is it possible that the NQ has memory of its former highs of 5000 and could it retrace at least 50% of it. It would take us to a double top of 2007

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