Hello brother,
First I would like to let you know NASDAQ was up 40.50 that Monday.:) :)) :)) :::)))
Was I right about it AGAIN.

TRIN (at close of the day) high is not good for next day Nasdaq will fall but TRIN had a very big jump that 1 day TRIN 1.14+78 .That indicated me Next day move will not be small it will be big.Rising VIX also indicated
Monday will have big day one way or the other.
Volume at price chart showed me how much. Nasdaq hourly chart had FAST BUY for couple of day that day and SURE BUY signal was very close to be given .WHAN SURE buy kick in ( its alaways is a big day).from the chart I could see it will be up day .Also note.
<<<<<<<MACD pointing to strong up move in next few days but sto pointing to very small give back for 1 day or so >>>>>
--------------He asked in Email----------------
Choudry,

Thank you for your reply this morning, appreciated.

Back in this message,
http://messages.yahoo.com/bbs?action=m&b...
7898

You said,
"TRIN and VIX up already .Not good in your eyes but for me its very good.We will now have a larger up day on NASDAQ 40+ move should come in to play soon.If TRIN and VIX stayed low we could only have small up day (but up day).Now there is chance of small down day with VIX and TRIN up but also CHANCE TO HAVE A BIG UP DAY ON NASDAQ."

Why you think Trin and Vix moving up would give NASDAQ bigger up day? My thinking has been that Trin and Vix up means that down trend may be setting up as people are sensing the down turn and buy more puts.

Have a good weekend,

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Daily scan for today by choudry
by: choudry_yasin
Long-Term Sentiment: Strong Buy 12/30/03 06:40 pm
Msg: 116364 of 118857

12-30-03 TUE NASD 2009+3 V1.55BXMAS XBD+.16% BTK+.01% SMH-.17% NWX+.09% GSO -.27% GIN-1.11% BNKS+0.01% GOX-.36% TRIN 1.14+78 VIX 17.68+.59 QMI-2.80 TIC +69 RSI 68DN A.HRSQQQ+.00FLT( 5MAUP 10MAUP )12% GIANR16DN-LOSR2UP (STKS UP17DN14) V57%UP V38%DN`` NH301DN-NL3DN KSE 4454 -4.82V180DN-these stocks were up 12% today $3+ stk only -RMBS TRIB TTEC SAPE ENCY CVSN ANLY LQMT
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My take on NASDAQ is this.New hi still above 300 means we will have small down days and huge up days from now on.12% Gainers down to 16 today but still above 10 means we WILL HAVE more gain for NASDAQ.
TRIN and VIX up already .Not good in your eyes but for me its very good.We will now have a larger up day on NASDAQ 40+ move should come in to play soon.If TRIN and VIX stayed low we could only have small up day (but up day).Now there is chance of small down day with VIX and TRIN up but also CHANCE TO HAVE A BIG UP DAY ON NASDAQ.



Not a bad day today for Nasdaq 2000 held good.Rhodes may have 1 more day <<<< max >>> to cover PMCS short with out taking big losses.shorts should cover to save money.Long should buy any dips here.PMCS is now a sure buy in my eyes and money maker trade.I have no PMCS and no plans or money to go long PMCS.I have CRA INCY MAXY AND GLGC.Looking to add GENE at open Wednesday.

MACD pointing to strong up move in next few days but sto pointing to very small give back for 1 day or so