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	Comments on: QQQ Testing Resistance, Potential Head &#038; Shoulders Pattern	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: bransth		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17381</link>

		<dc:creator><![CDATA[bransth]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:49:40 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17381</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17379&quot;&gt;gmatache&lt;/a&gt;.

...and you&#039;ll disappear when the market goes down, just like last time.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17379">gmatache</a>.</p>
<p>&#8230;and you&#8217;ll disappear when the market goes down, just like last time.</p>
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		<title>
		By: bransth		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17380</link>

		<dc:creator><![CDATA[bransth]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:48:41 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17380</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372&quot;&gt;gmatache&lt;/a&gt;.

You paid money just to complain and spout ignorance?  What an odd way to spend money.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372">gmatache</a>.</p>
<p>You paid money just to complain and spout ignorance?  What an odd way to spend money.</p>
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		<title>
		By: gmatache		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17379</link>

		<dc:creator><![CDATA[gmatache]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:45:41 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17379</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17376&quot;&gt;hafstjl06&lt;/a&gt;.

Nope. I am done doing that.
I have written numerous posts on fundamental analysis and I received only insults. I&#039;ve written numerous posts on technical analysis - including charts and price targets - and I received only insults. Hell! Even in my sarcastic post I have mentioned a price target (2940 and above) and commented on fundamental factors (the PMI).
For the record, saying that someone is dead wrong is not an insult (especially when you back it up with constructive arguments!). But calling them names, it is (take a look at Imadaytr8r&#039;s reply).
For the past 4 months no one has engaged with me in a factual debate, but almost every message told me shut up.
As such, I&#039;m here to only laugh as hard as I can. Loosen up! It&#039;s going to get (a lot) worse for SPY and QQQ shorts.
Come on everyone, let&#039;s have fun. It&#039;s a great day! If we cannot engage in intellectual conversations, at least let&#039;s make fun of each other LOL]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17376">hafstjl06</a>.</p>
<p>Nope. I am done doing that.<br />
I have written numerous posts on fundamental analysis and I received only insults. I&#8217;ve written numerous posts on technical analysis &#8211; including charts and price targets &#8211; and I received only insults. Hell! Even in my sarcastic post I have mentioned a price target (2940 and above) and commented on fundamental factors (the PMI).<br />
For the record, saying that someone is dead wrong is not an insult (especially when you back it up with constructive arguments!). But calling them names, it is (take a look at Imadaytr8r&#8217;s reply).<br />
For the past 4 months no one has engaged with me in a factual debate, but almost every message told me shut up.<br />
As such, I&#8217;m here to only laugh as hard as I can. Loosen up! It&#8217;s going to get (a lot) worse for SPY and QQQ shorts.<br />
Come on everyone, let&#8217;s have fun. It&#8217;s a great day! If we cannot engage in intellectual conversations, at least let&#8217;s make fun of each other LOL</p>
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		<title>
		By: Sterne		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17378</link>

		<dc:creator><![CDATA[Sterne]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:35:30 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17378</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372&quot;&gt;gmatache&lt;/a&gt;.

Gmtache - I don&#039;t speak for anyone else but this forum is not about trying to state who is wrong or right. So feel free to state your ideas and reasoning, as I said to another member it&#039;s better to serve honey than vinegar as much as possible. I was in the bull camp from March 23rd lows and gave the benefit of the doubt to the global CBs, Congress and everyone else to save the markets to get us to 2940. However, in May, I believe Congress will only fight (creating uncertainty), CBs may slow down to see how markets react to the trillions already thrown at it and now the US treasury is getting prepared to step up but will pick its spots that make sense. THen after May hurdles; I believe we will reach 3300 by end of July.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372">gmatache</a>.</p>
<p>Gmtache &#8211; I don&#8217;t speak for anyone else but this forum is not about trying to state who is wrong or right. So feel free to state your ideas and reasoning, as I said to another member it&#8217;s better to serve honey than vinegar as much as possible. I was in the bull camp from March 23rd lows and gave the benefit of the doubt to the global CBs, Congress and everyone else to save the markets to get us to 2940. However, in May, I believe Congress will only fight (creating uncertainty), CBs may slow down to see how markets react to the trillions already thrown at it and now the US treasury is getting prepared to step up but will pick its spots that make sense. THen after May hurdles; I believe we will reach 3300 by end of July.</p>
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		<title>
		By: Imadaytr8r		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17377</link>

		<dc:creator><![CDATA[Imadaytr8r]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:27:47 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17377</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372&quot;&gt;gmatache&lt;/a&gt;.

Last time I checked every single College and University is a “really, really expensive lesson”! ... but yet most Americans send there kids into a mortgage size debt and 4 years later all their snot nosed little brats have learned is to hate their parents generation and Capitalism! And fools like you will pay way more in taxes to fuel these places in grants and research then any of the loses you’ve accumulated here! So go ahead, close your positions and move on ... and don’t forget to take your critical Cathy attitude with you... go find someone else to blame for your next failure Mr. Loser!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372">gmatache</a>.</p>
<p>Last time I checked every single College and University is a “really, really expensive lesson”! &#8230; but yet most Americans send there kids into a mortgage size debt and 4 years later all their snot nosed little brats have learned is to hate their parents generation and Capitalism! And fools like you will pay way more in taxes to fuel these places in grants and research then any of the loses you’ve accumulated here! So go ahead, close your positions and move on &#8230; and don’t forget to take your critical Cathy attitude with you&#8230; go find someone else to blame for your next failure Mr. Loser!</p>
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		<title>
		By: hafstjl06		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17376</link>

		<dc:creator><![CDATA[hafstjl06]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:20:05 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17376</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372&quot;&gt;gmatache&lt;/a&gt;.

Your disrespect and constant whining is becoming very irritating. Yes, we get it, you disagree, despite there being no evidence to suggest you&#039;re correct. You don&#039;t know what the future holds any more than anyone else. Try voicing your opinion with data, logic, and reason, rather than insults, conjecture, and misplaced ego.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372">gmatache</a>.</p>
<p>Your disrespect and constant whining is becoming very irritating. Yes, we get it, you disagree, despite there being no evidence to suggest you&#8217;re correct. You don&#8217;t know what the future holds any more than anyone else. Try voicing your opinion with data, logic, and reason, rather than insults, conjecture, and misplaced ego.</p>
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		<title>
		By: becky		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17375</link>

		<dc:creator><![CDATA[becky]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:14:13 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17375</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372&quot;&gt;gmatache&lt;/a&gt;.

So why people don&#039;t pay rent? They must be spending like mad now based on what you&#039;re saying. Maybe rent is not essential to pay for? Or did we price in all of this by now?

Flip-a-coin.com is my fav website]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372">gmatache</a>.</p>
<p>So why people don&#8217;t pay rent? They must be spending like mad now based on what you&#8217;re saying. Maybe rent is not essential to pay for? Or did we price in all of this by now?</p>
<p>Flip-a-coin.com is my fav website</p>
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		<title>
		By: Sterne		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17374</link>

		<dc:creator><![CDATA[Sterne]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:10:42 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17374</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17361&quot;&gt;Sterne&lt;/a&gt;.

TVIX has flat lined like last Wednesday when the market continued to grind higher]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17361">Sterne</a>.</p>
<p>TVIX has flat lined like last Wednesday when the market continued to grind higher</p>
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		<title>
		By: becky		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17373</link>

		<dc:creator><![CDATA[becky]]></dc:creator>
		<pubDate>Tue, 05 May 2020 16:06:43 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17373</guid>

					<description><![CDATA[&lt;a class=&#039;bp-suggestions-mention&#039; href=&#039;https://rightsideofthechart.com/members/rsotc/&#039; rel=&#039;nofollow&#039;&gt;@rsotc&lt;/a&gt; is stop on SPY still suspended or you are going to reevaluate that by today&#039;s close?]]></description>
			<content:encoded><![CDATA[<p><a class='bp-suggestions-mention' href='https://rightsideofthechart.com/members/rsotc/' rel='nofollow'>@rsotc</a> is stop on SPY still suspended or you are going to reevaluate that by today&#8217;s close?</p>
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		<title>
		By: gmatache		</title>
		<link>https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17372</link>

		<dc:creator><![CDATA[gmatache]]></dc:creator>
		<pubDate>Tue, 05 May 2020 15:55:32 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201012#comment-17372</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17369&quot;&gt;bransth&lt;/a&gt;.

I found another website that gives results as good s this one. It&#039;s Flip-A-Coin.com.
Seriously now, the divergence that Randy kept mentioning has already played out and now we&#039;re going beyond 2940 on SPY.
Of course, Randy will never admit that he is dead wrong, but that&#039;s another story. He&#039;ll probably keep drawing pretty down arrows until everyone here is broke. 

The only way this market will go below SPY @2800 is if in 2, 3 or 4 months we have a strong comeback of the number of infections, otherwise we&#039;re heading to new all time highs. So, anyone waiting for a profit on the SPY trade, just pray for a spike in deaths.

By the way, the manufacturing PMI came in way better than the exceptions and that&#039;s because ... oh, well, Randy is dead wrong. This is not the end of the world and people keep spending and they will keep spending. It&#039;s the American way.

PS: for those who keep talking about the disconnect between the economy and the stock market, for the 100th time, the stock market has very little to do with the economy, but a lot to do with the infinite liquidity and purchase power. Eh, this can just be filed under &quot;a really, really expensive lesson&quot;.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/qqq-testing-resistance-potential-head-shoulders-pattern/#comment-17369">bransth</a>.</p>
<p>I found another website that gives results as good s this one. It&#8217;s Flip-A-Coin.com.<br />
Seriously now, the divergence that Randy kept mentioning has already played out and now we&#8217;re going beyond 2940 on SPY.<br />
Of course, Randy will never admit that he is dead wrong, but that&#8217;s another story. He&#8217;ll probably keep drawing pretty down arrows until everyone here is broke. </p>
<p>The only way this market will go below SPY @2800 is if in 2, 3 or 4 months we have a strong comeback of the number of infections, otherwise we&#8217;re heading to new all time highs. So, anyone waiting for a profit on the SPY trade, just pray for a spike in deaths.</p>
<p>By the way, the manufacturing PMI came in way better than the exceptions and that&#8217;s because &#8230; oh, well, Randy is dead wrong. This is not the end of the world and people keep spending and they will keep spending. It&#8217;s the American way.</p>
<p>PS: for those who keep talking about the disconnect between the economy and the stock market, for the 100th time, the stock market has very little to do with the economy, but a lot to do with the infinite liquidity and purchase power. Eh, this can just be filed under &#8220;a really, really expensive lesson&#8221;.</p>
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