A rally in the making

[Capital Essence NewsDesk] as we've offered in our September 17 Market Outlook "a 50 basis point cut is likely to encourage a fresh round of buying" stock rose sharply Tuesday with the Dow gained about 300 points immediately followed the Federal Reserve's announcement to cut the fed funds rate by a half-point, around 2:15 pm ET.

Editor's Note: below are just some trading ideas flow from our latest Headlines.

"Cubes Speculator Bulletin"

September 12, 2007 @ 08:09 PM

Signal: Buy.

Today's buy signal could be the beginning of the third buying wave – started from August 16's low.

September 13, 2007 @ 10:30 PM

Price follow-through to the upside today so yesterday's [September 12] buy signal must be a beginning of the third buying wave – started from August 16's low.

September 17, 2007 @ 08:30 PM

Prices break down on "exactly" the same angle and similar volume in the past 3 sessions. And we can't help but wondering is it a "tells" or just plain coincident?

Please bear in mind that if it's a "tells", then the recent decline is simply a "rally" in the making.

As a matter of fact, the NASDAQ-100 ETF (QQQQ) rose sharply today, up $1.25 or +2.56% for the day (see chart below).

You see, successful trading is all about the quack count. If the ducks align, we'll give you a ping in advance so that you'll have sufficient time to "hit 'em hard". When they don't, we'll also chime in so that you can take a day off and go play golf. It's so easy, even a 10 years old kid can do it.

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