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Strategies & Market Trends : Playing the QQQQ with Terry and friends.

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To: Gush who wrote (110)5/17/2005 8:33:08 AM
From: Walkingshadow   of 4814
 
Hi Gush,

Looks like we are in for a bit of a pullback to test support here.

Overseas markets were down moderately overnight, oil is at $48.50, and the index futures are trading down some at the moment.

Should be a modest gap down at the open, then I expect a test of support. More upside later in the week.

T
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