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Strategies & Market Trends : QQQ- Pure TA Discussion only
QQQ 629.07+0.5%Oct 31 5:00 PM EST

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To: Topannuity who wrote (63)11/17/2000 12:09:02 AM
From: Sam Scrutchins   of 95
 
>>>> I created the table below from their max pain figures and my qqq price chart. <<<<

Good research, TA. I just don't have much time for such as that. Your data strongly suggests that a rally, perhaps unexpected by most, will occur tomorrow. I don't really see how the market has much downside risk here (not a lot of upside potential either), but who knows. From a purely sentiment perspective, the market has been oversold a while, and rally is possible, but we are in a bear market still, and the bottom is yet to be determined.

Just my 2 cents

Sam
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