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Strategies & Market Trends : The Options Box
QQQ 621.26-0.1%Jan 16 4:00 PM EST

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To: Lost to Voodoo who wrote (915)5/30/2000 3:48:00 PM
From: Lost to Voodoo  Read Replies (1) of 10876
 
Course, every time I look back at the chart I see how many lines of resistance we have overhead - COMP 3500 in addition to psych. level is where the downtrendline from the end of March is as well as the 20 day ema converge. And then there's the 200 day at 3650. We'll need some major action (and probably some volume more in the range of "kickass") to get through all that. Even that downtrendline may be formidable & could turn us around as early as tomorrow. Then on the other hand, there is the first-few-days-of-the-month potential boost...
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