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Strategies & Market Trends : The Options Box

QQQ 610.54

-0.5%

Dec 15 4:00 PM EST

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To: Lost to Voodoo who wrote (5009)	9/15/2000 9:42:38 PM
From: Dan Duchardt	Read Replies (3) of 10876

LtV, I realized that we're significantly under that support trendline that catches the lows from May and early August. I don't see that. My trendline originates 5/24 at the low 3042.66, and passes through 8/3 at the low 3521.14. The low on Wednesday 9/13 at 3794.29 was about as perfect a touch as you can have to complete a 3 point trend line, and today's low was a near perfect touch again at 3806.88. The close puts us about 25 point above that line. I'm not saying which way we go from here, but the trendline is not broken as I see it. Dan

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