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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (117077)11/20/2000 9:54:30 PM
From: Jenna  Read Replies (1) of 120523
 
QQQ had a double bottom breakout, the Nasdaq Composite closed at 2875.6 It will have a double bottom Point & Figure breakout at 2858, the year low is 2859.

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QQQ closed at 69.84 it will have a double bottom point & figure breakout at 68.00. What does all this mean? It means that downside pressure might not be over just yet.
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