Trading the markets..... Message Board

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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (3934)	3/7/2001 1:46:36 PM
From: Kemo Sabe	Read Replies (1) of 4583

GZ: The markets sold off cause they knew the Captain was going to get hurt...gg. The market anticpates pain 6-12 mos in advance..gg Now that the Captain is back (from his injury) we should be off & running. Kidding aside, the QQQ wedge (weekly chart) started in Jan '00 & looks to apex in April '01. Its about time this wedge break TO THE NORM. The Jan '01 rally was a little too far from the apex & left room for the latest selloff to (?) conclude the downside. There's still an outside chance the apex of the wedge will be pursued, but heavy buying will come in quickly on any further drops. Kemo Sabe

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