QQQ & DIA - chat & chart Message Board

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Pastimes : QQQ & DIA - chat & chart

QQQ 596.31

-1.2%

Nov 18 4:00 PM EST

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To: Jon Khymn who wrote (59)	4/20/2001 10:22:04 PM
From: the-phoenix	Read Replies (2) of 795

Hi, Web: Still occasionally checking in on you and following your soliloquy on the Q's. I agree about Monday - plan to short early, unless I see it moving up after about 9:45. But I am thinking about picking up some calls by mid-week, hopefully down around 45 on a retest of the 50 day moving average breakout - kind of a buy the dip mentality. I see COMPX testing 2250-2300 at least before a significant retracement. (QQQ 51+) A lot of resistance in that 2250 area. It could be taken out, but not on the first test, IMO. Thanks for sharing your trades and ideas here. It seems you have picked up a few readers now. Would be nice to see this develop into a full-blown QQQ traders forum, as long as you don't kick too many more out. <ggg> As far as I can tell, SI doesn't have any other threads devoted to QQQ, like I have seen at Raging Bull and Clearstation. Would be interested to see you post more on your analytic techniques, esp. how you use the COMPX/QQQ ratios and how you develop your price targets. Regards, The Phoenix

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