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Pastimes : QQQ & DIA - chat & chart
QQQ 608.86+0.1%Nov 14 4:00 PM EST

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To: Jon Khymn who wrote (119)5/7/2001 2:19:45 AM
From: Jon Khymn  Read Replies (1) of 795
 
Trade plan for week of May 7.

For short term, 1 or 2 day holding quick play:
sell @ 50s & buy @ 45s.

51 prove to be pretty tough front line to break...
If we can just break this, rest seems easy to break through.

For mid term holdings:
If the cube can't break 51 by Thursday afternoon, then get out.
If drops below 45, also get out.

I think we will have one more push to break 51 this week,
if we pass, then we are heading up
but if we fail, the market will need some time to gather up energy to push again...

It will be interesting to watch this week.
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