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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: donald sew who wrote (23590)11/8/2001 7:20:11 PM
From: victor pan  Read Replies (1) of 52237
 
Donald,

>nor would I be surprised if tomorrows highs broke above todays intraday's highs slightly.

Very nice call today! Too bad you didn't provide the exact time the pull back started ;)

>I am not expecting a huge pullback, just something normal in size - something like 3-5 points in the QQQ's

What do you think about this possibility? I observed that 37.5 was a pretty strong resistance for QQQ (corresponding to ~1800 NAZ). It must have taken it 5 or more intraday attempts to break that level. Now that it broke the resistance, it should turn around and provide a support?

It seems that even if QQQ comes back to fill the 35.5 gap, an uptrend (starting from late September) is still intact?
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