Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Michael Sphar who wrote (258)	1/6/2002 3:01:29 PM
From: Jibacoa	Read Replies (1) of 1404

Michael: The QQQ has been on a Near Term Up-Trend since October. It seems to have made a bottom at the September Ls. The nearest support is now at 40.05 and nearest resistance at at 42.30 and then 43.25 ( That last one from the December 6 H of 43.24 which almost formed a double-top with the December 5 H of 43.15 ) Confirmation of the Up-Trend (with expected possible acceleration)on a close above 47. I have been adding to my stock positions and remain bullish for the near term, but subject to change at any time.<g> RAGL Bernard

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