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Strategies & Market Trends : trading the QQQ

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To: bernard rogers who started this subject	2/21/2002 4:05:48 PM
From: hypostomus	Read Replies (1) of 714

That test of top that occurred around 1PM ET is a common bull trap that time of day. I know, I've been suckered by it too often. Passed it up today. I notice that even idiots like us couldn't miss that 12:45 move. Look at your first trade on my chart setup and see if you see what I'm doing. Of course, today may just be luck. Alas, if I had more nerve, I'd have made more money, but my targets were hit so I bailed. I hate consolidations, especially when they're made by ten cent bars. Why didn't you jump on the afternoon slaughter?

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