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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (2219)	11/19/2004 6:27:06 PM
From: Vendit™	Read Replies (1) of 8752

Terry, <gggg> My response is a repeat of my post from yesterday. The chart below shows a 90 day Bullish chart of the QQQ with a Linear Regression Channel metric of 200 dma. Once again the daily range hit the top of the upper channel, which suggests an extremely over-bought QQQ; I.e., a short term market top; post election sell-off is due. 139.142.147.218 Falling oil prices are holding this Bull in place for now but the bull is heavy and will fall soon. The historical trend and Linear Regression Channel clearly indicate this. A link to yesterday’s post. Message 20781189 Have a nice evening, Reid

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