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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Walkingshadow who wrote (4006)	1/19/2005 6:53:28 AM
From: Vendit™	Read Replies (1) of 8752

Terry, I appreciate your thoughtful reply. This chart of the QQQQ that you recalled from our conversation last week: 139.142.147.218 ……minus the last candlestick (which only represents one day). If you study the chart’s lower indicators they seem to be pointing to longer term decay of momentum. Last week’s spinning top just at the mid-line shows neutrality so I am a little surprised to see the bounce on Monday rather than a fall through the mid-line. I guess it’s like trying to compare an intra-day chart with a daily chart; it can’t be done. Reid

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