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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (4566)	2/3/2005 8:34:12 AM
From: Walkingshadow	Read Replies (1) of 8752

Yes, QQQQ looks like it is really starting to struggle here, and I agree we might not see that overhead gap fill. Besides the hammer you pointed out, we have now seen 3 narrow-range days in a row, together consistent with reversal here to the downside. There is an slim chance $38 might get hit on an intraday basis, but a close at or above $38 is now looking increasingly unlikely as you say. 139.142.147.22 AMZN's miss last night will not help the bulls today, and will bring down the sector. This morning, the analysts are stomping all over AMZN. T

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